Maha Rashtra Apex Corporation Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
61.58% Gain from 52W Low
29
TTM PE Ratio
Low in industry
0.7
Price to Book Ratio
Low in industry
0.5
Dividend yield 1yr %
0
TTM PEG Ratio
0
RSI
RSI is mid-range
60.5
MFI
MFI strongly Overbought
86.9

Maha Rashtra Apex Corporation Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Maha Rashtra Apex Corporation Ltd shareholding Pattern

Promoter
62.5%
Public
37.5%
Promoter
62.5%
Public
37.4%
Promoter
62.5%
Public
37.5%
Promoter
62.5%
Public
37.5%
Promoter
62.5%
Public
37.5%
Promoter
62.5%
Public
37.5%

Maha Rashtra Apex Corporation Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
13
Bearish Moving Averages
3
5Day EMA
171.00
10Day EMA
168.60
12Day EMA
167.20
20Day EMA
161.50
26Day EMA
157.90
50Day EMA
149.50
100Day EMA
143.90
200Day EMA
138.80
5Day SMA
172.00
10Day SMA
170.60
20Day SMA
161.20
30Day SMA
151.10
50Day SMA
142.80
100Day SMA
140.80
150Day SMA
141.80
200Day SMA
140.90
Delivery & Volume
Resistance & Support
171.03
Pivot
Resistance
First Resistance
174.25
Second Resistance
178.24
Third Resistance
181.46
Support
First Support
167.04
Second support
163.82
Third Support
159.83
Relative Strength Index
60.54
Money Flow Index
86.87
MACD
9.24
MACD Signal
9.04
Average True Range
11.53
Average Directional Index
41.75
Rate of Change (21)
20.72
Rate of Change (125)
19.66
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Maha Rashtra Apex Corporation Ltd Company background

Founded in: 1943
Managing director: ASPI NARIMAN KATGARA
Maha Rashtra Apex Corporation (MACL) was incorporated as a banking company in Apr.43 in the name of Maharashtra Apex Bank. Later in 1955, the branches were transferred to Canara Industrial and Banking Syndicate. The company was converted into a hirepurchase company and changed its name to the present one. It was promoted by the late Upendra Anantha Pai. The Company is engaged in the business of Hire Purchase and Leasing Business, Presently, the Company discontinued the operation and conentrated on recovery of Hire Purchase and Leasing Business.The company came out with a rights issue of 42.55 shares at a premium of Rs 5/ with detachable warrants, to consolidate its capital base and further augment its longterm resources and to broadbase and expand public holdings. The main activities of the company are lease and hire purchase, automobile financing, bill discounting, corporate finance, etc. The company plans to diversify into merchant banking, OTCEI dealership, stock exchange membership, money changing business, mutual funds, etc. With respect to diversification and expansion, MACL has promoted Manipal Home Finance for housing finance, Manipal Share and Stock Brokers and Manipal Motors. It is also diversifying into telecom and cellular telephone services. In 1971, a company called General Investments Trusts was amalgamated with the company. In 199596, the company issued 32,14,260 warrants to the promoters of the company on preferential basis. These warrants were converted into equity shares and allotted in Nov.95. Its subsidiary Karnataka Consumer Products changed its name to Kurlon, during the year.During the year 19992000, the company diversified its activities and taking up the retail sale of almost all top mutual funds and has a strong network of around 100 branches. The company also tookup the agency of Western Union, a reputed US Company which specialises in offering quick and efficient Money Transfer Service from abroad. It has tiedup with M/s Citicorp Finance (India) Ltd for doing business in Light and Heavy Commercial Vehicles and also with leading Amercian NBFC Associates to canvass business for them on commission basis.With a move to diversify the company had taken up the Marketing of Mutual Funds of reputed brands and also ventured into retail marketing of gold coins.During year 200405, the Company started repaying the Deposits and Bonds through the Scheme of Arrangement. Accordingly repayment of 1st installment of (15% of the face value) was already made along with the Deposits/Bonds having the face value of Rs.5000/and less as directed by the High Court. Besides, the repayment of 4th installment (quarterly payment 5% of face value ) of Deposit/ Bonds having monthly/quarterly interest option has also been carried out as envisaged in the Scheme.In terms of Scheme of arrangement sanctioned by the Honble High Court of Karnataka, the Company repaid Deposits/ Bonds aggregating to Rs.64.15 Crores. In addition to the above, the Company has paid public deposits amounting to Rs. 11.51 Crores out of Rs. 12.59 Crores to investors having investment of Rs.5,000/ or less as per the directions of the High Court during 200607. During the year 200809, the collection of dues under HP/Lease/Loan/Bills etc was to the tune of Rs.494.14 lacs. In terms of Scheme of arrangement sanctioned by the Honble High Court of Karnataka, the Company completed payment of three instalments during 201516. It completed the fourth instalments in 201819.
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Maha Rashtra Apex Corporation Ltd FAQs

The past 1-year return of Maha Rashtra Apex Corporation Ltd [MAHAPEXLTD] share was 21.4. The Maha Rashtra Apex Corporation Ltd [MAHAPEXLTD] share hit a 1-year low of Rs. 104.7 and a 1-year high of Rs. 183.35.

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