{
  "main_header": {
    "sid": 789457,
    "name": "Mahalaxmi Seam.",
    "stock_name": "Mahalaxmi Seam.",
    "full_name": "Mahalaxmi Seamless Ltd",
    "name_url": "stocks-analysis/mahalaxmi-seam",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "8.45",
    "chg": -0.31,
    "chgp": "-3.54%",
    "dir": -1,
    "prev_price": "8.76",
    "mcapval": "4.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 513460,
    "symbol": "",
    "ind_name": "Steel/Sponge Iron/Pig Iron",
    "ind_code": 23,
    "isin": "INE257F01017",
    "curr_date": "Apr 11, 12:49 PM",
    "curr_time": "00:01 AM",
    "bse_nse_vol": "614 ",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://sandbox-www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/mahalaxmi-seam-789457-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Mahalaxmi Seamless Faces Continued Decline Amid Weak Fundamentals and Market Performance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahalaxmi-seamless-hits-52-week-low-amid-ongoing-decline-and-high-debt-concerns-1693761",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/4/MahalaxmiSeamle_priceRelatedfactors_883403.png",
        "date": "2025-04-03 09:38:24",
        "description": "Mahalaxmi Seamless, a microcap in the Steel/Sponge Iron/Pig Iron sector, has reached a new 52-week low and has seen a significant decline over the past four days. The company has not reported results in six months and faces concerns regarding its high Debt to EBITDA ratio and negative book value."
      },
      {
        "title": "Mahalaxmi Seamless Ltd Faces Buying Surge Amidst Recent Price Declines and Milestones",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahalaxmi-seamless-hits-52-week-low-of-rs-9-01-amid-12-78-weekly-decline-1693617",
        "imagepath": "",
        "date": "2025-04-03 09:35:23",
        "description": "Mahalaxmi Seamless Ltd, a microcap player in the Steel/Sponge Iron/Pig Iron industry, is currently witnessing significant buying activity despite its recent performance challenges. The stock has experienced a consecutive decline over the past four days, with a notable drop of 12.78% in that period. Today, it opened at a new 52-week low of Rs. 9.01 and has underperformed its sector by 4.73%.\n\nIn terms of broader market performance, Mahalaxmi Seamless has struggled relative to the Sensex. Over the past year, the stock has declined by 25.78%, while the Sensex has gained 3.11%. Year-to-date, Mahalaxmi Seamless is down 33.94%, compared to a modest 2.52% decline in the Sensex. Its three-year performance shows a decrease of 5.95%, contrasting sharply with the Sensex's impressive 28.50% increase.\n\nThe ongoing buying pressure may be attributed to various factors, including potential market corrections or strategic p..."
      },
      {
        "title": "Mahalaxmi Seamless Ltd Faces Significant Price Declines Amid Increased Buying Activity",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahalaxmi-seamless-hits-52-week-low-of-rs-9-2-amid-4-96-decline-today-1671824",
        "imagepath": "",
        "date": "2025-04-02 09:35:30",
        "description": "Mahalaxmi Seamless Ltd, a microcap player in the Steel/Sponge Iron/Pig Iron industry, is currently witnessing strong buying activity despite its recent performance challenges. The stock has experienced a notable decline, with a 4.96% drop today, underperforming the Sensex, which gained 0.54%. Over the past week, Mahalaxmi Seamless has seen a 6.50% decrease, while the Sensex fell by only 1.11%.\n\nIn terms of longer-term performance, the stock has faced significant headwinds, with a 31.85% decline over the past three months and a year-to-date drop of 32.55%. The stock recently hit a new 52-week low of Rs. 9.2, reflecting ongoing selling pressure. Notably, Mahalaxmi Seamless has been on a downward trend for the last three days, accumulating a total loss of 10.94% during this period.\n\nThe stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend...."
      },
      {
        "title": "Mahalaxmi Seamless Ltd Sees Increased Buying Activity Amid Price Declines and Market Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahalaxmi-seamless-ltd-declines-2-02-trading-near-52-week-low-amid-sustained-downward-trend-1659754",
        "imagepath": "",
        "date": "2025-04-01 11:40:43",
