{"id":188955,"date":"2026-08-06T14:42:04","date_gmt":"2026-08-06T09:12:04","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=188955"},"modified":"2026-08-06T14:42:04","modified_gmt":"2026-08-06T09:12:04","slug":"manaksia-steels-ltd-share-price-rise-2026-08-06","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/manaksia-steels-ltd-share-price-rise-2026-08-06\/","title":{"rendered":"Manaksia Steels Ltd. (MANAKSTEEL): Manaksia Steels Share Price Rises 10% Today as Stock Clears Price Rise Threshold"},"content":{"rendered":"<style id=\"univest-disable-toc\">#ez-toc-container,.ez-toc-container,.lwptoc,.toc_container,.wp-block-rank-math-toc-block{display:none!important}<\/style>\n<p style=\"margin-top:0!important;margin-bottom:0!important;\"><a href=\"https:\/\/univest.in\/stocks\/manaksteel\/manaksia-steels-ltd-share-price-today\">Manaksia Steels Ltd.<\/a> traded at Rs 89.66, up 10% today, taking its market capitalisation to Rs 518.44 crore and placing the stock among notable micro cap gainers.<\/p>\n<p style=\"margin-top:0!important;\">Manaksia Steels Share Price moved to Rs 89.66 on 06 August 2026, up 10% from the previous close of Rs 81.51, lifting the company\u2019s market capitalisation to Rs 518.44 crore. That made Manaksia Steels Ltd. a stock to watch in today\u2019s market session because the move was strong enough to qualify under the price rise screen for its micro cap category.<\/p>\n<p>For readers tracking Manaksia Steels Share Price Today, the verified data shows a clear same-day gain rather than a longer-term milestone. The stock opened at Rs 78, traded between Rs 78 and Rs 89.66, and was sitting at the day\u2019s high at the time of the event capture. The supplied data confirms the price event, but it does not establish a company-specific catalyst behind today\u2019s move.<\/p>\n<p>That still leaves plenty to analyse. Price action, turnover, exchange-wise volume, valuation multiples and profitability metrics all offer context for why Manaksia Steels Stock News is drawing attention. In addition, the company sits within the Iron &#038; Steel sector and Steel &#038; Iron Products industry, where benchmark valuation and return ratios help frame the move more carefully.<\/p>\n<p>In this Univest analysis, investors can focus on five things quickly: what happened today, why the stock is trending, what the financial metrics show, how it compares with industry numbers, and what deserves monitoring next. Manaksia Steels Share Price has risen sharply in one session; the bigger question is how that price action fits with fundamentals, sector positioning and peer valuation.<\/p>\n<h2 class=\"ez-toc-exclude\"><span class=\"ez-toc-section\" id=\"Manaksia_Steels_Ltd_MANAKSTEEL_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Manaksia Steels Ltd. (MANAKSTEEL) Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 89.66<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 81.51<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Change<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">+Rs 8.15 (+10%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Day Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 78<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Day High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 89.66<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Day Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 78<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Volume (BSE)<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">47,389<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>BSE Traded Volume<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">47,389<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>NSE Traded Volume<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">3,83,235<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Combined NSE + BSE Volume<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">4,30,624<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Turnover<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 0.42 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 518.44 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Micro Cap<\/td>\n<\/tr>\n<\/table>\n<p>Manaksia Steels Ltd. (MANAKSTEEL) traded at Rs 89.66. versus the previous close of Rs 81.51, a rise of 10%. The stock opened at Rs 78, reached Rs 89.66, touched Rs 78. Reported volume was 47,389.<\/p>\n<h2 class=\"ez-toc-exclude\"><span class=\"ez-toc-section\" id=\"Manaksia_Steels_Ltd_MANAKSTEEL_Fundamental_Analysis\"><\/span><strong>Manaksia Steels Ltd. (MANAKSTEEL) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 518.44 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.38x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.64x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">12.82%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.55%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 6.09<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0%<\/td>\n<\/tr>\n<\/table>\n<p>Manaksia Steels Ltd. was valued at a P\/E ratio of 13.38x, a P\/B ratio of 1.64x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.<\/p>\n<p>Profitability and capital efficiency were represented by ROE of 12.82% and ROCE of 13.55%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.