{"id":298503,"date":"2026-10-09T13:06:21","date_gmt":"2026-10-09T07:36:21","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=298503"},"modified":"2026-10-09T13:06:21","modified_gmt":"2026-10-09T07:36:21","slug":"manaksia-steels-share-price-prediction-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/","title":{"rendered":"Manaksia Steels Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>CMP Rs 107.20 (9 Oct 2026). 52W range Rs 45.11 to Rs 120.76. PE 12.44. 2027 base Rs 129, bull Rs 154.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Manaksia Steels share price forecast for 2027 centres on a conservative case of Rs 111, a base case of Rs 129 and a bull case of Rs 154, against a current price of Rs 107.20. These targets scale today&#8217;s price by reported EPS growth at a constant PE multiple, so they rest on earnings the company has already delivered, not on broker forecasts. The base case implies 20.3% upside from today&#8217;s price. The daily technical setup reads mildly bullish.<\/p>\n<\/p><\/div>\n<p>Manaksia Steels share price prediction 2027 comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 107.20 on NSE as of 9 October 2026, 11.2% below its 52-week high of Rs 120.76, after the company reported net profit of Rs 39.92 crore for FY26.<\/p>\n<p>This Manaksia Steels stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=share-price-prediction-2027\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/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\/manaksia-steels-share-price-prediction-2027\/#Manaksia_Steels_Share_Price_Today_and_Key_Data\" title=\"Manaksia Steels Share Price Today and Key Data\">Manaksia Steels Share Price Today and Key Data<\/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\/manaksia-steels-share-price-prediction-2027\/#What_Is_the_Manaksia_Steels_Share_Price_Prediction_for_2027\" title=\"What Is the Manaksia Steels Share Price Prediction for 2027?\">What Is the Manaksia Steels Share Price Prediction for 2027?<\/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\/manaksia-steels-share-price-prediction-2027\/#Manaksia_Steels_Share_Price_Forecast_What_Has_to_Go_Right_by_2027\" title=\"Manaksia Steels Share Price Forecast: What Has to Go Right by 2027\">Manaksia Steels Share Price Forecast: What Has to Go Right by 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/#Conservative_Case_for_the_Manaksia_Steels_Share_Price_Target_Rs_111\" title=\"Conservative Case for the Manaksia Steels Share Price Target: Rs 111\">Conservative Case for the Manaksia Steels Share Price Target: Rs 111<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/#Base_Case_for_the_Manaksia_Steels_Share_Price_Target_Rs_129\" title=\"Base Case for the Manaksia Steels Share Price Target: Rs 129\">Base Case for the Manaksia Steels Share Price Target: Rs 129<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/#Bull_Case_for_the_Manaksia_Steels_Share_Price_Target_Rs_154\" title=\"Bull Case for the Manaksia Steels Share Price Target: Rs 154\">Bull Case for the Manaksia Steels Share Price Target: Rs 154<\/a><\/li><\/ul><\/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\/manaksia-steels-share-price-prediction-2027\/#Manaksia_Steels_Financial_Performance_Revenue_Profit_and_Margins\" title=\"Manaksia Steels Financial Performance: Revenue, Profit and Margins\">Manaksia Steels Financial Performance: Revenue, Profit and Margins<\/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\/manaksia-steels-share-price-prediction-2027\/#Is_Manaksia_Steels_Overvalued_or_Undervalued_Right_Now\" title=\"Is Manaksia Steels Overvalued or Undervalued Right Now?\">Is Manaksia Steels Overvalued or Undervalued Right Now?<\/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\/manaksia-steels-share-price-prediction-2027\/#Manaksia_Steels_Stock_Analysis_Technical_Outlook\" title=\"Manaksia Steels Stock Analysis: Technical Outlook\">Manaksia Steels Stock Analysis: Technical Outlook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/#Manaksia_Steels_Shareholding_Pattern\" title=\"Manaksia Steels Shareholding Pattern\">Manaksia Steels Shareholding Pattern<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/#Key_Risks_to_the_Manaksia_Steels_Share_Price_Target_for_2027\" title=\"Key Risks to the Manaksia Steels Share Price Target for 2027\">Key Risks to the Manaksia Steels Share Price Target for 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/#Earnings_and_Margin_Risk\" title=\"Earnings and Margin Risk\">Earnings and Margin Risk<\/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\/manaksia-steels-share-price-prediction-2027\/#Size_and_Liquidity_Risk\" title=\"Size and Liquidity Risk\">Size and Liquidity Risk<\/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\/manaksia-steels-share-price-prediction-2027\/#Balance_Sheet_Risk\" title=\"Balance Sheet Risk\">Balance Sheet Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/#Frequently_Asked_Questions_on_Manaksia_Steels_Share_Price_Prediction_2027\" title=\"Frequently Asked Questions on Manaksia Steels Share Price Prediction 2027\">Frequently Asked Questions on Manaksia Steels Share Price Prediction 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/#What_is_the_Manaksia_Steels_share_price_target_for_2027\" title=\"What is the Manaksia Steels share price target for 2027?\">What is the Manaksia Steels share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/#What_is_the_Manaksia_Steels_share_price_today\" title=\"What is the Manaksia Steels share price today?\">What is the Manaksia Steels share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/#Is_Manaksia_Steels_a_good_stock_to_buy_for_2027\" title=\"Is Manaksia Steels a good stock to buy for 2027?\">Is Manaksia Steels a good stock to buy for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/#Can_Manaksia_Steels_stock_reach_Rs_154_in_2027\" title=\"Can Manaksia Steels stock reach Rs 154 in 2027?\">Can Manaksia Steels stock reach Rs 154 in 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/#What_are_the_support_and_resistance_levels_for_Manaksia_Steels\" title=\"What are the support and resistance levels for Manaksia Steels?\">What are the support and resistance levels for Manaksia Steels?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/#What_are_the_main_risks_for_Manaksia_Steels_stock_in_2027\" title=\"What are the main risks for Manaksia Steels stock in 2027?\">What are the main risks for Manaksia Steels stock in 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/manaksia-steels-share-price-prediction-2027\/#How_is_the_Manaksia_Steels_target_price_for_2027_calculated\" title=\"How is the Manaksia Steels target price for 2027 calculated?