{"id":305268,"date":"2026-10-13T12:55:04","date_gmt":"2026-10-13T07:25:04","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=305268"},"modified":"2026-10-13T12:55:04","modified_gmt":"2026-10-13T07:25:04","slug":"why-manika-plastech-share-price-fall-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-manika-plastech-share-price-fall-today-2026\/","title":{"rendered":"MANIKA PLASTECH (MANIKA) Share Price Falls 8.5% in Latest Session"},"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 (MANIKA)<\/a> share price fell to Rs 50.94 today, down 8.5% from the previous close. Market cap was Rs 630.79 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">MANIKA Share Price was at Rs 50.94, down 8.5% from the previous close, while MANIKA Market Cap stood at Rs 630.79 crore. According to Univest data, the move is a clear share price fall in the latest session and it places MANIKA Share Price Today in focus for investors tracking MANIKA Stock News. The stock opened above the previous close, touched an intraday high near the earlier range, and then slipped to a low of Rs 50 before last trading at Rs 50.94 as of 13 October 2026 at 12:53:13 PM IST. In Univest&#8217;s view, the numbers show an active price event, while no company-specific catalyst is established. That makes MANIKA Share Price relevant for readers looking at MANIKA Share Price News, MANIKA Share Price Fall and MANIKA Stock Analysis together.<\/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-share-price-fall-today-2026\/#MANIKA_PLASTECH_MANIKA_Share_Price_Today_Price_Action_Analysis\" title=\"MANIKA PLASTECH (MANIKA) Share Price Today: Price Action Analysis\">MANIKA PLASTECH (MANIKA) Share Price Today: Price Action 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-share-price-fall-today-2026\/#MANIKA_PLASTECH_MANIKA_Fundamental_Analysis\" title=\"MANIKA PLASTECH (MANIKA) Fundamental Analysis\">MANIKA PLASTECH (MANIKA) Fundamental Analysis<\/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-share-price-fall-today-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-4\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-share-price-fall-today-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-5\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-share-price-fall-today-2026\/#Why_Investors_Are_Watching_MANIKA_PLASTECH\" title=\"Why Investors Are Watching MANIKA PLASTECH\">Why Investors Are Watching MANIKA PLASTECH<\/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-share-price-fall-today-2026\/#About_MANIKA_PLASTECH\" title=\"About MANIKA PLASTECH\">About MANIKA PLASTECH<\/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-share-price-fall-today-2026\/#Track_MANIKA_Share_Price_on_Univest\" title=\"Track MANIKA Share Price on Univest\">Track MANIKA Share Price on Univest<\/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-share-price-fall-today-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-9\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-share-price-fall-today-2026\/#Why_did_MANIKA_Share_Price_fall_today\" title=\"Why did MANIKA Share Price fall today?\">Why did MANIKA Share Price fall today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-manika-plastech-share-price-fall-today-2026\/#What_is_MANIKA_Share_Price_Today\" title=\"What is MANIKA Share Price Today?\">What is MANIKA Share Price Today?<\/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-share-price-fall-today-2026\/#What_is_MANIKA_Market_Cap\" title=\"What is MANIKA Market Cap?\">What is MANIKA Market Cap?<\/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-share-price-fall-today-2026\/#Is_MANIKA_Share_Price_expensive_compared_with_the_sector\" title=\"Is MANIKA Share Price expensive compared with the sector?\">Is MANIKA Share Price expensive compared with the sector?<\/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-share-price-fall-today-2026\/#How_does_MANIKA_compare_on_profitability\" title=\"How does MANIKA compare on profitability?\">How does MANIKA compare on profitability?<\/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-share-price-fall-today-2026\/#What_are_MANIKA_EPS_and_book_value\" title=\"What are MANIKA EPS and book value?\">What are MANIKA EPS and book value?<\/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-share-price-fall-today-2026\/#Does_MANIKA_pay_a_dividend\" title=\"Does MANIKA pay a dividend?\">Does MANIKA pay a dividend?<\/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-share-price-fall-today-2026\/#How_does_MANIKA_Share_Price_compare_with_peers\" title=\"How does MANIKA Share Price compare with peers?\">How does MANIKA Share Price compare with peers?<\/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-share-price-fall-today-2026\/#Should_investors_track_MANIKA_Share_Price_on_Univest\" title=\"Should investors track MANIKA Share Price on Univest?\">Should investors track MANIKA Share Price on Univest?