TipHub

905.65

+85.02 +10.36%

29 Jul 2026

NSE Listed · Steel

LT-ASM · ASM 1
What does LT-ASM · ASM 1 mean?
BSE · Long Term Additional Surveillance Measure (ASM 1)LT-ASM is the joint SEBI/exchange framework for SUSTAINED abnormal price moves (contrast ST-ASM's 5–15-day spikes). Entry is beta-adjusted price variation versus the Nifty (e.g. 3-month high-low above 150% plus the stock's β × index move) along with client-concentration checks. Stages I–IV escalate from a 5% price band through 100% margin to Trade-for-Trade with an additional surveillance deposit. Practical meaning: the exchange still considers the price action abnormal — tighter bands and elevated margins continue even if another measure (like ESM) has lifted. A stock can sit under LT-ASM on both exchanges via either exchange's shortlisting; it is a preventive cost-of-speculation measure, not an adverse finding against the company.Criteria: High 3-month / 12-month high-low price variation, close-to-close price variation, client concentration, number of price-band hits, market-wide position limit and P/E — applied in graded Stages I–IV with escalating margin and price-band curbs.Exchange notice · 2026-07-06
NSE · Long Term Additional Surveillance Measure (ASM 1)LT-ASM is the joint SEBI/exchange framework for SUSTAINED abnormal price moves (contrast ST-ASM's 5–15-day spikes). Entry is beta-adjusted price variation versus the Nifty (e.g. 3-month high-low above 150% plus the stock's β × index move) along with client-concentration checks. Stages I–IV escalate from a 5% price band through 100% margin to Trade-for-Trade with an additional surveillance deposit. Practical meaning: the exchange still considers the price action abnormal — tighter bands and elevated margins continue even if another measure (like ESM) has lifted. A stock can sit under LT-ASM on both exchanges via either exchange's shortlisting; it is a preventive cost-of-speculation measure, not an adverse finding against the company.Criteria: High 3-month / 12-month high-low price variation, close-to-close price variation, client concentration, number of price-band hits, market-wide position limit and P/E — applied in graded Stages I–IV with escalating margin and price-band curbs.Exchange notice · 2026-07-14

Mahamaya Steel Industries Ltd. (MAHASTEEL)

Volume: 16,906Avg Vol 1W: 7,748Avg Vol 1M: 6,91352W Range:312.21,050
Market Cap₹1,488 Cr
Current Price₹905.65
Previous Close₹820.63
High / Low (52w)₹1,050 / ₹312.2
Volume16,906
Avg Vol (1W)7,748
Avg Vol (1M)6,913
Stock P/E365.18
Book Value₹96.62
Dividend Yield0%
ROE6.05%
ROA3.55%
Revenue (TTM)
Revenue Growth2.29%
Profit Margin1.09%
Total Debt₹2 Cr
Shares Outstanding2 Cr
Face Value₹10
EPS (TTM)₹2.48
P/B9.37
Debt / Equity0.37
50 DMA₹842.36
200 DMA₹807.09
Day change+10.36%
SurveillanceLT-ASM · ASM 1
Price Chart
905.65 150.25% · 1Y
10212523.6L
2025-07-29
2026-07-29

