Mercantile Ventures
Mercantile Ventures Performance
Day Range
- Low
- High
52 Week Range
- Low
- High
- Open Price
- Previous Close
- Volume
Start SIP in Mercantile Ventures
Start SIPMercantile Ventures Investment Rating
-
Master Rating:
-
Mercantile Ventures has an operating revenue of Rs. 54.39 Cr. on a trailing 12-month basis. An annual revenue growth of 1% is not great, Pre-tax margin of 19% is great, ROE of 4% is fair but needs improvement. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 13% 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 18% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 23 which is a POOR score indicating inconsistency in earnings, a RS Rating of 44 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D+ which indicates heavy supply, Group Rank of 44 indicates it belongs to a fair industry group of Real Estate Dvlpmt/Ops and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
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 | 7 | 7 | 6 | 6 | 5 | 4 | 4 |
Operating Expenses Qtr Cr | 6 | 6 | 6 | 5 | 4 | 4 | 3 |
Operating Profit Qtr Cr | 1 | 1 | 0 | 1 | 1 | 1 | 1 |
Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Qtr Cr | 0 | 3 | 0 | 1 | 0 | 1 | 1 |
Net Profit Qtr Cr | 1 | -1 | 0 | 2 | 1 | 2 | 4 |
Mercantile Ventures Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 0
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹22.07
- 50 Day
- ₹21.90
- 100 Day
- ₹21.29
- 200 Day
- ₹20.34
- 20 Day
- ₹22.10
- 50 Day
- ₹22.05
- 100 Day
- ₹21.40
- 200 Day
- ₹19.53
Mercantile Ventures Resistance and Support
Resistance | |
---|---|
First Resistance | 22.84 |
Second Resistance | 23.58 |
Third Resistance | 24.18 |
RSI | 50.44 |
MFI | 55.26 |
MACD Single Line | 0.05 |
MACD | 0.06 |
Support | |
---|---|
First Resistance | 21.50 |
Second Resistance | 20.90 |
Third Resistance | 20.16 |
Mercantile Ventures Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 1,892 | 146,403 | 77.38 |
Week | 6,405 | 539,271 | 84.19 |
1 Month | 6,468 | 502,334 | 77.66 |
6 Month | 10,727 | 766,572 | 71.46 |
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. 20.77 Cr. and Equity Capital is Rs. 111.92 Cr. for the Year ended 31/03/2023. 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 | 253 |
Sales | 26 |
Shares in Float | 3.02 |
No of funds | 1 |
Yield |
Book Value | 0.77 |
U/D Vol ratio | 0.7 |
LTDebt / Equity | |
Alpha | 0.05 |
Beta | 0.69 |
Mercantile Ventures
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 72.75% | 72.75% | 72.75% | 69.43% |
Financial Institutions/ Banks | ||||
Individual Investors | 9.5% | 9.51% | 9.48% | 9.49% |
Others | 17.75% | 17.74% | 17.77% | 21.08% |
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
Mercantile Ventures Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-11-10 | Quarterly Results | |
2023-08-14 | Quarterly Results | |
2023-05-26 | Audited Results | |
2023-02-14 | Quarterly Results | |
2022-08-12 | Quarterly Results |
Mercantile Ventures FAQs
What is Share Price of Mercantile Ventures ?
Mercantile Ventures share price is ₹22 As on 06 December, 2023 | 16:21
What is the Market Cap of Mercantile Ventures ?
The Market Cap of Mercantile Ventures is ₹253.2 Cr As on 06 December, 2023 | 16:21
What is the P/E ratio of Mercantile Ventures ?
The P/E ratio of Mercantile Ventures is 162.1 As on 06 December, 2023 | 16:21
What is the PB ratio of Mercantile Ventures ?
The PB ratio of Mercantile Ventures is 0.7 As on 06 December, 2023 | 16:21