
Mahamaya Steel Industries Ltd. (MAHASTEEL) Share Price Within 2% of 52-Week High
Updated: 17 Aug 2026 • 11:41 am
Posted by:

Mahamaya Steel Industries Ltd. Share Price is Rs 1,084.9, placing the stock within 2% of its 52-week high. The stock’s market capitalisation stands at Rs 1,733.42 crore.
Mahamaya Steel Industries Ltd. Share Price was Rs 1,084.9 at the Univest qualification time on 17 August 2026 at 11:30:48 AM IST, placing the stock within 2% of its 52-week high. The company’s market capitalisation stood at Rs 1,733.42 crore at that point, which makes this a notable move for investors tracking mid-sized names in the Iron & Steel space. The supplied data confirms the price event, while the stock’s proximity to its one-year peak naturally raises attention around momentum, valuation and sector positioning.
For investors searching Mahamaya Steel Industries Ltd. Share Price Today or Mahamaya Steel Industries Ltd. Stock News, the key fact is straightforward: Univest has identified MAHASTEEL as trading close to its yearly high. That matters because stocks near 52-week highs often come under sharper scrutiny for whether price strength is being matched by financial quality, profitability and relative valuation. In this case, the numbers show a strong price position, an RSI of 63.91, and a valuation profile that sits well above several industry benchmarks. This Univest analysis therefore focuses on what the verified figures say, rather than assigning a cause that the supplied data does not establish.
Mahamaya Steel Industries Ltd. Share Price Today: Within 2% of 52-Week High
| Metric | Value |
|---|---|
| LTP at 2% Qualification | Rs 1,084.9 |
| Market Capitalisation | Rs 1,733.42 crore |
| 52-Week High Position | Trading within 2% of its 52-week high |
Mahamaya Steel Industries Ltd. (MAHASTEEL) traded at Rs 1,084.9. Reported volume was 429.
Mahamaya Steel Industries Ltd. Share Price Today stood at Rs 1,084.9 when the Univest screener flagged the stock under its near-52-week-high scan. The verified event identifies MAHASTEEL as trading within 2% of its 52-week high, which places the counter in a zone that often attracts renewed market attention. Even without inferring an exact gap to the one-year peak, this price position is important because it shows the stock is trading in close proximity to an area that many participants monitor for momentum persistence and valuation discipline.
The available event-time data does not establish a company-specific trigger, but it does confirm that the move is significant enough for the stock to qualify on Univest’s screener. For traders and investors tracking Mahamaya Steel Industries Ltd. Share Price, such proximity to a yearly high can lead to increased focus on whether fundamentals are supporting the market’s willingness to price the business at elevated multiples. In Mahamaya Steel Industries Ltd. Share Price Today, that question becomes particularly relevant because the company’s market capitalisation is Rs 1,733.42 crore, while its earnings and return ratios remain modest compared with industry benchmarks discussed later in this article.
So, the immediate takeaway from Mahamaya Steel Industries Ltd. Share Price Today is not just that the stock is near its 52-week high, but that the market is currently valuing the company at a level that deserves closer examination through technical tone, profitability metrics and peer comparison. That is where the next sections add useful context for readers following Univest market insights.
Mahamaya Steel Industries Ltd. (MAHASTEEL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,733.42 crore |
| P/E Ratio | 173.52x |
| P/B Ratio | 10.77x |
| ROE | 0.52% |
| ROCE | 4.18% |
| EPS | Rs 6.08 |
| Book Value Per Share | Rs 97.89 |
| Dividend Yield | 0% |
Mahamaya Steel Industries Ltd. was valued at a P/E ratio of 173.52x, a P/B ratio of 10.77x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.
Profitability and capital efficiency were represented by ROE of 0.52% and ROCE of 4.18%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.
Per-share and shareholder-return metrics included EPS of Rs 6.08, book value per share of Rs 97.89, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 173.52x |
| Benchmark Median P/E | 15.58x |
| Benchmark Average P/E | 24.69x |
| Benchmark P/E Range | 0x to 244.8x |
| Company P/B Ratio | 10.77x |
| Benchmark Median P/B | 1.26x |
| Company ROE | 0.52% |
| Benchmark Median ROE | 3.92% |
| Company ROCE | 4.18% |
| Benchmark Median ROCE | 9.12% |
| Company Market Capitalisation | Rs 1,733.42 crore |
| Benchmark Median Market Cap | Rs 142.51 crore |
Mahamaya Steel Industries Ltd. (MAHASTEEL) is classified under sector: Iron & Steel and industry: Steel & Iron Products.
Mahamaya Steel Industries Ltd. (MAHASTEEL) has a P/E ratio of 173.52x, which is above the benchmark median of 15.58x, a difference of +1,013.74%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Mahamaya Steel Industries Ltd. (MAHASTEEL) has a ROE of 0.52%, which is below the benchmark median of 3.92%, a difference of -86.73%. Mahamaya Steel Industries Ltd. (MAHASTEEL) has a ROCE of 4.18%, which is below the benchmark median of 9.12%, a difference of -54.17%.
Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Rhetan TMT Ltd. | RHETAN | 1,679.81 | 132.31 | 15.03 | 3.76 | 4.11 |
| Ratnaveer Precision Engineering Ltd. | RATNAVEER | 1,642.81 | 24.3 | 2.21 | 10.19 | 10.88 |
| Hi-Tech Pipes Ltd. | HITECH | 1,588.3 | 21.1 | 1.17 | 12.18 | 12.56 |
| MSP Steel & Power Ltd. | MSPL | 1,897.64 | 50.05 | 1.8 | 0.87 | 6.24 |
| Frontier Springs Ltd. | FRONTSP | 1,573.53 | 26.86 | 8.05 | 14.07 | 18.29 |
