Meera Industries Ltd Sees Notable Price Increase Amid Broader Market Decline
2025-04-01 14:15:18Meera Industries Ltd, a microcap player in the textile machinery sector, is witnessing significant buying activity today, with the stock rising by 3.86%. This performance stands in stark contrast to the Sensex, which has declined by 1.78%. Notably, this uptick comes after four consecutive days of decline, indicating a potential trend reversal. Despite the positive movement today, Meera Industries has faced challenges over the past week, with a decrease of 4.18%, and a more pronounced drop of 23.01% over the last three months. However, the stock has shown resilience over the past year, gaining 26.31%, while the Sensex has only increased by 2.73% during the same period. The stock opened with a gap down of 4.78%, reaching an intraday low of Rs 54 before climbing to a high of Rs 58.98, reflecting a 4% increase from its previous close. Currently, Meera Industries is trading below its 5-day, 20-day, 50-day, 100...
Read MoreMeera Industries Adjusts Valuation Grade, Reflecting Strong Competitive Position in Textile Sector
2025-04-01 08:00:41Meera Industries, a microcap player in the textile machinery sector, has recently undergone a valuation adjustment, reflecting a shift in its financial standing. The company currently exhibits a price-to-earnings (P/E) ratio of 14.66 and a price-to-book value of 2.15, indicating a competitive position within its industry. Its enterprise value to EBITDA stands at 10.41, while the enterprise value to EBIT is recorded at 13.11, showcasing its operational efficiency. In terms of profitability, Meera Industries has a return on capital employed (ROCE) of 11.69% and a return on equity (ROE) of 11.52%. The company also offers a dividend yield of 1.76%, which adds to its appeal among investors. When compared to its peers, Meera Industries demonstrates a more favorable valuation profile. For instance, Integra Engineering and Lakshmi Engineering are positioned at significantly higher P/E ratios, indicating a stark c...
Read MoreMeera Industries Faces Intense Selling Pressure Amid Significant Price Declines
2025-03-28 13:35:13Meera Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past four days, resulting in a total loss of 13.2% during this period. Today, the stock opened with a gap down of 6.14%, reflecting a stark contrast to the Sensex, which has only dipped by 0.28%. In terms of weekly performance, Meera Industries has fallen by 10.68%, while the Sensex has gained 0.63%. Over the past month, the stock has declined by 12.44%, compared to a 5.73% increase in the Sensex. The three-month performance shows a significant drop of 23.98% for Meera Industries, against a slight decline of 1.66% in the Sensex. The price summary indicates that Meera Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting the stock's downward trend. The intraday trading saw a hi...
Read MoreMeera Industries Faces Intense Selling Pressure Amid Consecutive Losses and Declining Stock Performance
2025-03-27 11:35:19Meera Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past three days, resulting in a total decline of 10.23%. Today, the stock fell by 5.00%, underperforming the Sensex, which gained 0.46% during the same period. In the past week, Meera Industries has seen a decline of 10.30%, while the Sensex rose by 1.69%. Over the last month, the stock has dropped by 9.48%, contrasting sharply with the Sensex's increase of 4.06%. The three-month performance reveals a more pronounced downturn for Meera Industries, with a 22.77% decline compared to the Sensex's slight decrease of 1.34%. Year-to-date, the stock has fallen by 25.76%, while the Sensex has remained relatively stable, down only 0.64%. Over the past three years, Meera Industries has seen a staggering decline of 43.82%, while the Sensex has appr...
Read MoreMeera Industries Faces Intense Selling Pressure Amid Consecutive Losses and Declining Performance
2025-03-26 14:35:13Meera Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company, which operates in the textile machinery sector, has experienced consecutive losses over the past two days, with a total decline of 7.38%. Today, the stock fell by 3.66%, underperforming the Sensex, which decreased by only 0.76%. In the past week, Meera Industries has seen a decline of 5.58%, contrasting sharply with the Sensex's gain of 2.62%. Over the last month, the stock has dropped 4.48%, while the Sensex has risen by 3.78%. The three-month performance reveals a significant decline of 17.09% for Meera Industries, compared to a slight decrease of 1.34% in the Sensex. Despite a year-to-date performance of -21.85%, the stock has shown a positive return of 27.96% over the past year. However, its three-year performance is concerning, with a decline of 40.87%, while the Sensex has g...
