Maithan Alloys

{
  "main_header": {
    "sid": 132112,
    "name": "Maithan Alloys",
    "stock_name": "Maithan Alloys",
    "full_name": "Maithan Alloys Ltd.",
    "name_url": "stocks-analysis/maithan-alloys",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "993.80",
    "chg": -0.1,
    "chgp": "-0.01%",
    "dir": -1,
    "prev_price": "993.90",
    "mcapval": "2,902.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 590078,
    "symbol": "MAITHANALL",
    "ind_name": "Ferrous Metals",
    "ind_code": 41,
    "indexname": "India SENSEX",
    "isin": "INE683C01011",
    "curr_date": "May 06",
    "curr_time": "",
    "bse_nse_vol": "48.27 k",
    "exc_status": "Active",
    "traded_date": "May 06, 2026",
    "traded_date_str": "2026 05 06",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/maithan-alloys-132112-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
    }
  },
  "news": {
    "results": [
      {
        "title": "Maithan Alloys Ltd. is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/maithan-alloys-ltd-is-rated-sell-3972641",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MaithanAlloysLt_mojoScore_3972641.png",
        "date": "2026-05-02 10:10:25",
        "description": "Maithan Alloys Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 20 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 02 May 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market standing."
      },
      {
        "title": "Maithan Alloys Declines 3.49% Despite Valuation Upgrade: Key Weekly Insights",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/maithan-alloys-declines-349-despite-valuation-upgrade-key-weekly-insights-3963341",
        "imagepath": "",
        "date": "2026-04-26 16:00:05",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>20 Apr:</strong> Stock opens at Rs.1,016.95, down 1.85% amid cautious sentiment</p>\n                    <p><strong>21 Apr:</strong> Upgrade to Sell rating by MarketsMOJO on improved technicals and valuation</p>\n                    <p><strong>22 Apr:</strong> Price rises 1.00% to Rs.1,027.55 on increased volume</p>\n                    <p><strong>23 Apr:</strong> Price drops 1.64% to Rs.1,010.65 amid mixed returns and valuation reassessment</p>\n                    <p><strong>24 Apr:</strong> Week closes at Rs.999.90, down 1.06% on continued selling pressure</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat..."
      },
      {
        "title": "Maithan Alloys Ltd: Valuation Attractiveness Improves Amid Mixed Returns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/maithan-alloys-ltd-valuation-attractiveness-improves-amid-mixed-returns-3958213",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MaithanAlloysLt_valuationdot_3958213.png",
        "date": "2026-04-23 08:00:06",
        "description": "Maithan Alloys Ltd. has witnessed a notable improvement in its valuation parameters, shifting from a very attractive to an attractive rating, driven primarily by its low price-to-earnings and price-to-book value ratios. Despite this positive change, the company’s overall market sentiment remains cautious with a Mojo Grade of Sell, reflecting ongoing challenges in the ferrous metals sector and mixed performance relative to benchmarks."
      },
      {
        "title": "Maithan Alloys Ltd. Upgraded to Sell on Improved Technicals and Valuation",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/maithan-alloys-ltd-upgraded-to-sell-on-improved-technicals-and-valuation-3955258",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MaithanAlloysLt_mojoScore_3955258.png",
        "date": "2026-04-21 08:11:16",
        "description": "Maithan Alloys Ltd., a small-cap player in the ferrous metals sector, has seen its investment rating upgraded from Strong Sell to Sell as of 20 Apr 2026. This change reflects a nuanced improvement across technical indicators and valuation metrics, despite ongoing challenges in financial performance and long-term growth prospects."
      },
      {
        "title": "Maithan Alloys Gains 9.95%: 3 Key Factors Driving the Weekly Rally",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/maithan-alloys-gains-995-3-key-factors-driving-the-weekly-rally-3953212",
        "imagepath": "",
        "date": "2026-04-19 17:00:04",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>13 Apr:</strong> Mojo Grade downgraded to Strong Sell amid weak financial trends</p>\n                    <p><strong>15 Apr:</strong> Valuation metrics signal renewed price attractiveness</p>\n                    <p><strong>16 Apr:</strong> Technical momentum shifts to mildly bearish with mixed signals</p>\n                    <p><strong>17 Apr:</strong> Week closes at ₹1,036.10 (+9.95%) outperforming Sensex</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.942.35</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><..."
      },
      {
        "title": "Maithan Alloys Ltd. Technical Momentum Shifts Amid Mixed Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/maithan-alloys-ltd-technical-momentum-shifts-amid-mixed-signals-3947989",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MaithanAlloysLt_technicaldot_3947989.png",
        "date": "2026-04-16 08:00:17",
        "description": "Maithan Alloys Ltd., a small-cap player in the ferrous metals sector, has exhibited a notable shift in its technical momentum, moving from a bearish stance to a mildly bearish trend. Despite a robust day gain of 4.57%, the stock’s technical indicators present a complex picture, with some signals suggesting caution while others hint at potential bullish undertones. This analysis delves into the recent technical parameter changes, evaluating key indicators such as MACD, RSI, moving averages, and volume trends to provide a comprehensive view of the stock’s near-term outlook."
