Maharashtra seamless stock price target

The stock price target for Maharashtra Seamless (MSST) is primarily based on technical analysis and analyst consensus, with a focus on the Rs 825-830 range for the near term. 1. **Technical Analysis Perspective**: - The stock has been consolidating within a range of Rs 570-700, indicating a potential breakout. - Prices are holding below the 200-day exponential moving average, suggesting a bullish trend. - Traders are advised to buy with a target of Rs 825-830 in the next 5-7 weeks. 2. **Analyst Consensus and Price Target**: - The consensus among analysts is to buy the stock, with a mean target price of Rs 785.00 INR. - Revenue and profit growth forecasts for FY25 are negative, with estimates of -4.7% revenue growth and -21.1% profit growth. - The analyst's price target is Rs 815.00 INR, with a maximum estimate of Rs 815.00 INR and a minimum estimate of Rs 815.00 INR. In summary, the stock price target for Maharashtra Seamless is centered around the Rs 825-830 range, based on technical analysis indicating a potential breakout from consolidation. Analysts also support a buy rating with a target price consensus of Rs 785.00 INR, with some variation in forecasts suggesting a cautious yet optimistic outlook.