{"id":263259,"date":"2026-09-23T10:20:52","date_gmt":"2026-09-23T04:50:52","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=263259"},"modified":"2026-09-23T10:20:52","modified_gmt":"2026-09-23T04:50:52","slug":"why-manika-plastech-limited-share-near-52-week-consecutive-low-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/","title":{"rendered":"MANIKA PLASTECH LIMITED (MANIKA): MANIKA 52 Week Low Streak: why the decline is persisting"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/manika\/manika-plastech-limited-share-price-today\">MANIKA PLASTECH LIMITED (MANIKA)<\/a> share price is trading within 2% of its 52-week low of Rs 39.49 today and later stood at Rs 41.16, down 0.96% from the previous close. Market cap was Rs 501 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">MANIKA PLASTECH LIMITED (MANIKA) has now traded within 2% of its 52-week low for its second straight session, and the cumulative move across that streak stands at -4.28%. The latest trough was Rs 39.49, while the current price is Rs 41.16. The supplied data confirms the repeated-low pattern, but it does not establish a company-specific cause for the continued weakness.<\/p>\n<p>The previous close was Rs 41.56, the stock opened at Rs 40.30, and the intraday high matched Rs 41.16 before the session slipped to a low of Rs 39.49. Turnover stood at Rs 0.47 crore and market capitalisation at Rs 501 crore. For a reader, the repeated-low pattern matters more than a single-day move because it shows the stock is continuing to trade close to its yearly low rather than just experiencing one isolated decline.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#MANIKA_52_Week_Low_Streak_Consecutive_Low_Analysis\" title=\"MANIKA 52 Week Low Streak: Consecutive Low Analysis\">MANIKA 52 Week Low Streak: Consecutive Low Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#What_the_Repeated_52-Week_Lows_Show\" title=\"What the Repeated 52-Week Lows Show\">What the Repeated 52-Week Lows Show<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#MANIKA_PLASTECH_LIMITED_MANIKA_Fundamental_Analysis\" title=\"MANIKA PLASTECH LIMITED (MANIKA) Fundamental Analysis\">MANIKA PLASTECH LIMITED (MANIKA) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#Why_Investors_Are_Watching\" title=\"Why Investors Are Watching\">Why Investors Are Watching<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#About_the_Company\" title=\"About the Company\">About the Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#Track_MANIKA_on_Univest\" title=\"Track MANIKA on Univest\">Track MANIKA on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#What_does_MANIKA_52_Week_Low_Streak_mean\" title=\"What does MANIKA 52 Week Low Streak mean?\">What does MANIKA 52 Week Low Streak mean?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#How_many_sessions_has_MANIKA_traded_near_its_52-week_low\" title=\"How many sessions has MANIKA traded near its 52-week low?\">How many sessions has MANIKA traded near its 52-week low?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#What_is_the_cumulative_move_across_the_MANIKA_52_Week_Low_Streak\" title=\"What is the cumulative move across the MANIKA 52 Week Low Streak?\">What is the cumulative move across the MANIKA 52 Week Low Streak?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#Did_MANIKA_set_a_fresh_52-week_low_today\" title=\"Did MANIKA set a fresh 52-week low today?\">Did MANIKA set a fresh 52-week low today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#What_was_MANIKAs_latest_trading_range\" title=\"What was MANIKA\u2019s latest trading range?\">What was MANIKA\u2019s latest trading range?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#Is_MANIKA_52_Week_Low_Streak_linked_to_a_confirmed_company-specific_cause\" title=\"Is MANIKA 52 Week Low Streak linked to a confirmed company-specific cause?\">Is MANIKA 52 Week Low Streak linked to a confirmed company-specific cause?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#How_does_MANIKA_compare_with_peers_in_Plastic_Products\" title=\"How does MANIKA compare with peers in Plastic Products?\">How does MANIKA compare with peers in Plastic Products?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#What_should_investors_monitor_after_a_MANIKA_Consecutive_52_Week_Low_event\" title=\"What should investors monitor after a MANIKA Consecutive 52 Week Low event?\">What should investors monitor after a MANIKA Consecutive 52 Week Low event?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-limited-share-near-52-week-consecutive-low-2026\/#Track_MANIKA_PLASTECH_LIMITED_MANIKA_Share_Price_on_Univest\" title=\"Track MANIKA PLASTECH LIMITED (MANIKA) Share Price on Univest\">Track MANIKA PLASTECH LIMITED (MANIKA) Share Price on Univest<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"MANIKA_52_Week_Low_Streak_Consecutive_Low_Analysis\"><\/span><strong>MANIKA 52 Week Low Streak: Consecutive Low 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 41.16<\/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 41.56<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs -0.4 (-0.96%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 40.3<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 41.16<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 39.49<\/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 0.47 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 501 crore<\/td>\n<\/tr>\n<\/table>\n<p>MANIKA PLASTECH LIMITED (MANIKA) traded at Rs 41.16 versus the previous close of Rs 41.56, a fall of 0.96%. The stock opened at Rs 40.3, reached a high of Rs 41.16, touched a low of Rs 39.49.