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A successful breach above this level (19,725) on the Nifty50 could trigger a short-covering rally, potentially leading to an upswing in the 19,800–19,850 range.

Hot Stocks | Maharashtra Seamless, CE Info Systems, Apar Industries can give 12-15% return in short term, here's why

Mah Seamless Standalone June 2023 Net Sales at Rs 1,222.60 crore, up 15.6% Y-o-Y

The 20-day moving average (20-DMA), which aligns with the 19,500 level, is crucial for Nifty as it serves as a critical support level.

Hot Stocks | Bikaji Foods, Maharashtra Seamless, Hindustan Oil Exploration may deliver in double digits

Mah Seamless Standalone March 2023 Net Sales at Rs 1,623.13 crore, up 36.18% Y-o-Y

Maharashtra Seamless bagged an order worth approximately Rs 262 crore from ONGC to supply seamless tubing pipes and accessories.

Maharashtra Seamless surges 4% on Rs 262 crore-order win

Mah Seamless Standalone December 2022 Net Sales at Rs 1,114.63 crore, up 17.73% Y-o-Y

Mah Seamless Consolidated December 2022 Net Sales at Rs 1,338.55 crore, up 17.48% Y-o-Y

According to analysts, the surge in bonus issues this year was due to a change in the tax rules aimed at stopping the practice of bonus stripping, which kicks in on April 1.

More than 140 companies issue bonus shares in 2022, highest since 2006

Mah Seamless Consolidated September 2022 Net Sales at Rs 1,414.21 crore, up 48.64% Y-o-Y

Mah Seamless Standalone September 2022 Net Sales at Rs 1,148.08 crore, up 41.5% Y-o-Y

Maharashtra Seamless Ltd. manufactures pipes and tubes. It operates through the following segments: Steel Pipes and Tubes, Power-Electricity and Others. It offers ERW pipes, seamless and coated pipes, connection and pipe fittings. The company was founded on May 10, 1988 and is headquartered in Gurugram, India.

Watchers	43
52-Wk Low	279.50
52-Wk High	778.50

Market Cap	82.99B
Volume (M)	316,269.00
52-Wk High	778.50
52-Wk Low	279.50

MAHSEAMLES.NSE Maharashtra Seamless Ltd.

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