Maharashtra Corporation Ltd Stock Hits 52-Week Low at Rs.0.35

Recent Price Movement and Market Context

On 21 Jan 2026, Maharashtra Corporation Ltd's stock price touched Rs.0.35, its lowest level in the past 52 weeks. This represents a sharp decline from its 52-week high of Rs.0.80, indicating a depreciation of over 56% within the year. The stock has been on a downward trajectory for the last three consecutive trading sessions, losing approximately 12.2% in returns during this period.

In comparison, the Trading & Distributors sector has seen a more moderate decline of 2.01%, while the broader Sensex index has fallen by 0.92% on the same day, closing at 81,420.99 points. The Sensex itself is experiencing a three-week consecutive fall, down 5.06% over that span, and is trading below its 50-day moving average, signalling a cautious market environment.

Maharashtra Corporation Ltd's stock has underperformed its sector by 3.25% on the day, and it currently trades below all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — underscoring the prevailing bearish sentiment among market participants.

Financial Performance and Valuation Metrics

The company’s financial indicators reveal a challenging environment. Over the last five years, Maharashtra Corporation Ltd has experienced a compound annual growth rate (CAGR) decline of 35.19% in operating profits, signalling sustained pressure on core earnings. The latest reported results for the quarter ended September 2025 were largely flat, with no significant improvement in profitability.

Profitability ratios further highlight the subdued performance. The average Return on Equity (ROE) stands at a modest 0.63%, indicating limited returns generated on shareholders’ funds. The most recent ROE figure is even lower at 0.2%, which, combined with a price-to-book value ratio of 0.4, suggests the stock is valued expensively relative to its earnings capacity.

Debt servicing capability remains a concern, with the company’s average EBIT to interest coverage ratio at a weak 0.19. This low ratio points to difficulties in comfortably meeting interest obligations from operating earnings, raising questions about financial stability.

Shareholding and Market Capitalisation

Maharashtra Corporation Ltd is classified as a micro-cap stock within the Trading & Distributors sector. The majority of its shares are held by non-institutional investors, which may contribute to lower liquidity and heightened price volatility. The company’s market capitalisation grade is rated 4, reflecting its relatively small size and limited market presence.

Its Mojo Score, a composite measure of fundamental and market factors, is 16.0, with a Mojo Grade of Strong Sell as of 30 May 2024. This rating was newly assigned, as the stock was previously not rated, indicating a marked deterioration in the company’s outlook based on MarketsMOJO’s evaluation framework.

Comparative Performance Over One Year

Over the past 12 months, Maharashtra Corporation Ltd’s stock has declined by 53.33%, a stark contrast to the Sensex’s positive return of 7.36% during the same period. This divergence highlights the stock’s relative underperformance amid a generally positive market backdrop. The company’s profits have also contracted by 13% over the year, reinforcing the downward pressure on its share price.

The stock’s 52-week high of Rs.0.80 was reached during a period of relatively better performance, but the subsequent decline has erased much of those gains. The current price level of Rs.0.35 represents a significant retracement, reflecting both market sentiment and fundamental concerns.

Sector and Broader Market Trends

The Trading & Distributors sector itself has experienced a decline of 2.01%, which, while negative, is less severe than the fall seen in Maharashtra Corporation Ltd’s shares. The broader market environment remains subdued, with the Sensex trading below its 50-day moving average despite the 50DMA remaining above the 200DMA, a technical indicator often interpreted as a mixed signal for market direction.

Market volatility and cautious investor sentiment have contributed to the pressure on smaller-cap stocks, particularly those with weaker financial metrics and limited growth prospects.

Summary of Key Metrics

To summarise, Maharashtra Corporation Ltd’s stock performance and financial profile as of 21 Jan 2026 are characterised by:

• New 52-week low price of Rs.0.35, down from Rs.0.80 high


• Three consecutive days of price decline, totalling a 12.2% loss


• Underperformance relative to sector (-3.25%) and Sensex (-0.92%) on the day


• Weak long-term operating profit CAGR of -35.19% over five years


• Low EBIT to interest coverage ratio of 0.19, indicating debt servicing challenges


• Average ROE of 0.63%, with recent quarter ROE at 0.2%


• Price to book value ratio of 0.4, suggesting expensive valuation relative to earnings


• Mojo Score of 16.0 and a Strong Sell grade assigned on 30 May 2024


• Majority shareholding by non-institutional investors

The combination of these factors has contributed to the stock’s current valuation and price levels, reflecting the market’s assessment of the company’s financial health and growth prospects within the Trading & Distributors sector.

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