<\/p>\n<p>MANIKA PLASTECH LIMITED ended the session at Rs 41.16, down Rs 0.40 or 0.96% from the previous close of Rs 41.56. The day opened at Rs 40.30, recovered to an intraday high of Rs 41.16 and then printed a low of Rs 39.49, which means the close finished at the upper end of the day\u2019s range but still inside a weak trading band. That structure fits a stock that remains close to its yearly floor even when the last trade is not the day\u2019s low.<\/p>\n<p>For investors tracking MANIKA 52 Week Low Streak, the important point is that the present weakness is not confined to one session. The stock has spent a second straight session within 2% of its 52-week low, and the cumulative decline across the streak is already visible at -4.28%. Turnover of Rs 0.47 crore indicates the value traded in the session, while the market capitalisation of Rs 501 crore places the company in a compact valuation bracket that should be read alongside earnings and sector context, not in isolation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_the_Repeated_52-Week_Lows_Show\"><\/span><strong>What the Repeated 52-Week Lows Show<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>MANIKA 52 Week Low Streak is best read as a continuing price pattern, not as a one-day event. The stock has remained close to its 52-week trough for a second straight session, which means the market is repeatedly testing the same lower zone instead of moving away from it. The supplied data confirms that the stock is under persistent downside pressure in price terms, but it does not explain whether the trigger is company-specific, sector-related or simply a broader market repricing.<\/p>\n<p>The key differentiator in this multi-session setup is the cumulative decline across the streak, not only the latest percentage change. A -4.28% move over the streak shows that the weakness has extended beyond a single intraday dip. For readers searching for MANIKA Consecutive 52 Week Low or MANIKA New One Year Low, the more useful takeaway is that the stock remains pinned near the yearly low zone and has not yet shown a clear move away from it.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"MANIKA_PLASTECH_LIMITED_MANIKA_Fundamental_Analysis\"><\/span><strong>MANIKA PLASTECH LIMITED (MANIKA) 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 501 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;\">21.62x<\/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;\">2.02x<\/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;\">16.42%<\/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;\">19.84%<\/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 1.92<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 20.61<\/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>MANIKA PLASTECH LIMITED (MANIKA) fundamental metrics show P\/E 21.62x, P\/B 2.02x, ROE 16.42%, ROCE 19.84%. These figures provide context only and are not a buy or sell signal.<\/p>\n<p>MANIKA PLASTECH LIMITED has a market capitalisation of Rs 501 crore, which gives readers a sense of company size before judging valuation. On valuation, P\/E at 21.62x, P\/B at 2.02x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 16.42% and ROCE of 19.84%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 1.92, book value per share of Rs 20.61, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P\/E of 15.95x, median ROE of 8.36%, median ROCE of 11.43%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.<\/p>\n<h2><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;\">Plastic Products<\/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;\">Plastic 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;\">21.62x<\/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;\">15.95x<\/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;\">29.19x<\/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;\">0x to 510.18x<\/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;\">2.02x<\/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;\">1.63x<\/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;\">16.42%<\/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;\">8.36%<\/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;\">19.84%<\/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;\">11.43%<\/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 501 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 117.84 crore<\/td>\n<\/tr>\n<\/table>\n<p>MANIKA PLASTECH LIMITED (MANIKA) is classified under sector: Plastic Products and industry: Plastic Products.<\/p>\n<p>MANIKA PLASTECH LIMITED (MANIKA) has a P\/E ratio of 21.62x, which is above the benchmark median of 15.95x, a difference of +35.55%. P\/E is a valuation multiple and is not, by itself, a buy or sell signal.<\/p>\n<p>MANIKA PLASTECH LIMITED (MANIKA) has a ROE of 16.42%, which is above the benchmark median of 8.36%, a difference of +96.41%. MANIKA PLASTECH LIMITED (MANIKA) has a ROCE of 19.84%, which is above the benchmark median of 11.43%, a difference of +73.58%.<\/p>\n<p>Track stocks falling to yearly lows through the <a href=\"https:\/\/univest.in\/screeners\/52-week-low\">Univest 52-week-low screener<\/a>. The peer table below provides the company-level comparison.