Midwest Gold (REMAGNET) Share Price falls 10% to Rs 291.7; valuation and sector context in focus
- October 8, 2026
- Posted by: Kunal Singla
- Category: News
Midwest Gold Share Price is under pressure in today’s trade, with the stock last quoted at Rs 291.7, down 10% from the previous close of Rs 324.1. The company’s market capitalisation stands at Rs 4,425.46 crore, placing Midwest Gold in the Small Cap category. Midwest Gold Share Price today is relevant because the decline came without a company-specific catalyst established in the verified data, while the core operating and valuation metrics remain visible for investors tracking Midwest Gold Stock News, Midwest Gold Share Price Live and Midwest Gold Share Price Update. As of 08 October 2026 at 9:23:40 AM IST, the move keeps Midwest Gold Share Price in focus for traders and long-term investors who follow Construction Materials names.
The price move is confirmed in Univest data; a company-specific reason has not been established. That makes Midwest Gold Share Price analysis dependent on the day’s price action, the company’s profitability profile and the benchmark read-through from the Ceramics/Marble/Granite/Sanitaryware industry. Midwest Gold Share Price today therefore matters not only as a price fall, but also as a valuation and quality-check exercise. For readers tracking Midwest Gold Stock Analysis, Midwest Gold Share News and Midwest Gold Latest News, the key question is how the current quote sits against book value, return ratios and peer multiples.
Midwest Gold (REMAGNET) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 291.7 |
| Previous Close | Rs 324.1 |
| Today's Move | -Rs 32.40 (-10%) |
| Open | Rs 291.7 |
| High | Rs 291.7 |
| Low | Rs 291.7 |
| Market Capitalisation | Rs 4,425.46 crore |
| Market Cap Category | Small Cap |
Midwest Gold Share Price today reflects a one-session decline of Rs 32.4, or 10%, from the previous close of Rs 324.1 to Rs 291.7. The stock opened at Rs 291.7 and also touched the day’s high and low of Rs 291.7, which means the entire observed range for the latest session was flat at that level. That makes Midwest Gold Share Price a clear price fall event rather than a broad intraday range story. With the market capitalisation at Rs 4,425.46 crore, Midwest Gold remains a Small Cap within the structure used in this article. Midwest Gold Share Price today is therefore best read as a sharp reset in quoted value, while the verified data does not establish a specific catalyst. For investors following Midwest Gold Stock Falling Today or Midwest Gold Share Price Fall, the immediate fact is simple: the quote moved lower and stayed there through the observed range.
The latest Univest figures show that Midwest Gold Share Price traded at Rs 291.7 at the time of the update, which is 10% below the previous session’s close. That move is the starting point for any Midwest Gold Share Price News review and leads directly into the company’s financial picture, where valuation and profitability now become more important than the day’s quote alone.
Midwest Gold (REMAGNET) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 4,425.46 crore |
| P/B Ratio | 10.69x |
| ROE | -5.83% |
| ROCE | -2.52% |
| EPS | Rs -0.81 |
| Book Value Per Share | Rs 30.32 |
| Dividend Yield | 0% |
Midwest Gold (REMAGNET) fundamental metrics show P/B 10.69x, ROE -5.83%, ROCE -2.52%. These ratios show where the company stands today and are not a call to buy or sell.
Midwest Gold has a market capitalisation of Rs 4,425.46 crore and falls in the Small Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/B at 10.69x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of -5.83% and ROCE of -2.52%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs -0.81, book value per share of Rs 30.32, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 32.16x, median ROE of 2.46%, median ROCE of 4.14%. Together they describe the fundamental backdrop without implying a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Construction Materials |
| Industry | Ceramics/Marble/Granite/Sanitaryware |
| Benchmark Scope | same industry |
| Benchmark Median P/E | 32.16x |
| Benchmark Average P/E | 53.51x |
| Benchmark P/E Range | 6.93x to 209.93x |
| Company P/B Ratio | 10.69x |
| Benchmark Median P/B | 1.59x |
| Benchmark Average P/B | 2.3x |
| Company ROE | -5.83% |
| Benchmark Median ROE | 2.46% |
| Benchmark Average ROE | 3.96% |
| Company ROCE | -2.52% |
| Benchmark Median ROCE | 4.14% |
| Benchmark Average ROCE | 4.14% |
| Company Market Capitalisation | Rs 4,425.46 crore |
| Benchmark Median Market Cap | Rs 91.25 crore |
| Benchmark Average Market Cap | Rs 1,400.54 crore |
Midwest Gold (REMAGNET) operates in the Construction Materials sector, within the Ceramics/Marble/Granite/Sanitaryware industry.
Midwest Gold (REMAGNET) has a ROE of -5.83%, which is below the benchmark median of 2.46%, a difference of -336.99%. Midwest Gold (REMAGNET) has a ROCE of -2.52%, which is below the benchmark median of 4.14%, a difference of -160.87%.
Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Kajaria Ceramics | KAJARIACER | 19,041.81 | 35.32 | 6.64 | 17.03 | 23.07 |
| Cera Sanitaryware | CERA | 6,622.31 | 32.03 | 4.3 | 14.51 | 19.41 |
| Midwest | MIDWESTLTD | 3,642.48 | 34.75 | 3.9 | 13.54 | 15.88 |
| VARMORA GRANITO | VARMORA | 3,001.44 | 49.7 | 2.8 | NA | NA |
| Somany Ceramics | SOMANYCERA | 2,561.66 | 23.92 | 2.95 | 9.31 | 14.43 |
Its ROE of -5.83% compares with a peer median of 14.02% across the companies shown in the table. ROCE stood at -2.52% versus the displayed peer median of 17.65%, providing a capital-efficiency comparison. Midwest Gold (REMAGNET) has a market capitalisation of Rs 4,425.46 crore. Among the 5 peers shown, 2 have a larger market capitalisation.
Why Investors Are Watching Midwest Gold
- Midwest Gold Share Price fell 10% in the latest session, making the move large enough to merit close price-action review.
- The current quote of Rs 291.7 sits far above book value per share of Rs 30.32, which keeps valuation in focus.
- Negative ROE of -5.83% and ROCE of -2.52% make Midwest Gold Fundamental Analysis important for context.
- The stock is a Small Cap with market capitalisation of Rs 4,425.46 crore, so size and valuation remain part of the discussion.
- Peer comparison shows a higher P/B than the named ceramics and sanitaryware peers in the same industry set.
About Midwest Gold
Midwest Gold operates in the Construction Materials sector and the Ceramics/Marble/Granite/Sanitaryware industry. The verified company context places it among listed names in a business line linked to building materials and surface-product demand. Midwest Gold Share Price is therefore tracked alongside peers that make ceramics and related materials. The article’s figures show market capitalisation, book value and return ratios, which are the main financial markers available here. Midwest Gold Share Price today is best understood as a market quote for a company in a competitive and valuation-sensitive industrial segment.
For readers following Midwest Gold Company News and Midwest Gold Share News, the business context matters because it helps frame why valuation and returns are being discussed so closely. The company’s category is Small Cap, and the peer set used here belongs to the same industry. That makes Midwest Gold Share Price analysis useful for sector-following investors who want a clear read on relative position.
Track Midwest Gold Share Price on Univest
Use Midwest Gold (REMAGNET) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
Readers can track Midwest Gold Share Price on Univest for live updates, fundamental ratios, 52-week levels and market insights in one place. Midwest Gold Share Price today can be checked alongside valuation metrics, sector context and peer comparisons. Univest also helps users follow Midwest Gold Share Price Live and Midwest Gold Latest News in a structured format.
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 Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
What is Midwest Gold Share Price today?
Ans. Midwest Gold Share Price was Rs 291.7 at the latest update, down 10% from the previous close of Rs 324.1. The company’s market capitalisation stood at Rs 4,425.46 crore, placing it in the Small Cap category.
Why did Midwest Gold Share Price fall today?
Ans. The price move is confirmed in Univest data; a company-specific reason has not been established. Midwest Gold Share Price therefore has to be read through its price action, valuation, and sector comparison rather than a verified trigger.
What does the latest price action show for Midwest Gold Share Price?
Ans. Midwest Gold Share Price moved from Rs 324.1 to Rs 291.7, a decline of Rs 32.4 or 10%. The day’s open, high and low were all Rs 291.7, so the observed range remained flat after the drop.
Is Midwest Gold Share Price expensive compared with book value?
Ans. The P/B ratio is 10.69, while book value per share is Rs 30.32. That means Midwest Gold Share Price is trading at a large premium to its accounting book value in the latest figures.
How do profitability ratios look for Midwest Gold Share Price?
Ans. Midwest Gold reports ROE of -5.83% and ROCE of -2.52%, with EPS at -0.81. Those numbers show that Midwest Gold Share Price is not currently backed by positive return ratios in the visible set.
What sector is Midwest Gold Share Price linked to?
Ans. Midwest Gold Share Price belongs to the Construction Materials sector and the Ceramics/Marble/Granite/Sanitaryware industry. The peer set in the same industry includes Kajaria Ceramics, Cera Sanitaryware, Midwest, VARMORA and Somany Ceramics.
How does Midwest Gold Share Price compare with sector benchmarks?
Ans. The company P/E is 34.75 versus a benchmark median of 32.16, while P/B is 10.69 versus a median of 1.59. ROE and ROCE are both below the benchmark median, so valuation and returns differ sharply.
What is the market capitalisation of Midwest Gold Share Price?
Ans. Midwest Gold has a market capitalisation of Rs 4,425.46 crore. That makes Midwest Gold Share Price a Small Cap name in the article’s classification, even though its valuation multiple is high relative to book value.
Should investors track Midwest Gold Share Price on Univest?
Ans. Yes, Midwest Gold Share Price can be tracked on Univest for live price updates, valuation ratios, 52-week levels and market insights. The current move, peer comparison and sector context make it relevant for ongoing monitoring.
