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Price Performance

  • Day's Low
  • ₹52.5
  • Day's High
  • ₹54.2
₹ 52.9
  • 52-w low
  • ₹34.3
  • 52-w high
  • ₹107
52.9
  • Day's open
    ₹54.2
  • Previous close
    ₹54.549999
  • VWAP
    ₹53.16
  • Lower price band
    ₹51.85
  • Upper price band
    ₹57.25

Today's Market Action

The last traded share price of Manaksia Steels Ltd was 52.90 down by -3.02% on the NSE. Its last traded stock price on BSE was 53.40 down by -1.31%. The total volume of shares on NSE and BSE combined was 64,277 shares. Its total combined turnover was Rs 0.34 crores.

Medium and Long Term Market Action

Manaksia Steels Ltd hit a 52-week high of 107 on 30-01-2024 and a 52-week low of 34.3 on 28-03-2023. The stock price of Manaksia Steels Ltd is down by -34% over the last one month. It is up by 41.44% over the last one year. Don't forget to check the full stock price history in the table below.

Fundamentals

  • Market Cap (Cr): 357

  • Book Value (₹):

  • Stock P/E:

  • Revenue (Cr):

  • Total Debt (Cr):

  • Face Value (₹):

  • Roce (%):

  • ROE (%):

  • Earnings (Cr):

  • Promoter’s Holdings (%):

  • EPS (₹):

  • Debt to Equity:

  • Dividend Yield (%):

  • Cash (Cr):

Mutual fund holdings and trends

FUND NAME Quantity Monthly Change (Qty)

Shareholding Pattern

Similar Stocks

Company Price Market Cap (Cr) P/E

About

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FAQ's

What is Share Price of Manaksia Steels Ltd?

What is the Market Cap of Manaksia Steels Ltd?

What is PE Ratio of Manaksia Steels Ltd?

What is PB Ratio of Manaksia Steels Ltd?

What is the CAGR of Manaksia Steels Ltd?

How to Buy Manaksia Steels Ltd Share?

(*All values are in Rs. Cr)
(*All values are in Rs. Cr)
(*All values are in Rs. Cr)
(*All values are in Rs. Cr)
(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Net Profit)

Standalone Financial Performace In Graph(Net Profit)

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Net Profit)

Standalone Financial Performace In Graph(Net Profit)

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Cash Flow)

Standalone Financial Performace In Graph(Cash Flow)

Pros

  • Momentum Strength
    The stock is currently exhibiting strong momentum, & is showing consistent strong relative strength.
  • Great Cash Conversion of Profits
    The business has a great cash conversion ratio since it is able to convert a signifant portion of operating earnings of 126.09% into operating cash flow. This implies a great working capital cycle and large cash flows for either funding growth or dividends. This shall positively impact shareholder returns.
  • Asset Light Business
    The company operates a great asset light business with a high Asset turnover ratio of 11.88. A high asset turnover ratio is a great driver of RoE and can improve shareholder returns. A relatively higher asset turnover ratio also will result in lower dilution as the business grows its revenues as earnings.
  • Zero Debt
    The company has almost nil to negligible debt to equity ratio of 0.04. Considering the fact that the business is debt free, equity shareholders shall carry lower risk of holding the stock.
  • Strong Working Capital Cycle
    The company has a great working capital cycle of 32 days which results in lower investments in working capital and higher asset turnover. This reduces capital requirement of the business and drives RoE and cash flow generation positively. This is extremely positive for long term shareholders of the business.
  • Above Average Growth Rate
    The company is estimated to grow its earnings at a reasonable rate over the next few years which will drive shareholder value creation
  • High Shareholder Pedigree
    The company has a solid long term shareholder base which reduces the degree of speculation and volatility in the stock. This works well for long term equity shareholders.

Cons

  • Low Sustainable RoE
    The company's sustainable return on equity is lower than the expected cost of capital which implies that the underlying business will destruct value over a period of time due to it's inability to generate superior returns on capital.
  • Low Return on Capital Employed
    The company is unable to generate sufficient return on capital employed which impairs it's ability to generate high return for shareholders after accounting for taxes, interest and other non-equity stakeholders.
  • Low Interest Coverage
    The company has a very low Interest coverage ratio of 8.50 times which implies that a large portion of operating profits are getting attributed to payment of interest to debtholders. This leaves lower earnings and cash flows for equity shareholders which is negative for returns.
  • Highly Cyclical Industry
    The company operates an extremely cyclical business with unpredictable earnings and cash flows. This shall result in very high stock price volatility and returns which would negatively impact shareholder returns.
  • Low Pricing Power & High Competition
    The business has extremely low pricing power and is vulnerable to competitive pressure which can significantly impact shareholder returns.

Valuation Analysis

Margin of safety
(19/03/2024)
Stock Valuation
Green line
99
100.00%
100.00% People are bullish about Manaksia Steels Ltd
0.00%
0.00 % People are bearish about Manaksia Steels Ltd

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Historical Data

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Manaksia Steels Ltd

52.90 -1.65 (-3.02%)

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