Mahamaya Steel Industries Ltd. (MAHASTEEL) has a P/E ratio of 173.52x compared with the displayed peer median of 26.86x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 0.52% compares with a peer median of 10.19% across the companies shown in the table. ROCE stood at 4.18% versus the displayed peer median of 10.88%, providing a capital-efficiency comparison. Mahamaya Steel Industries Ltd. (MAHASTEEL) has a market capitalisation of Rs 1,733.42 crore. Among the 5 peers shown, 1 have a larger market capitalisation.
Why Investors Are Watching Mahamaya Steel Industries Ltd.
- Mahamaya Steel Industries Ltd. Share Price is Rs 1,084.9 and the stock is trading within 2% of its 52-week high.
- The company’s market capitalisation of Rs 1,733.42 crore places it among the larger names in its same-industry benchmark set.
- RSI at 63.91 indicates strong momentum territory, though not an extreme reading.
- P/E of 173.52 and P/B of 10.77 show that the stock is trading at a steep premium to industry medians.
- ROE of 0.52 and ROCE of 4.18 indicate modest profitability relative to that premium valuation.
- Peer data shows MAHASTEEL trades at higher earnings multiples than several similarly sized steel and iron product companies.
About Mahamaya Steel Industries Ltd.
Mahamaya Steel Industries Ltd. is classified within the Iron & Steel sector and the Steel & Iron Products industry. That classification places the company in a manufacturing-linked segment where investors often compare businesses through valuation multiples, capital efficiency and market-cap scale rather than through headline price action alone.
For readers tracking Mahamaya Steel Industries Ltd. Share Price, the company’s industry placement is useful because it sets the frame for peer comparison. The supplied benchmark universe includes 104 same-industry companies and 118 companies in the wider sector, which means the stock is being evaluated in a deep listed ecosystem rather than in isolation. This is relevant for interpreting why Mahamaya Steel Industries Ltd. Share Price may attract attention on a near-52-week-high screen even when profitability ratios remain moderate.
In practical terms, Mahamaya Steel Industries Ltd. sits in a competitive listed space that includes companies with very different combinations of scale, return metrics and valuation. That makes relative analysis especially important for anyone using Univest to monitor the stock’s current market position.
Track Mahamaya Steel Industries Ltd. Share Price on Univest
Use Mahamaya Steel Industries Ltd. (MAHASTEEL) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.
Investors following Mahamaya Steel Industries Ltd. Share Price can use Univest to track live price moves, 52-week levels, technical indicators, valuation ratios, profitability metrics, peer comparisons and sector benchmarks in one place. Univest also helps users monitor market capitalisation trends and comparative data points that matter when a stock is trading close to its yearly high.
For readers looking up Mahamaya Steel Industries Ltd. Share Price Today, Univest provides a structured way to view price action alongside fundamentals, industry context and shareholding information whenever available. That combination is particularly useful when a stock like MAHASTEEL appears on a near-52-week-high screen and investors want more than a simple price update.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is Mahamaya Steel Industries Ltd. Share Price today?
Ans. Mahamaya Steel Industries Ltd. Share Price was Rs 1,084.9 at the Univest event qualification time on 17 August 2026 at 11:30:48 AM IST. The stock was simultaneously identified as trading within 2% of its 52-week high.
Why is Mahamaya Steel Industries Ltd. Share Price in focus today?
Ans. Mahamaya Steel Industries Ltd. Share Price is in focus because Univest flagged the stock as trading within 2% of its 52-week high. With a market capitalisation of Rs 1,733.42 crore, that proximity naturally draws broader investor attention.
How expensive is Mahamaya Steel Industries Ltd. compared with its industry?
Ans. Mahamaya Steel Industries Ltd. trades at 173.52 times earnings versus a same-industry median P/E of 15.58 and average of 24.69 across 104 companies. That places the stock at a substantial premium within its immediate benchmark universe.
How does Mahamaya Steel Industries Ltd. compare on price-to-book?
Ans. The company’s P/B ratio is 10.77, compared with a same-industry median of 1.26 and average of 1.56. Within the benchmark range of -14.65 to 21.42, Mahamaya Steel Industries Ltd. sits materially above the industry midpoint.
What do ROE and ROCE indicate for Mahamaya Steel Industries Ltd.?
Ans. Mahamaya Steel Industries Ltd. reports ROE of 0.52 and ROCE of 4.18. Both are below the same-industry medians of 3.92 and 9.12 respectively, indicating modest capital efficiency relative to its current market valuation.
What are the key per-share fundamentals for Mahamaya Steel Industries Ltd.?
Ans. EPS is Rs 6.08, book value per share is Rs 97.89 and dividend yield is 0. These figures show limited earnings and no current yield support relative to Mahamaya Steel Industries Ltd. Share Price of Rs 1,084.9.
How large is Mahamaya Steel Industries Ltd. within its industry?
Ans. With a market capitalisation of Rs 1,733.42 crore, Mahamaya Steel Industries Ltd. is larger than the same-industry median of Rs 142.51 crore and average of Rs 412.68 crore, placing it toward the upper end of the benchmark set.
How does Mahamaya Steel Industries Ltd. compare with key peers?
Ans. Mahamaya Steel Industries Ltd. has a higher P/E of 173.52 than Rhetan TMT at 132.31, Ratnaveer at 24.3, Hi-Tech Pipes at 21.1, MSP Steel & Power at 50.05 and Frontier Springs at 26.86.
Where can investors track Mahamaya Steel Industries Ltd. Share Price?
Ans. Investors can track Mahamaya Steel Industries Ltd. Share Price on Univest for live price updates, 52-week levels, valuation ratios, technical indicators, sector benchmarks and peer comparisons. That helps place today’s near-52-week-high status in context.
Recent Articles

