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Modison Ltd Performance

Today's Low
128.00
arrowIcon
Today's High
134.85
52 Wk Low
61.10
arrowIcon
52 Wk High
158.70


Open

134.85

Traded Value (Cr)

14.73 L

Prev. Close

134.15

VWAP

131.38

Volume

8,393

Face Value

1

Modison Ltd Fundamentals

Market Cap
₹ 428 Cr
P/E Ratio (TTM)
22.85
P/B Ratio
2.20
Debt to Equity
0.13
ROE
10.48 %
EPS (TTM)
5.78
Dividend Yield
0.76%
Book Value
60.11

Click here to know more about Fundamentals

Modison Ltd Financials

Modison Ltd Financials

Modison Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 52.11 % 52.11 % 52.11 % 52.11 %
Retail 44.60 % 44.93 % 44.10 % 44.49 %
Others 2.88 % 2.95 % 3.78 % 3.40 %
FII 0.41 % 0.00 % 0.00 % 0.00 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

52.11%

Retail

44.60%

Others

2.88%

FII

0.41%

Mutual Funds

0.00%

Promoters

52.11%

Retail

44.93%

Others

2.95%

FII

0.00%

Mutual Funds

0.00%

Promoters

52.11%

Retail

44.10%

Others

3.78%

FII

0.00%

Mutual Funds

0.00%

Promoters

52.11%

Retail

44.49%

Others

3.40%

FII

0.00%

Mutual Funds

0.00%

Resistance and Support

₹133.28

PIVOT

resistance-arrow
Resistance
First Resistance₹135.567
Second Resistance₹139.283
Third Resistance₹141.567
support-arrow
Support
First Resistance₹129.567
Second Resistance₹127.283
Third Resistance₹123.567
RSI27.901
MACD-1.781
ADX31.713
CCI-166.072

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day8,39311,376100.00
Week12,46912,469100.00
1 Month87,86856,42485.12
6 Months8,3938,393100.00

About Modison Ltd

Modison Limited was formerly incorporated in the name of 'Modison Metals Limited' as a trading unit in 1965, by Mr. G.L. Modi, to deal in tool steels and export of engineering and general merchandise. Later, the name of the Company was changed from Modison Metals Limited' to Modison Limited', pursuant to the fresh Certificate of Incorporation dated 22nd July, 2022. The Company is a leading manufacturer of Electrical contacts in all the three segments, LV, MV & HV. It operates in two business segments: Electrical Contacts and Silver Flatware. It manufactures electrical contacts for low, medium, high and extra high voltage switchgears. Silver Flatware is the other product manufactured by the Company. Presently, the Modison Group has plants at two locations in Western India, viz. Vapi and Silvassa. A decade later in 1975, Mr. G.L. Modi established the first manufacturing facility in Mumbai, for refining of silver and started exporting large quantities of refined silver to renowned bankers and dealers in Europe and U.S.A. MODISON was instrumental in establishing '999' Good Delivery Silver Bars in India for bullion trading. Within two years after starting silver refining, the company's founder realized the vast potential for Electrical Contacts and Contact Materials for switchgear industry and thus facilities were added to manufacture silver and silver alloy wires, plates, strips and solid/ bitmetal contacts. This was the beginning of Modison's contacts manufacturing at Mumbai. The company soon realized that in order to cater to the market needs, the company must have a sound technical and R&D back-up. With this in mind the company signed up technical collaboration with DODUCO KG, Pforzheim, Germany, in 1983, the world's leading manufacturer of contact materials. From 1983 till 1996 Modison had technical collaboration with DODUCO. The excellent technical support from DODUCO helped Modison develop many hi-tech products, which were hitherto, imported by Indian Switchgear Industry. In 2009-10, the Company installed automatic contact welding and forming line; in 2011, it developed silver compound business; developed high performance current carrying contacts; in 2017-18, it acquired M/s. Modison Contacts Private Limited for expansion of business. In April 2019, the Company initiated the process of forming a Joint venture Company as a subsidiary Company of Modison Metals Limited to manufacture tungsten metal products. For expansion, it entered into a MOU for purchase of land at Vapi costing Rs 9.10 Crores.

Managing Director

G L Modi

Founded

1983

NSE Symbol

MODISONLTD

Modison Ltd Management

NameDesignation
G L ModiManaging Director
Rajkumar ModiJoint Managing Director
R A GoenkaNon-Exec. & Independent Dir.
Kumar Jay ModiJoint Managing Director
Rita BhatiaNon-Exec. & Independent Dir.
Ashok JatiaIndependent Director
Jayant G KulkarniChairman & Independent Directo
Reema SolankiCompany Sec. & Compli. Officer

Modison Ltd News

Modison reports consolidated net profit of Rs 4.08 crore in the December 2023 quarter
Sales rise 39.09% to Rs 107.77 crore
Board of Modison recommends interim dividend
Of Rs 0.5 per share
Modison announces board meeting date
On 13 February 2024
Modison to hold board meeting
On 21 December 2023
Modison consolidated net profit rises 1119.57% in the September 2023 quarter
Sales rise 21.23% to Rs 97.15 crore
Modison to declare Quarterly Result
On 2 November 2023
Modison consolidated net profit rises 8.45% in the June 2023 quarter
Sales decline 4.02% to Rs 86.05 crore
Modison to hold board meeting
On 2 August 2023
Modison to convene AGM
On 25 July 2023
Board of Modison recommends final dividend
Of Rs 1 per share

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Modison Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Modison Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Modison Ltd's share price is ₹129.50 as of May 9, 2024

Modison Ltd's P/E ratio is 22.85 times as of May 9, 2024.

Modison Ltd's most recent financial reports indicate a price-to-book ratio of 2.20, 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. Modison Ltd's market is 429 Cr as on May 9, 2024.

The current financial records of Modison Ltd show a 10.48% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Modison 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. Modison Ltd's 52-week high and low as of May 9, 2024 are ₹134.85 and ₹128 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Modison Ltd stands at 52.11%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 0.00% to 0.41%.