Manaksia Steels Ltd

NSE
MANAKSTEEL •
BUY

1W Return

1M Return

6M Return

1Y Return

3Y Return

The current prices are delayed, login or open an account for live prices.
Start SIP in Manaksia Steels Ltd
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 %
47.05% Fall from 52W High
-1.2
TTM PE Ratio
Below industry Median
13.1
Price to Book Ratio
Below industry Median
1.2
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is less than 1
0.1
RSI
RSI is mid-range
50.9
MFI
MFI is mid-range
59.3

Manaksia Steels Ltd Key Financials

View more

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Manaksia Steels Ltd shareholding Pattern

Promoter
74.8%
Foreign Institutions
0.7%
Public
24.5%
Promoter
74.8%
Foreign Institutions
0.8%
Public
24.5%
Promoter
74.8%
Foreign Institutions
0.9%
Public
24.4%
Promoter
74.8%
Foreign Institutions
1%
Public
24.3%
Promoter
74.8%
Foreign Institutions
0.7%
Public
24.5%
Promoter
74.8%
Foreign Institutions
0.1%
Public
25.1%

Manaksia Steels Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
11
Bearish Moving Averages
5
5Day EMA
56.40
10Day EMA
56.50
12Day EMA
56.50
20Day EMA
56.40
26Day EMA
56.40
50Day EMA
57.00
100Day EMA
58.10
200Day EMA
56.60
5Day SMA
56.40
10Day SMA
56.60
20Day SMA
56.50
30Day SMA
55.80
50Day SMA
56.30
100Day SMA
59.30
150Day SMA
61.90
200Day SMA
57.70
Delivery & Volume
Resistance & Support
56.49
Pivot
Resistance
First Resistance
58.36
Second Resistance
60.07
Third Resistance
61.94
Support
First Support
54.78
Second support
52.91
Third Support
51.20
Relative Strength Index
50.93
Money Flow Index
59.29
MACD
0.12
MACD Signal
0.20
Average True Range
2.63
Average Directional Index
13.77
Rate of Change (21)
3.77
Rate of Change (125)
-0.68
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Visa Steel Ltd.
278.94
12.3
28.11
Shyam Century Ferrous Ltd.
360.27
16
32.4
Indian Bright Steel Company Ltd.
-
-
-
Scan Steels Ltd.
-
-
-
Panchmahal Steel Ltd.
-
-
-
Thaai Casting Ltd.
-
-
-

Manaksia Steels Ltd Company background

Founded in: 2001
Managing director: Varun Agrawal
Incorporation in 2001,MANAKSIA STEELS LIMITED, Flagship Company of the Manaksia Group,is engaged in manufacturing of steel products. The company is an ISO 9001: 2015 accredited entity and the product portfolio include Cold Rolled Steel Sheets Coils, Galvanized Steel sheets Coil. Color Coated Steel sheets coils. The Company manufactures and sells value added steel products comprising Cold Rolled Coils used in interior and exterior panels of automobiles, buses and commercial vehicles, Galvanised Corrugated Sheets which find use in the rural housing sector and factory sheds and Galvanised Plain Sheets, used in the manufacture of containers and water tanks and Colour Coated (Prepainted) Coils and Sheets for sale to construction, housing, consumer durable and other industries.The Honble Calcutta High Court vide its Order dated 24 March, 2014 has sanctioned the Scheme of Arrangement under the provisions of Sections 391394 of the Companies Act, 1956 for demerger of Steel Undertaking of Manaksia Limited into Manaksia Steels Limited on a going concern basis. The certified copy of the Order sanctioning the Scheme has been received by the Company on 19 November, 2014 and the Company has duly filed the said Order with the Registrar of Companies, West Bengal, on 23 November, 2014. The Scheme has become effective on and from the date of filing with the Registrar of Companies. Upon the Scheme being effective, the Company had made application to National Stock Exchange of India Limited and BSE Limited for listing of its equity shares. Accordingly the shares of the Company got listed on both the Stock Exchanges on 30 March, 2015.The Company was the whollyowned subsidiary of Manaksia Limited. Pursuant to Scheme of Arrangement as sanctioned by the Honble Calcutta High Court the Steel undertaking of Manaksia Limited has been transferred to Manaksia Steels Limited on a going concern basis. During the FY2015,the Company pursuant to the Scheme of Arrangement as sanctioned by the Honble Calcutta High Court vide its Order dated 24 March, 2014 has issued and allotted 65534050 shares to the shareholders of Manaksia Limited, one share of Re 1/ each of the Company, for every one share of Rs 2/ each held by them.As on 31 March 2016, the Company has a 120,000 MTPA Steel Cold Rolling Plant at Haldia for manufacture of Cold Rolled Coils and Sheets and continuous Galvanizing plants at Bankura (30,000 MTPA) and Haldia (60,000 MTPA). The Company has facilities at Haldia for further value addition of Steel and Aluminium Products, where Galvanized Steel Sheets and Cold Rolled Aluminium Sheets are prepainted /colour coated in a 48,000 MTPA colour coating line. The Company has also facilities for Roll Forming/ Profiling for direct supply to projects for industrial roofing as a part of such value addition.During the FY2018, the company set up a subsidiary at Dubai under the name and style of Technomet InternaOonal FZE, which acquired two companies at Nigeria namely Far East Steel Industries Limited and Federated Steel Mills Limited manufacturing steel long products.The COVED19 pandemic has rapidly spread across the world as well as in India and has caused shutdown of the plant and all offices from 24 March 2020. The Group has resumed operations in a phased manner in line with the directives of the respective local government.
Read More

Manaksia Steels Ltd FAQs

Manaksia Steels Ltd shares are currently priced at 56.66 on NSE and 57 on BSE as of 7/19/2024 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 Steels Ltd [MANAKSTEEL] share was 24.66. The Manaksia Steels Ltd [MANAKSTEEL] share hit a 1-year low of Rs. 39.55 and a 1-year high of Rs. 107.

The market cap of Manaksia Steels Ltd is Rs. 371.32 Cr. as of 7/19/2024 12:00:00 AM.

The PE ratios of Manaksia Steels Ltd is 13.35 as of 7/19/2024 12:00:00 AM.

The PB ratios of Manaksia Steels Ltd is 1.2 as of 7/19/2024 12:00:00 AM

You can easily buy Manaksia Steels Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

Open Demat Account
+91 -

personImage
Open Demat Account
+91 -