Read MoreMeera Industries Faces Intense Selling Pressure Amid Consecutive Losses and Underperformance
2025-03-20 14:25:12Meera Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses, with a decline of 1.99% in just one day, marking a total drop of 3.95% over the last two days. This performance starkly contrasts with the Sensex, which has gained 1.22% today and 3.45% over the past week. In terms of longer-term performance, Meera Industries has underperformed the Sensex across various time frames. Over the past week, the stock has fallen 5.43%, while the Sensex has risen 3.45%. Over the last three months, Meera Industries has seen a decline of 15.68%, compared to a modest drop of 2.14% for the Sensex. Year-to-date, the stock is down 18.88%, while the Sensex has only decreased by 2.26%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Potential cont...
Read MoreMeera Industries Faces Intense Selling Pressure Amid Consecutive Losses in Challenging Market
2025-03-19 15:25:17Meera Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company, which operates in the textile machinery sector, has recorded consecutive days of losses, reflecting a challenging market environment. Today, Meera Industries' stock price declined by 2.00%, contrasting sharply with the Sensex, which saw a modest gain of 0.13%. Over the past week, Meera Industries has experienced a decline of 3.06%, while the Sensex rose by 1.85%. The three-month performance reveals a more pronounced downturn for Meera Industries, with a loss of 15.68%, compared to the Sensex's decline of 4.82%. Year-to-date, the stock has dropped 17.23%, underperforming the Sensex, which is down 3.50%. The stock's performance metrics indicate it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, the textile m...
Read MoreMeera Industries Ltd Sees Increased Buying Activity Amidst Market Resilience and Price Gains
2025-03-18 13:25:14Meera Industries Ltd, a microcap player in the textile machinery sector, is witnessing significant buying activity today, with a notable increase of 1.99%. This performance surpasses the Sensex, which has risen by 1.22% during the same period. Over the past month, Meera Industries has shown a robust gain of 6.16%, while the Sensex has declined by 1.18%. Despite a challenging three-month period where the stock fell by 14.39%, it has demonstrated resilience over the past year, boasting a remarkable increase of 40.45%, compared to the Sensex's modest 3.19% gain. Year-to-date, however, Meera Industries has faced a decline of 14.26%, in contrast to the Sensex's drop of 3.93%. Today's trading session opened with a gap up, indicating strong buyer sentiment. The stock is currently performing above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. Th...
Read MoreMeera Industries Faces Intensified Selling Pressure Amid Consecutive Losses and Bearish Sentiment
2025-03-18 10:35:37Meera Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company, which operates in the textile machinery sector, has experienced consecutive losses over the past two days, with a total decline of 3.95%. Today, the stock fell by 1.99%, underperforming the Sensex, which gained 1.20%. Over the past week, Meera Industries has seen a decline of 4.72%, while the Sensex rose by 1.29%. In a broader context, the stock's performance over the last three months has been particularly concerning, with a drop of 17.74% compared to the Sensex's decline of 6.39%. Year-to-date, Meera Industries has lost 17.62%, while the Sensex has decreased by 3.94%. The stock opened at 62.43 and has remained at this price, indicating a lack of upward momentum. Additionally, Meera Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, furth...
Read MoreClosure of Trading Window
01-Apr-2025 | Source : BSEClosure of trading window
Announcement under Regulation 30 (LODR)-Newspaper Publication
13-Feb-2025 | Source : BSENewspaper Publication of the Financial Results of Q3-2024-25.
Financial Results For Quarter Ended 31 December 2024
11-Feb-2025 | Source : BSEFinancial Results for Quarter ended 31 December 2024
Corporate Actions
No Upcoming Board Meetings
Meera Industries Ltd has declared 5% dividend, ex-date: 21 Feb 25
No Splits history available
Meera Industries Ltd has announced 7:5 bonus issue, ex-date: 06 Feb 20
No Rights history available