Maha Rashtra Apex Corporation Ltd

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

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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
18.9
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
60.6
MFI
MFI Overbought
79.2

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
170.80
10Day EMA
168.90
12Day EMA
167.60
20Day EMA
162.30
26Day EMA
158.80
50Day EMA
150.30
100Day EMA
144.50
200Day EMA
139.20
5Day SMA
171.10
10Day SMA
171.40
20Day SMA
162.00
30Day SMA
152.60
50Day SMA
143.50
100Day SMA
141.00
150Day SMA
142.00
200Day SMA
141.10
Delivery & Volume
Resistance & Support
171.05
Pivot
Resistance
First Resistance
172.94
Second Resistance
175.58
Third Resistance
177.47
Support
First Support
168.41
Second support
166.52
Third Support
163.88
Relative Strength Index
60.56
Money Flow Index
79.18
MACD
8.81
MACD Signal
9
Average True Range
11.03
Average Directional Index
41.06
Rate of Change (21)
14.88
Rate of Change (125)
22.26
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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

Maha Rashtra Apex Corporation Ltd shares are currently priced at 170.31 on NSE and 170.7 on BSE as of 6/20/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Maha Rashtra Apex Corporation Ltd [MAHAPEXLTD] share was 20.57. The Maha Rashtra Apex Corporation Ltd [MAHAPEXLTD] share hit a 1-year low of Rs. 105.4 and a 1-year high of Rs. 183.95.

The market cap of Maha Rashtra Apex Corporation Ltd is Rs. 240.99 Cr. as of 6/20/2024 12:00:00 AM.

The PE ratios of Maha Rashtra Apex Corporation Ltd is 42.36 as of 6/20/2024 12:00:00 AM.

The PB ratios of Maha Rashtra Apex Corporation Ltd is 0.53 as of 6/20/2024 12:00:00 AM

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