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Manaksia Coated Metals & Industries Ltd Performance

Today's Low
50.10
arrowIcon
Today's High
53.60
52 Wk Low
15.00
arrowIcon
52 Wk High
55.20


Open

50.55

Traded Value (Cr)

1.04 Cr

Prev. Close

51.05

VWAP

51.36

Volume

1,93,271

Face Value

1

Manaksia Coated Metals & Industries Ltd Fundamentals

Market Cap
₹ 397 Cr
P/E Ratio (TTM)
39.90
P/B Ratio
2.90
Debt to Equity
1.53
ROE
5.05 %
EPS (TTM)
1.34
Dividend Yield
0.05%
Book Value
18.45

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Manaksia Coated Metals & Industries Ltd Financials

Manaksia Coated Metals & Industries Ltd Financials

Manaksia Coated Metals & Industries Ltd Shareholding Pattern

Held By Mar 2024 Jan 2024 Dec 2023 Sep 2023
Promoters 69.19 % 69.19 % 67.43 % 67.43 %
Retail 20.67 % 20.57 % 23.38 % 23.59 %
Others 10.13 % 10.24 % 9.19 % 8.98 %
FII 0.00 % 0.00 % 0.00 % 0.00 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

69.19%

Retail

20.67%

Others

10.13%

FII

0.00%

Mutual Funds

0.00%

Promoters

69.19%

Retail

20.57%

Others

10.24%

FII

0.00%

Mutual Funds

0.00%

Promoters

67.43%

Retail

23.38%

Others

9.19%

FII

0.00%

Mutual Funds

0.00%

Promoters

67.43%

Retail

23.59%

Others

8.98%

FII

0.00%

Mutual Funds

0.00%

Resistance and Support

₹53.57

PIVOT

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Resistance
First Resistance₹55.083
Second Resistance₹56.717
Third Resistance₹58.233
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Support
First Resistance₹51.933
Second Resistance₹50.417
Third Resistance₹48.783
RSI79.921
MACD7.793
ADX62.194
CCI78.228

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day193,271129,05865.55
Week242,603163,54267.98
1 Month332,825204,75866.06
6 Months193,271150,34377.79

About Manaksia Coated Metals & Industries Ltd

Manaksia Coated Metals & Industries Limited (MCMIL) was incorporated in March 25th, 2010. The Company is a prominent manufacturer and exporter of coated metal products and FMCGs products. The Company manufactures Colour Coated Galvanised Steel and Plain Galvanised Steel, in coil & sheet forms. All value added steel products are manufactured at the company's facility in Kutch, Gujarat. Galvanised and Colour Coated Steel products of the company are the new age building materials widely used in various applications for construction, automotive, appliances and general engineering industries. The company is a part of the conglomerate Manaksia Group, headquartered in Kolkata. Its sister concern, Manaksia Aluminum Co. Ltd., operates a large aluminum sheet & coil manufacturing facility at Haldia, in West Bengal, producing flat aluminum products of various specialized grades. The company has been operating its steel plant in Kutch, Gujarat since 2006, with a current production capacity of 120,000 tonnes per annum (TPA). The manufacturing facility encompasses a Color Coating Line, and a new state-of-the-art Galvanizing Line. Further, the expansions consisting in setting up a new Cold Rolling Complex towards backward integration as well as a second appliance grade Color Coating Line focusing on capacity enhancement are already under progress. Upon completion, the plants production capacity will have increased to 180,000 TPA. The company's business model evolves around offering highly value-added steel products. Plant and Machinery required to manufacture such products are far more modern and technologically advanced. The manufacturing of these products requires great attention to ensure that the required characteristics by the customers are achieved. Various special input raw materials like paint and chemicals are regularly purchased from internationally renowned leading manufacturers and global experts like Nippon Paints, Kansai Nerolac, HENKEL and BASF etc. This high versatility in product characteristics makes it possible for the company to offer tailor made solutions as per each customer 's requirement. Apart from the metals operation in Kutch, the company produces Mosquito Repellent Coils in Bhopal, Guwahati, and Hyderabad, and has also started a contract manufacturing operation with Reckitt Benckiser to produce Ultramarine Blue Powder in Bhopal. With a focus on producing the best quality of products, the company is accredited with the ISO 9001:2015, ISO 14001:2015, and OHSAS 18001:2007 certifications. Targeting the FMCGs sector and the general engineering, home appliances, and construction segments, the company has gained the trust of customers all over India as well as in Europe, Russia, Africa, and the Middle East. The company has a significant logistical advantage for reaching its customers with its wide range of products. The Kutch manufacturing facility is situated close to the Kandla and Mundra Port in Gujarat, which is one of the major ports in the West Coast of India. Warehouses located in Cochin, Bhopal, and Hyderabad further strengthen the company's supply network across India. The Company has a vision to touch the lives of millions of people with the steel it produces. It ensures the packing of the product is done in compliance with the customer's requirement and international norms. The packaging is prioritized to prevent any damage during transport and remain durable. It is also done in a manner that facilitates easy handling of the material. Apart from physical packaging, the company's product is marked with tags containing all the necessary information for easy identification, including material specification, size, destination, net weight, gross weight and coil number. The Company strives for excellence across all the operations, which allows to maintain quality at competitive prices.

