Manaksia Ltd

NSE
MANAKSIA •
BUY

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1M Return

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6M Return

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1Y Return

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
41.04% Fall from 52W High
-13.6
TTM PE Ratio
Low in industry
7.6
Price to Book Ratio
Low in industry
0.7
Dividend yield 1yr %
Market Leader
2.6
TTM PEG Ratio
PEG TTM is negative
-0.3
RSI
RSI is mid-range
33.8
MFI
MFI is mid-range
38

Manaksia Ltd Key Financials

*All values are in ₹ Cr.

Manaksia Ltd shareholding Pattern

Promoter
74.9%
Foreign Institutions
1.7%
Public
23.3%

Manaksia Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
0
Bearish Moving Averages
16
5Day EMA
117.00
10Day EMA
119.60
12Day EMA
120.60
20Day EMA
123.60
26Day EMA
125.10
50Day EMA
128.60
100Day EMA
132.00
200Day EMA
131.00
Delivery & Volume
Resistance & Support
114.50
Pivot
Resistance
First Resistance
116.80
Second Resistance
119.10
Third Resistance
121.40
Support
First Support
112.20
Second support
109.90
Third Support
107.60
Relative Strength Index
33.76
Money Flow Index
38.05
MACD
-4.54
MACD Signal
-3.42
Average True Range
5.27
Average Directional Index
26.62
Rate of Change (21)
-12.93
Rate of Change (125)
-16.73

Manaksia Ltd Company background

Founded in: 1984
Manaksia Ltd. (Formerly known Hindusthan Seals Limited) was incorporated on December 27, 1984. Subsequently, the Company changed to its present name Manaksia Limited and as a result, the Companys Shares got listed effective on August 20, 1986 on the Calcutta Stock Exchange. The Company is primarily engaged in the business of trading of Metals and other items. The Company has specialists in manufacture of packaging products (crowns, closures and metal containers), metal products and fast moving consumer goods, among others. The company has having 15 manufacturing plants in India and three abroad, two in Nigeria and one in Ghana. Mr. Basudeo Agrawal and Suresh Kumar Agrawal are Promoters of the Company.The Companys metal packaging products include crowns, rollon pilferproof closures, expanded polyethylene liners as well as pushopen and other metal containers. In the fast moving consumer goods segment, the company is a dependable mosquito repellents outsourcing destination for the Mortein (owned by Reckitt Benckiser (India) Limited) and Maxo (owned by Jyothy Laboratories) brands.The Company has now diversified into the production of aluminium rolled products, secondary specification aluminium alloys and galvanised steel.The Companys wholly owned subsidiary in Nigeria, MINL Limited, was set up in 1996 and is the market leader in ROPP caps and crown corks in Nigeria. It has also set up facilities for the manufacture of galvanised steel, metal colour coated sheets and coils and secondary specification aluminium alloys. The company also has subsidiary companies in Ghana (Dynatech Industries Ghana Limited) and Dubai (Euroasian Ventures FZE).Manaksia Limited went public during 2007. The Company started commercial production at Haldia steel mill It acquired the NigerianPaper Mills Ltd ((renamed Jebba Paper Mills Ltd) and resultant to change in name, the mill commenced production during 200607.Company implemented Steel Cold Rolling Mill with a capacity of 50000 TPA during the year 200708. During the year 200708, Euroasian Venture FZE, Dubai a wholly owned Subsidiary of the Company formed a joint Venture with the name of Euroasian Steel LLC in Georgia for implementation of Steel long Product projects for capital costing USD 35 million. During FY 200809, two Subsidiary Companies were formed namely Solex Chemicals Private Limited, India and Manaksia Global Limited, Mauritius.During the year 200910, Company subscribed to equity shares to an aggregate amount of Rs 2385.96 lakhs in its wholly owned Subsidiary Companies i.e. Euroasian Ventures FZE and Manaksia Global Limited. The Company invested in 50,000 shares of Rs 10 each equivalent to 100% equity of each of the Companies: Manaksia Aluminium Company Ltd, Manaksia Overseas Ltd, Manaksia Coated Metals Industries Ltd, Manaksia Ferro Industries Ltd and Manaksia Steels Ltd, thereby making it wholly owned subsidiary companies.During the year 201213, the Company made equity investments by subscribing to additional 30,00,000 Equity Shares of Rs 10 each in its wholly owned subsidiary company, Manaksia Ferro Industries Limited. Further, subsequent to the transfer of shares, Mark Steels Limited, a wholly owned subsidiary company became step down subsidiary company w.e.f. 5th March 2013.During 201415, the Board of Directors of the Manaksia Limited (Transferor Company), had approved the restructuring plans of Company through Draft Scheme of Arrangement, for demerger in product divisions of Aluminium, Steel, Packaging and Coated Metal Mosquito Coil Undertakings of Company on a going concern basis w.e.f. 1st October, 2013 into four fully owned subsidiary companies viz., Manaksia Aluminium Company Ltd., Manaksia Steels Ltd., Manaksia Industries Ltd. and Manaksia Coated Metals Industries Ltd. (Transferee Companies) respectively, and the Scheme was made effective from 23rd November, 2014.
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Manaksia Ltd FAQs

Manaksia Ltd shares are currently priced at 114.5 on NSE and 114.7 on BSE as of 2/21/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Manaksia Ltd [MANAKSIA] share was -11.17. The Manaksia Ltd [MANAKSIA] share hit a 1-year low of Rs. 99.1 and a 1-year high of Rs. 194.2.

The market cap of Manaksia Ltd is Rs. 750.55 Cr. as of 2/21/2024 12:00:00 AM.

The PE ratios of Manaksia Ltd is 35.84 as of 2/21/2024 12:00:00 AM.

The PB ratios of Manaksia Ltd is 4.4 as of 2/21/2024 12:00:00 AM

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