        "description": "Mahalaxmi Seamless Ltd, a microcap player in the Steel/Sponge Iron/Pig Iron industry, is currently witnessing strong buying activity despite a recent decline in its stock price. Over the past two days, the stock has experienced consecutive losses, falling by 6.29%. Today, it reported a performance drop of 2.02%, underperforming the Sensex, which declined by 1.52%. \n\nIn terms of longer-term performance, Mahalaxmi Seamless has faced challenges, with a 28.82% decrease over the past three months and a year-to-date decline of 29.03%. The stock is currently trading 4.34% above its 52-week low of Rs 9.26. Notably, it has underperformed its sector by 1.7% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.\n\nThe buying pressure may be attributed to market dynamics and investor sentiment, as the stock's performance contrasts with the broader market trends reflected by the Sense..."
      },
      {
        "title": "Mahalaxmi Seamless Faces Buying Surge Amid Ongoing Price Declines and Market Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahalaxmi-seamless-ltd-declines-4-84-amidst-ongoing-downtrend-struggles-below-key-moving-averages-1638687",
        "imagepath": "",
        "date": "2025-03-28 09:35:19",
        "description": "Mahalaxmi Seamless Ltd, operating in the Steel/Sponge Iron/Pig Iron industry, is currently witnessing significant buying activity despite its recent performance challenges. Today, the stock has experienced a decline of 4.84%, contrasting with the Sensex's minor drop of 0.20%. This marks a trend reversal after two consecutive days of gains, indicating a shift in market sentiment.\n\nOver the past week, Mahalaxmi Seamless has seen a decrease of 9.32%, while the Sensex has gained 0.71%. The stock's performance over three months shows a decline of 23.20%, compared to the Sensex's modest drop of 1.58%. Year-to-date, Mahalaxmi Seamless is down 27.93%, significantly underperforming the Sensex, which has only dipped 0.88%.\n\nThe price summary indicates that the stock opened with a gap up but has not maintained momentum, trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The current buying p..."
      },
      {
        "title": "Mahalaxmi Seamless Ltd Sees Notable Price Surge Amid Broader Market Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahalaxmi-seamless-ltd-rises-4-98-today-achieving-intraday-high-amid-recent-buying-activity-1629757",
        "imagepath": "",
        "date": "2025-03-27 15:25:12",
        "description": "Mahalaxmi Seamless Ltd, a microcap player in the Steel/Sponge Iron/Pig Iron industry, is witnessing significant buying activity today, with the stock rising by 4.98%. This performance notably outpaces the Sensex, which has only gained 0.41% during the same period. Over the last two days, Mahalaxmi Seamless has recorded consecutive gains, accumulating a total return of 4.49%.\n\nDespite this short-term uptick, the stock's longer-term performance reveals challenges. Over the past week, it has declined by 9.31%, and year-to-date, it is down 24.27%. In contrast, the Sensex has shown resilience, with a slight decline of only 0.69% year-to-date. \n\nThe price summary indicates that Mahalaxmi Seamless opened with a gap up, reflecting strong buyer sentiment. However, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting that while today's performance is robust, the st..."
      },
      {
        "title": "Mahalaxmi Seamless Ltd Sees Buying Surge After Extended Decline, Signaling Market Shift",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahalaxmi-seamless-ltd-rises-0-41-today-ending-14-day-decline-amid-ongoing-market-challenges-1602563",
        "imagepath": "",
        "date": "2025-03-26 11:20:09",
        "description": "Mahalaxmi Seamless Ltd is currently witnessing strong buying activity, marking a notable trend reversal after 14 consecutive days of decline. Today, the stock has gained 0.41%, contrasting with the Sensex, which has dipped by 0.19%. This performance indicates a potential shift in market sentiment towards the microcap steel sector.\n\nOver the past week, Mahalaxmi Seamless has faced a significant decline of 17.78%, while the Sensex has increased by 3.21%. In the longer term, the stock has seen a 25.38% drop over the past three months, compared to a slight decline of 0.76% in the Sensex. However, on a yearly basis, Mahalaxmi Seamless has managed a modest gain of 3.36%, although this lags behind the Sensex's 7.45% increase.\n\nThe stock's price summary reveals that it opened with a gap up today, signaling renewed buyer interest. Despite this uptick, Mahalaxmi Seamless is trading below its 5-day, 20-day, 50-day, 10..."
