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    3. Mercantile Share Price

    Mercantile Ventures Share PriceMercantile Ventures

    Small Cap 1.7k Result
    ₹22.62
    0.53 (2.4%)
    As on 06 December, 2023 | 16:35 BSE: 538942 NSE: MERCANTILEISIN: INE689O01013

    Mercantile Ventures Performance

    Day Range

    • Low
    • High
    ₹ 22.62

    52 Week Range

    • Low
    • High
    ₹ 22.62
    • Open Price
    • Previous Close
    • Volume

    Start SIP in Mercantile Ventures

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    Mercantile Ventures Share Price

    • Over 1 Month 5.26%
    • Over 3 Month -2.08%
    • Over 6 Month 35.45%
    • Over 1 Year 19.05%

    Mercantile Ventures Key Statistics

    Mercantile 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

    Mercantile Ventures Financials
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 7766544
    Operating Expenses Qtr Cr 6665443
    Operating Profit Qtr Cr 1101111
    Depreciation Qtr Cr 0000000
    Interest Qtr Cr 0000000
    Tax Qtr Cr 0301011
    Net Profit Qtr Cr 1-102124
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 2722
    Operating Expenses Annual Cr 1812
    Operating Profit Annual in Cr 23
    Depreciation Cr 11
    Interest Annual Cr 00
    Tax Annual Cr 22
    Net Profit Annual Cr 79
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr -1218
    Cash from Investing Activity Annual Cr 7-35
    Cash from Financing Annual Activity Cr 4
    Net Cash Flow Annual Cr -1-17
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 302311
    Fixed Assets Annual Cr 6162
    Total Non Current Assets Annual Cr 253188
    Total Current Assets Annual Cr 65139
    Total Assets Annual Cr 318327
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 2728
    ROE Annual % 23
    ROCE Annual % 23
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 4068
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 15141312111010
    Operating Expenses Qtr Cr 1413131210910
    Operating Profit Qtr Cr 1101110
    Depreciation Qtr Cr 0000000
    Interest Qtr Cr 0000000
    Tax Qtr Cr 0401013
    Net Profit Qtr Cr 1-1292225
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 5453
    Operating Expenses Annual Cr 4435
    Operating Profit Annual in Cr 32
    Depreciation Cr 11
    Interest Annual Cr 11
    Tax Annual Cr 25
    Net Profit Annual Cr 1611
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 21-6
    Cash from Investing Activity Annual Cr -26-10
    Cash from Financing Annual Activity Cr 4
    Net Cash Flow Annual Cr -1-16
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 330338
    Fixed Assets Annual Cr 7374
    Total Non Current Assets Annual Cr 261197
    Total Current Assets Annual Cr 85159
    Total Assets Annual Cr 350360
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 3030
    ROE Annual % 53
    ROCE Annual % 35
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 2150
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    Mercantile Ventures Technicals

    EMA & SMA

    Current Price
    ₹22.62
    0.53 (2.4%)
    • 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

    PIVOT
    ₹22.25
    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 NameSep-23Jun-23Mar-23Dec-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

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

    Other Analyst Rating

    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

    Q2FY23

    More Information

    CIN: L67190MH2007PLC289249 | Stock Broker SEBI Regn.: INZ000010231 | SEBI RA Regn.: INH000004680 | SEBI Depository Regn.: IN DP CDSL: IN-DP-192-2016 | AMFI REGN No.: ARN-104096 | NSE Member id: 14300 | BSE Member id: 6363 | MCX Member ID: 55945 | Investment Adviser Regn No: INA000014252 | Registered Address - IIFL House, Sun Infotech Park, Road no. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra - 400604

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