<\/p>\n<p>Per-share and shareholder-return metrics included EPS of Rs 6.09, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.<\/p>\n<p>Manaksia Steels Fundamental Analysis shows a micro cap company with a market capitalisation of Rs 518.44 crore trading at a P\/E ratio of 13.38 and a P\/B ratio of 1.64. On the profitability side, return ratios stand at ROE of 12.82% and ROCE of 13.55%, while EPS is Rs 6.09 and dividend yield is 0. These numbers provide a measured fundamental backdrop to today\u2019s price rise.<\/p>\n<p>The valuation starting point is important. A P\/E of 13.38 means the stock is trading at 13.38 times its earnings, which is below the same-industry median P\/E of 17.8 and well below the industry average P\/E of 35.8 in the supplied benchmark set. That does not by itself make the stock cheap in absolute terms, but it does indicate that Manaksia Steels Share Price is not being valued at the richer end of the displayed Steel &#038; Iron Products range.<\/p>\n<p>The P\/B ratio of 1.64 places the stock slightly above the benchmark median P\/B of 1.33 but below the benchmark average of 1.99. That suggests the market is valuing the company above the middle of the industry on book value terms, without pushing it toward the top of the observed range. In financial analysis terms, that is a relatively balanced position rather than an extreme one.<\/p>\n<p>Profitability metrics add another layer. ROE of 12.82% is notably above the benchmark median ROE of 4.68%, although below the benchmark average of 30.91%, which appears influenced by stronger outliers in the industry set. ROCE of 13.55% is above both the benchmark median ROCE of 9.21% and the benchmark average ROCE of 10.45%. That combination indicates returns on capital that are comparatively solid against the same-industry sample.<\/p>\n<p>EPS of Rs 6.09 is the earnings attributable to each share and gives useful context to the P\/E multiple of 13.38. Dividend yield at 0 shows that the stock is not offering a current historical payout yield on the supplied figures. Taken together, Manaksia Steels Share Price Today is drawing attention not only because of price action but also because the available valuation and return metrics show a company that is not obviously stretched against its industry benchmark. From here, the next step is to see how the same numbers look in sector and peer context.<\/p>\n<h2 class=\"ez-toc-exclude\"><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Iron &amp; Steel<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Steel &amp; Iron Products<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.38x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">17.8x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">35.8x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.3x to 378.79x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.64x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.33x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">12.82%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">4.68%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.55%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">9.21%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 518.44 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 145.8 crore<\/td>\n<\/tr>\n<\/table>\n<p>Manaksia Steels Ltd. (MANAKSTEEL) is classified under sector: Iron &amp; Steel and industry: Steel &amp; Iron Products.<\/p>\n<p>Manaksia Steels Ltd. (MANAKSTEEL) has a P\/E ratio of 13.38x, which is below the benchmark median of 17.8x, a difference of -24.83%. P\/E is a valuation multiple and is not, by itself, a buy or sell signal.<\/p>\n<p>Manaksia Steels Ltd. (MANAKSTEEL) has a ROE of 12.82%, which is above the benchmark median of 4.68%, a difference of +173.93%. Manaksia Steels Ltd. (MANAKSTEEL) has a ROCE of 13.55%, which is above the benchmark median of 9.21%, a difference of +47.12%.<\/p>\n<p>Track today&#8217;s top gainers through the <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>. The peer table below provides the company-level comparison.<\/p>\n<p>The sector snapshot places Manaksia Steels Ltd. inside the Iron &#038; Steel sector and the Steel &#038; Iron Products industry, using a same-industry benchmark of 105 companies. Within that benchmark, the company\u2019s P\/E, P\/B, ROE, ROCE and market capitalisation can be compared directly with median, average and range data to judge where it sits in the wider pack.<\/p>\n<p>On valuation, the company P\/E of 13.38 is below the benchmark median of 17.8 and far below the benchmark average of 35.8. The benchmark P\/E range runs from 0.3 to 378.79 across 86 companies, so Manaksia Steels Share Price is positioned in the lower half of the observed valuation band rather than near the industry\u2019s expensive extremes. For Stock Market Today readers searching for context, that is one reason today\u2019s move may be attracting interest without being supported by an already elevated earnings multiple.<\/p>\n<p>The company P\/B ratio of 1.64 compares with an industry median of 1.33 and an average of 1.99, based on 102 companies. That places the stock above the midpoint on book valuation but still below the average industry reading. The benchmark P\/B range of -9.79 to 23.68 also shows how dispersed valuations are in this part of the market.