      },
      {
        "title": "Mahalaxmi Seamless Ltd Experiences Increased Buying Activity Amid Market Dynamics",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahalaxmi-seamless-ltd-experiences-buying-surge-despite-18-16-weekly-decline-gains-13-66-yearly-1580423",
        "imagepath": "",
        "date": "2025-03-25 11:30:10",
        "description": "Mahalaxmi Seamless Ltd is currently witnessing significant buying activity, with the stock showing a notable performance today. Despite a challenging week, where it has declined by 18.16%, the stock has outperformed its sector by 0.85%. The company's performance over the past three months reflects a decrease of 22.41%, contrasting with the Sensex's slight decline of 0.55%. \n\nIn terms of longer-term performance, Mahalaxmi Seamless has shown resilience over the past year, gaining 13.66%, while the Sensex has increased by 7.15%. However, year-to-date figures reveal a decline of 24.34% for the stock, compared to a marginal drop of 0.13% for the Sensex. Over three years, Mahalaxmi Seamless has increased by 8.18%, significantly lagging behind the Sensex's 36.05% growth. \n\nToday's trading session opened with a gap up, reaching an intraday high, which may have contributed to the heightened buying pressure. The stoc..."
      },
      {
        "title": "Mahalaxmi Seamless Ltd Sees Significant Buying Activity Amid Market Shift",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahalaxmi-seamless-ltd-surges-4-98-today-ending-12-day-decline-amid-strong-buying-activity-2-1574110",
        "imagepath": "",
        "date": "2025-03-24 10:35:22",
        "description": "Mahalaxmi Seamless Ltd, a microcap player in the Steel/Sponge Iron/Pig Iron industry, is witnessing significant buying activity today, with a notable gain of 4.98%. This performance stands in stark contrast to the Sensex, which has only increased by 0.93%. The stock's recent trend reversal comes after 12 consecutive days of decline, indicating a potential shift in market sentiment.\n\nDespite today's gains, Mahalaxmi Seamless has faced challenges over the past week, with a decline of 14.24%, while the Sensex rose by 4.65%. Over the last three months, the stock has decreased by 14.44%, compared to a slight drop of 1.09% in the Sensex. However, on a yearly basis, Mahalaxmi Seamless has outperformed the Sensex with a 25.33% increase versus the index's 6.57%.\n\nToday's trading opened with a gap up, and the stock reached an intraday high, reflecting the strong buying pressure. Currently, Mahalaxmi Seamless is tradi..."
      }
    ],
    "total": 34,
    "sid": "789457",
    "stock_news_url": "https://sandbox-www.marketsmojo.com/news/mahalaxmi-seamless-789457"
  },
  "announcements": [
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "09-Apr-2025",
      "details": "Please find herewith the certificate under regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations 2018 for the year ended as on March 31st 2025",
      "source": "BSE"
    },
    {
      "caption": "Non-Applicability Of Annual Secretarial Compliance Report Under Regulation 24A Of SEBI (Listing Obligations And Disclosure Requirements) (Amendment) Regulations 2018",
      "datetime": "09-Apr-2025",
      "details": "Please find attached herewith the Non-Applicability of Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations 2018 read with BSE circular dated 9th May 2019.",
      "source": "BSE"
    },
    {
      "caption": "Closure of Trading Window",
      "datetime": "26-Mar-2025",
      "details": "The trading window for dealing in the securities of the company shall remain closed for all designated persons and their immediate relatives from Tuesday 1st April 2025 until 48 hours after the announcement of audited financial results for the quarter and year ended 31st March 2025.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Mahalaxmi Seamless Ltd has declared <strong>5%</strong> dividend, ex-date: 27 Nov 07",
          "dt": "2007-11-27",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Mahalaxmi Seamless Faces Continued Decline Amid Weak Fundamentals and Market Performance

