Mahickra Chemicals Share PriceMahickra Chemicals

₹85.00
1.05 (1.25%)
As on 27 September, 2023 | 17:09 BSE: NSE: MAHICKRAISIN: INE961Y01015

Mahickra Chemicals Performance

Day Range

  • Low 83
  • High 85
85.00

52 Week Range

  • Low 64.9
  • High 105
85.00
  • Open Price83
  • Previous Close83.95
  • Volume9000

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Mahickra Chemicals Share Price

  • Over 1 Month 4.94%
  • Over 3 Month 6.85%
  • Over 6 Month -10.62%
  • Over 1 Year 24.91%

Mahickra Chemicals Key Statistics

P/E Ratio
PEG Ratio
Market Cap Cr 69
Price to Book Ratio 2.1
EPS 4.2
Dividend 0.8
Relative Strength Index 54.98
Money Flow Index 56
MACD Signal -0.55
Average True Range 1.84

Mahickra Chemicals Investment Rating

  • Master Rating:
  • Mahickra Chemicals has an operating revenue of Rs. 205.33 Cr. on a trailing 12-month basis. An annual revenue de-growth of 0% needs improvement, Pre-tax margin of 4% needs improvement, ROE of 10% is good. The company has a reasonable debt to equity of 3%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its key moving averages, around 1% and 1% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 20% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 74 which is a FAIR score but needs to improve its earnings, a RS Rating of 30 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 148 indicates it belongs to a poor industry group of Chemicals-Specialty and a Master Score of D is close to being the worst. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Mahickra Chemicals Financials
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 107106
Operating Expenses Annual Cr 101101
Operating Profit Annual in Cr 22
Depreciation Cr 10
Interest Annual Cr 11
Tax Annual Cr 11
Net Profit Annual Cr 33
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 23
Cash from Investing Activity Annual Cr -1-1
Cash from Financing Annual Activity Cr -1-2
Net Cash Flow Annual Cr 00
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 3230
Fixed Assets Annual Cr 55
Total Non Current Assets Annual Cr 55
Total Current Assets Annual Cr 5960
Total Assets Annual Cr 6565
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 4037
ROE Annual % 1011
ROCE Annual % 1617
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 66
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 107106
Operating Expenses Annual Cr 101101
Operating Profit Annual in Cr 22
Depreciation Cr 10
Interest Annual Cr 11
Tax Annual Cr 11
Net Profit Annual Cr 33
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 23
Cash from Investing Activity Annual Cr -1-1
Cash from Financing Annual Activity Cr -1-2
Net Cash Flow Annual Cr 00
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 3230
Fixed Assets Annual Cr 55
Total Non Current Assets Annual Cr 55
Total Current Assets Annual Cr 5960
Total Assets Annual Cr 6565
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 4037
ROE Annual % 1011
ROCE Annual % 1617
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 66

Mahickra Chemicals Technicals

EMA & SMA

Current Price
₹85.00
1.05 (1.25%)
  • Bullish Moving Average
  • ___
  • 14
  • Bearish Moving Average
  • ___
  • 2
  • 20 Day
  • ₹82
  • 50 Day
  • ₹83.2
  • 100 Day
  • ₹84.46
  • 200 Day
  • ₹83.78
  • 20 Day
  • ₹81.9
  • 50 Day
  • ₹82.34
  • 100 Day
  • ₹87.48
  • 200 Day
  • ₹83

Mahickra Chemicals Resistance and Support

PIVOT
₹83.92
Resistance
First Resistance ₹83.99
Second Resistance ₹84.02
Third Resistance ₹84.09
RSI 54.98
MFI 56
MACD Single Line -0.55
MACD -0.17
Support
First Resistance ₹83.89
Second Resistance ₹83.82
Third Resistance ₹83.79

Mahickra Chemicals Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 9,000 900,000 100
Week 13,500 1,050,030 77.78
1 Month
6 Month 4,244 375,628 88.51

Mahickra Chemicals Result Highlights

Mahickra Chemicals Synopsis

NSE-Chemicals-Specialty

Mahickra Chemicals is involved in the business activities of Manufacture of dyes and pigments from any source in basic form or as concentrate. Company’s Total Operating Revenue is Rs. 103.03 Cr. and Equity Capital is Rs. 8.12 Cr. for the Year ended 31/03/2023. Mahickra Chemicals Ltd. is a Public Limited Listed company incorporated on 05/09/2017 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L24304GJ2017PLC099781 and registration number is 099781.
Market Cap 69
Sales 103
Shares in Float 0.38
No of funds 1
Yield 0.77
Book Value 2.1
U/D Vol ratio 1.5
LTDebt / Equity 3
Alpha 0.18
Beta -0.22

Mahickra Chemicals

Owner NameMar-23Sep-22
Promoters 53.05%52.18%
Foreign Portfolio Investors 0.59%0.59%
Financial Institutions/ Banks
Individual Investors 31.9%32.68%
Others 14.46%14.55%

Mahickra Chemicals Management

Name Designation
Mr. Miteshkumar C Gandhi Chairman & Managing Director
Mr. Ashishkumar C Gandhi Whole Time Director
Mrs. Komal Miteshkumar Gandhi Whole Time Director
Ms. Vrusha A Patel Independent Director
Mr. Akhil S Shah Independent Director
Mr. Dhanik J Mehta Independent Director

Mahickra Chemicals Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Mahickra Chemicals Corporate Action

Date Purpose Remarks
2023-05-15 Audited Results (Revised)
2022-11-10 Quarterly Results (Revised)
2022-02-16 Interim dividend
2021-10-27 Quarterly Results
2021-10-08 Interim dividend
Date Purpose Remarks
2023-03-03 INTERIM Declared Interim Dividend of 0.65 per equity share.
2022-02-25 INTERIM Declared Interim Dividend of 0.40 per equity share
2021-10-20 INTERIM Declared Interim Dividend of 0.25 per equity share.
2021-03-05 INTERIM Declared Interim Dividend of 0.20 per equity share.
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Mahickra Chemicals FAQs

What is Share Price of Mahickra Chemicals ?

Mahickra Chemicals share price is ₹85 As on 27 September, 2023 | 16:55

What is the Market Cap of Mahickra Chemicals ?

The Market Cap of Mahickra Chemicals is ₹69 Cr As on 27 September, 2023 | 16:55

What is the P/E ratio of Mahickra Chemicals ?

The P/E ratio of Mahickra Chemicals is As on 27 September, 2023 | 16:55

What is the PB ratio of Mahickra Chemicals ?

The PB ratio of Mahickra Chemicals is 2.1 As on 27 September, 2023 | 16:55

Q2FY23