      },
      {
        "title": "Maithan Alloys Ltd: Valuation Shift Signals Renewed Price Attractiveness Amid Mixed Returns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/maithan-alloys-ltd-valuation-shift-signals-renewed-price-attractiveness-amid-mixed-returns-3946357",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MaithanAlloysLt_valuationdot_3946357.png",
        "date": "2026-04-15 08:00:08",
        "description": "Maithan Alloys Ltd., a small-cap player in the ferrous metals sector, has seen its valuation parameters shift favourably, moving from very attractive to attractive territory. Despite a recent downgrade to a Strong Sell rating by MarketsMOJO, the company’s price-to-earnings (P/E) and price-to-book value (P/BV) ratios suggest a compelling entry point relative to peers and historical averages."
      },
      {
        "title": "Maithan Alloys Downgraded to Strong Sell Amid Mixed Valuation and Weak Financial Trends",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/maithan-alloys-downgraded-to-strong-sell-amid-mixed-valuation-and-weak-financial-trends-3945166",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MaithanAlloysLt_mojoScore_3945166.png",
        "date": "2026-04-14 08:12:17",
        "description": "Maithan Alloys Ltd., a small-cap player in the ferrous metals sector, has seen its investment rating downgraded from Sell to Strong Sell as of 13 April 2026. This shift reflects a complex interplay of valuation improvements, deteriorating financial trends, and subdued technical indicators, underscoring the challenges facing the company despite some attractive valuation metrics."
      },
      {
        "title": "Maithan Alloys Gains 2.96%: Valuation Upgrade and Mixed Returns Shape the Week",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/maithan-alloys-gains-296-valuation-upgrade-and-mixed-returns-shape-the-week-3943676",
        "imagepath": "",
        "date": "2026-04-12 16:00:51",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>Apr 6:</strong> Week opens at Rs.915.25</p>\n                    <p><strong>Apr 7:</strong> Minor decline of 0.13% to Rs.914.10 despite Sensex rise</p>\n                    <p><strong>Apr 8:</strong> Sharp 3.12% rally to Rs.942.60 coinciding with valuation upgrade</p>\n                    <p><strong>Apr 9:</strong> Slight pullback of 0.87% to Rs.934.40 amid mixed financial signals</p>\n                    <p><strong>Apr 10:</strong> Week closes at Rs.942.35, up 0.85% on the day</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.915.25</div></div>\n              ..."
      }
    ],
    "total": 231,
    "sid": "132112",
    "stock_news_url": "https://www.marketsmojo.com/news/maithan-alloys-132112"
  },
  "announcements": [
    {
      "caption": "Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A",
      "datetime": "30-Apr-2026",
      "details": "<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=1px><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr><td>1</td><td>Name of Company</td><td>Maithan Alloys Ltd</td></tr> <tr><td>2</td><td>CIN NO.</td><td>L27101WB1985PLC039503</td></tr> <tr><td>3</td> <td>Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr)</td> <td>0.00</td></tr> <tr><td>4</td><td>Highest Credit Rating during the previous FY </td><td>AA</td></tr> <tr><td>4a</td><td>Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)</td><td>CRISIL LTD.</td></tr> <tr><td>5</td><td>Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework</td><td>NSE</td></tr> </table> <br/><br/> <div> <div style=float:left;> We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No</div> <br/><br/><br/> <div style=float:left;> Name of the Company Secretary: RAJESH K SHAH <br/> Designation: COMPANY SECRETARY <br/> EmailId: rajesh@maithanalloys.com</div> <div style=float:left;margin-left:50px;> Name of the Chief Financial Officer: SUDHANSHU AGARWALLA <br/> Designation: PRESIDENT AND CHIEF FINANCIAL OFFICER <br/> EmailId: office@maithanalloys.com</div> </div> <div> <br/> Date: 30/04/2026<br/><br/> <b>Note:<b> In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. </div>",
      "source": "BSE"
    },
    {
      "caption": "Update On Ferro Alloys Production At Kalyaneshwari Unit Of The Company.",
      "datetime": "30-Apr-2026",
      "details": "The Kalyaneshwari unit will be operating at its full capacity w.e.f. 1st May 2026.",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "08-Apr-2026",
      "details": "Compliance Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended on 31st March 2026.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Maithan Alloys Ltd. has declared <strong>60%</strong> dividend, ex-date: 19 Sep 25",
          "dt": "2025-09-19",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "",
      "data": [
        {
          "txt": "Maithan Alloys Ltd. has announced <strong>1:1</strong> bonus issue, ex-date: 15 Jul 15",
          "dt": "2015-07-15",
          "middle_text": "Bonus Alert"
        }
      ]
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Maithan Alloys Ltd. is Rated Sell

2026-05-02 10:10:25

Maithan Alloys Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 20 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 02 May 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market standing.

