{"id":213461,"date":"2026-08-20T11:06:24","date_gmt":"2026-08-20T05:36:24","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=213461"},"modified":"2026-08-20T11:06:24","modified_gmt":"2026-08-20T05:36:24","slug":"why-modern-threads-india-ltd-share-price-rise-2026-08-20","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-modern-threads-india-ltd-share-price-rise-2026-08-20\/","title":{"rendered":"Modern Threads (India) Ltd. (MODTHREAD): Modern Threads (India) Share Price Rises 12.59% as Micro Cap Stock Clears 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;\">Modern Threads (India) Share Price Today rose to Rs 59.9, up 12.59%, taking market capitalisation to Rs 185 crore and placing the stock among today\u2019s notable micro-cap gainers.<\/p>\n<p style=\"margin-top:0!important;\">Modern Threads (India) Share Price moved to Rs 59.9 on 20 August 2026, up Rs 6.7 or 12.59% from the previous close of Rs 53.2, lifting the company\u2019s market capitalisation to Rs 185 crore. <\/p>\n<p>For investors tracking Modern Threads (India) Share Price Today, the significance is straightforward: the stock opened at Rs 53.2, traded as high as Rs 61.7, did not fall below Rs 53.2 during the session, and remained well above the prior close as trading developed. That kind of intraday profile often puts a stock on Top Gainers Today screens, even when the supplied data does not establish a company-specific catalyst.<\/p>\n<p>The verified figures show the event clearly, but they do not establish why the stock is rising today beyond the market action itself. What the data does confirm is that Modern Threads (India) Stock News is being driven by a measurable share price gain, supported by combined traded volume of 40,537 shares across exchanges and turnover of Rs 0.02 crore. Univest notes that investors are likely to focus next on whether the move holds above the opening zone, how valuation compares with the Textile &#8211; Spinning benchmark, and whether profitability metrics justify sustained attention.<\/p>\n<h2 class=\"ez-toc-exclude\"><span class=\"ez-toc-section\" id=\"Modern_Threads_India_Ltd_MODTHREAD_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Modern Threads (India) Ltd. (MODTHREAD) 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 59.9<\/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 53.2<\/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 6.7 (+12.59%)<\/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 53.2<\/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 61.7<\/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 53.2<\/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;\">2,615<\/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;\">2,615<\/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;\">37,922<\/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;\">40,537<\/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 0.02 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 185 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>Modern Threads (India) Ltd. (MODTHREAD) traded at Rs 59.9. versus the previous close of Rs 53.2, a rise of 12.59%. The stock opened at Rs 53.2, reached Rs 61.7, touched Rs 53.2. Reported volume was 2,615.<\/p>\n<h2 class=\"ez-toc-exclude\"><span class=\"ez-toc-section\" id=\"Modern_Threads_India_Ltd_MODTHREAD_Fundamental_Analysis\"><\/span><strong>Modern Threads (India) Ltd. (MODTHREAD) 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 185 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;\">9.86x<\/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;\">1.22x<\/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;\">0%<\/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;\">5.53%<\/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 5.39<\/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>Modern Threads (India) Ltd. was valued at a P\/E ratio of 9.86x, a P\/B ratio of 1.22x. 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 0% and ROCE of 5.53%. 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 5.39, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.<\/p>\n<p>Modern Threads (India) Fundamental Analysis starts with size and valuation. The company\u2019s market capitalisation stands at Rs 185 crore, placing it in the micro-cap segment of the Indian stock market. Its price-to-earnings ratio is 9.86 and its price-to-book ratio is 1.22. On the face of it, that puts the stock below the industry median P\/E of 13.39 and far below the industry average P\/E of 32.47 within the supplied same-industry benchmark set, while its P\/B sits above the industry median of 0.73 but below the average of 1.52.<\/p>\n<p>For investors scanning Modern Threads (India) Share Price and valuation together, the earnings multiple is one of the more supportive figures in the dataset. An EPS of 5.39 means the stock is trading at a multiple of earnings that is not stretched relative to many listed peers in Textile &#8211; Spinning. At the same time, the market is assigning 1.22 times book value to the company. That book-linked valuation is neither the lowest nor the highest within the benchmark range, but it is above the sector median, which suggests the market is not pricing the company as a deep discount asset.