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Mahamaya Steel Share Price Target 2024, 2025, 2026 to 2039 With Charts

Mahamaya Steel Industries Limited

Company LogoSymbol: MAHASTEEL
Price: ₹219.78
Exchange: NSE
Basic Materials -> Steel
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Mahamaya Steel Brief Company Overview

Mahamaya Steel Industries Limited: A Leading Structural Steel Provider in India

Mahamaya Steel Industries Limited is a leading manufacturer and supplier of structural steel products in India. The company has a diverse product range that includes I-beams, angles, H-beams, joists, channels, billets, blooms, rounds, squares, flats, railway sleepers, strips, girders, and more.

Mahamaya Steel Industries was established in 1988 and is based in Raipur, India. The company has a strong reputation in the industry for its high-quality products and reliable service.

The company serves a wide range of industries, including construction, automobile, railway, and power.

Mahamaya Steel Industries is committed to providing its customers with the highest quality products and services possible.


Mahamaya Steel Financial Performance

MetricValueDescription
Market Capital367.5 CroreMarket valuation of Mahamaya Steel's shares.
Revenue (TTM)774.65 CroreTotal revenue generated by Mahamaya Steel over the past twelve months.
Net Income (TTM)+5.93 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin1.01%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin0.76%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-4.2%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-47.2%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
28.91Company's total debt divided by total shareholder equity.
Total Debt40.84 CroreSum of Mahamaya Steel's current & long-term financial obligations.
Total Cash1.6 CroreTotal amount of liquid funds available to Mahamaya Steel.
Beta-0.26Beta is less than 1 indicating that the Mahamaya Steel's price is less volatile than the market.

Is Mahamaya Steel A Good Buy For Long Term?

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To predict the Mahamaya Steel's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Mahamaya Steel Share Price Target For 2024

Mahamaya Steel Targets For 2024 Chart

The line chart displays the monthly closing prices of Mahamaya Steel with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Mahamaya Steel shares in 2024, see the table below.

Mahamaya Steel Share Price Target Table For 2024

Mahamaya Steel's LevelsValueReason/Importance
2024 Target 3226.34 (+2.98%)Custom Fibonacci Extension Lvl 82%
2024 Target 2223.62 (+1.74%)Price Action: 18 Nov 2024 High
2024 Target 1221.00 (+0.55%)Price Action: Jun 2019 High
Current Price219.78Mahamaya Steel's 1 share price as of Mon 25 Nov 2024
Stop Loss 1219.00 (-0.36%)Fibonacci Retracement Level 50%
Stop Loss 2215.64 (-1.89%)Price Action: 21 Oct 2024 Low
Stop Loss 3212.74 (-3.21%)Fibonacci Retracement Extended 28.2%

Summary: Mahamaya Steel Share Price Prediction For 2024

In summary, Mahamaya Steel has surged by ₹135.48, achieving a notable +160.71% increase from 1st January 2024 to 25 Nov 2024. Our analysis of Mahamaya Steel for 2024 predicts an additional rise of 0.55% to 2.98% by the end of 2024 with three potential targets T1: 221.00, T2: 223.62, T3: 226.34. Stop Loss at SL1: 219.00, SL2: 215.64, SL3: 212.74.

Mahamaya Steel has a 52-week high of ₹229.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹76.05, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Mahamaya Steel.

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Mahamaya Steel Share Price Target For 2025

Mahamaya Steel Targets For 2025 Chart

The line chart displays the monthly closing prices of Mahamaya Steel with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Mahamaya Steel shares in 2025, see the table below.

Mahamaya Steel Share Price Target Table For 2025

Mahamaya Steel's LevelsValueReason/Importance
2025 Target 3326.49 (+48.55%)Price Action: Chart
2025 Target 2320.40 (+45.78%)Price Action: Chart
2025 Target 1317.23 (+44.33%)Custom Fibonacci Extension Lvl 64.9%
Current Price219.78Mahamaya Steel's 1 share price as of Mon 25 Nov 2024
Stop Loss 1195.00 (-11.28%)Price Action: Mar 2019 High
Stop Loss 2191.66 (-12.8%)Price Action: 28 Oct 2024 Low
Stop Loss 3188.21 (-14.37%)Price Action: Chart

Summary: Mahamaya Steel Share Price Prediction For 2025

In summary, Mahamaya Steel has surged by ₹135.48, achieving a notable +160.71% increase from 1st January 2024 to 25 Nov 2024. Our analysis of Mahamaya Steel for 2025 predicts an additional rise of 44.33% to 48.55% by the end of 2025 with three potential targets T1: 317.23, T2: 320.40, T3: 326.49. Stop Loss at SL1: 195.00, SL2: 191.66, SL3: 188.21.

Mahamaya Steel has a All-Time high of ₹504.20, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹76.05, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Mahamaya Steel, we have created a specific page for that check here: Mahamaya Steel Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Mahamaya Steel Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Mahamaya Steel Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Mahamaya Steel share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 19.67% over the next 15 years.

For complete year by year Mahamaya Steel long term share price target from 2024, 2025 to 2039 check the below table.

Mahamaya Steel Share Price Target Table From 2024, 2025, 2026 to 2039

YearMahamaya Steel TargetYoY Change %
2024₹219.78[Current Price]
2024₹250.3513.9%
2025₹470.5387.94%
2026₹660.7440.42%
2027₹965.0346.05%
2028₹1,189.9423.3%
2029₹1,259.085.81%
2030₹1,520.420.75%
2031₹1,680.1110.5%
2032₹2,102.7825.15%
2033₹2,325.1710.57%
2034₹2,267.81-2.47%
2035₹2,570.2713.33%
2036₹2,699.475.02%
2037₹3,240.5420.04%
2038₹3,460.426.78%
2039₹3,094.27-10.59%

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Mahamaya Steel Past Performance

MAHASTEEL main
Mahamaya Steel has been listed on NSE for more than 13 years.
  • In 2011, Mahamaya Steel opening price was ₹47
  • As of Mon 25 Nov 2024 the price stands at ₹219.78.
  • This represents a Compound Annual Growth Rate (CAGR) of 11.65%.
  • In 13 years, an investment of 10,000 would have become ₹46,761.7.

As we wrap up, we hope you like our study on Mahamaya Steel share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Mahamaya Steel Industries Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter