Manaksia Coated Metals Hits Upper Circuit Limit Amid Increased Investor Participation
2025-04-03 10:00:30Manaksia Coated Metals & Industries Ltd, a microcap player in the engineering sector, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 85.98, reflecting a notable increase of 4.1% from its opening price. The last traded price stands at Rs 82.59, marking an absolute change of 3.93 and a percentage change of 5.0%. Today's trading activity saw a total volume of approximately 0.27572 lakh shares, resulting in a turnover of Rs 0.2253 crore. The stock has demonstrated strong performance, outperforming its sector by 2.94% and achieving a remarkable 11.46% gain over the past five days. Additionally, the stock opened with a gap up of 4.1%, indicating robust market interest. In terms of moving averages, Manaksia Coated Metals is currently above its 5-day, 20-day, 100-day, and 200-day averages, although it remains below the 50-day moving average. The delivery volu...
Read MoreManaksia Coated Metals Adjusts Valuation Amidst Mixed Sector Metrics and Strong Long-Term Performance
2025-04-03 08:00:11Manaksia Coated Metals & Industries has recently undergone a valuation adjustment, reflecting its current financial standing within the engineering sector. The company, categorized as a microcap, has reported a price-to-earnings (PE) ratio of 43.22 and a price-to-book value of 3.98. Other notable metrics include an enterprise value to EBITDA ratio of 15.06 and a return on capital employed (ROCE) of 12.49%. In comparison to its peers, Manaksia's valuation metrics present a mixed picture. For instance, while it maintains a competitive PEG ratio of 1.52, other companies in the sector exhibit a wider range of valuation scores. Gensol Engineering stands out with a significantly lower PE ratio of 6.16, indicating a more attractive valuation relative to earnings. Conversely, A B Infrabuild and Shraddha Prime are positioned at higher valuation levels, with PE ratios of 48.91 and 47.54, respectively. Despite the ...
Read MoreManaksia Coated Metals Surges 4.99% Amid Strong Buying Activity and Positive Momentum
2025-04-02 13:45:05Manaksia Coated Metals & Industries Ltd is currently witnessing significant buying activity, with the stock gaining 4.99% today, outperforming the Sensex, which rose by only 0.59%. Over the past week, the stock has shown a remarkable increase of 12.51%, marking four consecutive days of gains. This trend is particularly notable given the Sensex's decline of 1.06% during the same period. In terms of price performance, Manaksia Coated Metals reached an intraday high of Rs 84.38 today. The stock's performance over the last month reflects a 9.02% increase, while the Sensex gained 4.47%. However, the stock has faced challenges over the longer term, with a 27.57% decline over the past three months, contrasting with the Sensex's smaller drop of 4.34%. The stock's current price is above its 5-day, 20-day, and 200-day moving averages, indicating a short-term bullish trend, although it remains below the 50-day and 1...
Read MoreManaksia Coated Metals Hits Upper Circuit, Showcases Resilience in Engineering Sector
2025-04-02 13:00:05Manaksia Coated Metals & Industries Ltd, a microcap player in the engineering sector, has shown significant activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 82.59, reflecting a 5% increase from the previous close. This performance marks a notable achievement, as the stock has been on a positive trajectory, gaining 8.56% over the last four days. Today's trading saw a total volume of approximately 0.25489 lakh shares, resulting in a turnover of Rs 0.208 crore. The stock's last traded price stands at Rs 82.59, with a low of Rs 77.15 during the session. Notably, Manaksia Coated Metals & Industries has outperformed its sector by 3.94% today, while the broader market, represented by the Sensex, recorded a 0.51% gain. Despite a decline in delivery volume, which fell by 78.44% against the five-day average, the stock remains liquid enough for trading activities. Overall, M...
Read MoreManaksia Coated Metals Adjusts Valuation Grade Amid Competitive Engineering Sector Dynamics
2025-03-24 08:00:16Manaksia Coated Metals & Industries has recently undergone a valuation adjustment, reflecting changes in its financial metrics and market position within the engineering sector. The company's current price stands at 84.25, with a notable 52-week high of 120.90 and a low of 28.60. Key financial indicators reveal a PE ratio of 43.15 and an EV to EBITDA of 15.04, which positions the company in a competitive landscape. The PEG ratio is recorded at 1.52, while the dividend yield remains low at 0.06%. Return on Capital Employed (ROCE) is at 12.49%, and Return on Equity (ROE) is 8.60%, suggesting a moderate efficiency in generating returns relative to equity. In comparison to its peers, Manaksia's valuation metrics indicate a higher PE ratio than several competitors, such as Gensol Engineering, which boasts a significantly lower PE of 8.81. Other peers like Axtel Industries and A B Infrabuild are also positione...
Read MoreSurge in Investor Interest Drives Manaksia Coated Metals to Circuit Limit
2025-03-20 10:00:15Manaksia Coated Metals & Industries Ltd, a microcap player in the engineering sector, has made headlines today by hitting its upper circuit limit. The stock reached a high price of 83.55, reflecting a notable change of 3.37, which translates to a percentage increase of 4.23. The last traded price stood at 82.95, with a price band of 5%. Today's trading activity saw a total volume of 0.12564 lakh shares, resulting in a turnover of approximately Rs 0.1039 crore. The stock has outperformed its sector by 2.5%, showcasing strong performance indicators. Notably, it is trading above its 5-day, 20-day, 100-day, and 200-day moving averages, although it remains below the 50-day moving average. Investor participation has surged, with delivery volume on March 19 reaching 3.05 lakh shares, a staggering increase of 5704.41% compared to the 5-day average. This heightened activity indicates a robust interest in the stock...
Read MoreManaksia Coated Metals Faces Trading Challenges Amid Broader Market Trends
2025-03-11 10:00:14Manaksia Coated Metals & Industries Ltd, a microcap player in the engineering sector, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price was Rs 79.00, reflecting a decline of Rs 4.12 or 4.96% from the previous close. The stock reached an intraday low of Rs 78.96, marking a 5% drop during the session. Total traded volume stood at 0.0834 lakh shares, with a turnover of approximately Rs 0.06598 crore. Notably, the stock has been on a downward trend, losing 6.34% over the past two days. Despite this decline, it outperformed its sector, which fell by 2.04% today. In terms of price movement, the stock's weighted average price indicated that more volume was traded closer to the low price. While the stock remains above its 5-day, 100-day, and 200-day moving averages, it is currently below its 20-day and 50-day moving averages. Overall, Manaksia Coated M...
Read MoreManaksia Coated Metals Faces Trading Challenges Amid Broader Market Trends
2025-03-11 10:00:14Manaksia Coated Metals & Industries Ltd, a microcap player in the engineering sector, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price was Rs 79.00, reflecting a decline of Rs 4.12 or 4.96% from the previous close. The stock reached an intraday low of Rs 78.96, marking a 5% drop during the session. Total traded volume stood at 0.0834 lakh shares, with a turnover of approximately Rs 0.06598 crore. Notably, the stock has been on a downward trend, losing 6.34% over the past two days. Despite this decline, it outperformed its sector, which fell by 2.04% today. In terms of price movement, the stock's weighted average price indicated that more volume was traded closer to the low price. While the stock remains above its 5-day, 100-day, and 200-day moving averages, it is currently below its 20-day and 50-day moving averages. Overall, Manaksia Coated M...
Read MoreManaksia Coated Metals Faces Trading Challenges Amid Broader Market Trends
2025-03-11 10:00:14Manaksia Coated Metals & Industries Ltd, a microcap player in the engineering sector, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price was Rs 79.00, reflecting a decline of Rs 4.12 or 4.96% from the previous close. The stock reached an intraday low of Rs 78.96, marking a 5% drop during the session. Total traded volume stood at 0.0834 lakh shares, with a turnover of approximately Rs 0.06598 crore. Notably, the stock has been on a downward trend, losing 6.34% over the past two days. Despite this decline, it outperformed its sector, which fell by 2.04% today. In terms of price movement, the stock's weighted average price indicated that more volume was traded closer to the low price. While the stock remains above its 5-day, 100-day, and 200-day moving averages, it is currently below its 20-day and 50-day moving averages. Overall, Manaksia Coated M...
Read MoreAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
04-Apr-2025 | Source : BSEPlease find enclosed
Announcement under Regulation 30 (LODR)-Resignation of Director
02-Apr-2025 | Source : BSEPlease find enclosed
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
01-Apr-2025 | Source : BSEPlease find enclosed
Corporate Actions
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Manaksia Coated Metals & Industries Ltd has declared 5% dividend, ex-date: 13 Sep 24
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