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"MANIKA_PLASTECH_MANIKA_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>MANIKA PLASTECH (MANIKA) 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<thead>\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<\/thead>\n<tbody>\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 50.94<\/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 55.67<\/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 4.73 (-8.5%)<\/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 55.23<\/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 56<\/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 50<\/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 630.79 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<\/tbody>\n<\/table>\n<p>MANIKA Share Price Today shows a fall of Rs 4.73 from the previous close of Rs 55.67, with the stock last traded at Rs 50.94. The day open was Rs 55.23, the intraday high was Rs 56 and the intraday low was Rs 50. That range shows MANIKA Share Price moved from a level close to the opening band to the lower end of the day&#8217;s spread, with the Micro Cap company size and Rs 630.79 crore market capitalisation providing context. For readers tracking MANIKA Share Price Live, the move is significant because the decline occurred in the latest session itself and not as part of a longer streak. According to latest Univest figures, MANIKA Share Price Today is best read as a sharp session-specific decline that moves the stock into lower territory for the day.<\/p>\n<p>For MANIKA Share Price News, the key point is simple: the price fall is confirmed by the live trade numbers, but no company-specific catalyst is established. That is why MANIKA Share Price, MANIKA Share Price Today and MANIKA Share Price Update should be read first through the actual trade levels rather than assumptions. From here, the fundamental picture gives additional context for MANIKA Stock News and MANIKA Stock Performance.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"MANIKA_PLASTECH_MANIKA_Fundamental_Analysis\"><\/span><strong>MANIKA PLASTECH (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<thead>\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<\/thead>\n<tbody>\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 630.79 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;\">28.95x<\/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;\">2.7x<\/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<\/tbody>\n<\/table>\n<p>MANIKA PLASTECH (MANIKA) fundamental metrics show P\/E 28.95x, P\/B 2.7x, ROE 16.42%, ROCE 19.84%. These figures provide context only and are not a buy or sell signal.<\/p>\n<p>MANIKA PLASTECH has a market capitalisation of Rs 630.79 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P\/E at 28.95x, P\/B at 2.7x 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. According to latest Univest data, additional 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 latest Univest same industry benchmark, these figures can be compared with benchmark median P\/E of 19.04x, median ROE of 8.5%, median ROCE of 11.33%. Taken together, they outline the fundamentals rather than a view on the stock.<\/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<thead>\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<\/thead>\n<tbody>\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;\">28.95x<\/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;\">19.04x<\/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;\">33.11x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.65x to 459.45x<\/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;\">2.7x<\/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;\">1.65x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">3.04x<\/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;\">8.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">7.36%<\/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;\">11.33%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">10.58%<\/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 630.79 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 119.47 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,255.51 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>MANIKA PLASTECH (MANIKA) operates in the Plastic Products sector, within the Plastic Products industry.<\/p>\n<p>MANIKA PLASTECH (MANIKA) has a P\/E ratio of 28.95x, which is above the benchmark median of 19.04x, a difference of +52.05%. On its own, the P\/E gap is a valuation reference point, not a trading call.<\/p>\n<p>MANIKA PLASTECH (MANIKA) has a ROE of 16.42%, which is above the benchmark median of 8.5%, a difference of +93.18%. MANIKA PLASTECH (MANIKA) has a ROCE of 19.84%, which is above the benchmark median of 11.33%, a difference of +75.11%.<\/p>\n<p>Track stocks among today&#39;s decliners through the <a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners 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<thead>\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<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/supremeind\/supreme-industries-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Supreme Industries<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SUPREMEIND<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">44,141.84<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">42.91<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.95<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16.13<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.49<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/astral\/astral-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Astral<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">ASTRAL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">37,774.9<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">67.17<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.25<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">13.94<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19.95<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/grwrhitech\/garware-hi-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Garware