Modern Insulators Ltd

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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 %
138.84% Gain from 52W Low
13.2
TTM PE Ratio
Low in industry
16.4
Price to Book Ratio
Low in industry
1.4
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is less than 1
0.5
RSI
RSI is mid-range
44.8
MFI
MFI oversold
23.4

Modern Insulators 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.

Modern Insulators Ltd shareholding Pattern

Promoter
60.2%
Foreign Institutions
0.3%
Domestic Institutions
1.9%
Public
37.6%
Promoter
60.2%
Foreign Institutions
0.3%
Domestic Institutions
2.2%
Public
37.3%
Promoter
60.2%
Foreign Institutions
0.3%
Domestic Institutions
2.2%
Public
37.3%
Promoter
60.2%
Foreign Institutions
0.3%
Domestic Institutions
2.5%
Public
37%
Promoter
60.2%
Foreign Institutions
0.3%
Domestic Institutions
2.7%
Public
36.8%
Promoter
60.2%
Foreign Institutions
0.3%
Domestic Institutions
2.8%
Public
36.7%

Modern Insulators Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
7
Bearish Moving Averages
9
5Day EMA
115.20
10Day EMA
116.90
12Day EMA
117.30
20Day EMA
117.20
26Day EMA
116.30
50Day EMA
112.10
100Day EMA
105.80
200Day EMA
94.80
5Day SMA
115.40
10Day SMA
117.60
20Day SMA
120.70
30Day SMA
118.50
50Day SMA
107.30
100Day SMA
106.00
150Day SMA
102.40
200Day SMA
94.60
Delivery & Volume
Resistance & Support
112.95
Pivot
Resistance
First Resistance
115.65
Second Resistance
118.45
Third Resistance
121.15
Support
First Support
110.15
Second support
107.45
Third Support
104.65
Relative Strength Index
44.77
Money Flow Index
23.38
MACD
0.94
MACD Signal
2.75
Average True Range
6.42
Average Directional Index
20.03
Rate of Change (21)
-11.76
Rate of Change (125)
29.73
Peer comparison
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Company
Market Price
Market Cap
52W Low
52W High
Modison Ltd.
420.07
66.85
158
RMC Switchgears Ltd.
-
-
-
Modern Insulators Ltd.
-
-
-
Solex Energy Ltd.
-
-
-
Focus Lighting and Fixtures Ltd.
30.35
31.67
92.8
V-Marc India Ltd.
-
-
-
Virtuoso Optoelectronics Ltd.
-
-
-

Modern Insulators Ltd Company background

Founded in: 1982
Managing director: Sachin Ranka
Incorporated as a public limited company in May 82, Modern Insulators Limited (MIL), a member of the Modern group, was promoted in the joint sector by H S Ranka and the Rajasthan State Industrial Corporation (RSICO). It manufactures various types of hightension (HT) insulators upto 400 kV (inst. cap. : 6000 tpa) producing sectional and post insulators, solid core insulators for the Railways and bushings for transformers, apparatus insulators, solid core insulators including long rod and line post insulators in technical collaboration with Siemens, Germany. The Company is primarily engaged in the business of manufacturing insulators and terry towels.Since inception, MIL has been facing technical problems resulting in a high degree of rejection at various stages of manufacture. With a view to help MIL overcome its resultant liquidity problems and stabilise operations on a viable footing, institutions have been extending relief by way of interest deferments and reschedulement of principal repayments. However, despite grants of reliefs / concessions, there was no appreciable improvement in the performance of MIL and it continued to incur losses. Based on the audited results for Apr.91, a reference was made to the BIFR on the basis of which it was registered with the BIFR. However, another reference made to the BIFR on the basis of its audited accounts for the period ending 31 Oct.92 which indicated a positive net worth, led to the case being deregistered.MIL came out with a rights issue in Oct.95 to implement its project involving capacity expansion from 5000 tpa to 6000 tpa. The company was awarded the certificate of merit by CAPEXIL for the year 199798 for outstanding export performance.During the year 2017, the Honble Board for Industrial Financial Reconstruction (BIFR) sanctioned the Scheme of Amalgamation of Modern Terry Towels Limited (MTTL) with the Company, which became effective on 15th September, 2016. The Company further allotted 25400400 Equity Shares of the Company to the eligible shareholders of erstwhile Modern Terry Towels Limited thru the scheme of Amalgamation. Further, the Company sold Investments in Subsidiary Company i.e. M/s Motile Power Trade Private Limited and therefore ceased to be a subsidiary of the Company during 201617. During the year 201718, the Scheme of Arrangement between the Company (MIL) and Modern Polytex Limited (MPL) for demerger of the Yarn Division of the Company into MPL, was made effective from 01.04.2011. Pursuant to the Scheme, Yarn Division of MIL was transferred to and vested in MPL who issued one equity shares of MPL for every two equity shares to the shareholders of MIL i.e. 1,08,71,750 equity shares of Rs. 10 each as fully paid up. Modern Metal HighTech Components Private Limited ceased to be a wholly owned subsidiarycompany effective from 19.06.2023.
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Modern Insulators Ltd FAQs

The past 1-year return of Modern Insulators Ltd [MODINSULAT] share was 139.59. The Modern Insulators Ltd [MODINSULAT] share hit a 1-year low of Rs. 47.25 and a 1-year high of Rs. 139.

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