📅 Maharashtra Seamless Limited Seasonality

Maharashtra Seamless Limited (MAHSEAMLES) has ended October higher in 12 of the last 22 years (55%), with an average October move of +3.2%. The strongest October was 2021 (+55.4%) and the weakest was 2008 (-39.7%).

MAHSEAMLES · data since 2004 (23 yrs) Prices through 16 Oct 2026
12/22
Octobers closed higher
+3.2%
Avg October move
-20.6%
October so far
April
Best month · avg +6.0%
January
Weakest month · avg -3.9%
23
Years of history
Current month: October 2026 historically up 55% of years (12/22) avg +3.2% best 2021 +55.4% worst 2008 -39.7% so far -20.6%

Maharashtra Seamless Limited's historically strongest month is April — up in 16 of 23 years (70%) with an average gain of +6.0%. The weakest month has been January, averaging -3.9% with gains in only 9 of 22 years.

📊 Average return by month

2004–2026 · completed months only
Bars above the zero line are months MAHSEAMLES typically gained; hover for hit rates.

🗓️ Month-by-month returns (2004–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg -3.9-1.5+1.2+6.0+2.6+2.5+0.4+3.8-0.2+3.2+0.9+4.5
Up % 41%35%52%70%43%70%43%65%48%55%55%68%
2026 -7.3 +8.1 -0.3 +14.3 -2.9 -3.8 -5.4 +17.3 +11.2 -20.6 · ·
2025 -11.5 -1.2 +11.4 -4.0 +5.5 +10.3 -8.1 -8.5 -6.8 -5.0 +3.7 -4.7
2024 +13.8 -12.3 -8.4 +6.9 -27.6 +0.1 -0.9 +3.4 -4.4 -2.6 +2.6 +9.1
2023 -1.7 -4.9 +17.9 +21.2 +3.5 +6.2 +12.2 +0.6 +14.2 +16.8 +35.6 -4.9
2022 +4.9 -4.7 +8.2 +7.1 -6.2 +14.0 +15.6 +14.8 -7.0 +0.4 -4.2 -13.4
2021 -12.3 +0.6 -2.1 +5.2 +2.3 +0.5 +5.3 +0.6 +0.4 +55.4 -0.1 +3.8
2020 +2.4 -17.3 -39.6 +15.1 -10.1 +8.4 -9.8 +17.0 -3.9 +0.5 +17.0 +22.9
2019 -5.4 +1.6 +3.1 -1.8 -5.1 -5.1 -3.0 -9.8 +0.9 -3.6 +2.0 +1.6
2018 +8.8 -7.7 -8.9 +9.2 -7.8 +1.7 +11.0 +1.5 -12.5 +10.4 +0.5 +3.0
2017 +12.9 +25.6 +2.5 -0.2 -1.0 +12.2 +4.0 +6.3 -1.0 +19.9 -3.4 +5.4
2016 -15.9 -10.1 +8.5 +41.2 +15.6 +0.8 -10.0 +5.0 -5.8 +26.1 -14.8 +7.5
2015 -14.7 +3.5 -7.8 +7.2 -4.4 -4.1 -4.1 -6.8 -14.1 +5.9 +1.5 +12.9
2014 +1.5 -0.9 +16.7 +11.8 +39.0 +4.7 -2.9 +18.8 -9.9 -2.1 -6.5 -17.6
2013 -12.3 -10.7 +4.0 -2.3 +6.0 -9.9 -5.2 -3.1 +0.0 -13.7 +5.5 -1.7
2012 +6.5 +10.3 +4.3 -3.2 -3.9 -7.8 +0.3 -1.9 +5.2 -2.6 -9.9 -8.7
2011 -10.2 -0.9 -4.6 +10.3 -0.5 +5.1 -0.6 -3.6 -0.4 -4.6 -0.2 -5.2
2010 -4.5 +3.3 -0.2 +11.0 -2.1 +1.1 +3.1 -6.3 +7.0 +5.5 -8.3 +0.2
2009 -15.8 -2.2 +16.3 +12.9 +50.9 +6.7 -1.9 +17.1 +7.4 +4.4 +6.4 +3.0
2008 -39.6 -11.5 -9.6 -3.3 +8.3 -9.5 -0.5 +0.4 -3.3 -39.7 -23.7 +17.7
2007 +8.9 -6.3 +7.9 +9.9 +0.1 +17.9 -9.0 -3.1 +5.5 -17.2 -1.7 +26.2
2006 +9.5 -2.3 +17.6 -51.6 -8.2 +4.6 +6.2 +6.2 +8.0 +9.7 +6.7 +5.3
2005 -3.5 +12.6 -5.7 +2.6 +13.8 -1.2 +11.9 +11.5 +1.4 -3.9 +4.8 +15.6
2004 · -7.0 -4.3 +18.4 -5.4 +4.1 +0.5 +9.8 +2.7 +10.3 +6.3 +20.3