<\/p>\n<p>Return ratios are more constructive. Company ROE of 12.82% stands above the benchmark median ROE of 4.68, though below the average of 30.91 across 103 companies. Company ROCE of 13.55% is above both the median ROCE of 9.21 and the average ROCE of 10.45. In sector terms, that suggests capital efficiency stronger than much of the displayed group.<\/p>\n<p>Market-cap context is also relevant. At Rs 518.44 crore, the company is above the benchmark median market capitalisation of Rs 145.8 crore and above the benchmark average of Rs 471.46 crore, with the benchmark range stretching from Rs 3.53 crore to Rs 3,093.55 crore across 104 companies. Univest reads this as a small but not insignificant player inside its industry basket, which helps explain why Manaksia Steels Share Price Rise is being noticed in the broader Indian Stock Market conversation today.<\/p>\n<h2 class=\"ez-toc-exclude\"><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/jtlind\/jtl-industries-ltd-share-price-today\"><strong>JTL Industries Ltd<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">JTLIND<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3,093.55<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">26.81<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.07<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">24.68<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">22.3<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/vssl\/vardhman-special-steels-ltd-share-price-today\"><strong>Vardhman Special Steels Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">VSSL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2,942.62<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">34.33<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3.94<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.14<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.97<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/rhetan\/rhetan-tmt-ltd-share-price-today\"><strong>Rhetan TMT Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">RHETAN<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2,572.31<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">249.81<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">23.68<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3.76<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4.11<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/penind\/pennar-industries-ltd-share-price-today\"><strong>Pennar Industries Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">PENIND<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2,248.56<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16.18<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.92<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">0.41<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.85<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/prakash\/prakash-industries-ltd-share-price-today\"><strong>Prakash Industries Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">PRAKASH<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2,243<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.79<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">0.63<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4.87<\/td>\n<\/tr>\n<\/table>\n<p>Manaksia Steels Ltd. (MANAKSTEEL) has a P\/E ratio of 13.38x compared with the displayed peer median of 26.81x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 12.82% compares with a peer median of 3.76% across the companies shown in the table. ROCE stood at 13.55% versus the displayed peer median of 6.85%, providing a capital-efficiency comparison. Manaksia Steels Ltd. (MANAKSTEEL) has a market capitalisation of Rs 518.44 crore. Among the 5 peers shown, 5 have a larger market capitalisation.<\/p>\n<p>Against listed peers, Manaksia Steels Ltd. occupies a distinct middle ground on valuation and return metrics. Its market capitalisation of Rs 518.44 crore is much smaller than large names in the supplied comparison set such as JTL Industries at Rs 3,093.55 crore, Vardhman Special Steels at Rs 2,942.62 crore and Rhetan TMT at Rs 2,572.31 crore. Even the lower end of the displayed peer set, such as Frontier Springs at Rs 1,654.29 crore and Hi-Tech Pipes at Rs 1,745.51 crore, remains well above Manaksia Steels on size.<\/p>\n<p>However, valuation is where the picture becomes more nuanced. Manaksia Steels trades at a P\/E of 13.38, below JTL Industries at 26.81, Vardhman Special Steels at 34.33, Pennar Industries at 16.18, MSP Steel &#038; Power at 53.66, Mahamaya Steel Industries at 183.86, Hi-Tech Pipes at 22.76 and Frontier Springs at 26.98. Only Prakash Industries at 6.79 and Mukand at 3.4 trade at lower P\/E multiples among the listed peers supplied.<\/p>\n<p>On P\/B, Manaksia Steels at 1.64 sits below JTL Industries at 2.07, Vardhman Special Steels at 3.94, Rhetan TMT at 23.68, Pennar Industries at 1.92, MSP Steel &#038; Power at 1.93, Mahamaya Steel Industries at 11.12 and Frontier Springs at 9.02, though above Prakash Industries at 0.63, Mukand at 1.35 and Hi-Tech Pipes at 1.3.