MAHSEAMLES · Industrials · 2026-09-11

Maharashtra Seamless Ltd

7.8★★ GoodSolid +4.1Stage 2 · wk 2In scan: Prop Scan · Breakout WatchMARKET: TRANSITION · 2026-09-11
₹728.9
+1.38% today
₹9,767 Cr · Mid cap
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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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
vs 52W High
0.0%
₹506.5 lo₹728.9 hi
Near 52W 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 2
1w13w26w
Week 2 — fresh breakout, verify structure
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
23.6%
200 DMA: ₹589.8 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
4.62x
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
↑ ⇈
Accelerating · MA20 +7.1% vs MA50 +2.5% / 10d
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
Sector
Industrials
↓ Peaking
Stage 2%
28.6%
20d Δ
-8.5pp
1M return
-1.6%
3M return
+2.7%
Sector Stage-2 % · last 20 days
This stock ranks #83 of 139 Stage 2 stocks in Industrials by RS.
Industry
Building Products - Pipes
↑ Building
Stage 2%
43.5%
20d Δ
+8.7pp
1M return
+6.2%
3M return
+9.7%
Industry Stage-2 % · last 20 days
Ranks #5 of 10 Stage 2 stocks in this industry.
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-06-19 → 2026-09-11
S2 37w
S3 14w
S4 13w
S2 19w
S4 27w
2023-06-192026-09-11
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 37w → 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 1w current
Total tracked: 167 weeks across 17 stage runs.
1M
+19.1%
3M
+15.7%
6M
+33.2%
YTD
+30.7%
1Y
+15.0%
Scan Membership
Prop Scan
Latest: 2026-09-11
Breakout Watch
Latest: 2026-09-04
26 appearances in last 60 days. First seen: 2025-01-21.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-09-11S2
Wk 2 · Vol —x
2026-09-10S2
Wk 1 · Vol —x
2026-09-09S2
Wk 1 · Vol —x
2026-09-08S2
Wk 1 · Vol —x
2026-09-07S2
Wk 1 · Vol —x
2026-09-04S23→2
Wk 1 · Vol —x
2026-09-03S3
Wk 8 · Vol —x
2026-09-02S3
Wk 8 · Vol —x
2026-09-01S3
Wk 8 · Vol —x
2026-08-31S3
Wk 8 · Vol —x
2026-08-28S3
Wk 7 · Vol —x
2026-08-27S3
Wk 7 · Vol —x
Sector Peers — Stage 2All →
CORDSCABLE
wk 16 · 0.0% from hi
9.8
MODISONLTD
wk 16 · -3.4% from hi
9.6
WELENT
wk 13 · -3.4% from hi
9.4
MANINDS
wk 5 · -1.2% from hi
9.4
KRN
wk 23 · -4.0% from hi
9.0
Moving averages & range
50 DMA
₹614.6
200 DMA
₹589.8
52W High
₹728.9
52W Low
₹506.5
5D Low
₹676.2
Resistance levels (recent highs)
20d High
₹728.9
60d High
₹728.9
120d High
₹728.9
250d High
₹728.9
Next resistance
Above all

All analytics based on EOD data. Data as of 2026-09-11. Past data patterns are not indicative of future results. This page is a data analytics tool only.