🏆 Top 25 seasonal picks — October 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 MUTHOOTFIN Muthoot Finance Limited 13/15 yrs up 87% +4.4% -5.1%
2 POKARNA Pokarna Limited 9/10 yrs up 90% +9.7% +1.2%
3 STYRENIX Styrenix Performance Materials Limited 18/22 yrs up 82% +3.7% +2.3%
4 TBZ Tribhovandas Bhimji Zaveri Limited 12/14 yrs up 86% +12.3% +19.5%
5 RAMCOCEM The Ramco Cements Limited 17/22 yrs up 77% +0.6% -4.8%
6 OBEROIRLTY Oberoi Realty Limited 12/15 yrs up 80% +6.1% -3.5%
7 PDSL PDS Limited 9/11 yrs up 82% +9.4% -2.8%
8 MCX Multi Comm. Exc. 11/14 yrs up 79% +8.9% -4.2%
9 INDOTECH Indo Tech Transformers Limited 15/20 yrs up 75% +6.7% -3.8%
10 SUZLON Suzlon Energy Limited 15/20 yrs up 75% +4.8% +6.4%
11 RSYSTEMS R Systems International Limited 15/20 yrs up 75% +4.2% -6.6%
12 IFBAGRO IFB Agro Industries Limited 16/22 yrs up 73% +11.7% -3.1%
13 GMDCLTD Gujarat Mineral Development Corporation Limited 16/22 yrs up 73% +8.5% -7.2%
14 USHAMART Usha Martin Limited 16/22 yrs up 73% +6.0% -1.5%
15 GSFC Gujarat State Fertilizers & Chemicals Limited 16/22 yrs up 73% +4.6% -1.3%
16 ICICIBANK ICICI Bank Limited 16/22 yrs up 73% +4.5% +5.7%
17 SHRIRAMFIN Shriram Finance Limited 16/22 yrs up 73% +2.8% -4.3%
18 KABRAEXTRU Kabra Extrusion Technik Limited 16/22 yrs up 73% +2.2% +0.4%
19 HIRECT Hind Rectifiers Limited 14/19 yrs up 74% +4.7% -2.7%
20 TI Tilaknagar Industries Limited 12/16 yrs up 75% +9.5% +2.0%
21 KECL Kirloskar Electric Company Limited 12/16 yrs up 75% +8.0% -1.9%
22 IMFA Indian Metals & Ferro Alloys Limited 12/16 yrs up 75% +8.0% -0.9%
23 DBREALTY Valor Estate Limited 12/16 yrs up 75% +7.4% -9.7%
24 ATULAUTO Atul Auto Limited 10/13 yrs up 77% +8.3% -5.6%
25 MINDTECK Mindteck (India) Limited 8/10 yrs up 80% +5.1% -2.8%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
Current quarter: Q4 2026 historically up 59% of years (13/22) avg +9.1% so far -20.6%

By quarter, Q2 (Apr–Jun) has been the strongest for MAHSEAMLES: up in 16 of 23 years, averaging +12.2%. Q1 (Jan–Mar) has been the softest (-3.1% on average). The current quarter (Q4) has historically closed higher 59% of the time.

📊 Average return by quarter

Q1 = Jan–Mar … Q4 = Oct–Dec
Calendar quarters, close-to-close. Hover for hit rates.

🗓️ Quarter-by-quarter returns

dashed cell = current quarter to date
Year Q1Q2Q3Q4
Avg -3.1+12.2+4.1+9.1
Up % 36%70%57%59%
2026 -0.2 +6.7 +23.4 -20.6
2025 -2.6 +11.7 -21.6 -6.1
2024 -8.6 -22.5 -2.1 +9.1
2023 +10.3 +33.2 +28.9 +50.7
2022 +8.2 +14.5 +23.3 -16.7
2021 -13.6 +8.1 +6.4 +61.1
2020 -48.8 +12.3 +1.4 +44.5
2019 -0.9 -11.6 -11.6 -0.1
2018 -8.6 +2.4 -1.5 +14.4
2017 +45.4 +10.8 +9.4 +22.1
2016 -17.9 +64.6 -11.0 +15.4
2015 -18.5 -1.7 -23.2 +21.3
2014 +17.3 +62.6 +4.0 -24.6
2013 -18.5 -6.8 -8.2 -10.5
2012 +22.5 -14.2 +3.5 -20.0
2011 -15.1 +15.4 -4.5 -9.8
2010 -1.4 +9.9 +3.3 -3.1
2009 -4.3 +81.8 +23.4 +14.4
2008 -51.7 -5.2 -3.4 -45.8
2007 +10.1 +29.7 -7.0 +2.8
2006 +25.9 -53.5 +21.8 +23.2
2005 +2.3 +15.4 +26.4 +16.4
2004 · +16.6 +13.3 +40.9

