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Monday, November 28, 2016

Mahamaya Steel Share Price Surged By 5% Intraday Monday


Mahamaya SteelMahamaya Steel share price surged by 5 per cent intraday on Monday, and traded at the intraday high of Rs 155.30 which was also its opening price, the intraday low and the closing price for today. Yesterday, the stock had closed at Rs. 147.95. Today’s trading session saw around 534 shares being traded in the counter of NSE with a total traded value of Rs 83 thousand. The average traded volume calculated for 20 day is approximately 43 thousand.
The lower price band of the share is Rs 140.60 and the upper price band is Rs 155.30. The 52 week high of Mahamaya Steel share price is seen at Rs 504.20 on 8th September 2016 which is also its lifetime high and the 52 week low is Rs 126.05 made on 23rd November 2016 which is also its lifetime low. The Average Daily Movement of the stock is 14.93. The market cap of the company amounts to Rs. 205.21 crores and has a book value of Rs. 58.82. The stock had breached the upper circuit on 24th and 25th November as well.
Mahamaya Steel is identified by Dynamic Levels as the top 500 performing stocks for the June quarter among the 1700 stocks which are listed on the NSE.  Mahamaya Steel is fundamentally strong and is safe for investment, as per Dynamic analysts.  The revenue earned by the Company for the quarter ended 30th September 2016 was Rs 68.48 crore against the revenue of Rs 67.42 crore for the quarter ended 30th June 2016, showing a marginal Q-o-Q rise. The net profit of the Company for Q2FY17 was registered as Rs 0.38 crore.
In order to acquire more details on the Mahamaya Steel and also the fundamentals and financials of the stock, kindly refer to Mahamaya Steel share price history page of Dynamic Levels website.
 

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