Hi-Tech Films<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">GRWRHITECH<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16,267.44<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">43.13<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">13.45<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18.08<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/shaily\/shaily-engineering-plastics-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Shaily Engineering Plastics<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SHAILY<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">14,090.64<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">82.07<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19.14<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">27.06<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">29.46<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/finpipe\/finolex-industries-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Finolex Industries<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">FINPIPE<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9,372.3<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">15.3<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.49<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.73<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.73<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>MANIKA PLASTECH (MANIKA) has a P\/E ratio of 28.95x compared with the displayed peer median of 43.13x. This peer read is a relative benchmark rather than a trading signal. Its ROE of 16.42% compares with a peer median of 13.94% across the companies shown in the table. ROCE stood at 19.84% versus the displayed peer median of 19.95%, providing a capital-efficiency comparison. MANIKA PLASTECH (MANIKA) has a market capitalisation of Rs 630.79 crore. All 5 peers shown have a larger market capitalisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_MANIKA_PLASTECH\"><\/span><strong>Why Investors Are Watching MANIKA PLASTECH<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>MANIKA Share Price fell 8.5% in the latest session, so today&#8217;s move is the first thing investors are checking.<\/li>\n<li>MANIKA Share Price Today sits at Rs 50.94, after opening at Rs 55.23 and touching Rs 50 during trade.<\/li>\n<li>MANIKA Fundamental Analysis shows P\/E of 28.95, P\/B of 2.7, ROE of 16.42% and ROCE of 19.84%.<\/li>\n<li>MANIKA Market Cap of Rs 630.79 crore places the company in the Micro Cap category.<\/li>\n<li>MANIKA Share Price News is also being read against Plastic Products sector benchmarks and listed peers.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_MANIKA_PLASTECH\"><\/span><strong>About MANIKA PLASTECH<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>MANIKA PLASTECH operates in the Plastic Products sector and the Plastic Products industry. Based on the verified market classification used here, MANIKA Share Price belongs to a Micro Cap company. The company context available for this note is centred on sector positioning, valuation and listed peer comparison rather than a product breakdown. For MANIKA Share Price News, the key business frame is therefore the company&#8217;s place within a broad Plastic Products universe where valuation and return ratios differ sharply across listed names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_MANIKA_Share_Price_on_Univest\"><\/span><strong>Track 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 (MANIKA) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top decliners and related market analysis.<\/p>\n<p>Track MANIKA Share Price on Univest for live price updates, fundamental ratios, 52-week levels and market insights in one place. Readers can follow MANIKA Share Price Today, compare valuation metrics and review sector context without switching between multiple pages. Univest also helps users keep an eye on MANIKA Stock News, MANIKA Share Price Live and MANIKA Stock Analysis as fresh trade data comes in.<\/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 Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).<\/p>\n<\/div>\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=\"Why_did_MANIKA_Share_Price_fall_today\"><\/span><strong>Why did MANIKA Share Price fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;MANIKA Share Price fell 8.5% to Rs 50.94 from the previous close of Rs 55.67. According to Univest data, the price event is confirmed, but no company-specific catalyst is established.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_MANIKA_Share_Price_Today\"><\/span><strong>What is MANIKA Share Price Today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;MANIKA Share Price Today is Rs 50.94. The stock traded between Rs 50 and Rs 56 during the day, after opening at Rs 55.23 and moving below the previous close.