\">How is the Manaksia Steels target price for 2027 calculated?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Manaksia_Steels_Share_Price_Today_and_Key_Data\"><\/span><strong>Manaksia Steels Share Price Today and Key Data<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Manaksia Steels share price today is Rs 107.20 on NSE, up 1.00% on the day. The market capitalisation stands at Rs 698 crore. Over the past year the price has risen 81.3% from Rs 59.14. Every Manaksia Steels stock forecast figure below starts from this price.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Metric<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Company<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Manaksia Steels (MANAKSTEEL)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Current Price<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 107.20<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">52-Week High<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 120.76 (11 September 2026)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">52-Week Low<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 45.11 (30 March 2026)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Market Cap<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 698 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">PE Ratio<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">12.44<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Industry PE<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">22.91<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">PB Ratio<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">2.14<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">EPS (TTM)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 8.56<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Return on Equity<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">12.25%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Debt to Equity<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">0.46<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Dividend Yield<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">0.00%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Book Value per Share<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 49.74<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_the_Manaksia_Steels_Share_Price_Prediction_for_2027\"><\/span><strong>What Is the Manaksia Steels Share Price Prediction for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Manaksia Steels share price prediction for 2027 is a conservative case of Rs 111, a base case of Rs 129 and a bull case of Rs 154. Against Rs 107.20, these imply 3.5% upside, 20.3% upside and 43.7% upside. They are model scenarios built from reported EPS growth, not broker targets.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Scenario<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">EPS Growth Basis<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">EPS Estimate<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">PE Multiple<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Implied Value<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Upside vs Current Price<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Conservative Case<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Lower of FY26 growth (308.7%) and 4-year CAGR (3.1%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 8.83 (+3.1%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Unchanged from today (price to EPS ratio kept constant)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 111<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">+3.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Base Case<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Average of the two (capped at 20%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 10.27 (+20.0%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Unchanged from today (price to EPS ratio kept constant)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 129<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">+20.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Bull Case<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Higher of the two (capped at 25%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 10.70 (+25.0%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Re-rated 15.0% toward industry PE of 22.91 (still at or below it)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 154<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">+43.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Each target takes today&#8217;s price of Rs 107.20 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. The bull case also re-rates the PE multiple toward the industry level, because the stock trades below it. Together they form the Manaksia Steels target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Manaksia_Steels_Share_Price_Forecast_What_Has_to_Go_Right_by_2027\"><\/span><strong>Manaksia Steels Share Price Forecast: What Has to Go Right by 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Each Manaksia Steels target price below depends on a specific EPS outcome, and the text states that outcome next to the number.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Conservative_Case_for_the_Manaksia_Steels_Share_Price_Target_Rs_111\"><\/span><strong>Conservative Case for the Manaksia Steels Share Price Target: Rs 111<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Reaching Rs 111 needs EPS to rise 3.1% to Rs 8.83 while the stock keeps its current PE multiple. That follows the slower 4-year EPS CAGR of 3.1%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Base_Case_for_the_Manaksia_Steels_Share_Price_Target_Rs_129\"><\/span><strong>Base Case for the Manaksia Steels Share Price Target: Rs 129<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Reaching Rs 129 needs EPS to rise 20.0% to Rs 10.27, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of 249.0% in Q1 FY27 is at or above that pace, which supports the target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_for_the_Manaksia_Steels_Share_Price_Target_Rs_154\"><\/span><strong>Bull Case for the Manaksia Steels Share Price Target: Rs 154<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Reaching Rs 154 needs EPS to rise 25.0% to Rs 10.70 and the PE multiple to re-rate 15.0% toward the industry PE. That is above the 52-week high of Rs 120.76, so it would need a fresh breakout. A daily close above the nearest resistance level of Rs 120.76 (52-week high) would be the first technical confirmation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Manaksia_Steels_Financial_Performance_Revenue_Profit_and_Margins\"><\/span><strong>Manaksia Steels Financial Performance: Revenue, Profit and Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Manaksia Steels earned net profit of Rs 39.92 crore on revenue of Rs 1,135.43 crore in FY26, with profit up 309.4% and revenue up 75.5% compared with FY25. Diluted EPS was Rs 6.09 against Rs 1.49 a year earlier, and that earnings base anchors the Manaksia Steels share price forecast.