Meera Industries
Meera Industries Performance
Day Range
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52 Week Range
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Start SIP in Meera Industries
Start SIPMeera Industries Investment Rating
-
Master Rating:
-
Meera Industries Ltd has an operating revenue of Rs. 20.42 Cr. on a trailing 12-month basis. An annual revenue de-growth of -35% needs improvement, Pre-tax margin of -7% needs improvement, ROE of -5% is poor and 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 below to its 200DMA and around 13% up from its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 3 which is a POOR score indicating inconsistency in earnings, a RS Rating of 21 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C- which is evident from recent supply seen, Group Rank of 59 indicates it belongs to a fair industry group of Machinery-Gen Industrial and a Master Score of D is close to being the worst. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment. Please note that this is a thinly traded stock.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 4 | 5 | 4 | 6 | 6 |
| Operating Expenses Qtr Cr | 4 | 5 | 5 | 5 | 6 |
| Operating Profit Qtr Cr | 0 | 0 | -1 | 0 | 0 |
| Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 |
| Interest Qtr Cr | 0 | 0 | 0 | 0 | 0 |
| Tax Qtr Cr | 0 | 0 | 0 | 0 | 0 |
| Net Profit Qtr Cr | -1 | 0 | -1 | 0 | 0 |
Meera Industries Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 13
- Bearish Moving Average
- ___
- 3
- 20 Day
- ₹45.29
- 50 Day
- ₹43.02
- 100 Day
- ₹44.08
- 200 Day
- ₹51.01
- 20 Day
- ₹45.24
- 50 Day
- ₹41.18
- 100 Day
- ₹40.67
- 200 Day
- ₹50.41
Meera Industries Resistance and Support
| Resistance | |
|---|---|
| First Resistance | ₹48.13 |
| Second Resistance | ₹49.74 |
| Third Resistance | ₹51.52 |
| RSI | 56.71 |
| MFI | 54.13 |
| MACD Single Line | 2.01 |
| MACD | 1.69 |
| Support | |
|---|---|
| First Resistance | ₹44.74 |
| Second Resistance | ₹42.96 |
| Third Resistance | ₹41.35 |
Meera Industries Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 2,204 | 209,005 | 94.83 |
| Week | 7,897 | 611,070 | 77.38 |
| 1 Month | 16,404 | 1,160,409 | 70.74 |
| 6 Month | 12,372 | 892,027 | 72.1 |
Meera Industries Result Highlights
Meera Industries Synopsis
BSE-Machinery-Gen Industrial
Meera Industries is involved in the business activities of Manufacture of machinery for washing, bleaching, dyeing, dressing, finishing coating or impregnating textile fabrics, machines for reeling, unreeling, folding, cutting or pinking textile fabrics, and similar machinery for fabric processing. Company’s Total Operating Revenue is Rs. 18.72 Cr. and Equity Capital is Rs. 10.68 Cr. for the Year ended 31/03/2023. Meera Industries Ltd. is a Public Limited Listed company incorporated on 05/07/2006 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L29298GJ2006PLC048627 and registration number is 048627.| Market Cap | 50 |
| Sales | 19 |
| Shares in Float | 0.38 |
| No of funds | |
| Yield | 1.09 |
| Book Value | 2.05 |
| U/D Vol ratio | 1 |
| LTDebt / Equity | |
| Alpha | -0.27 |
| Beta | 0.93 |
Meera Industries
| Owner Name | Mar-23 | Dec-22 | Sep-22 | Jun-22 |
|---|---|---|---|---|
| Promoters | 64.19% | 64.19% | 64.19% | 64.19% |
| Individual Investors | 32.12% | 32.33% | 32.09% | 34.41% |
| Others | 3.69% | 3.48% | 3.72% | 1.4% |
Meera Industries Management
| Name | Designation |
|---|---|
| Mr. Dharmesh V Desai | Chairman & Managing Director |
| Mrs. Bijal D Desai | Whole Time Director |
| CA. Mayank Y Desai | Non Executive Director |
| Mr. Hetal R Mehta | Independent Director |
| CA. Sanjay N Mehta | Independent Director |
Meera Industries Forecast
Price Estimates
Meera Industries Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-05-30 | Audited Results | |
| 2023-02-13 | Quarterly Results | |
| 2022-11-14 | Quarterly Results | |
| 2022-08-13 | Quarterly Results | |
| 2022-07-13 | Others | Inter alia, to consider and approve of Board of Directors Report for F.Y. 2021-2022 and other items mentioned in the notice. per share(12%)Final Dividend |
| Date | Purpose | Remarks |
|---|---|---|
| 2022-02-28 | INTERIM | Rs.0.50 per share(5%)Interim Dividend |
| 2021-09-24 | FINAL | Rs.0.70 per share(7%)Final Dividend |
Meera Industries FAQs
What is Share Price of Meera Industries ?
Meera Industries share price is ₹46 As on 06 June, 2023 | 01:13
What is the Market Cap of Meera Industries ?
The Market Cap of Meera Industries is ₹49.9 Cr As on 06 June, 2023 | 01:13
What is the P/E ratio of Meera Industries ?
The P/E ratio of Meera Industries is -36.9 As on 06 June, 2023 | 01:13
What is the PB ratio of Meera Industries ?
The PB ratio of Meera Industries is 2 As on 06 June, 2023 | 01:13