Mahickra Chemicals (MAHICKRA-SM) Share Price falls 8.16% to Rs 270
- August 28, 2026
- Posted by: Harsh Piplani
- Category: News
Mahickra Chemicals Share Price was Rs 270 on 28 August 2026, down 8.16% from the previous close of Rs 294, with market capitalisation at Rs 287.41 crore. The move places Mahickra Chemicals in focus for today’s stock news because the share price fall happened in a single session, even though the supplied data does not establish a company-specific catalyst.
Mahickra Chemicals Share Price Today shows a decline of Rs 24, after the stock opened at Rs 292 and touched an intraday high of Rs 292 before slipping to a low of Rs 270. The turnover was Rs 0.04 crore. For readers tracking Mahickra Chemicals Stock News, the important point is simple: the event is confirmed by price data, while the reason for the move is not supplied.
In this Mahickra Chemicals Share Price article by Univest, the focus is on what the numbers show: the day’s price action, valuation, sector comparison and peer context. Univest uses only the verified data points available here, so the analysis stays factual and avoids assumptions about what may have caused the decline.
Mahickra Chemicals (MAHICKRA-SM) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 270 |
| Previous Close | Rs 294 |
| Today's Move | -Rs 24.00 (-8.16%) |
| Open | Rs 292 |
| High | Rs 292 |
| Low | Rs 270 |
| Turnover | Rs 0.04 crore |
| Market Capitalisation | Rs 287.41 crore |
| Market Cap Category | Micro Cap |
Mahickra Chemicals Share Price Today reflects a clear same-day decline from Rs 294 to Rs 270, a fall of Rs 24 or 8.16%. The stock opened at Rs 292, moved to an intraday high of Rs 292 and then reached an intraday low of Rs 270. That means the day’s range was Rs 22, or about 7.48% of the previous close, based on the supplied figures.
The market capitalisation of Rs 287.41 crore places the company in the Micro Cap category, using the exact classification supplied by the data. On the trading side, turnover stood at Rs 0.04 crore. Mahickra Chemicals Share Price therefore closed at the day’s low, with the final print matching the intraday floor supplied in the data.
For stock market readers, the most relevant takeaway is that the decline is fully visible in the session data: price, open, high, low and previous close all point to a weaker close versus the prior session. Mahickra Chemicals Share Price Today is therefore a live example of a sharp day move that is measurable but not explained by any verified company-specific event in the supplied dataset. That sets up the next question: what do the financial ratios say about the stock’s valuation context?
Mahickra Chemicals (MAHICKRA-SM) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 287.41 crore |
| P/E Ratio | 55.76x |
| P/B Ratio | 4.3x |
| ROE | 7.34% |
| ROCE | 9.86% |
| EPS | Rs 5.27 |
| Book Value Per Share | Rs 68.34 |
| Dividend Yield | 0.05% |
The earnings per share is Rs 5.27, book value per share is Rs 68.34 and dividend yield is 0.05%. These three figures matter because EPS reflects earnings attributable to each share, book value shows the accounting net worth behind each share, and dividend yield reflects the historical payout relative to the current price. ROE stands at 7.34% and ROCE at 9.86%, which indicates modest return ratios versus many higher-return chemical peers in the benchmark set.
On the face of these numbers, Mahickra Chemicals Stock News is not being driven by a straightforward low-valuation case. Instead, the supplied data shows a company with a comparatively high P/E, a P/B above its sector median and returns that are close to but below the benchmark median for ROCE and slightly below for ROE. Univest would frame this as a valuation-and-quality discussion rather than a prediction. The next relevant lens is ownership, but only where actual holdings are provided.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Chemicals |
| Industry | Chemicals |
| Benchmark Scope | same industry |
| Company P/E Ratio | 55.76x |
| Benchmark Median P/E | 25.81x |
| Benchmark Average P/E | 49.96x |
| Benchmark P/E Range | 4.41x to 645.78x |
| Company P/B Ratio | 4.3x |
| Benchmark Median P/B | 1.97x |
| Benchmark Average P/B | 2.53x |
| Company ROE | 7.34% |
| Benchmark Median ROE | 7.78% |
| Benchmark Average ROE | -2.85% |
| Company ROCE | 9.86% |
| Benchmark Median ROCE | 10.01% |
| Benchmark Average ROCE | 18.38% |
| Company Market Capitalisation | Rs 287.41 crore |
| Benchmark Median Market Cap | Rs 463.53 crore |
| Benchmark Average Market Cap | Rs 5,468.7 crore |
Mahickra Chemicals Share Price should also be viewed against the Chemicals sector and Chemicals industry benchmark supplied in the data. The benchmark scope covers the same industry and includes 178 companies. Within that set, Mahickra Chemicals has a P/E of 55.76 versus a sector median of 25.81 and a sector average of 49.96. Its P/B of 4.3 compares with a median of 1.97 and an average of 2.53.
The company’s ROE of 7.34% is slightly below the sector median of 7.78%, while ROCE of 9.86% is just below the median of 10.01%. The benchmark market-cap median is Rs 463.53 crore, while the average is Rs 5,468.7 crore, and Mahickra Chemicals at Rs 287.41 crore sits below the median. That matters because it places Mahickra Chemicals Share Price in a smaller-company context without assigning any quality label to size itself.