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Year<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">EPS (Rs)<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Operating Margin<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">FY22<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">619.16<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">35.32<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">5.39<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">10.04%<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">5.70%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">FY23<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">749.64<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">12.19<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">1.86<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">4.22%<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">1.63%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">FY24<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">696.70<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">28.38<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">4.33<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">7.78%<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">4.07%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">FY25<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">646.79<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">9.75<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">1.49<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">4.19%<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">1.51%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">FY26<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">1,135.43<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">39.92<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">6.09<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">7.15%<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">3.52%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 331.16 crore against Rs 220 crore a year earlier (+50.5%), and the bottom line was a net profit of Rs 22.65 crore against a net profit of Rs 6.49 crore (+249.0%). Operating margin was 11.36% versus 6.10% in the year-ago quarter. Cash flow from operations was Rs 61.61 crore in FY26 against Rs 13.53 crore in FY25. Together these figures set the earnings base for the Manaksia Steels share price prediction.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live Manaksia Steels fundamentals<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_Manaksia_Steels_Overvalued_or_Undervalued_Right_Now\"><\/span><strong>Is Manaksia Steels Overvalued or Undervalued Right Now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Manaksia Steels trades at a PE of 12.44 against an industry PE of 22.91, which places the stock at a 45.7% discount to the industry average. The price-to-book ratio is 2.14 on a book value of Rs 49.74 per share. Return on equity of 12.25% means the company earns Rs 12.25 of profit for every Rs 100 of shareholder equity.<\/p>\n<p>Debt to equity is 0.46, so borrowings equal about 46% of shareholder equity. No dividend was declared for FY26. This valuation context frames the Manaksia Steels stock price prediction for 2027 without relying on any outside forecast.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Manaksia_Steels_Stock_Analysis_Technical_Outlook\"><\/span><strong>Manaksia Steels Stock Analysis: Technical Outlook<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Manaksia Steels stock trades above its 50-day SMA of Rs 97.22 and above its 200-day EMA of Rs 78.51, and the combined daily indicators read mildly bullish. The 52-week high of Rs 120.76 was set on 11 September 2026, while the 52-week low of Rs 45.11 came on 30 March 2026.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Indicator<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Reading<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Signal<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">RSI (14)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">49.52<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Neutral<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">MACD (12,26,9)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">2.58 vs signal 3.58<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Bearish<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">ADX (14)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">20.27<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Developing trend<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Supertrend (10,3)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Price above Rs 97.37<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Bullish<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">50-day SMA<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 97.22<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Price above<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">200-day EMA<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 78.51<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Price above<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The nearest support level sits at Rs 97.37 (Supertrend) and Rs 97.22 (50-day SMA). The nearest resistance level sits at Rs 120.76 (52-week high). A sustained move above the nearest resistance would support the Manaksia Steels share price prediction 2027 base case, and this Manaksia Steels stock analysis uses daily candles only.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Manaksia_Steels_Shareholding_Pattern\"><\/span><strong>Manaksia Steels Shareholding Pattern<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Promoters hold 74.75% of Manaksia Steels as of Jun 2026, unchanged across the last 5 quarters. FII holding is 0.00% (unchanged) and DII holding is 0.00% (unchanged), which puts combined institutional holding at 0.00%. Public shareholders own 25.25%. Shareholding data is one input for any Manaksia Steels stock forecast.