Mahan Industries

What is the technical trend for Mahan Industries?

As of May 27, 2025, Mahan Industries shows a mildly bullish trend with positive momentum from the MACD and moving averages, despite bearish RSI readings indicating potential weakness.

As of 27 May 2025, the technical trend for Mahan Industries has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the monthly MACD is also bullish, indicating positive momentum. However, the RSI on both weekly and monthly time frames is bearish, suggesting potential weakness. The Bollinger Bands show a mildly bullish stance on the weekly chart and bullish on the monthly chart. Daily moving averages are bullish, supporting the upward price movement. Dow Theory indicates no trend on the weekly but is mildly bullish on the monthly. The On-Balance Volume (OBV) is bullish on the monthly but shows no trend on the weekly. Overall, the indicators present a mildly bullish stance, with strength primarily from the moving averages and MACD, despite the bearish RSI readings.

Is Mahan Industries overvalued or undervalued?

As of July 1, 2025, Mahan Industries is considered undervalued with a PE ratio of 3.39 and strong stock performance of 249.07% over the past year, despite operational challenges indicated by a negative ROCE of -2.62%.

As of 1 July 2025, Mahan Industries has moved from an expensive to a risky valuation grade. The company is currently considered undervalued, with a PE ratio of 3.39, a Price to Book Value of 1.11, and an EV to EBITDA ratio of 6.84. Notably, Mahan's ROE stands at 2.30%, while its ROCE is negative at -2.62%, indicating operational challenges.<BR><BR>When compared to peers, Mahan Industries' valuation metrics are significantly lower. For instance, Life Insurance has a PE ratio of 12.71 and an EV to EBITDA of 10.03, while Bajaj Finance is at 34.98 and 19.5, respectively. Despite the low valuation ratios, Mahan Industries has shown remarkable stock performance over the past year, with a return of 249.07%, significantly outperforming the Sensex's return of 5.31%. This suggests that while the company may be undervalued based on traditional metrics, market sentiment may be shifting positively.

Who are in the management team of Mahan Industries?

As of March 2023, the management team of Mahan Industries includes Y K Gupta (Chairman/Executive Director), Sunil Gurnani (Executive Director & CFO), and four independent and non-executive directors: Lalit Sharma, Chanakya Shukla, Hiralben Pravinkumar Kubavat, and Astik Trivedi.

As of March 2023, the management team of Mahan Industries includes the following individuals:<BR><BR>1. Y K Gupta - Chairman / Executive Director<BR>2. Lalit Sharma - Independent Non-Executive Director<BR>3. Chanakya Shukla - Independent Non-Executive Director<BR>4. Hiralben Pravinkumar Kubavat - Non-Executive & Non-Independent Director<BR>5. Sunil Gurnani - Executive Director & CFO<BR>6. Astik Trivedi - Independent Non-Executive Director<BR><BR>Each member plays a distinct role within the company's governance structure.

What does Mahan Industries do?

Mahan Industries Ltd is a micro-cap Non-Banking Financial Company (NBFC) established in 1995, focusing on investment and financial services. As of September 2024, it reported net sales of 4 Cr and a net profit of 0 Cr, with a market cap of INR 3 Cr.

Overview:<BR>Mahan Industries Ltd is a Non-Banking Financial Company (NBFC) engaged in investment and financial services, categorized as a micro-cap company in the finance industry.<BR><BR>History:<BR>Mahan Industries Ltd was incorporated in 1995 and was formerly known as Mahan Finstock Ltd. The latest quarterly results reported net sales and net profit for September 2024.<BR><BR>Financial Snapshot:<BR>Net Sales: 4 Cr (Quarterly Results - Sep 2024) <BR>Net Profit: 0 Cr (Quarterly Results - Sep 2024) <BR>Market-cap: INR 3 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 3.00 <BR>Industry P/E: 15 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.14 <BR>Return on Equity: 2.30% <BR>Price to Book: 1.11 <BR><BR>Contact Details:<BR>Address: D K House 3rd Floor, Near Mithakali Underbridge Ahmedabad Gujarat : 380006 <BR>Phone: 91-079-30024897 <BR>Email: mahan.int@gmail.com <BR>Website: http://www.mahan.co.in

Who are the top shareholders of the Mahan Industries?