Read full news article

Maithan Alloys Declines 3.49% Despite Valuation Upgrade: Key Weekly Insights

2026-04-26 16:00:05

Key Events This Week

20 Apr: Stock opens at Rs.1,016.95, down 1.85% amid cautious sentiment

21 Apr: Upgrade to Sell rating by MarketsMOJO on improved technicals and valuation

22 Apr: Price rises 1.00% to Rs.1,027.55 on increased volume

23 Apr: Price drops 1.64% to Rs.1,010.65 amid mixed returns and valuation reassessment

24 Apr: Week closes at Rs.999.90, down 1.06% on continued selling pressure

Read full news article

Maithan Alloys Ltd: Valuation Attractiveness Improves Amid Mixed Returns

2026-04-23 08:00:06

Maithan Alloys Ltd. has witnessed a notable improvement in its valuation parameters, shifting from a very attractive to an attractive rating, driven primarily by its low price-to-earnings and price-to-book value ratios. Despite this positive change, the company’s overall market sentiment remains cautious with a Mojo Grade of Sell, reflecting ongoing challenges in the ferrous metals sector and mixed performance relative to benchmarks.

Read full news article

Maithan Alloys Ltd. Upgraded to Sell on Improved Technicals and Valuation

2026-04-21 08:11:16

Maithan Alloys Ltd., a small-cap player in the ferrous metals sector, has seen its investment rating upgraded from Strong Sell to Sell as of 20 Apr 2026. This change reflects a nuanced improvement across technical indicators and valuation metrics, despite ongoing challenges in financial performance and long-term growth prospects.

Read full news article

Maithan Alloys Gains 9.95%: 3 Key Factors Driving the Weekly Rally

2026-04-19 17:00:04

Key Events This Week

13 Apr: Mojo Grade downgraded to Strong Sell amid weak financial trends

15 Apr: Valuation metrics signal renewed price attractiveness

16 Apr: Technical momentum shifts to mildly bearish with mixed signals

17 Apr: Week closes at ₹1,036.10 (+9.95%) outperforming Sensex

Week Open

Rs.942.35

Week Close

<...

Read full news article

Maithan Alloys Ltd. Technical Momentum Shifts Amid Mixed Signals

2026-04-16 08:00:17

Maithan Alloys Ltd., a small-cap player in the ferrous metals sector, has exhibited a notable shift in its technical momentum, moving from a bearish stance to a mildly bearish trend. Despite a robust day gain of 4.57%, the stock’s technical indicators present a complex picture, with some signals suggesting caution while others hint at potential bullish undertones. This analysis delves into the recent technical parameter changes, evaluating key indicators such as MACD, RSI, moving averages, and volume trends to provide a comprehensive view of the stock’s near-term outlook.

Read full news article

Maithan Alloys Ltd: Valuation Shift Signals Renewed Price Attractiveness Amid Mixed Returns

2026-04-15 08:00:08

Maithan Alloys Ltd., a small-cap player in the ferrous metals sector, has seen its valuation parameters shift favourably, moving from very attractive to attractive territory. Despite a recent downgrade to a Strong Sell rating by MarketsMOJO, the company’s price-to-earnings (P/E) and price-to-book value (P/BV) ratios suggest a compelling entry point relative to peers and historical averages.

Read full news article

Maithan Alloys Downgraded to Strong Sell Amid Mixed Valuation and Weak Financial Trends

2026-04-14 08:12:17

Maithan Alloys Ltd., a small-cap player in the ferrous metals sector, has seen its investment rating downgraded from Sell to Strong Sell as of 13 April 2026. This shift reflects a complex interplay of valuation improvements, deteriorating financial trends, and subdued technical indicators, underscoring the challenges facing the company despite some attractive valuation metrics.

Read full news article

Maithan Alloys Gains 2.96%: Valuation Upgrade and Mixed Returns Shape the Week

2026-04-12 16:00:51

Key Events This Week

Apr 6: Week opens at Rs.915.25

Apr 7: Minor decline of 0.13% to Rs.914.10 despite Sensex rise

Apr 8: Sharp 3.12% rally to Rs.942.60 coinciding with valuation upgrade

Apr 9: Slight pullback of 0.87% to Rs.934.40 amid mixed financial signals

Apr 10: Week closes at Rs.942.35, up 0.85% on the day

Week Open

Rs.915.25

...

Read full news article

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