Modern Threads (India) Ltd. (MODTHREAD) Share Price Rises 8.28% as Micro Cap Stock Enters Top Gainers
- August 21, 2026
- Posted by: Harsh Piplani
- Category: News
Modern Threads (India) Ltd. traded at Rs 58.56, up 8.28% today, taking its market capitalisation to Rs 188.06 crore and placing the micro-cap textile stock among notable top gainers.
Modern Threads (India) Ltd. Share Price moved to Rs 58.56 on 21 August 2026, up 8.28% from the previous close of Rs 54.08, lifting the company’s market capitalisation to Rs 188.06 crore. That single-session share price gain was enough to place the stock among the day’s tracked top gainers under a micro-cap price rise screen, making it relevant for investors following Stock Market Today, Market Movers and Stocks in News.
The move stands out not because the stock hit a record level, but because the verified market data shows a sharp same-day rise from the opening level of Rs 46.01 to an intraday high of Rs 58.99. The session low was also Rs 46.01, indicating that the strongest part of today’s rally developed after the open. On the activity side, combined volume across exchanges stood at 40,499 shares, while turnover was Rs 0.02 crore.
For anyone searching Modern Threads (India) Ltd. Share Price Today, the key takeaway is simple: the price event is confirmed, the stock is trending because it delivered an 8.28% daily rise, and the move cleared the workflow’s price-rise bar for its market-cap category. The supplied data confirms the price event but does not establish a company-specific catalyst. That means attention now shifts to what the price action, valuation, profitability and Textile – Spinning industry benchmarks say about the stock. In this Univest review, the focus is on verified numbers, relative positioning and what investors may want to monitor next.
Modern Threads (India) Ltd. (MODTHREAD) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 58.56 |
| Previous Close | Rs 54.08 |
| Today's Change | +Rs 4.48 (+8.28%) |
| Day Open | Rs 46.01 |
| Day High | Rs 58.99 |
| Day Low | Rs 46.01 |
| Current Volume (BSE) | 2,757 |
| BSE Traded Volume | 2,757 |
| NSE Traded Volume | 37,742 |
| Combined NSE + BSE Volume | 40,499 |
| Turnover | Rs 0.02 crore |
| Market Capitalisation | Rs 188.06 crore |
| Market Cap Category | Micro Cap |
Modern Threads (India) Ltd. (MODTHREAD) traded at Rs 58.56. versus the previous close of Rs 54.08, a rise of 8.28%. The stock opened at Rs 46.01, reached Rs 58.99, touched Rs 46.01. Reported volume was 2,757.
Modern Threads (India) Ltd. (MODTHREAD) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 188.06 crore |
| P/E Ratio | 10.03x |
| P/B Ratio | 1.24x |
| ROE | 0% |
| ROCE | 5.53% |
| EPS | Rs 5.39 |
| Dividend Yield | 0% |
Modern Threads (India) Ltd. was valued at a P/E ratio of 10.03x, a P/B ratio of 1.24x. 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 0% and ROCE of 5.53%. 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 5.39, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.
Modern Threads (India) Ltd. Fundamental Analysis begins with size and valuation. At a market cap of Rs 188.06 crore, the company sits firmly in the micro-cap bracket, a classification that signals company size rather than business quality. The stock currently trades at a P/E ratio of 10.03 and a P/B ratio of 1.24. Those figures place the company at a lower earnings multiple than many listed peers in the same Textile – Spinning space, though not necessarily at the lowest end of the industry range.
EPS is Rs 5.39, which means the market price of Rs 58.56 is being valued at about 10.03 times earnings per share. That gives the P/E reading a direct earnings context rather than making it an isolated multiple. The stock’s book value relationship is also important: a P/B ratio of 1.24 means the market is valuing the business at 1.24 times its accounting net worth. That is above the industry median P/B, but still below the industry average P/B, a mixed valuation signal rather than an extreme one.
On profitability, the numbers are more restrained. ROE is 0, which indicates that return on shareholder equity is not currently showing a positive contribution in the supplied snapshot. ROCE stands at 5.53, which is positive but modest and below broader industry benchmark averages discussed later. This matters because return ratios help investors judge whether earnings and capital deployment are efficient, not just whether the share price is moving.