<\/p>\n<p>Profitability metrics are more mixed. ROE is 0, while ROCE is 5.53. That means the company\u2019s return on shareholder equity is currently muted, and its return on capital employed is positive but below the industry median ROCE of 8.49 and well below the industry average ROCE of 25.96. In other words, the valuation looks moderate on P\/E, but the return profile does not yet point to standout operating efficiency compared with the wider peer set.<\/p>\n<p>Modern Threads (India) Share Price Today also needs to be viewed alongside shareholder payout data. Dividend yield is 0, which means the stock is not currently offering a historical yield cushion through the supplied dataset. That places even more emphasis on earnings, capital efficiency and business execution when investors conduct Modern Threads (India) Stock Analysis.<\/p>\n<p>Univest\u2019s reading of the numbers is that the fundamentals provide context rather than a decisive conclusion. The stock is not expensive on the supplied P\/E, but profitability ratios remain subdued, which is why the valuation discussion needs to be weighed against industry and peer comparisons before drawing stronger conclusions.<\/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;\">Textile<\/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;\">Textile &#8211; Spinning<\/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;\">9.86x<\/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;\">13.39x<\/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;\">32.47x<\/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;\">1.27x to 328.59x<\/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;\">1.22x<\/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;\">0.73x<\/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;\">0%<\/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;\">2.28%<\/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;\">5.53%<\/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;\">8.49%<\/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 185 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 61.05 crore<\/td>\n<\/tr>\n<\/table>\n<p>Modern Threads (India) Ltd. (MODTHREAD) is classified under sector: Textile and industry: Textile &#8211; Spinning.<\/p>\n<p>Modern Threads (India) Ltd. (MODTHREAD) has a P\/E ratio of 9.86x, which is below the benchmark median of 13.39x, a difference of -26.36%. P\/E is a valuation multiple and is not, by itself, a buy or sell signal.<\/p>\n<p>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%.<\/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>Modern Threads (India) Share Price is best understood in the context of its Textile sector and Textile &#8211; Spinning industry. The supplied benchmark covers the same industry and includes 67 companies, allowing a direct comparison of valuation, profitability and market-cap positioning rather than a broad market-level generalisation.<\/p>\n<p>Within this benchmark, Modern Threads (India) has a company P\/E of 9.86 versus a median P\/E of 13.39 and an average P\/E of 32.47 across 44 companies with P\/E data. The industry P\/E range runs from 1.27 to 328.59. That places the stock below both the median and average valuation on earnings, which is relevant when the market is reassessing the share price after today\u2019s rise. Its company P\/B of 1.22 compares with a median P\/B of 0.73 and an average of 1.52 across 67 companies, against a benchmark range from -10.51 to 33.79. So the stock trades at a book multiple above the median but still below the benchmark average.<\/p>\n<p>Profitability tells a less aggressive story. Company ROE is 0 against a median ROE of 2.28 and an average of 5.71 for the same 67-company benchmark. Company ROCE is 5.53, below the median of 8.49 and far below the average of 25.96. These figures suggest that while the valuation is not demanding on P\/E, the return metrics are not yet leading the industry.<\/p>\n<p>Market-cap context is also useful for Modern Threads (India) Share Price News. At Rs 185 crore, the company stands above the industry median market cap of Rs 61.05 crore but below the benchmark average of Rs 203.5 crore. The overall benchmark spans from Rs 3.01 crore to Rs 1,345.59 crore. Univest therefore sees the stock as a smaller listed player within its industry, but not among the very smallest names in the benchmark universe.<\/p>\n<p>That combination matters: a below-median P\/E, a mid-range P\/B, and below-benchmark return ratios create a mixed sector picture. The share price rise is clear, but the industry comparison suggests investors will continue to weigh value against operating quality.