Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) Share Price Rises 18.1% Today
- August 4, 2026
- Posted by: Harsh Piplani
- Category: News
Manaksia Coated Metals & Industries Ltd. Share Price rises 18.1% today, reaching Rs 141.25 with a market cap of Rs 1,280.14 crore.
Manaksia Coated Metals & Industries Ltd. Share Price has seen a significant increase today, rising by 18.1% to reach Rs 141.25. This notable price rise positions the company with a market capitalisation of Rs 1,280.14 crore. As a small-cap company, Manaksia Coated Metals & Industries Ltd. The stock opened and reached its high at Rs 141.25, maintaining this level throughout the day. This price action has caught the attention of investors and analysts alike, as it reflects a strong upward momentum in the company’s stock performance.
The increase in share price today is significant, especially considering the company’s previous close at Rs 119.6. The day change of Rs 21.65 highlights the robust demand and positive sentiment surrounding the stock. However, the data does not provide a specific catalyst for this price movement, leaving market participants to speculate on potential underlying factors. Despite this, the substantial rise in share price is a clear indicator of investor interest and market activity.
Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 141.25 |
| Previous Close | Rs 119.6 |
| Today's Change | +Rs 21.65 (+18.1%) |
| Day Open | Rs 141.25 |
| Day High | Rs 141.25 |
| Day Low | Rs 141.25 |
| Current Volume (BSE) | 530 |
| BSE Traded Volume | 530 |
| NSE Traded Volume | 2,434 |
| Combined NSE + BSE Volume | 2,964 |
| Turnover | Rs 0.01 crore |
| Market Capitalisation | Rs 1,280.14 crore |
| Market Cap Category | Small Cap |
Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) traded at Rs 141.25. versus the previous close of Rs 119.6, a rise of 18.1%. The stock opened at Rs 141.25, reached Rs 141.25, touched Rs 141.25. Reported volume was 530.
Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,280.14 crore |
| P/E Ratio | 31.27x |
| P/B Ratio | 3.46x |
| ROE | 6.06% |
| ROCE | 11.2% |
| EPS | Rs 3.82 |
| Dividend Yield | 0.04% |
Manaksia Coated Metals & Industries Ltd. was valued at a P/E ratio of 31.27x, a P/B ratio of 3.46x. 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 6.06% and ROCE of 11.2%. 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 3.82, dividend yield of 0.04%. Dividend yield is a current or historical ratio and does not guarantee future distributions.
From a fundamental perspective, Manaksia Coated Metals & Industries Ltd. presents a mixed picture. The company’s market capitalisation of Rs 1,280.14 crore places it in the small-cap category, which often involves higher volatility and growth potential. The price-to-earnings (P/E) ratio stands at 31.27, which is above the industry median of 18.62 but below the average of 36.05. This suggests that while the stock is relatively expensive compared to its peers, it is not excessively overvalued.
The price-to-book (P/B) ratio is 3.46, significantly higher than the industry median of 1.36, indicating a premium valuation relative to the company’s book value. The return on equity (ROE) is 6.06%, which is above the industry median of 4.09% but below the average of 29.96%. The return on capital employed (ROCE) is 11.2%, surpassing the industry median of 9.16% and average of 9.93%, reflecting efficient use of capital.
Earnings per share (EPS) is Rs 3.82, providing insight into the company’s profitability on a per-share basis. The dividend yield is a modest 0.04%, indicating limited income potential from dividends. Overall, the fundamental analysis highlights a company with a strong market position but facing valuation challenges compared to its industry peers.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 31.27x |
| Benchmark Median P/E | 18.62x |
| Benchmark Average P/E | 36.05x |
| Benchmark P/E Range | 0.3x to 379.02x |
| Company P/B Ratio | 3.46x |
| Benchmark Median P/B | 1.36x |
| Company ROE | 6.06% |
| Benchmark Median ROE | 4.09% |
| Company ROCE | 11.2% |
| Benchmark Median ROCE | 9.16% |
| Company Market Capitalisation | Rs 1,280.14 crore |
| Benchmark Median Market Cap | Rs 147.66 crore |
Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) is classified under sector: Iron & Steel and industry: Steel & Iron Products.
Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) has a P/E ratio of 31.27x, which is above the benchmark median of 18.62x, a difference of +67.94%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) has a ROE of 6.06%, which is above the benchmark median of 4.09%, a difference of +48.17%. Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) has a ROCE of 11.2%, which is above the benchmark median of 9.16%, a difference of +22.27%.
Track today’s top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.
Manaksia Coated Metals & Industries Ltd. operates within the Iron & Steel sector, specifically in the Steel & Iron Products industry. The sector comprises 105 companies, with Manaksia Coated Metals & Industries Ltd. competing against both large and small players. The company’s P/E ratio of 31.27 is above the industry median of 18.62, suggesting a higher valuation compared to many of its peers.
The sector’s P/B ratio ranges from -8.92 to 22.88, with Manaksia Coated Metals & Industries Ltd.’s ratio of 3.46 placing it towards the higher end, indicating a premium valuation. The company’s ROE of 6.06% is above the industry median of 4.09% but below the average of 29.96%, highlighting a competitive but not leading position in terms of profitability.