<\/p>\n<p>Profitability also offers mixed but credible context. ROE of 12.82% is lower than JTL Industries at 24.68 and Mukand at 31.23, but above Vardhman Special Steels at 10.14, Rhetan TMT at 3.76, Pennar Industries at 0.41, Prakash Industries at 3.29, MSP Steel &#038; Power at 0.87, Mahamaya Steel Industries at 0.52 and Hi-Tech Pipes at 12.18. It is slightly below Frontier Springs at 14.07. ROCE of 13.55% is below JTL Industries at 22.3 and Frontier Springs at 18.29, but above most of the other supplied names, including Vardhman Special Steels at 12.97 and Hi-Tech Pipes at 12.56.<\/p>\n<p>So while Manaksia Steels Share Price Live attention is being driven by today\u2019s gain, the peer data shows the stock is not simply a momentum story. It sits on a lower valuation multiple than many peers while offering return metrics that are competitive with a large part of the comparison basket. That makes the stock relevant to both price-action watchers and investors scanning relative valuation in Steel &#038; Iron Products.<\/p>\n<h2 class=\"ez-toc-exclude\"><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Manaksia_Steels\"><\/span><strong>Why Investors Are Watching Manaksia Steels<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors are watching this stock because today\u2019s move combines a clear same-day price rise with a valuation and profitability profile that stands out more positively than the company\u2019s size alone might suggest. Manaksia Steels Share Price has become part of today\u2019s Market News flow not just because it gained 10%, but because the supporting numbers give the move context worth tracking on Univest.<\/p>\n<ul>\n<li><strong>Verified price action:<\/strong> the stock rose 10% from Rs 81.51 to Rs 89.66 and was trading at its intraday high.<\/li>\n<li><strong>Trading activity:<\/strong> total volume reached 4,30,624 shares, with turnover of Rs 0.42 crore and a heavier share of activity on NSE.<\/li>\n<li><strong>Valuation context:<\/strong> the P\/E of 13.38 is below the industry median of 17.8 and below the average of 35.8.<\/li>\n<li><strong>Profitability context:<\/strong> ROE is 12.82% and ROCE is 13.55%, with ROCE above both industry median and average.<\/li>\n<li><strong>Sector positioning:<\/strong> the company operates in Iron &#038; Steel within a 105-company same-industry benchmark.<\/li>\n<\/ul>\n<p>What should investors monitor next? The key points are whether Manaksia Steels Share Price continues to hold near the upper end of today\u2019s range, whether activity remains broad across exchanges, and whether future Manaksia Steels Latest News reinforces or changes the current valuation narrative. Univest would also watch how the stock continues to compare with industry profitability and peer multiples rather than reading a single-day move in isolation.<\/p>\n<h2 class=\"ez-toc-exclude\"><span class=\"ez-toc-section\" id=\"About_Manaksia_Steels\"><\/span><strong>About Manaksia Steels<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Manaksia Steels Ltd. is classified in the Iron &#038; Steel sector and the Steel &#038; Iron Products industry. That positioning alone gives a useful outline of what the business is linked to in the listed market: it sits within the broader metals ecosystem where investors often compare companies through earnings multiples, book value, return ratios and market capitalisation.<\/p>\n<p>Based on the supplied classification, Manaksia Steels Share Price is best read in the context of industrial and manufacturing-linked listed companies rather than as a consumer or services stock. Its peer set includes businesses such as JTL Industries, Vardhman Special Steels, Pennar Industries, Prakash Industries and Hi-Tech Pipes, all of which operate within the same broad industry grouping. That means market participants generally evaluate it through the lens of sector valuation, balance-sheet efficiency and capital returns.<\/p>\n<p>At Rs 518.44 crore in market capitalisation, the company is smaller than the larger listed names in its immediate comparison set, yet not at the bottom of the industry benchmark by size. That makes Manaksia Steels Stock Analysis particularly relevant for investors who follow smaller listed industrial companies where valuation dispersion can be wide. On Univest, company context matters because understanding where a business sits inside its sector often helps explain why a stock becomes one of the Stocks in News on a given day, even when the supplied data does not identify a specific corporate trigger.<\/p>\n<h2 class=\"ez-toc-exclude\"><span class=\"ez-toc-section\" id=\"Track_Manaksia_Steels_Share_Price_on_Univest\"><\/span><strong>Track Manaksia Steels Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/manaksteel\/manaksia-steels-ltd-share-price-today\">Manaksia Steels Ltd. (MANAKSTEEL) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top gainers lists and related market analysis.<\/p>\n<p>Readers following Manaksia Steels Share Price can use Univest to track live price moves, day change, market capitalisation, sector classification and broader stock performance context. For investors comparing listed companies, Univest also helps place Manaksia Steels Share Price Today alongside valuation ratios such as P\/E and P\/B, return metrics like ROE and ROCE, and benchmark comparisons within the same industry.