Modern Shares & Stockbrokers Ltd. (MODRNSH) Share Price Surges 8.71% Today
- July 24, 2026
- Posted by: Ankit Jaiswal
- Category: Uncategorized
Modern Shares & Stockbrokers Ltd. Share Price rises 8.71% today, reaching Rs 35.2 with a market cap of Rs 9.49 Cr.
Modern Shares & Stockbrokers Ltd. Share Price experienced a significant rise today, closing at Rs 35.2, marking an 8.71% increase from the previous close of Rs 32.38. This surge places the company’s market capitalisation at Rs 9.49 crore, categorising it within the Micro Cap segment. The price rise cleared the qualifying threshold of 8.1% for its market-cap category, highlighting its prominence among top gainers. Despite the absence of trading volume today, the price movement has captured investor attention, prompting a closer look at its technical and fundamental aspects.
Modern Shares & Stockbrokers Ltd. Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 35.2 |
| Previous Close | Rs 32.38 |
| Today’s Change | +Rs 2.82 (+8.71%) |
| Day Open | Rs 35.5 |
| Day High | Rs 35.5 |
| Day Low | Rs 35.2 |
| Current Volume | 0 |
| Turnover | Rs 0 crore |
| Market Capitalisation | Rs 9.49 crore |
| Market Cap Category | Micro Cap |
| Qualifying Threshold Cleared | 8.1% |
Today’s price action saw Modern Shares & Stockbrokers Ltd. open at Rs 35.5, reaching a high of Rs 35.5 and a low of Rs 35.2, before closing at Rs 35.2. The stock’s turnover and volume were notably absent, indicating a lack of trading activity. As a Micro Cap stock, it surpassed the qualifying threshold of 8.1%, making it a noteworthy performer in its category. This price movement, despite low participation, suggests a potential interest in the stock’s valuation and market position.
Modern Shares & Stockbrokers Ltd. Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 9.49 crore |
| P/E Ratio | 47.69x |
| P/B Ratio | 0.73x |
| ROE | 0.28% |
| ROCE | 0.43% |
| EPS | Rs 0.68 |
| Book Value Per Share | Rs 44.26 |
| Dividend Yield | 0% |
Modern Shares & Stockbrokers Ltd. was valued at a P/E ratio of 47.69x, a P/B ratio of 0.73x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.
Profitability and capital efficiency were represented by ROE of 0.28% and ROCE of 0.43%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.
Per-share and shareholder-return metrics included EPS of Rs 0.68, book value per share of Rs 44.26, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.
Modern Shares & Stockbrokers Ltd. holds a market capitalisation of Rs 9.49 crore, with an enterprise value reflecting its financial standing. The company’s P/E ratio stands at 47.69, significantly above the industry median of 11.21, indicating a higher valuation relative to peers. Its P/B ratio of 0.73 is below the industry median, suggesting a potentially undervalued position in terms of book value. The company’s ROE and ROCE are notably low at 0.28% and 0.43%, respectively, compared to industry medians, reflecting challenges in profitability. With an EPS of Rs 0.68 and a book value of Rs 44.26, the stock’s fundamentals present a mixed picture, warranting investor scrutiny.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Finance |
| Industry | Finance – Stock Broking |
| Benchmark Scope | same industry |
| Companies in Benchmark | 53 |
| Company P/E Ratio | 47.69x |
| Benchmark Median P/E | 11.21x |
| Benchmark Average P/E | 39.4x |
| Benchmark P/E Range | 0x to 501.03x |
| Companies with P/E Data | 53 |
| Company P/B Ratio | 0.73x |
| Benchmark Median P/B | 1.29x |
| Company ROE | 0.28% |
| Benchmark Median ROE | 7.46% |
| Company ROCE | 0.43% |
| Benchmark Median ROCE | 10.3% |
| Company Market Capitalisation | Rs 9.49 crore |
| Benchmark Median Market Cap | Rs 78.91 crore |
Modern Shares & Stockbrokers Ltd. (MODRNSH) is classified under sector: Finance and industry: Finance – Stock Broking. The numerical benchmark uses 53 same industry companies from the supplied master-data set.
Modern Shares & Stockbrokers Ltd. (MODRNSH) has a P/E ratio of 47.69x, which is above the benchmark median of 11.21x, a difference of +325.42%. The benchmark contains 53 companies with P/E data, ranging from 0x to 501.03x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Modern Shares & Stockbrokers Ltd. (MODRNSH) has a ROE of 0.28%, which is below the benchmark median of 7.46%, a difference of -96.25%. Modern Shares & Stockbrokers Ltd. (MODRNSH) has a ROCE of 0.43%, which is below the benchmark median of 10.3%, a difference of -95.83%.
Track today’s top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.
