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Maharashtra Seamless Limited is currently in a long term uptrend where the price is trading 8.7% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.9.
Maharashtra Seamless Limited's total revenue rose by 1.6% to $6B since the same quarter in the previous year.
Its net income has increased by 27.8% to $836M since the same quarter in the previous year.
Finally, its free cash flow grew by 105.1% to $3B since the same quarter in the previous year.
Based on the above factors, Maharashtra Seamless Limited gets an overall score of 5/5.
| ISIN | INE271B01025 |
|---|---|
| Industry | Steel |
| Sector | Basic Materials |
| CurrencyCode | INR |
| Exchange | NSE |
| Beta | 0.6 |
|---|---|
| Target Price | None |
| PE Ratio | 8.66 |
| Dividend Yield | 0.6% |
| Market Cap | 52B |
Maharashtra Seamless Limited manufactures and sells seamless steel pipes and tubes in India. It operates through three segments: Steel Pipes & Tubes, Power " Electricity, and RIG. The company offers mild steel and galvanized pipes; API line pipes; oil country tubular goods (OCTG) pipes, such as casing tubing, drill pipes, coupling stocks, etc.; and hot finished pipes and tubes, and cold drawn and boiler tubes. It also provides coated pipes, including 3 layer polyethylene coated pipes, fusion bonded epoxy coated pipes, 3 layer polypropylene coated pipes, and internal epoxy coating pipes, as well as connections and pipe fittings. In addition, the company is involved in renewable power generation and rig operations. Further, the company operates 33 MW solar power plant in Rajasthan and 7 MW wind power project in Maharashtra. The company's products are used in the oil and gas, hydrocarbon process, bearing industry, automotive, boiler, heat exchanger, plumbing and firefighting, structural, general engineering, railways, sewage and water well, and hydraulic cylinder sectors. Maharashtra Seamless Limited was incorporated in 1988 and is headquartered in New Delhi, India.
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