2025-04-03 09:38:24

Mahalaxmi Seamless, a microcap in the Steel/Sponge Iron/Pig Iron sector, has reached a new 52-week low and has seen a significant decline over the past four days. The company has not reported results in six months and faces concerns regarding its high Debt to EBITDA ratio and negative book value.

Read More

Mahalaxmi Seamless Ltd Faces Buying Surge Amidst Recent Price Declines and Milestones

2025-04-03 09:35:23

Mahalaxmi Seamless Ltd, a microcap player in the Steel/Sponge Iron/Pig Iron industry, is currently witnessing significant buying activity despite its recent performance challenges. The stock has experienced a consecutive decline over the past four days, with a notable drop of 12.78% in that period. Today, it opened at a new 52-week low of Rs. 9.01 and has underperformed its sector by 4.73%. In terms of broader market performance, Mahalaxmi Seamless has struggled relative to the Sensex. Over the past year, the stock has declined by 25.78%, while the Sensex has gained 3.11%. Year-to-date, Mahalaxmi Seamless is down 33.94%, compared to a modest 2.52% decline in the Sensex. Its three-year performance shows a decrease of 5.95%, contrasting sharply with the Sensex's impressive 28.50% increase. The ongoing buying pressure may be attributed to various factors, including potential market corrections or strategic p...

Read More

Mahalaxmi Seamless Ltd Faces Significant Price Declines Amid Increased Buying Activity

2025-04-02 09:35:30

Mahalaxmi Seamless Ltd, a microcap player in the Steel/Sponge Iron/Pig Iron industry, is currently witnessing strong buying activity despite its recent performance challenges. The stock has experienced a notable decline, with a 4.96% drop today, underperforming the Sensex, which gained 0.54%. Over the past week, Mahalaxmi Seamless has seen a 6.50% decrease, while the Sensex fell by only 1.11%. In terms of longer-term performance, the stock has faced significant headwinds, with a 31.85% decline over the past three months and a year-to-date drop of 32.55%. The stock recently hit a new 52-week low of Rs. 9.2, reflecting ongoing selling pressure. Notably, Mahalaxmi Seamless has been on a downward trend for the last three days, accumulating a total loss of 10.94% during this period. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend....

Read More

Mahalaxmi Seamless Ltd Sees Increased Buying Activity Amid Price Declines and Market Challenges

2025-04-01 11:40:43

Mahalaxmi Seamless Ltd, a microcap player in the Steel/Sponge Iron/Pig Iron industry, is currently witnessing strong buying activity despite a recent decline in its stock price. Over the past two days, the stock has experienced consecutive losses, falling by 6.29%. Today, it reported a performance drop of 2.02%, underperforming the Sensex, which declined by 1.52%. In terms of longer-term performance, Mahalaxmi Seamless has faced challenges, with a 28.82% decrease over the past three months and a year-to-date decline of 29.03%. The stock is currently trading 4.34% above its 52-week low of Rs 9.26. Notably, it has underperformed its sector by 1.7% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The buying pressure may be attributed to market dynamics and investor sentiment, as the stock's performance contrasts with the broader market trends reflected by the Sense...

Read More

Mahalaxmi Seamless Faces Buying Surge Amid Ongoing Price Declines and Market Challenges

2025-03-28 09:35:19

Mahalaxmi Seamless Ltd, operating in the Steel/Sponge Iron/Pig Iron industry, is currently witnessing significant buying activity despite its recent performance challenges. Today, the stock has experienced a decline of 4.84%, contrasting with the Sensex's minor drop of 0.20%. This marks a trend reversal after two consecutive days of gains, indicating a shift in market sentiment. Over the past week, Mahalaxmi Seamless has seen a decrease of 9.32%, while the Sensex has gained 0.71%. The stock's performance over three months shows a decline of 23.20%, compared to the Sensex's modest drop of 1.58%. Year-to-date, Mahalaxmi Seamless is down 27.93%, significantly underperforming the Sensex, which has only dipped 0.88%. The price summary indicates that the stock opened with a gap up but has not maintained momentum, trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The current buying p...