<\/p>\n<p>Because Manaksia Steels Stock News can attract both short-term and research-driven interest, it helps to watch the stock with a structured framework. On Univest, users can monitor share price live movement, 52-week levels when available, peer comparison, sector metrics, shareholding pattern when disclosed and market insights that place a single-session gain in a broader analytical context.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h2 class=\"ez-toc-exclude\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Manaksia_Steels_Share_Price_Today\"><\/span><strong>What is Manaksia Steels Share Price Today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Manaksia Steels Share Price Today was Rs 89.66 at the captured time on 06 August 2026. The stock was up 10% from the previous close of Rs 81.51 and was trading at its intraday high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Manaksia_Steels_rising_today\"><\/span><strong>Why is Manaksia Steels rising today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The supplied data confirms that Manaksia Steels rose 10% in a single session and cleared the price rise screen for its Micro Cap category. However, the verified dataset does not identify a company-specific catalyst for today\u2019s move.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_did_Manaksia_Steels_gain_in_todays_trade\"><\/span><strong>How much did Manaksia Steels gain in today\u2019s trade?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Manaksia Steels gained Rs 8.15 in today\u2019s trade, rising from the previous close of Rs 81.51 to Rs 89.66. In percentage terms, that equals a 10% share price gain during the session.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_todays_price_action_in_Manaksia_Steels_show\"><\/span><strong>What does today\u2019s price action in Manaksia Steels show?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Today\u2019s price action shows a strong recovery from the opening level of Rs 78 to Rs 89.66. The stock also touched a low of Rs 78 and ended the captured period at its day high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_trading_volume_in_Manaksia_Steels_today\"><\/span><strong>What was the trading volume in Manaksia Steels today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Total traded volume in Manaksia Steels stood at 4,30,624 shares. BSE volume was 47,389 shares, NSE volume was 3,83,235 shares, and the reported turnover for the session was Rs 0.42 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_capitalisation_of_Manaksia_Steels\"><\/span><strong>What is the market capitalisation of Manaksia Steels?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Manaksia Steels had a market capitalisation of Rs 518.44 crore in the supplied data. That places the company in the Micro Cap category and above the same-industry benchmark median market capitalisation of Rs 145.8 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Manaksia_Steels_expensive_based_on_PE\"><\/span><strong>Is Manaksia Steels expensive based on P\/E?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Manaksia Steels trades at a P\/E of 13.38, which is below the same-industry median of 17.8 and below the average of 35.8. On the supplied benchmark figures, its earnings valuation is not at the richer end.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_profitable_is_Manaksia_Steels_compared_with_its_industry\"><\/span><strong>How profitable is Manaksia Steels compared with its industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Manaksia Steels reported ROE of 12.82% and ROCE of 13.55%. Its ROE is above the industry median of 4.68, while its ROCE is above both the median of 9.21 and average of 10.45.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Manaksia_Steels_compare_with_peers_on_valuation\"><\/span><strong>How does Manaksia Steels compare with peers on valuation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> At a P\/E of 13.38, Manaksia Steels trades below peers such as JTL Industries, Vardhman Special Steels, Pennar Industries and Hi-Tech Pipes. Only Prakash Industries and Mukand have lower P\/E ratios in the supplied peer list.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_should_investors_monitor_after_todays_move_in_Manaksia_Steels\"><\/span><strong>What should investors monitor after today\u2019s move in Manaksia Steels?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors can monitor whether Manaksia Steels holds near today\u2019s upper range, how trading participation evolves after volume of 4,30,624 shares, and whether later company or sector updates change the current valuation and profitability context.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Manaksia Steels Ltd. Share Price rises to Rs Rs 89.66. marking a 10% rise today. clearing the 8.1% threshold for Micro Cap stocks. Market cap stands at Rs<\/p>\n","protected":false},"author":29,"featured_media":188954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-188955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["188954"],"rank_math_title":["Manaksia Steels Share Price Today: Technicals, Valuation"],"rank_math_description":["Manaksia Steels Share Price rose 10% to Rs 89.66. 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