The top shareholders of Mahan Industries include individual investors with a collective 39.59% stake, notably Sourabh H Bora HUF holding 5%. There are no institutional investors or pledged promoter holdings.

The top shareholders of Mahan Industries include individual investors, who collectively hold 39.59% of the shares. Among public shareholders, Sourabh H Bora HUF is notable, holding 5%. There are no institutional investors or mutual funds currently holding shares in the company, and there are no pledged promoter holdings. Additionally, there is no specific promoter with the highest holding mentioned.

When is the next results date for Mahan Industries Ltd?

The next results date for Mahan Industries Ltd is 12 February 2026.

The next results date for Mahan Industries Ltd is scheduled for 12 February 2026.

Are Mahan Industries Ltd latest results good or bad?

Mahan Industries Ltd's latest results for March 2024 are unfavorable, showing a significant decline in key metrics, with operating profit and profit before tax both at Rs -0.01 crore, and earnings per share at Rs -0.02. The negative outlook suggests investors should reassess their positions in the company.

Mahan Industries Ltd's latest financial results for the quarter ending March 2024 indicate a challenging period for the company. The performance has been flat, with a significant decline in key metrics compared to previous quarters. The operating profit (PBDIT) has reached its lowest point in five quarters at Rs -0.01 crore, which is concerning as it reflects a negative trend in profitability.<BR><BR>Additionally, the profit before tax (PBT) has also dropped to Rs -0.01 crore, marking it as the lowest in the same timeframe. The earnings per share (EPS) have similarly decreased to Rs -0.02, indicating lower returns for shareholders.<BR><BR>Overall, the results have not been favorable, and the 'Sell' call from MarketsMOJO suggests a negative outlook for investors. Given these factors, it would be prudent for investors to carefully assess their positions in Mahan Industries Ltd.

Should I buy, sell or hold Mahan Industries Ltd?

Which are the latest news on Mahan Industries?

Why is Mahan Industries Ltd falling/rising?

As of 26-Mar, Mahan Industries Ltd's stock price is stable at Rs. 10.06, with a positive performance trend showing a 4.90% increase over the past month and a 10.07% rise year-to-date. Despite concerns about trading activity and declining investor participation, the stock has outperformed its sector and reached a new 52-week high.

As of 26-Mar, Mahan Industries Ltd's stock price is currently stable at Rs. 10.06, showing no change from the previous trading session. Despite this stability, the stock has demonstrated a positive performance trend over various periods. Over the past month, it has increased by 4.90%, while year-to-date, it has risen by 10.07%. In the last year, the stock has significantly outperformed the benchmark, with a remarkable increase of 46.86% compared to a decline of 3.52% in the Sensex.<BR><BR>Today, the stock reached a new 52-week high of Rs. 10.06 and has outperformed its sector by 3.8%. Additionally, it is trading above its moving averages across multiple time frames, indicating a strong upward trend. However, there are some concerns regarding trading activity, as the stock has not traded on four out of the last twenty days, suggesting erratic trading patterns. Furthermore, there has been a decline in investor participation, with delivery volume falling by 1.03% against the five-day average.<BR><BR>Overall, while the stock price remains unchanged today, the underlying performance metrics indicate a generally positive trend, contributing to the perception of stability and potential growth in Mahan Industries Ltd.

Why is Mahan Industries Ltd falling/rising?

As of 27-Mar, Mahan Industries Ltd's stock price is stable at Rs. 10.06, with a year-to-date increase of 10.07% and a 46.86% rise over the past year. Despite strong short-term performance, concerns about operating losses and declining profits may affect investor sentiment.