Read More

Mahalaxmi Seamless Ltd Sees Notable Price Surge Amid Broader Market Challenges

2025-03-27 15:25:12

Mahalaxmi Seamless Ltd, a microcap player in the Steel/Sponge Iron/Pig Iron industry, is witnessing significant buying activity today, with the stock rising by 4.98%. This performance notably outpaces the Sensex, which has only gained 0.41% during the same period. Over the last two days, Mahalaxmi Seamless has recorded consecutive gains, accumulating a total return of 4.49%. Despite this short-term uptick, the stock's longer-term performance reveals challenges. Over the past week, it has declined by 9.31%, and year-to-date, it is down 24.27%. In contrast, the Sensex has shown resilience, with a slight decline of only 0.69% year-to-date. The price summary indicates that Mahalaxmi Seamless opened with a gap up, reflecting strong buyer sentiment. However, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting that while today's performance is robust, the st...

Read More

Mahalaxmi Seamless Ltd Sees Buying Surge After Extended Decline, Signaling Market Shift

2025-03-26 11:20:09

Mahalaxmi Seamless Ltd is currently witnessing strong buying activity, marking a notable trend reversal after 14 consecutive days of decline. Today, the stock has gained 0.41%, contrasting with the Sensex, which has dipped by 0.19%. This performance indicates a potential shift in market sentiment towards the microcap steel sector. Over the past week, Mahalaxmi Seamless has faced a significant decline of 17.78%, while the Sensex has increased by 3.21%. In the longer term, the stock has seen a 25.38% drop over the past three months, compared to a slight decline of 0.76% in the Sensex. However, on a yearly basis, Mahalaxmi Seamless has managed a modest gain of 3.36%, although this lags behind the Sensex's 7.45% increase. The stock's price summary reveals that it opened with a gap up today, signaling renewed buyer interest. Despite this uptick, Mahalaxmi Seamless is trading below its 5-day, 20-day, 50-day, 10...

Read More

Mahalaxmi Seamless Ltd Experiences Increased Buying Activity Amid Market Dynamics

2025-03-25 11:30:10

Mahalaxmi Seamless Ltd is currently witnessing significant buying activity, with the stock showing a notable performance today. Despite a challenging week, where it has declined by 18.16%, the stock has outperformed its sector by 0.85%. The company's performance over the past three months reflects a decrease of 22.41%, contrasting with the Sensex's slight decline of 0.55%. In terms of longer-term performance, Mahalaxmi Seamless has shown resilience over the past year, gaining 13.66%, while the Sensex has increased by 7.15%. However, year-to-date figures reveal a decline of 24.34% for the stock, compared to a marginal drop of 0.13% for the Sensex. Over three years, Mahalaxmi Seamless has increased by 8.18%, significantly lagging behind the Sensex's 36.05% growth. Today's trading session opened with a gap up, reaching an intraday high, which may have contributed to the heightened buying pressure. The stoc...

Read More

Mahalaxmi Seamless Ltd Sees Significant Buying Activity Amid Market Shift

2025-03-24 10:35:22

Mahalaxmi Seamless Ltd, a microcap player in the Steel/Sponge Iron/Pig Iron industry, is witnessing significant buying activity today, with a notable gain of 4.98%. This performance stands in stark contrast to the Sensex, which has only increased by 0.93%. The stock's recent trend reversal comes after 12 consecutive days of decline, indicating a potential shift in market sentiment. Despite today's gains, Mahalaxmi Seamless has faced challenges over the past week, with a decline of 14.24%, while the Sensex rose by 4.65%. Over the last three months, the stock has decreased by 14.44%, compared to a slight drop of 1.09% in the Sensex. However, on a yearly basis, Mahalaxmi Seamless has outperformed the Sensex with a 25.33% increase versus the index's 6.57%. Today's trading opened with a gap up, and the stock reached an intraday high, reflecting the strong buying pressure. Currently, Mahalaxmi Seamless is tradi...

Read More

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