Managing Director

Sushil Kumar Agrawal

Founded

2010

NSE Symbol

MANAKCOAT

Manaksia Coated Metals & Industries Ltd Management

NameDesignation
Debasis BanerjeeWhole-time Director
Gargi SinghNon Executive Director
Karan AgrawalWTD & Executive Director
Siddhartha Shankar RoyChairman & Non Executive Dir.
Sushil Kumar AgrawalED / MD / Promoter
Venkata Srinarayana AddankiWhole-time Director
Probir Kumar ChaudhuryIndependent Non Exe. Director
Siddhartha SenguptaIndependent Non Exe. Director

Manaksia Coated Metals & Industries Ltd News

Manaksia Coated Metals & Industries to conduct board meeting
On 10 May 2024
Manaksia Coated Metals & Industries consolidated net profit rises 1828.57% in the December 2023 quarter
Sales rise 7.88% to Rs 190.86 crore
Manaksia Coated Metals & Industries to discuss results
On 9 February 2024
Manaksia Coated Metals & Industries consolidated net profit rises 171.62% in the September 2023 quarter
Sales rise 30.79% to Rs 194.53 crore
Manaksia Coated Metals & Industries to declare Quarterly Result
On 8 November 2023
Manaksia Coated Metals & Industries to conduct EGM
On 19 September 2023
Manaksia Coated Metals & Industries to conduct board meeting
On 19 August 2023
Manaksia Coated Metals & Industries schedules AGM
On 29 August 2023
Manaksia Coated Metals & Industries consolidated net profit declines 82.09% in the June 2023 quarter
Sales rise 23.22% to Rs 171.70 crore
Manaksia Coated Metals & Industries to conduct board meeting
On 29 July 2023

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Manaksia Coated Metals & Industries Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Manaksia Coated Metals & Industries Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Manaksia Coated Metals & Industries Ltd's share price is ₹52.80 as of May 9, 2024

Manaksia Coated Metals & Industries Ltd's P/E ratio is 39.90 times as of May 9, 2024.

Manaksia Coated Metals & Industries Ltd's most recent financial reports indicate a price-to-book ratio of 2.90, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Manaksia Coated Metals & Industries Ltd's market is 397 Cr as on May 9, 2024.

The current financial records of Manaksia Coated Metals & Industries Ltd show a 5.05% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Manaksia Coated Metals & Industries Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Manaksia Coated Metals & Industries Ltd's 52-week high and low as of May 9, 2024 are ₹53.6 and ₹50.1 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Manaksia Coated Metals & Industries Ltd stands at 69.19%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 0.00% to 0.00%.