As of 27-Mar, Mahan Industries Ltd's stock price is currently stable at Rs. 10.06, showing no change (0.00%). Despite this stability, the stock has demonstrated a strong performance over various periods, with a year-to-date increase of 10.07% and a remarkable 46.86% rise over the past year, significantly outperforming the broader market, which has seen negative returns. <BR><BR>The stock has recently hit a new 52-week high today, indicating positive momentum. It has outperformed its sector by 3.8%, and is trading above its moving averages across multiple time frames, suggesting a bullish trend. However, there are underlying concerns that may affect investor sentiment. The company is experiencing operating losses and has a weak long-term fundamental strength, with profits having fallen by 33% over the past year despite the stock's price increase. Additionally, there has been a decline in investor participation, as evidenced by a drop in delivery volume.<BR><BR>Overall, while Mahan Industries Ltd has shown impressive short-term performance and resilience against market trends, the combination of operating losses and declining profits raises caution among investors, which could influence future price movements.

Why is Mahan Industries Ltd falling/rising?

As of 28-Mar, Mahan Industries Ltd's stock price is stable at Rs. 10.06, with a significant 46.86% increase over the past year. However, concerns about operating losses and declining investor participation may impact future performance.

As of 28-Mar, Mahan Industries Ltd's stock price is currently stable at Rs. 10.06, showing no change (0.00%). Despite this stability, the stock has demonstrated a strong upward trend over the past year, with a remarkable increase of 46.86%, significantly outperforming the broader market, which has seen a decline of 5.18% during the same period. <BR><BR>The stock's performance over the last month has also been positive, with a gain of 4.90%, while the benchmark Sensex has fallen by 9.48%. This indicates that Mahan Industries Ltd is maintaining a strong position relative to the market. Furthermore, the stock has reached a new 52-week high today, which is a positive indicator of investor confidence.<BR><BR>However, there are underlying concerns that could affect future performance. The company is facing operating losses and has a weak long-term fundamental strength, with operating profit growing at a modest annual rate of 9.72%. Additionally, the stock has been classified as risky due to negative EBITDA and a significant drop in profits by 33% over the past year, despite the stock's impressive return.<BR><BR>Investor participation appears to be declining, as evidenced by a decrease in delivery volume. The stock's liquidity remains adequate for trading, but the erratic trading pattern, with the stock not trading on four days out of the last twenty, raises concerns about consistent investor interest.<BR><BR>In summary, while Mahan Industries Ltd is currently stable in price and has shown strong historical performance, the combination of operating losses, declining investor participation, and risk factors could influence future stock movements.

Why is Mahan Industries Ltd falling/rising?

As of 29-Mar, Mahan Industries Ltd's stock price is stable at Rs. 10.06, with a significant 46.86% increase over the past year despite underlying financial concerns and erratic trading patterns. While it has reached a new 52-week high, the company faces operating losses and decreased profits, indicating potential risks for investors.

As of 29-Mar, Mahan Industries Ltd's stock price is currently stable at Rs. 10.06, showing no change (0.00%). Despite this stability, the stock has demonstrated a significant upward trend over the past year, with a remarkable increase of 46.86%, outperforming the broader market, which has seen a decline of 5.18% in the same period. <BR><BR>The stock has also reached a new 52-week high today, indicating positive momentum. Over the past month, Mahan Industries has gained 4.90%, while the benchmark Sensex has dropped by 9.48%. This performance suggests that Mahan Industries is attracting investor interest despite the overall market downturn.<BR><BR>However, there are concerns regarding the company's long-term fundamentals. The company is facing operating losses and has a negative EBITDA, which raises questions about its financial health. Additionally, while the stock has performed well recently, its profits have decreased by 33% over the past year, indicating potential risks for investors. <BR><BR>Moreover, the stock has experienced erratic trading, not trading on four out of the last twenty days, which may affect liquidity and investor confidence. Despite these challenges, the stock is currently trading above its moving averages, suggesting short-term strength. <BR><BR>In summary, Mahan Industries Ltd's stock is rising due to its strong performance relative to the market and recent highs, but underlying financial issues and erratic trading patterns present risks that could influence future price movements.