MIRC Electronics Share Price
Start SIP in MIRC Electronics
Start SIPMIRC Electronics Performance
Day Range
- Low 27
- High 28
52 Week Range
- Low 16
- High 33
- Open Price28
- Previous Close28
- Volume448490
Mirc Electronics Investment Rating
-
Master Rating:
-
Mirc Electronics (Nse) has an operating revenue of Rs. 1,012.36 Cr. on a trailing 12-month basis. An annual revenue de-growth of -12% needs improvement, Pre-tax margin of -6% needs improvement, ROE of -48% is poor and needs improvement. The company has a reasonable debt to equity of 12%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 20% and 31% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -7% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 27 which is a POOR score indicating inconsistency in earnings, a RS Rating of 61 which is FAIR indicating the recent price performance, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 30 indicates it belongs to a strong industry group of Hsehold-Appliances/Wares and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 228 | 297 | 295 | 193 | 183 | 225 |
| Operating Expenses Qtr Cr | 223 | 343 | 288 | 196 | 187 | 225 |
| Operating Profit Qtr Cr | 5 | -46 | 7 | -3 | -3 | 0 |
| Depreciation Qtr Cr | 2 | 2 | 2 | 2 | 2 | 3 |
| Interest Qtr Cr | 3 | 4 | 4 | 4 | 3 | 4 |
| Tax Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit Qtr Cr | 0 | -51 | 2 | -6 | -6 | -7 |
MIRC Electronics Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 11
- Bearish Moving Average
- ___
- 5
- 20 Day
- ₹27.07
- 50 Day
- ₹24.76
- 100 Day
- ₹23.35
- 200 Day
- ₹21.97
- 20 Day
- ₹26.86
- 50 Day
- ₹23.57
- 100 Day
- ₹22.83
- 200 Day
- ₹21.52
MIRC Electronics Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 28.19 |
| Second Resistance | 28.89 |
| Third Resistance | 29.48 |
| RSI | 55.14 |
| MFI | 85.46 |
| MACD Single Line | 1.77 |
| MACD | 1.58 |
| Support | |
|---|---|
| First Support | 26.90 |
| Second Support | 26.31 |
| Third Supoort | 25.61 |
MIRC Electronics Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 506,075 | 50,607,500 | 100 |
| Week | 863,150 | 86,314,980 | 100 |
| 1 Month | 3,632,620 | 213,743,347 | 58.84 |
| 6 Month | 1,678,830 | 109,728,321 | 65.36 |
MIRC Electronics Result Highlights
MIRC Electronics Synopsis
NSE-Hsehold-Appliances/Wares
Mirc Electronics is involved in the business activities of Manufacture of consumer electronics. Company’s Total Operating Revenue is Rs. 1110.23 Cr. and Equity Capital is Rs. 23.11 Cr. for the Year ended 31/03/2023. MIRC Electronics Ltd. is a Public Limited Listed company incorporated on 01/01/1981 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L32300MH1981PLC023637 and registration number is 023637.| Market Cap | 635 |
| Sales | 1,012 |
| Shares in Float | 10.85 |
| No of funds | 15 |
| Yield |
| Book Value | 4.95 |
| U/D Vol ratio | 2.4 |
| LTDebt / Equity | 12 |
| Alpha | -0.07 |
| Beta | 1.59 |
MIRC Electronics Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 53.36% | 53.36% | 53.36% | 53.36% |
| Mutual Funds | ||||
| Foreign Portfolio Investors | 0.01% | 0.99% | 0.99% | |
| Financial Institutions/ Banks | ||||
| Individual Investors | 38.86% | 38.59% | 36.64% | 36.01% |
| Others | 7.78% | 8.04% | 9.01% | 9.64% |
MIRC Electronics Management
| Name | Designation |
|---|---|
| Mr. Gulu L Mirchandani | Chairman & Managing Director |
| Mr. Vijay J Mansukhani | Managing Director |
| Mr. Kaval Mirchandani | Whole Time Director |
| Mr. Shirish Suvagia | WholeTime Director & CFO |
| Mr. Rafique Malik | Independent Director |
| Mr. Carlton Pereira | Independent Director |
| Mr. Arvind Sharma | Independent Director |
| Ms. Mohita Arora | Independent Director |
MIRC Electronics Forecast
Price Estimates
MIRC Electronics Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-09-02 | Rights issue of Equity Shares | |
| 2024-08-13 | Quarterly Results | |
| 2024-05-14 | Audited Results | |
| 2024-02-08 | Quarterly Results | |
| 2023-11-02 | Quarterly Results & ESOP |
MIRC Electronics FAQs
What is Share Price of MIRC Electronics ?
MIRC Electronics share price is ₹27 As on 08 September, 2024 | 14:50
What is the Market Cap of MIRC Electronics ?
The Market Cap of MIRC Electronics is ₹635.1 Cr As on 08 September, 2024 | 14:50
What is the P/E ratio of MIRC Electronics ?
The P/E ratio of MIRC Electronics is -11.4 As on 08 September, 2024 | 14:50
What is the PB ratio of MIRC Electronics ?
The PB ratio of MIRC Electronics is 4.9 As on 08 September, 2024 | 14:50