Menon Pistons Ltd

BSE
BUY

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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 %
30.11% Fall from 52W High
-14.6
TTM PE Ratio
Below industry Median
18.2
Price to Book Ratio
Above industry Median
3.8
Dividend yield 1yr %
Above industry Median
1.1
TTM PEG Ratio
PEG TTM is negative
-0.8
RSI
RSI is mid-range
41.2
MFI
MFI is mid-range
39.9

Menon Pistons Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Menon Pistons Ltd shareholding Pattern

Promoter
74.4%
Public
25.6%
Promoter
74.4%
Public
25.6%
Promoter
74.4%
Public
25.6%
Promoter
74.4%
Public
25.6%
Promoter
74.4%
Public
25.6%
Promoter
74.4%
Public
25.6%

Menon Pistons Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
2
Bearish Moving Averages
14
5Day EMA
90.60
10Day EMA
90.80
12Day EMA
90.90
20Day EMA
91.30
26Day EMA
91.70
50Day EMA
92.80
100Day EMA
91.40
200Day EMA
84.60
5Day SMA
90.70
10Day SMA
91.00
20Day SMA
91.00
30Day SMA
92.10
50Day SMA
92.70
100Day SMA
95.10
150Day SMA
88.50
200Day SMA
85.60
Delivery & Volume
Resistance & Support
89.30
Pivot
Resistance
First Resistance
91.24
Second Resistance
92.95
Third Resistance
94.89
Support
First Support
87.59
Second support
85.65
Third Support
83.94
Relative Strength Index
41.16
Money Flow Index
39.92
MACD
-0.88
MACD Signal
-1.02
Average True Range
3.02
Average Directional Index
19.31
Rate of Change (21)
-4.17
Rate of Change (125)
23.03
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Autoline Industries Ltd.
486.07
64.36
165.2
Shivam Autotech Ltd.
445.87
23.6
49.7
Pradeep Metals Ltd.
-
-
-
Frontier Springs Ltd.
-
-
-
Bharat Seats Ltd.
-
-
-
Menon Pistons Ltd.
-
-
-
Pritika Auto Industries Ltd.
432.41
16.15
54.33

Menon Pistons Ltd Company background

Founded in: 1977
Managing director: Sachin Ram Menon
Menon Pistons Ltd was incorporated as a private limited company in Aug.77 and was converted into a deemed public company in 1988. The company became a fullfledged public limited company in Nov.94. Promoted by the late Chandran Menon and Ram Menon, the company was manufacturing pistons to cater to the need of small diesel engine manufacturers. Subsequently, it started supplying the high value added pistons required for the automobile industry and diesel engine sector. Later on, it added pistons required for cars, LCVs/HCVs, to its product line.In year 1971, the Company manufactured their first engine piston. Their innovative solutions in automotive and offhighway engine applications and precision hydraulic systems act as catalysts towards our longterm association with esteemed OEM customers across the world, who are a testament to technological prowess that it has built over the years. The Company is into manufacturing of auto components such as Pistons, Gudgeon Pins, Rings, Auto shafts required for commercial vehicles, tractors and heavy duty stationery engines. The market is divided into segments such as export market, replacement market, OEM market. The auto component manufacturers mainly cater to two types of buyers, i.e. the original equipment manufacturers (OEMs) and the Engine Overhauling segment. While demand in the former is dependent on the production of new vehicles, the later, i.e. the Engine Overhauling segment, is lucrative due to its size and unlike the OEM segment, it is not cyclical.In Feb.96, the company offered for sale 12,75,000 equity shares of Rs 10 each for cash at an offer price of Rs 90 per share aggregating Rs 1147.50 lac. The company recently undertook debottlenecking / balancing activities at its plants. The company undertook and completed an expansion in the capacity of Cummins Piston Line by replacement of some of the machines with imported machines from Taiwan, with an investment of over Rs.2 crores during 199899.In 2007, the Company became the first to start manufacture of Forged Steel Pistons to the Heavy Horsepower Engines Segment. In 2011, it set up a Ductile Iron Foundry and Machine Shop, venturing into precision machined parts in exhaust management, lifting and tipping systems. In 2020, it expanded the product with manufacture of Valvetrain assemblies. During the period 202122, the Company acquired 100% shares of Rapid Machining Technologies Private Limited and resulting the acquisition, it became the Wholly Owned Subsidiary of the Company. Similarly, it acquired 100% shares of Lunar Enterprise Private Limited and made it a Wholly Owned Subsidiary of the Company during 202223.
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