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Manaksia_Steels_Share_Price_Target_for_2027\"><\/span><strong>Key Risks to the Manaksia Steels Share Price Target for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_and_Margin_Risk\"><\/span><strong>Earnings and Margin Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Operating margin has ranged from 4.19% to 10.04% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the Manaksia Steels stock forecast. Revenue was up 75.5% in FY26, and slower revenue growth would weigh on the profit path.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Size_and_Liquidity_Risk\"><\/span><strong>Size and Liquidity Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Market capitalisation stands at Rs 698 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any Manaksia Steels stock price target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_Risk\"><\/span><strong>Balance Sheet Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Debt to equity of 0.46 means borrowings stand at about 46% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the Manaksia Steels share price forecast.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This Manaksia Steels stock analysis puts the share price target range for 2027 at Rs 111 to Rs 154, with a base case of Rs 129 against Rs 107.20 today. The inputs are a PE of 12.44 that sits at a 45.7% discount to the industry average, EPS growth of 308.7% in FY26 and a daily technical setup that reads mildly bullish. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Manaksia Steels live price and get daily stock recommendations.<\/em><\/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<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Manaksia_Steels_Share_Price_Prediction_2027\"><\/span><strong>Frequently Asked Questions on Manaksia Steels Share Price Prediction 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Manaksia_Steels_share_price_target_for_2027\"><\/span><strong>What is the Manaksia Steels share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Manaksia Steels share price forecast for 2027 has a conservative case of Rs 111, a base case of Rs 129 and a bull case of Rs 154. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Manaksia_Steels_share_price_today\"><\/span><strong>What is the Manaksia Steels share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Manaksia Steels trades at Rs 107.20 on NSE as of 9 October 2026, up 1.00% on the day. The 52-week range is Rs 45.11 to Rs 120.76.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Manaksia_Steels_a_good_stock_to_buy_for_2027\"><\/span><strong>Is Manaksia Steels a good stock to buy for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data points in different directions: the PE of 12.44 is at a 45.7% discount to the industry average, EPS grew 308.7% in FY26 and the daily technical setup reads mildly bullish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_Manaksia_Steels_stock_reach_Rs_154_in_2027\"><\/span><strong>Can Manaksia Steels stock reach Rs 154 in 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Reaching Rs 154 needs EPS to rise 25.0% from Rs 8.56 and the PE multiple to re-rate toward the industry PE of 22.91, plus a daily close above Rs 120.76 (52-week high). This is a scenario, not a guarantee.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_support_and_resistance_levels_for_Manaksia_Steels\"><\/span><strong>What are the support and resistance levels for Manaksia Steels?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The nearest support levels are Rs 97.37 (Supertrend) and Rs 97.22 (50-day SMA), and the nearest resistance levels are Rs 120.76 (52-week high).<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_for_Manaksia_Steels_stock_in_2027\"><\/span><strong>What are the main risks for Manaksia Steels stock in 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks to the Manaksia Steels share price forecast are a fall in operating margin from the 4.19% to 10.04% range seen since FY22, slower revenue growth after FY26 revenue was up 75.5%, and thin trading volumes. Debt to equity of 0.46 adds balance sheet sensitivity.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_the_Manaksia_Steels_target_price_for_2027_calculated\"><\/span><strong>How is the Manaksia Steels target price for 2027 calculated?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 3.1% growth, the base case 20.0% and the bull case 25.0%, all drawn from the company&#8217;s reported FY26 and 4-year EPS growth.<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Manaksia Steels share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Manaksia Steels share price forecast for 2027 has a conservative case of Rs 111, a base case of Rs 129 and a bull case of Rs 154. 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The conservative case uses 3.1% growth, the base case 20.0% and the bull case 25.0%, all drawn from the company's reported FY26 and 4-year EPS growth.\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Manaksia Steels share price prediction 2027: base case Rs 129, bull case Rs 154 and a conservative case of Rs 111, built from reported EPS growth, valuation, technical levels and shareholding data.<\/p>\n","protected":false},"author":35,"featured_media":298502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[5244,1019],"class_list":["post-298503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-steel-stocks","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["298502"],"rank_math_title":["Manaksia Steels Share Price Prediction 2027: Target Rs 111-154"],"rank_math_description":["Manaksia Steels share price prediction 2027: base Rs 129, bull Rs 154 vs current Rs 107. Valuation, financials, technical levels and risks. Updated 9 Oct 2026."],"rank_math_focus_keyword":["Manaksia Steels share price prediction 2027 | Density Target: 1.2-1.5%"],"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\/10\/manaksia-steels-share-price-prediction-2027-scenario-targets-valuation-and.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/298503","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\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=298503"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/298503\/revisions"}],"predecessor-version":[{"id":298504,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/298503\/revisions\/298504"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/298502"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=298503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=298503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=298503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}