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Manaksia Steels Ltd Price Performance

  • Day's Low
  • ₹59.1
  • Day's High
  • ₹63
₹ 62.08
  • 52-w low
  • ₹43.4
  • 52-w high
  • ₹107
62.08
  • Day's open
    ₹59.34
  • Previous close
    ₹59.34
  • VWAP
    ₹60.53
  • Lower price band
    ₹55.87
  • Upper price band
    ₹68.28

Today's Market Action

The last traded share price of Manaksia Steels Ltd was 62.08 up by 4.62% on the NSE. Its last traded stock price on BSE was 63.10 up by 6.01%. The total volume of shares on NSE and BSE combined was 76,181 shares. Its total combined turnover was Rs 0.46 crores.

Manaksia Steels Ltd Medium and Long Term Market Action

Manaksia Steels Ltd hit a 52-week high of 107 on 30-01-2024 and a 52-week low of 43.4 on 21-12-2023. The stock price of Manaksia Steels Ltd is down by -10% over the last one month. It is up by 38.11% over the last one year. Don't forget to check the full stock price history in the table below.

Manaksia Steels Ltd Fundamentals

  • Market Cap (Cr): 406

  • Book Value (₹):

  • Stock P/E:

  • Revenue (Cr):

  • Total Debt (Cr):

  • Face Value (₹):

  • Roce (%):

  • ROE (%):

  • Earnings (Cr):

  • Promoter’s Holdings (%):

  • EPS (₹):

  • Debt to Equity:

  • Dividend Yield (%):

  • Cash (Cr):

Manaksia Steels Ltd Mutual fund holdings and trends

FUND NAME Quantity Monthly Change (Qty)

Manaksia Steels Ltd Shareholding Pattern

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Company Price Market Cap (Cr) P/E

About Manaksia Steels Ltd

Data not available.

Manaksia Steels Ltd FAQ's

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Financials

(*All values are in Rs. Cr)
(*All values are in Rs. Cr)
(*All values are in Rs. Cr)
(*All values are in Rs. Cr)
(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Net Profit)

Standalone Financial Performace In Graph(Net Profit)

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Net Profit)

Standalone Financial Performace In Graph(Net Profit)

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Cash Flow)

Standalone Financial Performace In Graph(Cash Flow)

News

Review

Pros

  • Asset Light Business
    The company operates a great asset light business with a high Asset turnover ratio of 5.56. A high asset turnover ratio is a great driver of RoE and can improve shareholder returns. A relatively higher asset turnover ratio also will result in lower dilution as the business grows its revenues as earnings.

Cons

  • Low Sustainable RoE
    The company's sustainable return on equity is lower than the expected cost of capital which implies that the underlying business will destruct value over a period of time due to it's inability to generate superior returns on capital.
  • Low Return on Capital Employed
    The company is unable to generate sufficient return on capital employed which impairs it's ability to generate high return for shareholders after accounting for taxes, interest and other non-equity stakeholders.
  • Poor Cash Flow Conversion
    The business has very poor cash conversion ratio of only -96.08% of operating earnings getting converted into operating cash flow. This implies that increase in profits has not translated into higher cash flows for the business and incrementally higher investments in working capital which works negatively for shareholders.
  • Low Interest Coverage
    The company has a very low Interest coverage ratio of 4.57 times which implies that a large portion of operating profits are getting attributed to payment of interest to debtholders. This leaves lower earnings and cash flows for equity shareholders which is negative for returns.
  • Highly Cyclical Industry
    The company operates an extremely cyclical business with unpredictable earnings and cash flows. This shall result in very high stock price volatility and returns which would negatively impact shareholder returns.
  • Low Pricing Power & High Competition
    The business has extremely low pricing power and is vulnerable to competitive pressure which can significantly impact shareholder returns.
  • Below Average Growth Rate
    The company is estimated to grow at a slow pace which will impair wealth creation for shareholders.

Valuation Analysis

Margin of safety
(17/11/2024)
Stock Valuation
Green line
101
100.00%
100.00% People are bullish about Manaksia Steels Ltd
0.00%
0.00 % People are bearish about Manaksia Steels Ltd

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Historical Data

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Manaksia Steels Ltd

62.08 +2.74 (4.62%)

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