Maharashtra Seamless - Ready for upmove
Maharashtra Seamless Ltd (NSE: MAHSEAMLES), part of the D. P. Jindal Group, is a leading manufacturer of seamless and ERW pipes in India, also diversifying into renewable energy and rig operations. The company has shown consistent financial performance, with strong profit growth of 26.3% CAGR over the last five years and a high ROCE of 22.9%. Despite a recent dip in sales and profits, MSL's debt-free status and robust product portfolio, including exports to major markets globally, make it a promising investment. With a CMP of ₹656, I am buying with a stop loss at ₹566 and a target of ₹1425.
**Disclaimer:** This content is intended solely for informational purposes and does not constitute investment advice or a recommendation to buy or sell any securities. The views expressed are based on the my analysis and are subject to change without notice. Past performance is not indicative of future results. The author or their affiliates may hold positions in the securities discussed. Investors are advised to consult their financial advisors before making any investment decisions. Trading and investing in stocks or any other financial instruments involve risks, including the loss of principal. I am not responsible for any loss or damage resulting from the use of this information.
**Disclaimer:** This content is intended solely for informational purposes and does not constitute investment advice or a recommendation to buy or sell any securities. The views expressed are based on the my analysis and are subject to change without notice. Past performance is not indicative of future results. The author or their affiliates may hold positions in the securities discussed. Investors are advised to consult their financial advisors before making any investment decisions. Trading and investing in stocks or any other financial instruments involve risks, including the loss of principal. I am not responsible for any loss or damage resulting from the use of this information.
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