<\/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\/pashupati\/pashupati-cotspin-ltd-share-price-today\"><strong>Pashupati Cotspin Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">PASHUPATI<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,345.59<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">87.56<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">8<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.3<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">8.81<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/ghcltextil\/ghcl-textiles-ltd-share-price-today\"><strong>GHCL Textiles Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">GHCLTEXTIL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,207.73<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.55<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">0.78<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">-32.82<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">-32.82<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/naharsping\/nahar-spinning-mills-ltd-share-price-today\"><strong>Nahar Spinning Mills Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">NAHARSPING<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,078.71<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">14.24<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">0.68<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4.82<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.62<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/ambikco\/ambika-cotton-mills-ltd-share-price-today\"><strong>Ambika Cotton Mills Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">AMBIKCO<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">940.88<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.57<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">0.96<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.69<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">17.06<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/sumeetinds\/sumeet-industries-ltd-share-price-today\"><strong>Sumeet Industries Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SUMEETINDS<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">934.44<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">32.24<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.31<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">0<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">-1.66<\/td>\n<\/tr>\n<\/table>\n<p>Modern Threads (India) Ltd. (MODTHREAD) has a P\/E ratio of 9.86x compared with the displayed peer median of 14.24x. 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 185 crore. Among the 5 peers shown, 5 have a larger market capitalisation.<\/p>\n<p>Modern Threads (India) Share Price can also be framed against listed Textile &#8211; Spinning peers. On market capitalisation, the company at Rs 185 crore is materially smaller than the supplied peer set, where names such as Pashupati Cotspin Ltd. stand at Rs 1,345.59 crore, GHCL Textiles Ltd. at Rs 1,207.73 crore, Nahar Spinning Mills Ltd. at Rs 1,078.71 crore, Ambika Cotton Mills Ltd. at Rs 940.88 crore and Sumeet Industries Ltd. at Rs 934.44 crore. Even Precot Ltd. at Rs 889.38 crore, Rajapalayam Mills Ltd. at Rs 778.05 crore, CIL Nova Petrochemicals Ltd. at Rs 762.46 crore, Sutlej Textiles And Industries Ltd. at Rs 625.83 crore and Nahar Industrial Enterprises Ltd. at Rs 514.36 crore are all larger.<\/p>\n<p>On valuation, Modern Threads (India) trades at 9.86 times earnings. That is below Pashupati Cotspin\u2019s 87.56, GHCL Textiles\u2019 12.55, Nahar Spinning Mills\u2019 14.24, Ambika Cotton Mills\u2019 11.57, Sumeet Industries\u2019 32.24, Precot\u2019s 16.93, CIL Nova Petrochemicals\u2019 14.23 and above Rajapalayam Mills\u2019 6.1 and Nahar Industrial Enterprises\u2019 7.05. Sutlej Textiles does not have a supplied P\/E in the dataset used here.<\/p>\n<p>The P\/B comparison also adds texture. Modern Threads at 1.22 times book sits below Pashupati Cotspin\u2019s 8, Sumeet Industries\u2019 2.31, Precot\u2019s 1.71 and CIL Nova Petrochemicals\u2019 5.46, but above GHCL Textiles\u2019 0.78, Nahar Spinning\u2019s 0.68, Ambika Cotton\u2019s 0.96, Rajapalayam\u2019s 0.31, Sutlej Textiles\u2019 0.76 and Nahar Industrial\u2019s 0.48.<\/p>\n<p>Profitability is where the peer picture becomes tougher. Modern Threads shows ROE of 0 and ROCE of 5.53. That is below Ambika Cotton\u2019s ROE of 12.69 and ROCE of 17.06, Precot\u2019s 26.83 and 22.32, Pashupati Cotspin\u2019s 6.3 and 8.81, Nahar Spinning\u2019s 4.82 and 6.62, CIL Nova Petrochemicals\u2019 12.79 and 14.68, and Sutlej Textiles\u2019 14.62 and 14.63. It is ahead of Sumeet Industries on ROCE, which is -1.66, and ahead of GHCL Textiles on both ROE and ROCE, each at -32.82. Rajapalayam Mills posts ROE of 0.94 and ROCE of 3.73, while Nahar Industrial shows ROE of -1.18 and ROCE of 3.13. Univest therefore sees the stock as reasonably valued on earnings against several peers, but not yet a leader on return ratios.