<\/p>\n<h2><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\/tplplasteh\/tpl-plastech-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>TPL Plastech Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">TPLPLASTEH<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">508.19<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16.87<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.9<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18.37<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">22.93<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/hitechcorp\/hitech-corporation-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Hitech Corporation Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">HITECHCORP<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">534.51<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">32.27<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.94<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4.83<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.69<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/dhabriya\/dhabriya-polywood-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Dhabriya Polywood Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">DHABRIYA<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">540.62<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16.91<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3.96<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19.79<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.43<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/shrjagp\/shri-jagdamba-polymers-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Shri Jagdamba Polymers Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SHRJAGP<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">543.52<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.59<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.6<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16.44<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18.53<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/naharpoly\/nahar-poly-films-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Nahar Poly Films Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">NAHARPOLY<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">548.31<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.92<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">0.66<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">8.07<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.69<\/td>\n<\/tr>\n<\/table>\n<p>MANIKA PLASTECH LIMITED (MANIKA) has a P\/E ratio of 21.62x compared with the displayed peer median of 16.87x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 16.42% compares with a peer median of 16.44% across the companies shown in the table. ROCE stood at 19.84% versus the displayed peer median of 18.53%, providing a capital-efficiency comparison. MANIKA PLASTECH LIMITED (MANIKA) has a market capitalisation of Rs 501 crore. Among the 5 peers shown, 5 have a larger market capitalisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching\"><\/span><strong>Why Investors Are Watching<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>The stock has traded within 2% of its 52-week low for a second straight session, keeping MANIKA 52 Week Low Streak in focus.<\/li>\n<li>The cumulative streak move of -4.28% shows the weakness has extended beyond one trading day.<\/li>\n<li>The current price of Rs 41.16 remains close to the latest trough of Rs 39.49, which keeps the yearly low zone relevant.<\/li>\n<li>Valuation and profitability ratios can be checked against peers to see whether the market is pricing in a wider reset.<\/li>\n<li>Turnover, market capitalisation and sector context help readers track whether the decline remains confined to this stock or reflects a broader pattern.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_the_Company\"><\/span><strong>About the Company<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>MANIKA PLASTECH LIMITED is listed on NSE and BSE and operates in the Plastic Products sector and industry. The company\u2019s current market capitalisation is Rs 501 crore, with reported revenue, profit, asset and liability details not included in this event data set. Even so, the available ratios, market cap and sector position give a usable snapshot for readers following MANIKA Stock News and MANIKA Stock Performance.<\/p>\n<p>The company\u2019s operating profile in the supplied data shows ROE of 16.42%, ROCE of 19.84%, EPS of Rs 1.92 and book value of Rs 20.61. Those numbers matter because they frame the stock\u2019s valuation and help distinguish price weakness from business fundamentals. For readers tracking MANIKA Share Price Update, the company background is useful mainly as context for the repeated near-52-week-low pattern rather than as a standalone story.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_MANIKA_on_Univest\"><\/span><strong>Track MANIKA on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you are following the MANIKA 52 Week Low Streak, the next useful step is to monitor the share price page on Univest for the latest session data, valuation checks and market update coverage. That helps keep the repeated-low pattern in context alongside future trading sessions, peer movement and company announcements.