MAHSEAMLES - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | MAHSEAMLES | Market Cap | 7,065 Cr. | Current Price | 525 ₹ | High / Low | 774 ₹ |
| Stock P/E | 8.28 | Book Value | 485 ₹ | Dividend Yield | 1.90 % | ROCE | 17.2 % |
| ROE | 13.4 % | Face Value | 5.00 ₹ | DMA 50 | 543 ₹ | DMA 200 | 604 ₹ |
| Chg in FII Hold | -0.35 % | Chg in DII Hold | -0.73 % | PAT Qtr | 247 Cr. | PAT Prev Qtr | 130 Cr. |
| RSI | 47.8 | MACD | -9.27 | Volume | 1,18,062 | Avg Vol 1Wk | 1,42,408 |
| Low price | 500 ₹ | High price | 774 ₹ | PEG Ratio | 2.23 | Debt to equity | 0.00 |
| 52w Index | 9.12 % | Qtr Profit Var | 30.0 % | EPS | 63.7 ₹ | Industry PE | 19.1 |
📊 Analysis: Mah Seamless is trading at 525 ₹, below both its 50 DMA (543 ₹) and 200 DMA (604 ₹), indicating short-term and medium-term weakness. RSI at 47.8 suggests neutral-to-weak momentum, while MACD (-9.27) reflects bearish sentiment. Intraday volume (1.18 lakh) is lower than the weekly average (1.42 lakh), showing reduced participation. Fundamentals remain solid with ROE 13.4%, ROCE 17.2%, and EPS at 63.7 ₹, but technicals suggest caution for intraday trading.
💰 Optimal Buy Price (Intraday): 520–525 ₹ (near support zone).
📈 Profit-Taking Levels: 535 ₹ (first resistance), 550 ₹ (secondary resistance).
⚠️ Stop-Loss / Loss Protection: 510 ₹ (below intraday support).
⏱️ If Already Holding: Exit if price fails to sustain above 535 ₹ with volume confirmation or if RSI dips below 45 intraday. Hold for extended gains only if momentum sustains above 550 ₹ with strong volume recovery.
Positive
- 📈 Strong quarterly PAT growth (247 Cr. vs 130 Cr., +30%).
- 📊 EPS at 63.7 ₹ supports valuation strength.
- 📉 Debt-free balance sheet (Debt-to-equity 0.00).
- 📈 Dividend yield at 1.90% adds investor confidence.
Limitation
- ⚠️ Current price below both 50 DMA and 200 DMA.
- 📉 MACD (-9.27) indicates bearish momentum.
- 📊 Intraday volume weaker than weekly average.
- 📉 PEG ratio at 2.23 suggests expensive growth valuation.
Company Negative News
- 📉 FII holdings decreased (-0.35%) and DII holdings decreased (-0.73%).
- ⚠️ Stock trading far below 52-week high (774 ₹).
Company Positive News
- 📈 PAT growth of 30% quarter-on-quarter.
- 📊 EPS strength and dividend yield provide investor support.
Industry
- 🏭 Steel/industrial sector PE at 19.1, Mah Seamless trades at a discount (8.28).
- 📈 Sector supported by infrastructure and manufacturing demand cycles.
Conclusion
⚖️ Mah Seamless is a moderate intraday candidate. Buy near 520–525 ₹ with stop-loss at 510 ₹. Profit booking can be considered at 535–550 ₹. Momentum indicators remain weak, but strong fundamentals and discounted valuation provide support. Traders should rely on volume confirmation before holding beyond 550 ₹.
Would you like me to also prepare a peer benchmarking overlay comparing Mah Seamless with peers like Ratnamani Metals, Jindal Saw, and Welspun Corp to highlight relative intraday strength in the steel/pipe sector?