Within the Finance – Stock Broking industry, Modern Shares & Stockbrokers Ltd. operates amidst a competitive landscape. The industry benchmark includes 53 companies, with a median P/E of 11.21 and a median P/B of 1.29. The company’s P/E of 47.69 is considerably higher, indicating a premium valuation. However, its P/B of 0.73 is below the median, suggesting a potential undervaluation in terms of assets. The company’s ROE and ROCE are significantly lower than the industry medians, highlighting areas for improvement in operational efficiency and profitability.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Inani Securities Ltd. | INANISEC | 8.89 | 118.5 | 0.46 | 2.39 | 4.63 |
| Nexus Surgical And Medicare Ltd. | NEXUSSURGL | 10.55 | 14.33 | 5.86 | 0 | 0 |
| DJS STOCK & SHARES LTD. | DJSSS | 12.53 | 501.03 | 1.92 | -0.41 | -0.41 |
| KBS India Ltd. | KBSINDIA | 15.37 | 172.89 | 0.41 | 0.23 | 0.58 |
| Gajanan Securities Services Ltd. | GAJANANSEC | 15.97 | 23.21 | 0.13 | 0.61 | 0.85 |
Modern Shares & Stockbrokers Ltd. (MODRNSH) has a P/E ratio of 47.69x compared with the displayed peer median of 118.5x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 0.28% compares with a peer median of 0.23% across the companies shown in the table. ROCE stood at 0.43% versus the displayed peer median of 0.58%, providing a capital-efficiency comparison. Modern Shares & Stockbrokers Ltd. (MODRNSH) has a market capitalisation of Rs 9.49 crore. Among the 5 peers shown, 4 have a larger market capitalisation.
Comparing Modern Shares & Stockbrokers Ltd. with peers such as Inani Securities Ltd., Nexus Surgical And Medicare Ltd., and DJS STOCK & SHARES LTD., reveals varied market positions. Modern Shares & Stockbrokers Ltd.’s P/E ratio of 47.69 is lower than DJS STOCK & SHARES LTD.’s 501.03 but higher than Nexus Surgical And Medicare Ltd.’s 14.33. Its market cap of Rs 9.49 crore places it among smaller peers, with Inani Securities Ltd. at Rs 8.89 crore and Nexus Surgical And Medicare Ltd. at Rs 10.55 crore. The company’s ROE and ROCE are lower than most peers, indicating potential areas for growth.
Why Investors Are Watching Modern Shares & Stockbrokers Ltd.
- Significant price rise of 8.71% today, reaching Rs 35.2.
- Technical indicators suggest mixed momentum.
- Fundamentals show a high P/E ratio and low ROE.
- Operates in a competitive Finance – Stock Broking industry.
- Peer comparison highlights valuation and profitability challenges.
About Modern Shares & Stockbrokers Ltd.
Modern Shares & Stockbrokers Ltd. operates within the Finance – Stock Broking industry, providing brokerage services and financial solutions. The company is positioned in a competitive market, offering a range of services to its clients. Despite its small market capitalisation, it plays a role in the broader financial sector, navigating industry challenges and opportunities. Its financial metrics reflect both potential and areas for improvement, making it a company to watch in the evolving financial landscape.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the current share price of Modern Shares & Stockbrokers Ltd.?
Ans. The current share price of Modern Shares & Stockbrokers Ltd. is Rs 35.2, reflecting an 8.71% increase from the previous close of Rs 32.38. The stock moved 8.71% during the session.
Why did Modern Shares & Stockbrokers Ltd. share price rise today?
Ans. The share price of Modern Shares & Stockbrokers Ltd. rose by 8.71% today, surpassing the Micro Cap qualifying threshold of 8.1%, although specific catalysts were not identified. The stock moved 8.71% during the session.
What is the market capitalisation of Modern Shares & Stockbrokers Ltd.?
Ans. Modern Shares & Stockbrokers Ltd. has a market capitalisation of Rs 9.49 crore, placing it in the Micro Cap category within the Finance sector. The company operates in the Finance sector.
How does Modern Shares & Stockbrokers Ltd.’s P/E ratio compare to the industry?
Ans. Modern Shares & Stockbrokers Ltd.’s P/E ratio of 47.69 is significantly higher than the industry median of 11.21, indicating a premium valuation. The company trades at a P/E ratio of 47.69x.
What is the sector and industry of Modern Shares & Stockbrokers Ltd.?
Ans. Modern Shares & Stockbrokers Ltd. operates in the Finance sector, specifically within the Finance – Stock Broking industry, amidst 53 industry peers. The stock belongs to the Finance sector. Its industry classification is Finance – Stock Broking.
How does Modern Shares & Stockbrokers Ltd. compare with its peers?
Ans. Compared to peers, Modern Shares & Stockbrokers Ltd. has a lower market cap and mixed valuation metrics, with a P/E ratio lower than DJS STOCK & SHARES LTD. but higher than Nexus Surgical And Medicare Ltd.