Mahamaya Steel Faces Trading Challenges Amid Declining Investor Participation and Circuit Limit Hit
Mahamaya Steel Industries Ltd, a microcap in the Metal - Ferrous sector, faced notable trading activity as its stock reached the lower circuit limit. The session saw a high of Rs 269.95 before a decline, with reduced investor participation and a drop in delivery volume compared to recent averages.
Mahamaya Steel Industries Ltd, a microcap player in the Metal - Ferrous industry, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price was Rs 257.8, reflecting a decline of Rs 10.75 or 4.0% from the previous close. The stock's performance was marked by a low price of Rs 255.12, which contributed to its circuit limit status.During the trading session, Mahamaya Steel opened with a gain of 3.55%, reaching an intraday high of Rs 269.95 before reversing course. The total traded volume was approximately 0.04641 lakh shares, resulting in a turnover of Rs 0.1218 crore. Notably, the stock has underperformed its sector by 0.99% and has seen a consecutive decline over the past two days, with a total drop of 4.13% during this period.
Despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock has shown a decrease in investor participation, with delivery volume falling by 16.01% compared to the 5-day average. Overall, Mahamaya Steel Industries Ltd's performance today reflects a challenging market environment, underscored by its recent price movements.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