Among the wider chemical peers in the benchmark set, some names carry much higher valuations and stronger return ratios, while others are lower on one or more metrics. The key point is that Mahickra Chemicals sits in a market where valuation dispersion is wide: the benchmark P/E minimum is 4.41 and maximum is 645.78, while P/B spans from -63.47 to 44.53. Univest uses these figures to anchor the share price fall in a broader industry framework rather than treat today’s move in isolation.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Solar Industries India | SOLARINDS | 1,81,613.99 | 93.4 | 26.82 | 32.49 | 38.16 |
| Pidilite Industries | PIDILITIND | 1,67,339.42 | 63.73 | 14.6 | 24.29 | 32.38 |
| SRF | SRF | 76,713.26 | 35.54 | 5.2 | 13.8 | 14.21 |
| Gujarat Fluorochemicals | FLUOROCHEM | 51,904.13 | 73.98 | 7.02 | 8.31 | 10.02 |
| Navin Fluorine International | NAVINFLUOR | 43,867.42 | 55.7 | 10.47 | 20.24 | 21.39 |
Mahickra Chemicals Share Price also looks more useful when compared with the supplied peers. In the listed chemical group, Mahickra Chemicals’ P/E of 55.76 is below Solar Industries India at 93.4 and Gujarat Fluorochemicals at 73.98, but above SRF at 35.54 and Atul at 24.36. Its P/B of 4.3 is lower than Solar Industries, Pidilite Industries and Navin Fluorine, but above Atul and Aarti Industries.
Return ratios show a mixed position. Mahickra Chemicals’ ROE of 7.34% is below most of the stronger peers such as Solar Industries, Pidilite Industries, SRF, Navin Fluorine and Atul, but close to Gujarat Fluorochemicals and ahead of Aarti Industries. ROCE at 9.86% is also near the lower-middle part of the peer set. In market-cap terms, Rs 287.41 crore is far below the large peer values shown in the comparison group, which keeps the stock in a very different size bucket from the better-known names.
For Mahickra Chemicals Stock Analysis, the peer data does not point to a single extreme outlier on valuation, but it does show that the company’s ratios are being read in a competitive chemical-sector context. That is the right frame for Mahickra Chemicals Share Price news today.
Why Investors Are Watching Mahickra Chemicals
- Mahickra Chemicals Share Price fell 8.16% to Rs 270 from the previous close of Rs 294.
- The day’s range was Rs 292 to Rs 270, with the open also at Rs 292.
- Market capitalisation is Rs 287.41 crore, which places the company in the Micro Cap category.
- P/E is 55.76 and P/B is 4.3, both above the sector median in the supplied benchmark set.
- ROE is 7.34% and ROCE is 9.86%, both near the sector median levels shown in the data.
About Mahickra Chemicals
Mahickra Chemicals operates in the Chemicals sector and Chemicals industry. The supplied dataset does not provide a broader business description, product list or revenue mix, so the article limits itself to the verified classification and market data. That keeps Mahickra Chemicals Stock News grounded in what is actually available today.
For readers using Univest, the company can still be tracked within the wider chemicals universe through its price action, valuation and peer set. Mahickra Chemicals Share Price therefore becomes a useful reference point for understanding how a smaller chemical company is being priced relative to the benchmark group.
Track Mahickra Chemicals Share Price on Univest
Use Mahickra Chemicals (MAHICKRA-SM) live share-price page,Univest top decliners screener,Univest market blogs to review live stock data, top decliners and related market analysis.
You can track Mahickra Chemicals Share Price on Univest for live updates, market cap context, valuation ratios, shareholding pattern details when available, and 52-week levels. Univest also presents the stock in relation to sector and peer data so that Mahickra Chemicals Share Price Today can be read alongside broader market context.
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
Why did Mahickra Chemicals Share Price fall today?
Ans. The supplied data confirms Mahickra Chemicals Share Price fell 8.16% to Rs 270 from Rs 294. It does not establish a company-specific catalyst, so the move should be read as verified price action only.
What was Mahickra Chemicals Share Price Today?
Ans. Mahickra Chemicals Share Price Today was Rs 270. The stock opened at Rs 292, hit a high of Rs 292 and a low of Rs 270, closing at the session low in the supplied data.
What is the market capitalisation of Mahickra Chemicals?
Ans. Mahickra Chemicals has a market capitalisation of Rs 287.41 crore. The data classifies it as a Micro Cap company, which is the exact category supplied and should be used as factual context.
How is Mahickra Chemicals valued on the supplied numbers?
Ans. Mahickra Chemicals Share Price is associated with a P/E ratio of 55.76 and a P/B ratio of 4.3. EPS is Rs 5.27 and book value per share is Rs 68.34, which frames the valuation context.
How do Mahickra Chemicals returns compare with the sector benchmark?
Ans. Mahickra Chemicals shows ROE of 7.34% and ROCE of 9.86%. In the same-industry benchmark, the medians are 7.78% and 10.01%, so the company sits close to but slightly below both.
Which chemical peers are used for comparison?
Ans. The supplied peer set includes Solar Industries India, Pidilite Industries, SRF and Gujarat Fluorochemicals, along with other listed chemical companies. Their valuation and return metrics provide direct context for Mahickra Chemicals Share Price.