Dividend yield is 0, so the current market case is not based on historical cash payout support. In other words, the present interest in Modern Threads (India) Ltd. Share Price is more about price movement and valuation positioning than income distribution. From a Univest perspective, the fundamentals add context by showing a low double-digit earnings multiple, a moderate price-to-book reading and limited return ratios. That mix neither confirms nor dismisses the day’s move; instead, it frames the stock as a micro-cap where valuation looks less stretched than some peers, but profitability metrics remain subdued. That naturally brings the discussion to industry context and relative comparison.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Textile |
| Industry | Textile – Spinning |
| Benchmark Scope | same industry |
| Company P/E Ratio | 10.03x |
| Benchmark Median P/E | 13.16x |
| Benchmark Average P/E | 32.48x |
| Benchmark P/E Range | 1.31x to 328.59x |
| Company P/B Ratio | 1.24x |
| Benchmark Median P/B | 0.73x |
| Company ROE | 0% |
| Benchmark Median ROE | 2.28% |
| Company ROCE | 5.53% |
| Benchmark Median ROCE | 8.49% |
| Company Market Capitalisation | Rs 188.06 crore |
| Benchmark Median Market Cap | Rs 61.05 crore |
Modern Threads (India) Ltd. (MODTHREAD) is classified under sector: Textile and industry: Textile – Spinning.
Modern Threads (India) Ltd. (MODTHREAD) has a P/E ratio of 10.03x, which is below the benchmark median of 13.16x, a difference of -23.78%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Modern Threads (India) Ltd. (MODTHREAD) has a ROE of 0%, which is below the benchmark median of 2.28%, a difference of -100%. Modern Threads (India) Ltd. (MODTHREAD) has a ROCE of 5.53%, which is below the benchmark median of 8.49%, a difference of -34.86%.
Track today’s top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.
Modern Threads (India) Ltd. operates in the Textile sector and specifically in the Textile – Spinning industry. Against a same-industry benchmark covering 67 companies, the stock’s valuation looks lower than median on P/E, slightly richer than median on P/B and weaker than benchmark profitability on both ROE and ROCE.
The sector snapshot gives a clearer framework for interpreting today’s price rise. Within the Textile – Spinning benchmark scope of 67 companies, Modern Threads (India) Ltd. carries a company P/E of 10.03. That sits below the benchmark median P/E of 13.16 and far below the benchmark average of 32.48. The industry P/E range is extremely wide, from 1.31 to 328.59 across 44 companies with valid P/E data, so the stock’s current multiple appears to be on the lower side of the listed pack rather than at an aggressive premium.
On book value, the company P/B of 1.24 is above the benchmark median of 0.73 but below the benchmark average of 1.54, based on 67 companies. That suggests the market is assigning some premium to net worth versus the median peer, but not to a level that exceeds the broader industry average. In profitability terms, however, the comparison is less favourable. Company ROE is 0, versus a benchmark median of 2.28 and average of 5.71. Company ROCE is 5.53, below the benchmark median ROCE of 8.49 and well below the benchmark average of 25.96.
Scale also matters. Modern Threads (India) Ltd. Market Cap at Rs 188.06 crore is above the industry median market capitalisation of Rs 61.05 crore, though below the industry average of Rs 202.54 crore. The benchmark market-cap range stretches from Rs 3.01 crore to Rs 1,370.37 crore. So, while the company is small in absolute terms, it is not among the smallest names in its direct listed industry universe. For readers following Modern Threads (India) Ltd. Stock News, that combination of below-median P/E, above-median P/B and below-benchmark profitability makes the stock’s share price rise notable but nuanced rather than straightforwardly cheap or expensive.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Pashupati Cotspin Ltd. | PASHUPATI | 1,370.37 | 87.91 | 8.03 | 6.3 | 8.81 |
| GHCL Textiles Ltd. | GHCLTEXTIL | 1,185.74 | 12.33 | 0.77 | -32.82 | -32.82 |
| Nahar Spinning Mills Ltd. | NAHARSPING | 1,058.88 | 13.98 | 0.67 | 4.82 | 6.62 |
| Ambika Cotton Mills Ltd. | AMBIKCO | 944.48 | 11.61 | 0.96 | 12.69 | 17.06 |
| Sumeet Industries Ltd. | SUMEETINDS | 887.89 | 33.83 | 2.42 | 0 | -1.66 |
Modern Threads (India) Ltd. (MODTHREAD) has a P/E ratio of 10.03x compared with the displayed peer median of 13.98x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 0% compares with a peer median of 4.82% across the companies shown in the table. ROCE stood at 5.53% versus the displayed peer median of 6.62%, providing a capital-efficiency comparison. Modern Threads (India) Ltd. (MODTHREAD) has a market capitalisation of Rs 188.06 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Modern Threads (India) Ltd. looks meaningfully smaller than the largest listed Textile – Spinning peers in the supplied comparison set, but its valuation is not the most expensive. Against Pashupati Cotspin Ltd., which has a market cap of Rs 1,370.37 crore and a P/E of 87.91, Modern Threads (India) Ltd. appears far lower on earnings multiple at 10.03. However, Pashupati’s ROE of 6.3 and ROCE of 8.81 are both above Modern Threads’ 0 ROE and 5.53 ROCE.