🏆 Top 25 seasonal picks — Q4 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 RHIM RHI MAGNESITA INDIA LIMITED 13/14 yrs up 93% +14.0% -3.8%
2 APOLLOHOSP Apollo Hospitals Enterprise Limited 19/22 yrs up 86% +6.2% -3.4%
3 RSYSTEMS R Systems International Limited 17/20 yrs up 85% +24.7% -6.6%
4 STAR Strides Pharma Science Limited 18/22 yrs up 82% +6.3% -6.7%
5 DRREDDY Dr. Reddy's Laboratories Limited 18/22 yrs up 82% +4.5% +0.0%
6 PROZONER Prozone Realty Limited 12/14 yrs up 86% +19.8% -3.9%
7 POLYMED Poly Medicure Limited 12/14 yrs up 86% +9.2% -4.8%
8 INDOTECH Indo Tech Transformers Limited 16/20 yrs up 80% +23.2% -3.8%
9 TI Tilaknagar Industries Limited 13/16 yrs up 81% +22.7% +2.0%
10 FIEMIND Fiem Industries Limited 15/19 yrs up 79% +14.2% +2.2%
11 BSOFT BIRLASOFT LIMITED 17/22 yrs up 77% +21.8% +17.1%
12 SONATSOFTW Sonata Software Limited 17/22 yrs up 77% +20.2% -4.0%
13 FACT Fertilizers and Chemicals Travancore Limited 17/22 yrs up 77% +20.1% -3.3%
14 TVSHLTD TVS Holdings Limited 17/22 yrs up 77% +15.4% -5.0%
15 APARINDS Apar Industries Limited 17/22 yrs up 77% +15.1% -7.8%
16 STYRENIX Styrenix Performance Materials Limited 17/22 yrs up 77% +11.0% +2.3%
17 EPL EPL Limited 17/22 yrs up 77% +10.4% -2.1%
18 TORNTPHARM Torrent Pharmaceuticals Limited 17/22 yrs up 77% +8.5% -5.0%
19 WIPRO Wipro Limited 17/22 yrs up 77% +8.4% +16.3%
20 HINDALCO Hindalco Industries Limited 17/22 yrs up 77% +7.6% -3.6%
21 VTL Vardhman Textiles Limited 17/22 yrs up 77% +7.4% -0.5%
22 HDFCBANK HDFC Bank Limited 17/22 yrs up 77% +6.2% +2.8%
23 COROMANDEL Coromandel International Limited 17/22 yrs up 77% +5.9% +0.0%
24 ASIANPAINT Asian Paints Limited 17/22 yrs up 77% +4.3% -2.9%
25 JPOLYINVST Jindal Poly Investment and Finance Company Limited 10/12 yrs up 83% +34.9% +2.1%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
❓ MAHSEAMLES seasonality — FAQ
How often does Maharashtra Seamless Limited rise in October?
Historically MAHSEAMLES has closed October with a gain in 12 out of 22 years — a 55% hit rate — averaging +3.2% for the month (data since 2004).
Which is the best month to buy Maharashtra Seamless Limited historically?
Based on 23 years of data, April has been MAHSEAMLES's strongest month: positive in 70% of years with an average return of +6.0%. Past seasonality does not guarantee future results.
Which is the weakest month for Maharashtra Seamless Limited?
January has historically been the weakest month for MAHSEAMLES, with an average move of -3.9% and gains in just 9 of 22 years.
Which quarter is historically strongest for Maharashtra Seamless Limited?
Q2 (Apr–Jun) — positive in 16 of 23 years with an average return of +12.2%.
Does seasonality guarantee future returns?
No. Seasonality is a historical tendency, not a prediction. It reflects how a stock happened to trade in past calendar periods and can break at any time. Use it as one research input alongside fundamentals and technicals, and consult a SEBI-registered adviser before investing.

Methodology: returns are close-to-close over calendar months and quarters, computed from adjusted daily prices since 2004. A period's return is only counted when the immediately preceding period also traded. Statistics cover completed periods; the current period is shown separately as “so far”. Seasonality is a historical tendency, not a prediction or investment advice. Consult a SEBI-registered adviser before investing.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI