Manaksia Steels
Manaksia Steels Performance
Day Range
- Low 44.40
- High 46.30
52 Week Range
- Low 31.80
- High 54.70
- Open Price46.30
- Previous Close45.90
- Volume230971
Start SIP in Manaksia Steels
Start SIPManaksia Steels Investment Rating
-
Master Rating:
-
Manaksia Steels has an operating revenue of Rs. 776.19 Cr. on a trailing 12-month basis. An annual revenue growth of 21% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 4% is fair but needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 7% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 16% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 97 which is a GREAT score indicating consistency in earnings, a RS Rating of 39 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 54 indicates it belongs to a fair industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 155 | 206 | 210 | 129 | 134 | 168 | 169 |
Operating Expenses Qtr Cr | 146 | 194 | 202 | 127 | 130 | 154 | 156 |
Operating Profit Qtr Cr | 8 | 12 | 8 | 2 | 4 | 14 | 13 |
Depreciation Qtr Cr | 1 | 1 | 1 | 1 | 1 | 0 | 1 |
Interest Qtr Cr | 0 | 1 | 1 | 1 | 0 | 3 | 0 |
Tax Qtr Cr | 3 | 3 | 2 | 1 | 1 | 1 | 4 |
Net Profit Qtr Cr | 9 | 10 | 5 | 3 | 3 | 11 | 8 |
Manaksia Steels Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 5
- Bearish Moving Average
- ___
- 11
- 20 Day
- ₹45.44
- 50 Day
- ₹45.40
- 100 Day
- ₹44.90
- 200 Day
- ₹43.41
- 20 Day
- ₹45.27
- 50 Day
- ₹45.39
- 100 Day
- ₹45.93
- 200 Day
- ₹42.71
Manaksia Steels Resistance and Support
Resistance | |
---|---|
First Resistance | 46.13 |
Second Resistance | 47.17 |
Third Resistance | 48.03 |
RSI | 48.28 |
MFI | 55.14 |
MACD Single Line | 0.17 |
MACD | 0.30 |
Support | |
---|---|
First Resistance | 44.23 |
Second Resistance | 43.37 |
Third Resistance | 42.33 |
Manaksia Steels Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 240,792 | 14,673,864 | 60.94 |
Week | 149,076 | 10,287,752 | 69.01 |
1 Month | 124,176 | 7,209,659 | 58.06 |
6 Month | 197,287 | 11,109,247 | 56.31 |
Manaksia Steels Result Highlights
Manaksia Steels Synopsis
NSE-Steel-Producers
Manaksia Steels is involved in the business activities of Manufacture of hot-rolled and cold-rolled products of steel. Company’s Total Operating Revenue is Rs. 641.48 Cr. and Equity Capital is Rs. 6.55 Cr. for the Year ended 31/03/2023. Manaksia Steels Ltd. is a Public Limited Listed company incorporated on 07/06/2001 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L27101WB2001PLC138341 and registration number is 138341.Market Cap | 295 |
Sales | 700 |
Shares in Float | 1.64 |
No of funds | 4 |
Yield |
Book Value | 1.07 |
U/D Vol ratio | 1 |
LTDebt / Equity | |
Alpha | 0.11 |
Beta | 1.38 |
Manaksia Steels
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 74.75% | 74.75% | 74.75% | 74.75% |
Foreign Portfolio Investors | 0.96% | 0.73% | 0.12% | 0.1% |
Financial Institutions/ Banks | ||||
Individual Investors | 17.26% | 17.5% | 16.95% | 21.84% |
Others | 7.03% | 7.02% | 8.18% | 3.31% |
Manaksia Steels Management
Name | Designation |
---|---|
Mr. Varun Agrawal | Managing Director |
Mr. Suresh Kumar Agrawal | Director |
Mr. Ajay Kumar Chakraborty | Director |
Mr. Ramesh Kumar Maheshwari | Director |
Dr. Kali Kumar Chaudhuri | Director |
Mr. Mrinal Kanti Pal | Director |
Mrs. Nidhi Baheti | Director |
Manaksia Steels Forecast
Price Estimates
Manaksia Steels Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-11-08 | Quarterly Results | |
2023-08-08 | Quarterly Results & A.G.M. | |
2023-05-25 | Audited Results | |
2023-02-14 | Quarterly Results | |
2022-11-10 | Quarterly Results |
Manaksia Steels FAQs
What is Share Price of Manaksia Steels ?
Manaksia Steels share price is ₹45 As on 01 December, 2023 | 02:17
What is the Market Cap of Manaksia Steels ?
The Market Cap of Manaksia Steels is ₹295.6 Cr As on 01 December, 2023 | 02:17
What is the P/E ratio of Manaksia Steels ?
The P/E ratio of Manaksia Steels is 10.5 As on 01 December, 2023 | 02:17
What is the PB ratio of Manaksia Steels ?
The PB ratio of Manaksia Steels is 1 As on 01 December, 2023 | 02:17