Kanohar Electricals (KANOHAR) Share Price Falls 5.38% as Valuation Stays Elevated
- October 9, 2026
- Posted by: Kunal Singla
- Category: News
Kanohar Electricals Share Price fell to Rs 991.5, down 5.38% from the previous close, while market capitalisation stood at Rs 8,297.59 crore. The move took the stock below the Rs 1,000 mark in early trade and made today’s decline the main focus of Kanohar Electricals Share Price Today coverage. According to latest Univest data, the price event is confirmed, but no company-specific catalyst is established. Even so, the stock’s valuation, profitability ratios and electric equipment peer set give the fall useful context. Univest data also shows that Kanohar Electricals is a Mid Cap company in the Capital Goods sector, which makes the market reaction relevant for investors tracking Kanohar Electricals Stock News and Kanohar Electricals Share Price News.
For readers following Kanohar Electricals Share Price Live updates, the early move is notable because the stock opened above the previous close, touched a high of Rs 1,060 and later slipped to a low of Rs 986.7. That intraday range shows a clear shift from strength in the opening minutes to a weaker price path later in the morning session. The next sections of this Univest note cover what the price action shows, how the fundamentals stack up and where the stock sits versus its sector and peers.
Kanohar Electricals (KANOHAR) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 991.5 |
| Previous Close | Rs 1,047.85 |
| Today's Move | -Rs 56.35 (-5.38%) |
| Open | Rs 1,052.9 |
| High | Rs 1,060 |
| Low | Rs 986.7 |
| Market Capitalisation | Rs 8,297.59 crore |
| Market Cap Category | Mid Cap |
Kanohar Electricals Share Price Today shows a fall of Rs 56.35 from the previous close of Rs 1,047.85 to Rs 991.5. The stock opened at Rs 1,052.9, moved to a high of Rs 1,060 and touched a low of Rs 986.7 as of 21 October 2026 at 11:53:17 AM IST. That sequence places Kanohar Electricals Share Price in the middle of an active range rather than near one edge for most of the morning. The market capitalisation of Rs 8,297.59 crore keeps the company in the Mid Cap category, which is the same company-size context used throughout this article.
The day’s percentage decline of 5.38% is the key fact for Kanohar Electricals Stock News readers, and the current price now sits below the opening level as well as the previous close. According to Univest data, this is a single-session decline and not part of a longer streak. In practical terms, Kanohar Electricals Share Price Today reflects a sharp move within the session, and investors tracking Kanohar Electricals Share Price Update can now move to the valuation picture for further context.
Kanohar Electricals (KANOHAR) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 8,297.59 crore |
| P/E Ratio | 63.96x |
| P/B Ratio | 11.85x |
| ROE | 42.14% |
| ROCE | 54.27% |
| EPS | Rs 16.38 |
| Book Value Per Share | Rs 88.42 |
| Dividend Yield | 0% |
Kanohar Electricals (KANOHAR) fundamental metrics show P/E 63.96x, P/B 11.85x, ROE 42.14%, ROCE 54.27%. These figures provide context only and are not a buy or sell signal.
Kanohar Electricals has a market capitalisation of Rs 8,297.59 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 63.96x, P/B at 11.85x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 42.14% and ROCE of 54.27%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 16.38, book value per share of Rs 88.42, 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 33.02x, median ROE of 16.85%, median ROCE of 18.47%. Taken together, they outline the fundamentals rather than a view on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Electric Equipment |
| Benchmark Scope | same industry |
| Company P/E Ratio | 63.96x |
| Benchmark Median P/E | 33.02x |
| Benchmark Average P/E | 49.11x |
| Benchmark P/E Range | 5.47x to 624.37x |
| Company P/B Ratio | 11.85x |
| Benchmark Median P/B | 3.98x |
| Benchmark Average P/B | 6.02x |
| Company ROE | 42.14% |
| Benchmark Median ROE | 16.85% |
| Benchmark Average ROE | -16.01% |
| Company ROCE | 54.27% |
| Benchmark Median ROCE | 18.47% |
| Benchmark Average ROCE | 20.83% |
| Company Market Capitalisation | Rs 8,297.59 crore |
| Benchmark Median Market Cap | Rs 931.59 crore |
| Benchmark Average Market Cap | Rs 12,039.47 crore |
Kanohar Electricals (KANOHAR) operates in the Capital Goods sector, within the Electric Equipment industry.
Kanohar Electricals (KANOHAR) has a P/E ratio of 63.96x, which is above the benchmark median of 33.02x, a difference of +93.7%. On its own, the P/E gap is a valuation reference point, not a trading call.
Kanohar Electricals (KANOHAR) has a ROE of 42.14%, which is above the benchmark median of 16.85%, a difference of +150.09%. Kanohar Electricals (KANOHAR) has a ROCE of 54.27%, which is above the benchmark median of 18.47%, a difference of +193.83%.