<\/p>\n<h2><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_does_MANIKA_52_Week_Low_Streak_mean\"><\/span><strong>What does MANIKA 52 Week Low Streak mean?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It means MANIKA PLASTECH LIMITED has traded within 2% of its 52-week low for consecutive sessions. In this case, the stock has done so for a second straight session, which highlights a repeated near-yearly-low pattern.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_many_sessions_has_MANIKA_traded_near_its_52-week_low\"><\/span><strong>How many sessions has MANIKA traded near its 52-week low?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock has traded within 2% of its 52-week low for two consecutive sessions. The supplied streak label is, second straight session,, which is the exact framing to use for this event.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_cumulative_move_across_the_MANIKA_52_Week_Low_Streak\"><\/span><strong>What is the cumulative move across the MANIKA 52 Week Low Streak?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The cumulative decline across the streak is -4.28%. That figure comes from the supplied event data and is the best way to understand the full streak rather than looking only at one trading day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_MANIKA_set_a_fresh_52-week_low_today\"><\/span><strong>Did MANIKA set a fresh 52-week low today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data shows the stock traded near its 52-week low again, but it does not require a fresh 52-week low to be set. The correct interpretation is that the stock remained close to the yearly trough.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_MANIKAs_latest_trading_range\"><\/span><strong>What was MANIKA\u2019s latest trading range?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock opened at Rs 40.30, moved to a high of Rs 41.16 and touched a low of Rs 39.49 before closing at Rs 41.16. That places the close near the top of the intraday range, even though the broader.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_MANIKA_52_Week_Low_Streak_linked_to_a_confirmed_company-specific_cause\"><\/span><strong>Is MANIKA 52 Week Low Streak linked to a confirmed company-specific cause?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No confirmed cause is established in the supplied data. The numbers confirm the repeated low pattern, but they do not identify whether the move is driven by company-specific news, sector behaviour or broader market conditions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_MANIKA_compare_with_peers_in_Plastic_Products\"><\/span><strong>How does MANIKA compare with peers in Plastic Products?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MANIKA\u2019s valuation sits above the sector median on P\/E and P\/B, while its ROE and ROCE are above the sector median too. Compared with peers such as TPL Plastech, Dhabriya Polywood and Shri Jagdamba Polymers, it is useful to compare.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_should_investors_monitor_after_a_MANIKA_Consecutive_52_Week_Low_event\"><\/span><strong>What should investors monitor after a MANIKA Consecutive 52 Week Low event?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors can monitor whether the stock stays pinned near the yearly low, whether turnover and valuation stay stable, and whether future company updates or sector trends alter the repeated low pattern. The current data only confirms the streak, not a.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_MANIKA_PLASTECH_LIMITED_MANIKA_Share_Price_on_Univest\"><\/span><strong>Track MANIKA PLASTECH LIMITED (MANIKA) Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/manika\/manika-plastech-limited-share-price-today\">MANIKA PLASTECH LIMITED (MANIKA) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/52-week-low\">Univest 52-week-low screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, yearly-low lists and related market analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANIKA PLASTECH LIMITED Share Price trades near its 52-week low at Rs 41.16, marking a 0.96% decline today. Market cap stands at Rs 501 crore.<\/p>\n","protected":false},"author":29,"featured_media":263257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-263259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["263257"],"rank_math_title":["MANIKA 52 Week Low Streak: price, peers and fundamentals"],"rank_math_description":["MANIKA PLASTECH LIMITED has traded near its 52-week low for a second straight session. Read the price move, valuation, sector context and what to monitor."],"rank_math_focus_keyword":["MANIKA 52 Week Low Streak"],"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\/09\/manika-plastech-limited-manika-manika-52-week-low-streak-why-the-decline-is.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/263259","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=263259"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/263259\/revisions"}],"predecessor-version":[{"id":263261,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/263259\/revisions\/263261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/263257"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=263259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=263259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=263259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}