Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Steel

Maharashtra Seamless Limited manufactures and sells seamless steel pipes and tubes in India. It operates through three segments: Steel Pipes & Tubes, Power – Electricity, and RIG. The company offers mild steel and galvanized pipes; API line pipes; oil country tubular goods (OCTG) pipes, such as casing tubing, drill pipes, coupling stocks, etc.; and hot finished pipes and tubes, and cold drawn and boiler tubes. It also provides coated pipes, including 3 layer polyethylene coated pipes, fusion bonded epoxy coated pipes, 3 layer polypropylene coated pipes, and internal epoxy coating pipes, as well as connections and pipe fittings. In addition, the company is involved in renewable power generation and rig operations. Further, the company operates 52.5 MW solar power plant in Rajasthan & Maharashtra and 7 MW wind power project in Maharashtra. Its products are used in the oil and gas, hydrocarbon process, bearing industry, automotive, boiler, heat exchanger, plumbing and firefighting, structural, general engineering, railways, sewage and water well, and hydraulic cylinder sectors. The company was incorporated in 1988 and is headquartered in Gurugram, India.

Revenue projections:

Revenue projections for MAHSEAMLES
Revenue projections for MAHSEAMLES

Maharashtra Seamless Limited's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.

Financial Ratios:

currentRatio 0.00000
forwardPE 10.21875
debtToEquity 0.00200
earningsGrowth 0.78100
revenueGrowth -0.00500
grossMargins 0.38418
operatingMargins 0.12535
trailingEps 65.53000
forwardEps 0.00000

MAHSEAMLES's Forward PE is at a healthy level, meaning the stock price is aligned favorably with earnings. This suggests that the stock isn't overpriced, providing room for growth and making it an appealing option for investors looking to capitalize on potential future gains.

Insider Transactions:

Insider Transactions for MAHSEAMLES
Insider Transactions for MAHSEAMLES


There were 5 MAHSEAMLES stock sales, with market price at 710.3299926757812.There were 17 purchases of Maharashtra Seamless Limited stock, with market price of 641.7441154928769.The higher volume of sells at Maharashtra Seamless Limited's current price levels could indicate potential for further price drops. If this selling trend continues, investors might expect the stock's value to decline as more shareholders exit their positions.

Recommendation changes over time:

Recommendations trend for MAHSEAMLES
Recommendations trend for MAHSEAMLES


The recent buy bias from analysts suggests Maharashtra Seamless Limited is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, Maharashtra Seamless Limited appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.