MEERA 540519

Meera Industries Share PriceMeera Industries

₹46.7
0.18 (0.39%)
As on 06 June, 2023 | 01:27 BSE: 540519 NSE: MEERA

Meera Industries Performance

Day Range

  • Low
  • High
46.7

52 Week Range

  • Low
  • High
46.7
  • Open Price
  • Previous Close
  • Volume

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Meera Industries Share Price

  • Over 1 Month 17.6%
  • Over 3 Month 13.96%
  • Over 6 Month -10.71%
  • Over 1 Year -48.02%

Meera Industries Key Statistics

Meera 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

Meera Industries Financials
IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 45466
Operating Expenses Qtr Cr 45556
Operating Profit Qtr Cr 00-100
Depreciation Qtr Cr 00000
Interest Qtr Cr 00000
Tax Qtr Cr 00000
Net Profit Qtr Cr -10-100

Meera Industries Technicals

EMA & SMA

Current Price
₹46.7
0.18 (0.39%)
  • 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

PIVOT
₹46.35
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 NameMar-23Dec-22Sep-22Jun-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

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

Other Analyst Rating

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

Q2FY23

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