Compared with GHCL Textiles Ltd., which has a market cap of Rs 1,185.74 crore and a P/E of 12.33, Modern Threads again trades at a slightly lower earnings multiple. GHCL Textiles has a P/B of 0.77 versus 1.24 for Modern Threads, but its profitability snapshot is sharply weaker at ROE of -32.82 and ROCE of -32.82. Against Nahar Spinning Mills Ltd., valued at Rs 1,058.88 crore with a P/E of 13.98, P/B of 0.67, ROE of 4.82 and ROCE of 6.62, Modern Threads trades cheaper on P/E but with lower return metrics.
Ambika Cotton Mills Ltd. provides another useful reference point. It has a market cap of Rs 944.48 crore, a P/E of 11.61, P/B of 0.96, ROE of 12.69 and ROCE of 17.06. That comparison shows a peer with only a modestly higher P/E but significantly stronger profitability. At the other end, Rajapalayam Mills Ltd. trades at a P/E of 6.18 and P/B of 0.32, with ROE of 0.94 and ROCE of 3.73, showing that even lower valuations do exist in the industry.
This peer mix indicates that Modern Threads (India) Ltd. Share Price is not trading at the sector’s highest valuation, but neither do the supplied return ratios place it among the stronger profitability names. For Univest readers, the key insight is that the stock’s current market interest is being driven by today’s move in price, while peer data presents a balanced, mixed relative picture.
Why Investors Are Watching Modern Threads (India) Ltd.
Modern Threads (India) Ltd. Share Price is being watched because the stock entered the day’s notable gainers list with an 8.28% rise, even as its absolute market capitalisation remains just Rs 188.06 crore. In a micro-cap counter, that combination of price movement, industry-relative valuation and mixed profitability can quickly draw attention across Share Market Today screens, especially when the intraday swing is as large as today’s move from Rs 46.01 to Rs 58.99.
- Verified price action: The stock rose Rs 4.48 to Rs 58.56 from Rs 54.08, after opening at Rs 46.01 and touching a high of Rs 58.99.
- Volume context: Total traded volume was 40,499 shares, split between BSE volume of 2,757 and NSE volume of 37,742, with turnover of Rs 0.02 crore.
- Momentum snapshot: RSI stood at 59.03, a reading that is close to the upper end of the broadly neutral zone without entering elevated territory.
- Fundamental context: P/E is 10.03, P/B is 1.24, EPS is Rs 5.39, ROE is 0 and ROCE is 5.53, giving the move a measurable valuation backdrop.
- Sector positioning: The company’s P/E is below the Textile – Spinning median of 13.16, while profitability remains below industry medians.
What investors may monitor next is whether Modern Threads (India) Ltd. Share Price can hold near today’s higher zone, how future sessions compare on turnover and participation, and whether market attention continues to be supported by relative valuation rather than only one-day price action. Univest would also keep the focus on how the stock continues to stack up against direct listed peers in the Textile – Spinning segment.
About Modern Threads (India) Ltd.
Modern Threads (India) Ltd. is part of the Textile sector and operates in the Textile – Spinning industry. Based on the verified classification supplied for this article, the company belongs to a listed segment where peer comparison typically revolves around valuation multiples, return ratios and market capitalisation rather than only daily price changes.
