NSI Equity Snapshot

MAHASTEEL Weekly Equity Report

Mahamaya Steel Industries Limited

Latest Close 858.8 INR 12 Jun 2026
1W Return -5.8% latest completed week
4W Return 4.0% short-term follow-through
12W Return -9.5% quarterly tape
Trend Breadth 100.0% 52 of 52 weeks active
Volume Ratio 0.4x vs 13-week average
Company Brief

What the company does

Mahamaya Steel Industries Limited engages in the manufacture and sale of steel structures products in India. The company provides I-beams, angles, H-beams, joists, channels, billets, blooms, rounds, squares, flats, railway sleepers, strips, girders, sponge iron, pig iron, end cutting, angle, scrap, coal, and other related products for construction, automobile, railway, and power industries. The company was formerly known as Rajesh Strips Limited and changed its name to Mahamaya Steel Industries Limited in 2009. Mahamaya Steel Industries Limited was incorporated in 1988 and is based in Raipur, India.

Snapshot

What the weekly tape is saying

MAHASTEEL closed the latest completed week at 858.8 INR. The 4-week return is 4.0% and the 12-week return is -9.5%. Trend Signal is active, Market Dynamics is -0.49. Setup signature: Balanced read with a 58/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 1.3%
Volume 0.4x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 100 Persistence of active Trend Signal over the last year and current streak.
Momentum 51 Blend of 4-week and 12-week follow-through.
Dynamics 42 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 100 Relative leadership and short-term RS change.
Volume 15 Participation compared with the 13-week volume baseline.
Risk Control 41 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
847.8 INR
Vs Trend Line
1.3%
Fair Value
324.1 INR
Vs Fair Value
165.0%
52W High
1,050 INR
52W Low
303.7 INR
Drawdown
-18.2%
Range Position
74.4%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -5.8%
4W 4.0%
12W -9.5%
26W 4.4%
52W 177.1%

Trend read

Active Streak
95 weeks
52W Active Weeks
52
52W Active Breadth
100.0%
Sector Scope
IN Basic Materials
Sector Rank
350 of 370
Sector Percentile
5.4%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
-0.49
4W MD Change
11.6%
Relative Strength
33.47
4W RS Change
-12.2%
Expectation
Positive
Probability
58.78%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
6.8K
13W Average
18.9K
52W Average
91.1K
Vs 13W
0.4x
Vs 52W
0.1x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
4.8%
52W Volatility
7.3%
Upside Weeks
33
Downside Weeks
19
Downside Breadth
36.5%
Avg Gain / Loss
6.3% / -4.9%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
NSI
Country
IN
Sector
Basic Materials
Industry
Steel
Currency
INR
Market Cap
15.6B

Opportunity signals

  • Trend Signal is active with a 95-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • Market Dynamics is negative, which weakens the current setup.
  • The latest week was a sharp negative move.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 858.8 INR -5.8% 847.8 INR 324.1 INR -0.49 33.47 6.8K On
5 Jun 2026 912.0 INR -3.6% 845.6 INR 319.1 INR -0.39 45.75 10.1K On
29 May 2026 946.3 INR 12.2% 837.3 INR 313.7 INR -0.45 53.04 26.3K On
22 May 2026 843.4 INR 2.1% 826.3 INR 308.0 INR -0.59 38.18 17.7K On
15 May 2026 825.7 INR 0.4% 817.1 INR 303.1 INR -0.56 38.14 17.9K On
8 May 2026 822.5 INR -3.1% 808.3 INR 298.2 INR -0.48 37.13 14.1K On
1 May 2026 848.7 INR 0.2% 798.3 INR 293.3 INR -0.38 45.13 19.9K On
24 Apr 2026 847.0 INR -6.2% 785.3 INR 288.3 INR -0.32 48.34 22.4K On
17 Apr 2026 903.2 INR -4.6% 770.8 INR 283.3 INR -0.22 58.41 17.2K On
10 Apr 2026 946.8 INR 0.7% 753.6 INR 277.9 INR -0.21 71.91 14.8K On
3 Apr 2026 940.0 INR -3.5% 735.0 INR 272.2 INR -0.06 85.17 6.8K On
27 Mar 2026 973.8 INR 2.7% 716.8 INR 266.6 INR -0.10 96.08 40.0K On
20 Mar 2026 948.7 INR -4.9% 695.4 INR 260.7 INR -0.30 93.96 31.2K On
13 Mar 2026 997.7 INR 20.1% 675.3 INR 254.9 INR -0.48 109.48 127.9K On