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Maharashtra Seamless Ltd

Stage 2 · Advancing · week 8Setup 3.4 WatchWeak -9.5

As of 29 Oct 2026, Maharashtra Seamless is in Stage 2, the uptrend phase, now in week 8 (since 4 Sep 2026). It closed at ₹545, 26.1% below its 52-week high and below its 200-day average, which is rising. In Industrials, 22.6% of stocks are in Stage 2.

Maharashtra Seamless Limited engages in the manufacture and sale of seamless steel pipes and tubes in India. More about the company

₹544.9
+0.87% today
₹7,301 Cr · Mid cap
Market Neutral — FadingIndustrials 22.6% in Stage 2-4.0 pts / 20dBuilding Products - Pipes 34.8%-4.3 pts

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

3.4 Watch

Momentum

Steady

Edge

Weak -9.5

Setup-score rank among Stage 2 peers: #5 of 8 in Building Products - Pipes · #93 of 120 in Industrials

Is MAHSEAMLES early, or has it already run? Pro answers that for every NSE stock, after every close.

Loading price chart…
Stage Cycle Timeline2023-08-02 → 2026-10-29
S2 31w
S3 14w
S4 13w
S2 19w
S4 27w
2023-08-022026-10-29
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 31w → S3 14w → S4 13w → S1 7w → S4 5w → S1 6w → S2 3w → S3 2w → S4 5w → S1 1w → S2 19w → S3 4w → S4 27w → S1 6w → S2 9w → S3 8w → S2 8w current
Total tracked: 168 weeks across 17 stage runs.

MAHSEAMLES among Building Products - Pipes9th of 23 by relative strength

All 23 →
Stocks in Building Products - Pipes ranked by relative strength, with stage and one-month change
#StockStageRS1M
1MANINDSStage 2 · wk 1195−15.8%
2APOLLOPIPEStage 2 · wk 2992+4.4%
3SAMBHVStage 2 · wk 1288+3.5%
4JINDALSAWStage 2 · wk 2783−14.0%
5APLAPOLLOStage 2 · wk 883−0.1%
6BMWVENTLTDStage 1 · wk 176+24.7%
7RATNAMANIStage 2 · wk 669−15.3%
8ASTRALStage 4 · wk 264−0.4%
9MAHSEAMLESStage 2 · wk 863−23.7%
vs 52W High
-26.1%
₹506.5 lo₹737.7 hi
26.1% below 52W high, far from high
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 8
1w13w26w
Week 8, early Stage 2
How long this stock has been in Stage 2. The sweet spot is mid-run: long enough to prove the structure holds, not so long that it's extended. Very fresh moves (weeks 1–4) often need more time to confirm.
vs 200 DMA
-9.5%
200 DMA: ₹602 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.30x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↓
Short-term trend rolling over
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
-23.7%
3M
-6.4%
6M
-16.1%
YTD
-1.0%
1Y
-6.7%
Sector
Industrials
↓ Peaking
Stage 2%
22.6%
20d Δ
-4.0pp
1M return
-4.2%
3M return
-4.5%
Sector Stage-2 % · last 20 days
This stock ranks #92 of 116 Stage 2 stocks in Industrials by RS. Lagging sector peers.
Industry
Building Products - Pipes
↓ Peaking
Stage 2%
34.8%
20d Δ
-4.3pp
1M return
-4.8%
3M return
+4.9%
Industry Stage-2 % · last 20 days
Ranks #7 of 8 Stage 2 stocks in this industry.
Scan Membership
Prop Scan
Latest: 2026-10-07
Breakout Watch
Latest: 2026-09-04
32 appearances in last 60 days. First seen: 2018-09-11.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-29S2
Wk 8 · Vol 0.30x
2026-10-28S2
Wk 8 · Vol 0.46x
2026-10-27S2
Wk 7 · Vol 0.56x
2026-10-26S2
Wk 7 · Vol 0.21x
2026-10-23S2
Wk 7 · Vol 0.47x
2026-10-22S2
Wk 7 · Vol 0.77x
2026-10-21S2
Wk 7 · Vol 0.55x
2026-10-19S2
Wk 6 · Vol 0.74x
2026-10-16S2
Wk 6 · Vol 0.50x
2026-10-15S2
Wk 6 · Vol 0.84x
2026-10-14S2
Wk 6 · Vol 1.04x
2026-10-13S2
Wk 6 · Vol 1.04x
Moving averages & range
50 DMA
₹648.7
200 DMA
₹602
52W High
₹737.7
52W Low
₹506.5
5D Low
₹532.7
Resistance levels (recent highs)
20d High
₹737.7
60d High
₹737.7
120d High
₹737.7
250d High
₹737.7
Next resistance
+35.4%
to 20d High
P/E (TTM)
12.1
Forward —
Earnings Growth (YoY)
-50.2%
Revenue -16.0%
ROE
+10.6%
Profit margin +13.9%
Dividend Yield
1.59%
P/B 1.3

Maharashtra Seamless: quick answers

What stage is Maharashtra Seamless in?

As of 29 Oct 2026, Maharashtra Seamless (MAHSEAMLES) is in Stage 2, the uptrend phase. It entered Stage 2 on 4 Sep 2026 and is in week 8. What the four stages mean

Is Maharashtra Seamless in an uptrend?

Yes. Maharashtra Seamless is in a Stage 2 uptrend. It trades 9.5% below its 200-day average, which is rising.

How far is Maharashtra Seamless from its 52-week high?

Maharashtra Seamless closed at ₹545 on 29 Oct 2026, 26.1% below its 52-week high of ₹738. Its 52-week low is ₹506.

How has Maharashtra Seamless performed over the past year?

As of 29 Oct 2026, Maharashtra Seamless is down 6.7% over the past year and down 1.0% so far in 2026.

Which sector and industry is Maharashtra Seamless in?

Maharashtra Seamless is in the Building Products - Pipes industry, part of the Industrials sector. 120 stocks in Industrials are in Stage 2, 22.6% of the sector. See the Stage 2 stocks in Building Products - Pipes

About this companyIndustrials· Building Products - Pipes

Maharashtra Seamless Limited engages in the manufacture and sale of seamless steel pipes and tubes in India. The company operates through three segments: Steel Pipes & Tubes, Power – Electricity, and RIG. It offers mild steel and galvanized pipes; API line pipes; oil country tubular goods (OCTG) pipes; and hot finished pipes and tubes, and cold drawn and boiler tubes. It also provides coated pipes, such aas 3 layer polyethylene coated pipes, fusion bonded epoxy coated pipes, 3 layer polypropylene coated pipes, and internal epoxy coating pipes. In addition, the company is involved in renewable power generation and rig operations. Further, the company operates 5MW solar power plant in Pokaran, District Jaisalmer Rajasthan 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 New Delhi, India.

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All analytics based on EOD data. Data as of 2026-10-29. Past data patterns are not indicative of future results. This page is a data analytics tool only.