The Textile – Spinning space represented in the benchmark includes 67 companies, ranging from small micro-cap businesses to larger listed players with market values above Rs 1,000 crore. Within that context, Modern Threads (India) Ltd. sits with a market cap of Rs 188.06 crore, which is above the industry median market cap of Rs 61.05 crore but below the average of Rs 202.54 crore. That places it in the smaller end of the listed spectrum, while still being meaningfully larger than the smallest companies in the benchmark universe.
Because only verified sector and industry data is supplied here, the clearest business context comes from its positioning inside Textile – Spinning. Investors tracking Modern Threads (India) Ltd. Share News and Company News are therefore likely to judge the stock through the lens of industry valuation, return ratios and market-cap scale. In today’s session, its relevance came from a strong share price rise, but longer-duration tracking usually depends on how the company’s earnings multiple, book-value valuation and capital-efficiency metrics compare with others in the same listed industry group.
Track Modern Threads (India) Ltd. Share Price on Univest
Use Modern Threads (India) Ltd. (MODTHREAD) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.
Investors following Modern Threads (India) Ltd. Share Price can use Univest to track live price movement, daily percentage change, market capitalisation, 52-week trading context, technical readings, valuation ratios and shareholding updates when available. For a stock that has entered the top gainer conversation, having price, peer and sector data in one place helps separate one-day moves from broader market positioning.
Univest also helps users review Modern Threads (India) Ltd. Share Price Today alongside metrics such as P/E, P/B, EPS, ROE, ROCE and benchmark comparisons within Textile – Spinning. That makes it easier to follow Market News, compare listed peers and monitor whether future Stock Updates continue to be supported by underlying financial context rather than only short-term price action.
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 Modern Threads (India) Ltd. Share Price today?
Ans. Modern Threads (India) Ltd. Share Price was Rs 58.56 at the time of this update. The stock was up 8.28% from the previous close of Rs 54.08, making it one of the notable micro-cap gainers in today’s session.
Why is Modern Threads (India) Ltd. rising today?
Ans. The supplied market data confirms that the stock rose 8.28% in a single session and cleared the screen used for notable micro-cap price rises. The data verifies the move, but it does not establish any company-specific catalyst behind it.
How much did Modern Threads (India) Ltd. gain in today’s session?
Ans. The stock gained Rs 4.48 during the session, moving from a previous close of Rs 54.08 to Rs 58.56. In percentage terms, that equals an 8.28% rise, which is substantial for a one-day move in this counter.
What were the day high, day low and opening price of Modern Threads (India) Ltd.?
Ans. Modern Threads (India) Ltd. opened at Rs 46.01, which was also the day’s low, and later climbed to an intraday high of Rs 58.99. The stock then traded at Rs 58.56, showing a strong recovery from the opening level.
What is the market capitalisation of Modern Threads (India) Ltd.?
Ans. The company’s market capitalisation stood at Rs 188.06 crore in this update. That places Modern Threads (India) Ltd. in the micro-cap category, an important context when interpreting both volatility and daily percentage price moves.
How active was trading in Modern Threads (India) Ltd. today?
Ans. Total traded volume was 40,499 shares, with 2,757 shares on BSE and 37,742 shares on NSE. Reported turnover was Rs 0.02 crore, showing that the day’s strong percentage move came with relatively low absolute traded value.
Is Modern Threads (India) Ltd. expensive based on its P/E ratio?
Ans. The stock’s P/E ratio is 10.03, which is below the Textile – Spinning benchmark median of 13.16 and well below the benchmark average of 32.48. On supplied earnings multiples alone, it does not appear richly valued versus the industry snapshot.
How does Modern Threads (India) Ltd. compare on profitability?
Ans. Modern Threads (India) Ltd. has ROE of 0 and ROCE of 5.53. Those figures are below the same-industry medians of 2.28 for ROE and 8.49 for ROCE, indicating profitability metrics that trail the benchmark snapshot.
What do EPS, P/B and dividend yield show for Modern Threads (India) Ltd.?
Ans. EPS stands at Rs 5.39, P/B is 1.24 and dividend yield is 0. Together, these figures suggest the stock is currently being assessed more on earnings valuation and balance-sheet multiples than on historical dividend income.
Where does Modern Threads (India) Ltd. operate in the market?
Ans. Modern Threads (India) Ltd. operates in the Textile sector and the Textile – Spinning industry. In the supplied same-industry benchmark of 67 companies, its market cap of Rs 188.06 crore sits above the median but below the average.