<\/p>\n<h2 class=\"ez-toc-exclude\"><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Modern_Threads_India\"><\/span><strong>Why Investors Are Watching Modern Threads (India)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Modern Threads (India) Stock News is drawing attention because today\u2019s move was large enough to clear the stock\u2019s market-cap-specific threshold and place it in the day\u2019s active gainers list. The combination of a 12.59% share price rise, an intraday high of Rs 61.7 and cross-exchange volume has made the counter relevant for both short-term price trackers and investors reviewing micro-cap Textile names.<\/p>\n<ul>\n<li><strong>Verified price action:<\/strong> Modern Threads (India) Share Price rose from Rs 53.2 to Rs 59.9, with the day low matching the open at Rs 53.2 and the day high reaching Rs 61.7.<\/li>\n<li><strong>Volume participation:<\/strong> Total traded volume was 40,537 shares, including 2,615 shares on BSE and 37,922 shares on NSE, with turnover of Rs 0.02 crore.<\/li>\n<li><strong>Valuation context:<\/strong> The stock trades at a P\/E of 9.86 and P\/B of 1.22, placing it below the industry median P\/E but above the industry median P\/B.<\/li>\n<li><strong>Profitability context:<\/strong> ROE is 0 and ROCE is 5.53, which keeps financial quality under scrutiny even after the price rise.<\/li>\n<li><strong>Sector positioning:<\/strong> The company operates in Textile &#8211; Spinning, where the benchmark covers 67 companies and provides a broad listed comparison set.<\/li>\n<\/ul>\n<p>What investors may monitor next is whether Modern Threads (India) Share Price holds a meaningful portion of today\u2019s gain, how the stock behaves relative to the Rs 53.2 opening base and Rs 61.7 intraday high, and whether valuation support remains attractive against industry profitability metrics. Univest also notes that the supplied RSI stands at 44.85, which places momentum in a broadly neutral range rather than an elevated one.<\/p>\n<h2 class=\"ez-toc-exclude\"><span class=\"ez-toc-section\" id=\"About_Modern_Threads_India\"><\/span><strong>About Modern Threads (India)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Modern Threads (India) Ltd. is classified within the Textile sector and specifically in the Textile &#8211; Spinning industry. That places the company in a part of the Indian stock market where listed peers are typically assessed through earnings multiples, book-value multiples and capital-efficiency ratios because operating conditions can vary significantly across yarn, spinning and textile-linked businesses.<\/p>\n<p>From a market-positioning perspective, Modern Threads (India) is a micro-cap company with a market capitalisation of Rs 185 crore. Within the same-industry benchmark of 67 companies, that puts it above the median market cap of Rs 61.05 crore but below the average market cap of Rs 203.5 crore. This suggests that the company is not among the largest listed names in its segment, but it is also not at the extreme lower end of the benchmark range.<\/p>\n<p>For investors reading Modern Threads (India) Latest News and Modern Threads (India) Company News, the practical takeaway is that the stock sits in a listed industry where peer dispersion is wide. The benchmark valuation range, profitability spread and market-cap variation all show that Textile &#8211; Spinning names can trade on very different financial profiles. That is why a move in Modern Threads (India) Share Price Today can attract attention even without a separately confirmed company-specific trigger: the sector offers room for both valuation re-rating and scrutiny of return metrics.<\/p>\n<p>Univest uses this context to frame the stock not as a generic textile name, but as a micro-cap company whose market relevance can change quickly when price action and industry-relative valuation begin to move together.<\/p>\n<h2 class=\"ez-toc-exclude\"><span class=\"ez-toc-section\" id=\"Track_Modern_Threads_India_Share_Price_on_Univest\"><\/span><strong>Track Modern Threads (India) Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/modthread\/modern-threads-ltd-share-price-today\">Modern Threads (India) Ltd. (MODTHREAD) 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>Investors following Modern Threads (India) Share Price can use Univest to monitor live share price moves, day change, market capitalisation, 52-week levels, technical indicators, valuation ratios and shareholding pattern when available. For stocks that appear in Top Gainers Today and Stocks in News screens, a structured view helps separate raw price movement from deeper stock analysis.<\/p>\n<p>On Univest, users can track Modern Threads (India) Share Price Today alongside metrics such as P\/E Ratio, P\/B Ratio, ROE, ROCE, EPS, dividend yield, sector positioning and peer comparison. That makes it easier to place a single-day move in context with broader Stock Performance, Financial Analysis and Market News without turning the update into a recommendation.