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_MANIKA_Market_Cap\"><\/span><strong>What is MANIKA Market Cap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;MANIKA Market Cap stands at Rs 630.79 crore. That places the company in the Micro Cap category and above the sector median market capitalisation of Rs 119.47 crore. The company operates in the Plastic Products sector.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_MANIKA_Share_Price_expensive_compared_with_the_sector\"><\/span><strong>Is MANIKA Share Price expensive compared with the sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;MANIKA Share Price trades at a P\/E of 28.95, above the sector median of 19.04 but below the sector average of 33.11. Its P\/B of 2.7 is also above the median of 1.65.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_MANIKA_compare_on_profitability\"><\/span><strong>How does MANIKA compare on profitability?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;MANIKA reports ROE of 16.42% and ROCE of 19.84%. Both are above the sector median readings of 8.5% and 11.33%, which gives the stock a stronger return profile than the benchmark midpoint.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_MANIKA_EPS_and_book_value\"><\/span><strong>What are MANIKA EPS and book value?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;MANIKA EPS is Rs 1.92 and book value is Rs 20.61 per share. EPS shows earnings attributable to each share, while book value indicates the accounting net worth behind each share.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_MANIKA_pay_a_dividend\"><\/span><strong>Does MANIKA pay a dividend?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;MANIKA dividend yield is 0. That means no dividend yield is shown in the current figures, so investors are reading the stock mainly through price action, valuation and profitability ratios.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_MANIKA_Share_Price_compare_with_peers\"><\/span><strong>How does MANIKA Share Price compare with peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;MANIKA Share Price is backed by a smaller market cap than peers such as Supreme Industries, Astral, Garware Hi-Tech Films and Shaily Engineering Plastics. Its ROE and ROCE remain higher than several listed peers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_investors_track_MANIKA_Share_Price_on_Univest\"><\/span><strong>Should investors track MANIKA Share Price on Univest?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Yes, MANIKA Share Price can be tracked on Univest for live updates, valuation ratios and sector context. That helps readers follow MANIKA Share Price Today alongside the latest trade levels and benchmark comparisons.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why did MANIKA Share Price fall today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"MANIKA Share Price fell 8.5% to Rs 50.94 from the previous close of Rs 55.67. According to Univest data, the price event is confirmed, but no company-specific catalyst is established.\"}},{\"@type\":\"Question\",\"name\":\"What is MANIKA Share Price Today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"MANIKA Share Price Today is Rs 50.94. The stock traded between Rs 50 and Rs 56 during the day, after opening at Rs 55.23 and moving below the previous close.\"}},{\"@type\":\"Question\",\"name\":\"What is MANIKA Market Cap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"MANIKA Market Cap stands at Rs 630.79 crore. That places the company in the Micro Cap category and above the sector median market capitalisation of Rs 119.47 crore. The company operates in the Plastic Products sector.\"}},{\"@type\":\"Question\",\"name\":\"Is MANIKA Share Price expensive compared with the sector?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"MANIKA Share Price trades at a P\/E of 28.95, above the sector median of 19.04 but below the sector average of 33.11. 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That helps readers follow MANIKA Share Price Today alongside the latest trade levels and benchmark comparisons.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MANIKA PLASTECH Share Price fell 8.5% to Rs 50.94 today. Market cap stands at Rs 630.79 crore.<\/p>\n","protected":false},"author":35,"featured_media":305267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-305268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["305267"],"rank_math_title":["MANIKA Share Price Declines; Sector Benchmarks in Focus"],"rank_math_description":["MANIKA Share Price fell 8.5% to Rs 50.94. See price action, valuation ratios, sector benchmark comparisons and peer context in one note."],"rank_math_focus_keyword":["MANIKA 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\/10\/MANIKA_PLASTECH_MANIKA_Share_Price_Falls_85_in_Latest_Session_bearish.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/305268","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=305268"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/305268\/revisions"}],"predecessor-version":[{"id":305269,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/305268\/revisions\/305269"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/305267"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=305268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=305268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=305268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}