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 (%) |
|---|---|---|---|---|---|---|
| ABB India | ABB | 1,47,315.52 | 49.31 | 15.77 | 22.39 | 30.18 |
| CG Power and Industrial Solutions | CGPOWER | 1,34,561.24 | 107.64 | 16.38 | 20.43 | 27.94 |
| Siemens | SIEMENS | 1,28,596.89 | 39.26 | 9.07 | 15.64 | 21.42 |
| Hitachi Energy India | POWERINDIA | 1,27,922.68 | 111.2 | 23.39 | 21.04 | 28.73 |
| SIEMENS ENERGY INDIA | ENRIN | 1,00,924.55 | 67.83 | 19.21 | 29.23 | 40.19 |
Kanohar Electricals (KANOHAR) has a P/E ratio of 63.96x compared with the displayed peer median of 67.83x. This peer read is a relative benchmark rather than a trading signal. Its ROE of 42.14% compares with a peer median of 21.04% across the companies shown in the table. ROCE stood at 54.27% versus the displayed peer median of 28.73%, providing a capital-efficiency comparison. Kanohar Electricals (KANOHAR) has a market capitalisation of Rs 8,297.59 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Kanohar Electricals
- Kanohar Electricals Share Price fell 5.38% to Rs 991.5, bringing the stock below Rs 1,000 in early trade.
- The current price sits below the previous close of Rs 1,047.85, with a day range of Rs 986.7 to Rs 1,060.
- Kanohar Electricals Share Price carries a P/E of 63.96 and a P/B of 11.85, both above the same-industry medians.
- ROE of 42.14% and ROCE of 54.27% remain well above benchmark medians for the Electric Equipment industry.
- Kanohar Electricals Share Price is a Mid Cap within the Capital Goods sector, so its valuation and returns stay important for stock analysis.
About Kanohar Electricals
Kanohar Electricals operates in the Capital Goods sector and the Electric Equipment industry. the market data does not include a business description, so the company profile here is to sector identity and valuation context. For investors following Kanohar Electricals Share Price, the main visible features are its Mid Cap size, the high P/E and P/B multiples, and the strong ROE and ROCE profile. Those figures define how the market is pricing the company within its industry set and how it compares with broader electric equipment peers on Univest.
Track Kanohar Electricals Share Price on Univest
Use Kanohar Electricals (KANOHAR) 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 Kanohar Electricals Share Price on Univest for live price updates, valuation ratios, market capitalisation, 52-week levels and broader stock insights. The platform also helps you review Kanohar Electricals Fundamental Analysis, sector context and peer comparison in one place. For readers following Kanohar Electricals Share Price Today, Univest data keeps the discussion grounded in verified figures rather than market chatter.
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
Why is Kanohar Electricals Share Price falling today?
Ans. Kanohar Electricals Share Price fell 5.38% to Rs 991.5 from Rs 1,047.85. According to latest Univest data, the price event is confirmed, but no company-specific catalyst is established. The move is therefore best read through price action and valuation.
What is Kanohar Electricals Share Price today?
Ans. Kanohar Electricals Share Price was at Rs 991.5 at the time captured, down Rs 56.35 from the previous close. The stock opened at Rs 1,052.9 and moved between Rs 986.7 and Rs 1,060 during the morning session.
How much did Kanohar Electricals Share Price decline?
Ans. Kanohar Electricals Share Price declined by Rs 56.35 or 5.38% versus the previous close. That makes today’s move a single-session fall, with the price trading below Rs 1,000 after touching an intraday low of Rs 986.7.
Is Kanohar Electricals a Mid Cap stock?
Ans. Yes. Kanohar Electricals is classified as a Mid Cap company in the current article context. Its market capitalisation stands at Rs 8,297.59 crore, which is above the same-industry median market cap but below the average.
How does Kanohar Electricals Share Price compare with its sector?
Ans. Kanohar Electricals Share Price trades at a P/E of 63.96 and a P/B of 11.85, both above the electric equipment industry medians. ROE of 42.14% and ROCE of 54.27% are also above benchmark medians, showing a strong return profile.
What do EPS and book value show for Kanohar Electricals?
Ans. EPS is Rs 16.38, which shows earnings attributable to each share. Book value is Rs 88.42 per share, which reflects accounting net worth per share. Together they provide context for Kanohar Electricals Share Price and its valuation multiples.
Does Kanohar Electricals pay a dividend?
Ans. The dividend yield is 0%, so no dividend return is reflected in the current numbers. For Kanohar Electricals Share Price, the valuation discussion therefore rests mainly on earnings, book value, ROE and ROCE rather than income yield.
Which peers help compare Kanohar Electricals Share Price?
Ans. Useful peers in the same industry include ABB India, CG Power and Industrial Solutions, Siemens, Hitachi Energy India and Siemens Energy India. Their P/E, P/B, ROE and ROCE figures help place Kanohar Electricals Share Price in context.
Should investors track Kanohar Electricals Share Price on Univest?
Ans. Investors can track Kanohar Electricals Share Price on Univest to follow live price updates, valuation ratios, sector context and peer comparison. The platform keeps the stock’s market-cap profile and key fundamentals in one place for quick review.
