Search This Blog

Tuesday, December 27, 2016

Mahamaya Steel Share Price rallies 5% Intraday


Mahamaya SteelIn the morning trade today, Mahamaya Steel share price rallied almost 5 per cent on the National Stock Exchange (NSE). Mahamaya Steel belongs to the Metals and Mining sector. It has a market cap of Rs 185.03 cr as on 27th December 2016. For the quarter ended 30-09-2016 (Q2), the company has posted standalone sales of Rs 68.38 Cr, up 1.42 from last quarter Sales of Rs 67.42 Cr and down -20.40 from last year same quarter Sales of Rs 85.90 Cr. The company has reported net profit after tax (PAT) of Rs 0.38 Cr in the latest quarter.
Mahamaya Steel Industry a major industry in the group is a 15 years company, manufacturing steel structures in the shape of Angles, Beams, Channels, Joist, Flats, Rounds, Railway sleepers etc. Mahamaya Steel has many prestigious customers ranging from BHEL, BHPV, MAHAGENCO, MSPDCL, CSPDCL, TNEB, RELIANCE, GETCO, MPPDCL, ONGC, RAILWAYS, JINDAL etc. It is also conversion agent of SAIL, JINDAL.
Today, Mahamaya Steel share price opened at Rs 136.40, up by its previous close of Rs 133.40. The figure of Rs 140.05 has been its intraday high so far. At 11:26 am, the total quantity traded of the stock was seen at approximately over 10,000 as against its twenty day average of over 17,000 shares.
Mahamaya Steel is the top 500 recommendation by Dynamic Levels for the quarter. For more details on the stock, visit Mahamaya Steel share price history page of Dynamic Levels website. 

No comments:

Post a Comment