MERCANTILE

Mercantile Ventures Share PriceMercantile Ventures

₹18.9
2.03 (12.03%)
As on 27 March, 2023 | 09:24 BSE: 538942 NSE: MERCANTILE

Mercantile Ventures Performance

Day Range

  • Low
  • High

52 Week Range

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

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Mercantile Ventures Share Price

  • Over 1 Month 5.29%
  • Over 3 Month 10.53%
  • Over 6 Month -6.9%
  • Over 1 Year 3.28%

Mercantile Ventures Key Statistics

Mercantile Ventures Investment Rating

  • Master Rating:
  • Mercantile Ventures has an operating revenue of Rs. 43.83 Cr. on a trailing 12-month basis. An annual revenue growth of 21% is outstanding, Pre-tax margin of 44% is great, ROE of 3% is fair but needs improvement. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 62 which is a FAIR score but needs to improve its earnings, a RS Rating of 46 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 129 indicates it belongs to a poor industry group of Real Estate Dvlpmt/Ops and a Master Score of E is 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

Mercantile Ventures Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 6544
Operating Expenses Qtr Cr 5443
Operating Profit Qtr Cr 1111
Depreciation Qtr Cr 0000
Interest Qtr Cr 0000
Tax Qtr Cr 1011
Net Profit Qtr Cr 2124

Mercantile Ventures Technicals

EMA & SMA

Current Price
₹18.9
2.03 (12.03%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 17.51
  • 50 Day
  • 17.85
  • 100 Day
  • 18.21
  • 200 Day
  • 18.44
  • 20 Day
  • 17.56
  • 50 Day
  • 17.89
  • 100 Day
  • 18.41
  • 200 Day
  • 18.55

Mercantile Ventures Resistance and Support

PIVOT
₹16.91
Resistance
First Resistance 16.97
Second Resistance 17.07
Third Resistance 17.13
RSI 39.83
MFI 43.43
MACD Single Line -0.15
MACD -0.2
Support
First Resistance 16.81
Second Resistance 16.75
Third Resistance 16.65

Mercantile Ventures Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,196 119,600 100
Week 3,628 238,986 65.88
1 Month 2,647 176,024 66.49
6 Month 3,621 268,725 74.22

Mercantile Ventures Result Highlights

Mercantile Ventures Synopsis

BSE-Real Estate Dvlpmt/Ops

Mercantile Ventures belongs to the Industry of Finance & Investments. Company’s Total Operating Revenue is Rs. 14.61 Cr. and Equity Capital is Rs. 111.92 Cr. for the Year ended 31/03/2022. Mercantile Ventures Ltd. is a Public Limited Listed company incorporated on 23/12/1985 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L65191TN1985PLC037309 and registration number is 037309.
Market Cap 189
Sales 18
Shares in Float 3.47
No of funds 1
Yield
Book Value 0.61
U/D Vol ratio 0.8
LTDebt / Equity
Alpha 0.01
Beta 0.64

Mercantile Ventures

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 69.43%69.43%69.43%
Financial Institutions/ Banks
Individual Investors 9.49%9.5%9.51%
Others 21.08%21.07%21.06%

Mercantile Ventures Management

Name Designation
Mr. E N Rangaswami Whole Time Director
Mr. A L Chandramouli Director
Ms. Sashikala Srikanth Director
Mr. B Narendran Director
Mr. G D Sharma Director
Mr. K Gopalakrishnan Director

Mercantile Ventures Forecast

Price Estimates

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

Other Analyst Rating

Mercantile Ventures FAQs

What is Share Price of Mercantile Ventures ?

Mercantile Ventures share price is ₹18 As on 27 March, 2023 | 09:10

What is the Market Cap of Mercantile Ventures ?

The Market Cap of Mercantile Ventures is ₹211.5 Cr As on 27 March, 2023 | 09:10

What is the P/E ratio of Mercantile Ventures ?

The P/E ratio of Mercantile Ventures is 19.4 As on 27 March, 2023 | 09:10

What is the PB ratio of Mercantile Ventures ?

The PB ratio of Mercantile Ventures is 0.6 As on 27 March, 2023 | 09:10

Q2FY23

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