Manaksia Coated Metals & Industries Ltd. (MANAKCOAT): Manaksia Coated Metals Share Price Rises 10.80% to Rs 146.75 Today
- October 29, 2026
- Posted by: Kunal Singla
- Category: News
Manaksia Coated Metals share price traded at Rs 146.75 at 2:07 PM IST on 29 October 2026, a gain of Rs 14.30 or 10.80% over the previous close of Rs 132.45. The company operates in the Steel & Iron Products industry within the Iron & Steel sector and carries a market capitalisation of Rs 1,372.91 crore. This Manaksia Coated Metals share price rise is the event this article tracks, and the sections below set out what the latest numbers show.
The company reported its second quarter results on 28 October 2026, and those headlines sit alongside today’s move. Investors can monitor how the Manaksia Coated Metals share price today behaves against the day’s high of Rs 147.50, and how its valuation and returns compare with the Steel & Iron Products group.
Manaksia Coated Metals Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 146.75 |
| Previous Close | Rs 132.45 |
| Today's Move | Rs 14.3 (+10.8%) |
| Open | Rs 132.45 |
| High | Rs 147.5 |
| Low | Rs 132.45 |
| Market Capitalisation | Rs 1,372.91 crore |
| Market Cap Category | Small Cap |
Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) rose to Rs 146.75 from the previous close of Rs 132.45, a move of Rs 14.3 or 10.8%. The stock opened at Rs 132.45, reached a high of Rs 147.5, recorded a low of Rs 132.45.
Manaksia Coated Metals share price was at Rs 146.75 against a previous close of Rs 132.45, which is a day change of Rs 14.30 or 10.80%. The stock opened at Rs 132.45, touched a low of Rs 132.45 and a high of Rs 147.50, so the Manaksia Coated Metals share price update shows a clear move upward from the opening level.
The opening price of Rs 132.45 was the same as the previous close of Rs 132.45, so the stock began the session without a gap. From that start, the Manaksia Coated Metals share price moved ahead and was at the last reading Rs 14.30 above the day’s open. Because the open matched the previous close, the gain measured from the open is the same 10.80% as the gain measured from the previous close.
The day’s range runs from Rs 132.45 to Rs 147.50, a spread of Rs 15.05. At Rs 146.75 the stock was Rs 0.75 below the day’s high of Rs 147.50. The low of the day matched the opening price, which means the Manaksia Coated Metals stock did not trade below its open at any point so far, and the last reading sits close to the top of the range.
Why Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) May Be Moving Today
Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,372.91 crore |
| P/E Ratio | 31x |
| P/B Ratio | 3.88x |
| ROE | 15.08% |
| ROCE | 19.52% |
| EPS | Rs 4.27 |
| Book Value Per Share | Rs 34.11 |
| Dividend Yield | 0.04% |
Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) fundamental metrics show P/E 31x, P/B 3.88x, ROE 15.08%, ROCE 19.52%. Taken on their own, these numbers offer context rather than a trading signal.
Manaksia Coated Metals & Industries Ltd. has a market capitalisation of Rs 1,372.91 crore and falls in the Small Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 31x, P/B at 3.88x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 15.08% and ROCE of 19.52%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 4.27, book value per share of Rs 34.11, dividend yield of 0.04%, 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 18.92x, median ROE of 8.42%, median ROCE of 11.36%. They set out the fundamental picture and are not a rating on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 31x |
| Benchmark Median P/E | 18.92x |
| Benchmark Average P/E | 35.24x |
| Benchmark P/E Range | 0.47x to 583.66x |
| Company P/B Ratio | 3.88x |
| Benchmark Median P/B | 1.51x |
| Company ROE | 15.08% |
| Benchmark Median ROE | 8.42% |
| Company ROCE | 19.52% |
| Benchmark Median ROCE | 11.36% |
| Company Market Capitalisation | Rs 1,372.91 crore |
| Benchmark Median Market Cap | Rs 285.33 crore |
Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) operates in the Iron & Steel sector, within the Steel & Iron Products industry.
Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) has a P/E ratio of 31x, which is above the benchmark median of 18.92x, a difference of +63.85%. 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 15.08%, which is above the benchmark median of 8.42%, a difference of +79.1%. Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) has a ROCE of 19.52%, which is above the benchmark median of 11.36%, a difference of +71.83%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JSW Steel Ltd. | JSWSTEEL | 3,04,960.34 | 10.65 | 2.68 | 28.54 | 20.67 |
| Tata Steel Ltd. | TATASTEEL | 2,14,091.27 | 19.14 | 2.05 | 11.44 | 12.7 |
| Steel Authority Of India Ltd. | SAIL | 70,838.51 | 11.93 | 1.07 | 5.66 | 7.08 |
| Welspun Corp Ltd. | WELCORP | 65,421.4 | 29.29 | 7.06 | 19.55 | 23.94 |
| APL Apollo Tubes Ltd. | APLAPOLLO | 61,362.51 | 45.89 | 10.47 | 25.35 | 31.83 |
Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) has a P/E ratio of 31x compared with the displayed peer median of 19.14x. The comparison is relative and should not be read as a recommendation. Its ROE of 15.08% compares with a peer median of 19.55% across the companies shown in the table. ROCE stood at 19.52% versus the displayed peer median of 20.67%, providing a capital-efficiency comparison. Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) has a market capitalisation of Rs 1,372.91 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Manaksia Coated Metals
- The Manaksia Coated Metals share price rose 10.80% to Rs 146.75 against a previous close of Rs 132.45, and traded Rs 0.75 below the day’s high of Rs 147.50.
- The stock opened at Rs 132.45, which was also the day’s low and the previous close, and has since moved Rs 14.30 higher.
- Second quarter results reported on 28 October 2026 show revenue of 3.2 billion rupees against 2.2 billion rupees a year earlier, and net profit of 188 million rupees against 140.2 million rupees.
- ROE of 15.08% and ROCE of 19.52% are above the industry medians of 8.42% and 11.36%, while the P/E ratio of 31 is above the industry median of 18.92.
- Market capitalisation of Rs 1,372.91 crore is above the industry median of Rs 285.33 crore but smaller than all five peers shown.
About Manaksia Coated Metals
Manaksia Coated Metals & Industries Ltd. is listed on the Indian stock market and is classified in the Iron & Steel sector under the Steel & Iron Products industry. The company is tracked on Univest alongside other names in the same industry, including JSW Steel, Tata Steel, Steel Authority Of India, Welspun Corp and APL Apollo Tubes. Readers who want business segments and product details should refer to the company’s own filings.
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 the Manaksia Coated Metals share price today?
Ans. Manaksia Coated Metals share price traded at Rs 146.75 at 2:07 PM IST on 29 October 2026. That is a gain of Rs 14.30, or 10.80%, over the previous close of Rs 132.45.
Why is the Manaksia Coated Metals share price rising today?
Ans. The stock traded 10.80% above its previous close of Rs 132.45. Second quarter results were reported on 28 October 2026, with revenue of 3.2 billion rupees and net profit of 188 million rupees. Univest data does not state that the results caused the move.
What did Manaksia Coated Metals report for the second quarter?
Ans. Revenue was 3.2 billion rupees against 2.2 billion rupees a year earlier, and net profit was 188 million rupees against 140.2 million rupees. EBITDA rose to 340 million rupees from 261 million rupees, while the EBITDA margin fell to 10.68% from 11.84%.
What is the market capitalisation of Manaksia Coated Metals?
Ans. The Manaksia Coated Metals market cap is Rs 1,372.91 crore. That is well above the Steel & Iron Products industry median of Rs 285.33 crore and far below the industry average of Rs 7,422.19 crore.
What were the day's high and low for Manaksia Coated Metals?
Ans. The Manaksia Coated Metals stock opened at Rs 132.45, which was also its low for the day, and touched a high of Rs 147.50. At Rs 146.75, it traded Rs 0.75 below that high at the last reading.
What is the P/E ratio of Manaksia Coated Metals?
Ans. The P/E ratio of Manaksia Coated Metals is 31. The Steel & Iron Products industry median P/E is 18.92 and the average is 35.24, so the company P/E sits above the median and below the average of the group.
What are the ROE and ROCE of Manaksia Coated Metals?
Ans. Return on equity is 15.08% and return on capital employed is 19.52%. The industry median ROE is 8.42% and the median ROCE is 11.36%, so both returns are above the benchmark medians.
What are the EPS and book value of Manaksia Coated Metals?
Ans. Earnings per share are Rs 4.27 and book value per share is Rs 34.11. EPS shows the earnings attributable to each share, while book value shows the accounting net worth behind each share. The P/B ratio is 3.88.
Track Manaksia Coated Metals Share Price on Univest
Use Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Users can track the live Manaksia Coated Metals share price on Univest, along with fundamental ratios such as P/E, P/B, ROE and ROCE, price levels and wider market insights. Univest also lets readers compare Manaksia Coated Metals with its Steel & Iron Products peers and follow the next update to the Manaksia Coated Metals share price. This article is for information only and is not a recommendation to buy or sell.