20-day avg volume: 7K shares

Pros
  • Company is almost debt-free.
  • Revenue grew 17% YoY.
  • Net profit is growing year over year.
Cons
  • Stock trades at a high P/E of 365.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹211 Cr₹155 Cr₹200 Cr₹236 Cr₹207 Cr₹189 Cr₹224 Cr₹263 Cr
EBITDA₹2 Cr₹1 Cr₹2 Cr₹7 Cr₹3 Cr₹3 Cr₹4 Cr₹7 Cr
Net Profit₹1 Cr₹0 Cr₹1 Cr₹5 Cr₹2 Cr₹2 Cr₹2 Cr₹4 Cr
EPS
Profit & Loss (Annual)
MetricSept 2024Dec 2024Mar 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹155 Cr₹200 Cr₹803 Cr₹236 Cr₹207 Cr₹189 Cr₹224 Cr₹263 Cr
EBITDA₹1 Cr₹2 Cr₹12 Cr₹7 Cr₹3 Cr₹3 Cr₹4 Cr₹7 Cr
Net Profit₹0 Cr₹1 Cr₹8 Cr₹4 Cr₹2 Cr₹1 Cr₹2 Cr₹4 Cr
EPS4.62
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹231 Cr₹238 Cr₹211 Cr₹224 Cr₹205 Cr₹225 Cr₹233 Cr₹244 Cr
Total Liabilities₹141 Cr₹142 Cr₹112 Cr₹113 Cr₹77 Cr₹90 Cr₹92 Cr₹95 Cr
Equity₹90 Cr₹96 Cr₹98 Cr₹111 Cr₹129 Cr₹134 Cr₹141 Cr₹149 Cr
Total Debt
Cash Flow
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹4 Cr₹19 Cr₹36 Cr₹-3 Cr₹47 Cr₹3 Cr₹17 Cr₹11 Cr
Investing₹1 Cr₹-7 Cr₹-3 Cr₹1 Cr₹-5 Cr₹-11 Cr₹-6 Cr₹-11 Cr
Financing₹-4 Cr₹-11 Cr₹-31 Cr₹5 Cr₹-26 Cr₹-5 Cr₹-8 Cr₹1 Cr
Free Cash Flow₹4 Cr₹19 Cr₹36 Cr₹-3 Cr₹47 Cr₹3 Cr₹17 Cr₹11 Cr
Shareholding
Promoter 72.8% Institutions 0% Public 27.19%
Efficiency & Working Capital
ROCE7.4%
Interest Coverage3.6
Dividend Payout
Debtor Days11 d
Inventory Days37 d
Payable Days11 d
Cash Conversion Cycle37 d
Working Capital Days48 d
Shareholding Details

As of 2026-06-30

Promoter72.8%
FII0%
DII0%
Institutions0%
Public27.2%
Promoter Pledge0%
No. of Shareholders6,185
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters73.4%73.4%73.4%73.4%73.4%73.4%73.4%72.8%72.8%72.8%72.8%72.8%
FIIs0%0%0%0.1%1%0.8%0.7%0.5%0.6%1.2%0.1%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public26.6%26.5%26.6%26.5%25.6%25.8%25.9%26.6%26.6%26%27.1%27.2%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders8,8809,34410,63610,2538,1837,6037,2116,8686,9337,1676,5036,185
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Escort Finvest Private LimitedShareholding of Promoter and Promoter Group25%41,00,000
Rajesh AgrawalShareholding of Promoter and Promoter Group20.5%33,69,798
Abhishek Steel Industries Private LimitedShareholding of Promoter and Promoter Group8.2%13,49,000
Rekha AgrawalShareholding of Promoter and Promoter Group7.1%11,67,477
Rajesh Agrawal Huf (rajesh Agrawal)Shareholding of Promoter and Promoter Group6.3%10,40,447
Vijay RatheePublic Shareholding5%8,15,380
Abhishek AgrawalShareholding of Promoter and Promoter Group4.9%8,10,000
Kuldip Singh RatheePublic Shareholding4.3%7,08,839
Prashant P SawantPublic Shareholding1.3%2,12,627
Ramanand Agrawal Huf (ramanand Agrawal)Shareholding of Promoter and Promoter Group0.8%1,28,265
Ramanand AgrawalShareholding of Promoter and Promoter Group0%0
Board of Directors
NameDesignationYear
RAJESH AGRAWALED / MD / Promoter2025
Rekha AgrawalExecutive Director2025
Suresh RamanExecutive Director & CFO2025
Udayraj SinghaniaIndependent Non Exe. Director2025
Rajesh LuniaIndependent Non Exe. Director2025
Vanitha RangaiahIndependent Non Exe. Director2025
Jaswinder Kaur MissionCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
Steel Structural business₹0 Cr
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10241616
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025020296101
202500001313
202502028287
Insider / Designated-Person Trades

8 recent disclosure(s)

RAMANAND AGRAWAL HUFDisposal · 44,518
RAMANAND AGRAWAL HUFDisposal · 55,000
REKHA AGRAWALDisposal · 8,10,000
ABHISHEK AGRAWALAcquisition · 8,10,000
ESCORT FINVEST PRIVATE LIMITEDAcquisition · 16,64,000
ESCORT FINVEST PRIVATE LIMITEDAcquisition · 12,36,000
Substantial Acquisitions (SAST)

3 disclosure(s)

Market06/06/2025 · 44,518
Market04/06/2025 - 05/06/2025 · 55,000
Inter-se Transfer / Gift14/12/2023 ·
Company Information
Incorporated1988
AuditorK P R K & Associates
Investor Email[email protected]
🌐 www.mahamayagroup.in

📍 B-8-9 Sector-C Urla, Industrial Area Sarora, Raipur, Chattisgarh, 493221

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

More stocks

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search