MFL

Meghmani Finechem Share PriceMeghmani Finechem

₹868.45
-16.25 (-1.84%)
As on 24 March, 2023 | 21:13 BSE: 543332 NSE: MFL

Meghmani Finechem Performance

Day Range

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52 Week Range

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  • High
  • Open Price
  • Previous Close
  • Volume

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Meghmani Finechem Share Price

  • Over 1 Month -15.2%
  • Over 3 Month -27.27%
  • Over 6 Month -45.27%
  • Over 1 Year -12.14%

Meghmani Finechem Key Statistics

P/E Ratio 9.6
PEG Ratio 0.1
Market Cap Cr 3,608
Price to Book Ratio 5
EPS 60.9
Dividend 0.3
Relative Strength Index 27.34
Money Flow Index 34.63
MACD Signal -40.36
Average True Range 35.48

Meghmani Finechem Investment Rating

  • Master Rating:
  • Meghmani Finechem has an operating revenue of Rs. 2,125.02 Cr. on a trailing 12-month basis. An annual revenue growth of 87% is outstanding, Pre-tax margin of 25% is great, ROE of 34% is exceptional. The company has a high debt to equity of 106%, which can be a reason to worry. 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 96 which is a GREAT score indicating consistency in earnings, a RS Rating of 14 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at E which indicates heavy supply, Group Rank of 118 indicates it belongs to a poor industry group of Chemicals-Specialty and a Master Score of C is fair but needs to improve. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Meghmani Finechem Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 538556533499
Operating Expenses Qtr Cr 371375345324
Operating Profit Qtr Cr 167180187175
Depreciation Qtr Cr 31262221
Interest Qtr Cr 21141112
Tax Qtr Cr 37504945
Net Profit Qtr Cr 779210899

Meghmani Finechem Technicals

EMA & SMA

Current Price
₹868.45
-16.25 (-1.84%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • 947.78
  • 50 Day
  • 1026.24
  • 100 Day
  • 1116.64
  • 200 Day
  • 1157.06
  • 20 Day
  • 963.94
  • 50 Day
  • 1028.29
  • 100 Day
  • 1132.6
  • 200 Day
  • 1291.21

Meghmani Finechem Resistance and Support

PIVOT
₹889.99
Resistance
First Resistance 897.42
Second Resistance 910.14
Third Resistance 917.57
RSI 27.34
MFI 34.64
MACD Single Line -40.36
MACD -48.14
Support
First Resistance 877.27
Second Resistance 869.84
Third Resistance 857.12

Meghmani Finechem Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 54,897 3,419,534 62.29
Week 66,272 2,631,677 39.71
1 Month 49,777 2,234,511 44.89
6 Month 88,312 4,057,918 45.95

Meghmani Finechem Result Highlights

Meghmani Finechem Synopsis

NSE-Chemicals-Specialty

Meghmani Finechem is involved in the business activities of Manufacture of organic and inorganic chemical compounds. Company’s Total Operating Revenue is Rs. 1550.94 Cr. and Equity Capital is Rs. 41.55 Cr. for the Year ended 31/03/2022. Meghmani Finechem Ltd. is a Public Limited Listed company incorporated on 11/09/2007 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L24100GJ2007PLC051717 and registration number is 051717.
Market Cap 3,608
Sales 2,125
Shares in Float 1.20
No of funds 57
Yield 0.28
Book Value 4.97
U/D Vol ratio 0.5
LTDebt / Equity 106
Alpha 0.02
Beta 1.35

Meghmani Finechem

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 71.21%71.12%71.11%
Mutual Funds 0.01%
Foreign Portfolio Investors 1.15%1.4%1.38%
Individual Investors 21.43%21.05%21.25%
Others 6.21%6.43%6.25%

Meghmani Finechem Management

Name Designation
Mr. Maulik Jayantibhai Patel Chairman & Managing Director
Mr. Kaushal Ashish Soparkar Managing Director & CEO
Mr. Ankit Natwarlal Patel Executive Director
Mr. Karana Rameshbhai Patel Executive Director
Mr. Darshan Anandbhai Patel Executive Director
Mr. Nirali Parikh Independent Director
Mr. Manubhai Patel Independent Director
Mr. Sanjay Asher Independent Director
Mr. Kanubhai Shakarabhai Patel Independent Director
Mr. Raju Swamy Independent Director

Meghmani Finechem Forecast

Price Estimates

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

Other Analyst Rating

Meghmani Finechem MF Shareholding

Name Amount(cr)
Taurus Discovery (Midcap) Fund - Growth Option 74
Taurus Infrastructure Fund - Growth Option 5

Meghmani Finechem FAQs

What is Share Price of Meghmani Finechem ?

Meghmani Finechem share price is ₹868 As on 24 March, 2023 | 20:59

What is the Market Cap of Meghmani Finechem ?

The Market Cap of Meghmani Finechem is ₹3608.4 Cr As on 24 March, 2023 | 20:59

What is the P/E ratio of Meghmani Finechem ?

The P/E ratio of Meghmani Finechem is 9.6 As on 24 March, 2023 | 20:59

What is the PB ratio of Meghmani Finechem ?

The PB ratio of Meghmani Finechem is 5 As on 24 March, 2023 | 20:59

Q2FY23

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