MAHSEAMLES - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | MAHSEAMLES | Market Cap | 8,545 Cr. | Current Price | 637 ₹ | High / Low | 774 ₹ |
| Stock P/E | 11.9 | Book Value | 512 ₹ | Dividend Yield | 1.57 % | ROCE | 14.6 % |
| ROE | 11.0 % | Face Value | 5.00 ₹ | DMA 50 | 618 ₹ | DMA 200 | 602 ₹ |
| Chg in FII Hold | 0.07 % | Chg in DII Hold | 0.38 % | PAT Qtr | 109 Cr. | PAT Prev Qtr | 247 Cr. |
| RSI | 51.3 | MACD | 2.93 | Volume | 1,01,368 | Avg Vol 1Wk | 1,44,998 |
| Low price | 500 ₹ | High price | 774 ₹ | PEG Ratio | -3.76 | Debt to equity | 0.00 |
| 52w Index | 50.0 % | Qtr Profit Var | -55.0 % | EPS | 53.6 ₹ | Industry PE | 22.1 |
📈 Chart & Momentum Analysis
- Current price (₹637) is above DMA 50 (₹618) and DMA 200 (₹602), showing short-term and medium-term strength.
- RSI at 51.3 indicates neutral momentum, leaving room for upside.
- MACD at 2.93 is positive, signaling mild bullish bias.
- Bollinger Bands: Price near mid-band, reflecting consolidation with upward tilt.
- Volume (1.01L) is below average weekly volume (1.44L), showing reduced participation.
🎯 Entry & Exit Zones
- Optimal entry: ₹620–₹630 (support near DMA 50).
- Exit/Profit zone: ₹660–₹680 (resistance near upper band).
- Stop-loss: ₹605 (DMA 200 support).
📊 Trend Status
- The stock is consolidating with mild bullish bias, supported by moving averages but capped by weak volume.
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Positive
✔ Price trading above DMA 50 & DMA 200.
✔ RSI neutral, leaving room for upside.
✔ EPS at ₹53.6 reflects profitability.
✔ Debt-free balance sheet (0.00 debt-to-equity).
Limitation
⚠ Volume tapering, showing weaker conviction.
⚠ PAT declined sharply (-55%).
⚠ PEG ratio negative (-3.76), limiting growth valuation signals.
Company Negative News
📉 PAT dropped from ₹247 Cr. to ₹109 Cr. (-55%).
📉 Weak quarterly performance raises caution.
Company Positive News
📈 FII holding increased (+0.07%).
📈 DII holding increased (+0.38%).
📈 EPS strength supports valuation.
Industry
🏭 Seamless pipes sector PE at 22.1, MAHSEAMLES trades at discount (PE 11.9).
🏭 Sector outlook remains positive with infrastructure and energy demand.
Conclusion
🔎 MAHSEAMLES is consolidating with mild bullish bias. Best strategy is accumulation near ₹620–₹630 and profit booking around ₹660–₹680. A breakout above ₹680 would confirm bullish continuation toward ₹700+.
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