<\/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_the_latest_Modern_Threads_India_Share_Price_Today\"><\/span><strong>What is the latest Modern Threads (India) Share Price Today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Modern Threads (India) Share Price Today stood at Rs 59.9 on 20 August 2026. The stock rose Rs 6.7 from the previous close of Rs 53.2, translating into a single-session gain of 12.59%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Modern_Threads_India_rising_today\"><\/span><strong>Why is Modern Threads (India) rising today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The supplied data confirms that the stock rose 12.  However, the verified figures establish the move itself, not a separate company-specific catalyst.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_the_day_high_day_low_and_opening_levels\"><\/span><strong>What were the day high, day low and opening levels?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock opened at Rs 53.2, which was also the day low, and climbed to an intraday high of Rs 61.7. It later closed at Rs 59.9, remaining well above the opening level.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_capitalisation_of_Modern_Threads_India\"><\/span><strong>What is the market capitalisation of Modern Threads (India)?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Modern Threads (India) had a market capitalisation of Rs 185 crore in the supplied session data. That places it in the Micro Cap category and above the industry median market cap of Rs 61.05 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Modern_Threads_India_expensive_compared_with_its_industry_on_PE\"><\/span><strong>Is Modern Threads (India) expensive compared with its industry on P\/E?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock trades at a P\/E of 9.86, which is below the same-industry median of 13.39 and also below the average of 32.47. On earnings valuation alone, it does not appear stretched versus the benchmark.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Modern_Threads_India_compare_on_price-to-book_value\"><\/span><strong>How does Modern Threads (India) compare on price-to-book value?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Modern Threads (India) has a P\/B ratio of 1.22. That is above the same-industry median P\/B of 0.73 but below the industry average of 1.52, placing the stock in a middle valuation band.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_the_profitability_ratios_show_for_Modern_Threads_India\"><\/span><strong>What do the profitability ratios show for Modern Threads (India)?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The supplied profitability metrics show ROE of 0 and ROCE of 5.53. Compared with the industry medians of 2.28 for ROE and 8.49 for ROCE, those figures indicate a relatively modest return profile.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_EPS_and_dividend_yield_of_Modern_Threads_India\"><\/span><strong>What are the EPS and dividend yield of Modern Threads (India)?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The supplied data shows EPS of 5.39 and dividend yield of 0 for Modern Threads (India). That means the stock currently reflects reported earnings per share, but no historical yield support appears in this dataset.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_industry_does_Modern_Threads_India_belong_to\"><\/span><strong>Which industry does Modern Threads (India) belong to?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Modern Threads (India) operates in the Textile sector and the Textile &#8211; Spinning industry. The supplied same-industry benchmark covers 67 companies, which helps investors compare valuation, profitability and market-cap positioning directly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Modern Threads (India) Ltd. Share Price rises to Rs Rs 59.9. marking a 12.59% rise today. clearing the 8.1% threshold for Micro Cap stocks. Market cap stands at<\/p>\n","protected":false},"author":29,"featured_media":213459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-213461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["213459"],"rank_math_title":["Modern Threads (India) Share Price News: Price Rise Analysis"],"rank_math_description":["Modern Threads (India) Share Price rose 12.59% today. Read price action, volume, valuation, sector benchmark and peer analysis in this stock update."],"rank_math_focus_keyword":["Modern Threads (India) Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/08\/Modern_Threads_India_Ltd_MODTHREAD_Modern_Threads_India_Share_Price_Rises_1259_as_Micro_Cap_Stock_Clears_Threshold_bullish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/213461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=213461"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/213461\/revisions"}],"predecessor-version":[{"id":213463,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/213461\/revisions\/213463"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/213459"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=213461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=213461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=213461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}