Thermax Ltd. (THERMAX) Share Price Rises 4% Today, Clears Large Cap Threshold
17 August 2026

Cholamandalam Financial Holdings Ltd. (CHOLAHLDNG): Cholamandalam Financial Holdings Share Price Falls 3.04% Today
17 August 2026

Finolex Cables Ltd. (FINCABLES): Finolex Cables Share Price Rises 5.68% as Mid Cap Stock Enters Top Gainers
17 August 2026

Indian Bank (INDIANB) Share Price Falls 3.07% Today; Stock News, Sector and Peer View
17 August 2026
Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.
Reviews
Recent Posts
Thermax Ltd. (THERMAX) Share Price Rises 4% Today, Clears Large Cap Threshold
Cholamandalam Financial Holdings Ltd. (CHOLAHLDNG): Cholamandalam Financial Holdings Share Price Falls 3.04% Today
Finolex Cables Ltd. (FINCABLES): Finolex Cables Share Price Rises 5.68% as Mid Cap Stock Enters Top Gainers
Indian Bank (INDIANB) Share Price Falls 3.07% Today; Stock News, Sector and Peer View
SMR Jewels Ltd. (SMR) Share Price Rises 8.97% as Micro Cap Stock Gains Today
Popular this week
Gujarat Gas Ltd. (GUJENERGY) Share Price Falls 3.43% as Large-Cap Stock Clears Decline Threshold

Uniresearch Global Pvt Ltd
Research Analyst
SEBI Registration Number — INH000013776
Uniresearch is a subsidiary of Univest Communication Technologies Private Limited
Company Address: Registered Address: Ground Floor, Unitech Commercial Tower 2, Block B, Greenwood City, Unit 1-3, Sector 45, Gurugram, Haryana 122003
Write to us : support@univest.in, compliance@univest.in
Verify on SEBI registry →RESEARCH ANALYST
Get SEBI Registered
advice on the stocks
trending today.
Get 3 FREE Trade Ideas
for Startups Accelerator 2024
Trusted by 1Cr Indians
Awarded No.1 by Economic Times