With a market capitalisation of Rs 1,280.14 crore, Manaksia Coated Metals & Industries Ltd. is positioned in the lower half of the sector, where the median market cap is Rs 147.66 crore. This suggests that while the company is relatively small, it has significant room for growth within the industry.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JTL Industries Ltd | JTLIND | 2,959.9 | 33.9 | 2.29 | 24.68 | 22.3 |
| Vardhman Special Steels Ltd. | VSSL | 2,944.07 | 20.55 | 2.23 | 10.14 | 12.97 |
| Rhetan TMT Ltd. | RHETAN | 2,484.66 | 241.3 | 22.88 | 3.76 | 4.11 |
| Pennar Industries Ltd. | PENIND | 2,238.4 | 22.56 | 2.31 | 0.41 | 6.85 |
| Prakash Industries Ltd. | PRAKASH | 2,209.87 | 6.74 | 0.63 | 3.29 | 4.87 |
Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) has a P/E ratio of 31.27x compared with the displayed peer median of 22.56x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 6.06% compares with a peer median of 3.76% across the companies shown in the table. ROCE stood at 11.2% versus the displayed peer median of 6.85%, providing a capital-efficiency comparison. Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) has a market capitalisation of Rs 1,280.14 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
In comparison to its peers, Manaksia Coated Metals & Industries Ltd. shows a diverse set of metrics. JTL Industries Ltd. has a higher P/E ratio of 33.9 and a market cap of Rs 2,959.9 crore, indicating a larger and potentially more established competitor. Vardhman Special Steels Ltd. offers a lower P/E of 20.55 and a market cap of Rs 2,944.07 crore, presenting a different valuation perspective.
Rhetan TMT Ltd. stands out with a P/E of 241.3, suggesting a highly valued stock, while its ROE of 3.76% is lower than Manaksia Coated Metals & Industries Ltd.’s 6.06%. Pennar Industries Ltd. and Prakash Industries Ltd. offer lower P/E ratios of 22.56 and 6.74, respectively, with varying degrees of profitability and market capitalisation.
Why Investors Are Watching Manaksia Coated Metals & Industries Ltd.
Investors are closely monitoring Manaksia Coated Metals & Industries Ltd. due to its significant price rise today and its position within the Iron & Steel sector. The company’s performance metrics and market activity have drawn attention.
- Price Action: 18.1% increase today, reaching Rs 141.25.
- Technical Position: Neutral RSI at 52.74.
- Fundamental Context: P/E of 31.27, ROE of 6.06%.
- Sector Positioning: Competes in a diverse industry.
Investors should continue to observe the company’s market movements and sector developments to gauge future performance potential.
About Manaksia Coated Metals & Industries Ltd.
Manaksia Coated Metals & Industries Ltd. operates in the Iron & Steel sector, focusing on the production of steel and iron products. The company is involved in manufacturing a range of coated metal products, catering to various industrial applications. Its operations are primarily concentrated in the Steel & Iron Products industry, where it competes with both large and small players.
The company’s business model revolves around producing high-quality coated metals, which are used in construction, automotive, and other industrial sectors. Manaksia Coated Metals & Industries Ltd. aims to leverage its expertise in metal coating to maintain a competitive edge in the market. The company’s strategic focus on innovation and quality positions it as a key player in the industry.
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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 Manaksia Coated Metals & Industries Ltd.?
Ans. The current share price of Manaksia Coated Metals & Industries Ltd. is Rs 141.25, reflecting an 18.1% increase from the previous close of Rs 119.6. The stock moved 18.1% during the session.
How much did Manaksia Coated Metals & Industries Ltd. share price rise today?
Ans. Manaksia Coated Metals & Industries Ltd. share price rose by 18.1% today, marking a significant increase in its market performance. The stock moved 18.1% during the session. The intraday range extended from Rs 141.25 to Rs 141.25.
What is the market capitalisation of Manaksia Coated Metals & Industries Ltd.?
Ans. The market capitalisation of Manaksia Coated Metals & Industries Ltd. is Rs 1,280.14 crore, categorising it as a small-cap company. The company operates in the Iron & Steel sector. Its P/E ratio is 31.27x.
What is the P/E ratio of Manaksia Coated Metals & Industries Ltd.?
Ans. The P/E ratio of Manaksia Coated Metals & Industries Ltd. is 31.27, which is above the industry median of 18.62. The company trades at a P/E ratio of 31.27x. Its P/B ratio is 3.46x.
How does Manaksia Coated Metals & Industries Ltd.'s ROE compare to the industry?
Ans. Manaksia Coated Metals & Industries Ltd.'s ROE is 6.06%, which is above the industry median of 4.09% but below the average of 29.96%. ROE stands at 6.06%. ROCE stands at 11.2%.
What sector does Manaksia Coated Metals & Industries Ltd. operate in?
Ans. Manaksia Coated Metals & Industries Ltd. operates in the Iron & Steel sector, specifically within the Steel & Iron Products industry. The stock belongs to the Iron & Steel sector.
How does Manaksia Coated Metals & Industries Ltd.'s P/B ratio compare to the industry?
Ans. Manaksia Coated Metals & Industries Ltd.'s P/B ratio is 3.46, higher than the industry median of 1.36, indicating a premium valuation. The company trades at a P/E ratio of 31.27x.
