{"id":332034,"date":"2026-10-29T12:59:10","date_gmt":"2026-10-29T07:29:10","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=332034"},"modified":"2026-10-29T12:59:10","modified_gmt":"2026-10-29T07:29:10","slug":"why-mahickra-chemicals-ltd-share-price-rise-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-mahickra-chemicals-ltd-share-price-rise-today-2026\/","title":{"rendered":"Mahickra Chemicals Ltd. (MAHICKRA) Share Price Rises 11.30% to Rs 294.95: Price Action and Fundamentals"},"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\/mahickra\/mahickra-chemicals-ltd-share-price-today\">Mahickra Chemicals Ltd. (MAHICKRA)<\/a> share price rose to Rs 294.95 today, up 11.3% from the previous close. Market cap was Rs 254.17 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">The Mahickra Chemicals Ltd. share price rose 11.30% to Rs 294.95 on 29 October 2026, a gain of Rs 29.95 from the previous close of Rs 265.00, as of 12:52 PM IST. At that level the company has a market capitalisation of Rs 254.17 crore. Univest figures confirm the price action, but they do not point to a specific company trigger.<\/p>\n<p>This Mahickra Chemicals Ltd. stock analysis covers the session&#8217;s price action, the fundamentals behind the stock, its position against a Chemicals industry benchmark of 179 companies and a comparison with five listed peers. Readers following the stock can monitor how the price moves relative to today&#8217;s range of Rs 265.00 to Rs 294.95, how the valuation multiples compare with the industry, and what the next set of Univest figures show.<\/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-mahickra-chemicals-ltd-share-price-rise-today-2026\/#Mahickra_Chemicals_Ltd_Share_Price_Today_Price_Action_Analysis\" title=\"Mahickra Chemicals Ltd. Share Price Today: Price Action Analysis\">Mahickra Chemicals Ltd. 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-mahickra-chemicals-ltd-share-price-rise-today-2026\/#Mahickra_Chemicals_Ltd_MAHICKRA_Fundamental_Analysis\" title=\"Mahickra Chemicals Ltd. (MAHICKRA) Fundamental Analysis\">Mahickra Chemicals Ltd. (MAHICKRA) 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-mahickra-chemicals-ltd-share-price-rise-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-mahickra-chemicals-ltd-share-price-rise-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-mahickra-chemicals-ltd-share-price-rise-today-2026\/#Why_Investors_Are_Watching_Mahickra_Chemicals\" title=\"Why Investors Are Watching Mahickra Chemicals\">Why Investors Are Watching Mahickra Chemicals<\/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-mahickra-chemicals-ltd-share-price-rise-today-2026\/#About_Mahickra_Chemicals\" title=\"About Mahickra Chemicals\">About Mahickra Chemicals<\/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-mahickra-chemicals-ltd-share-price-rise-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-8\" href=\"https:\/\/univest.in\/blogs-2\/why-mahickra-chemicals-ltd-share-price-rise-today-2026\/#What_is_the_Mahickra_Chemicals_Ltd_share_price_today\" title=\"What is the Mahickra Chemicals Ltd. share price today?\">What is the Mahickra Chemicals Ltd. share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-mahickra-chemicals-ltd-share-price-rise-today-2026\/#How_much_has_the_Mahickra_Chemicals_Ltd_share_price_risen_today\" title=\"How much has the Mahickra Chemicals Ltd. share price risen today?\">How much has the Mahickra Chemicals Ltd. share price risen 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-mahickra-chemicals-ltd-share-price-rise-today-2026\/#Why_is_the_Mahickra_Chemicals_Ltd_share_price_rising_today\" title=\"Why is the Mahickra Chemicals Ltd. share price rising today?\">Why is the Mahickra Chemicals Ltd. share price rising 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-mahickra-chemicals-ltd-share-price-rise-today-2026\/#What_is_the_market_capitalisation_of_Mahickra_Chemicals_Ltd\" title=\"What is the market capitalisation of Mahickra Chemicals Ltd.?\">What is the market capitalisation of Mahickra Chemicals Ltd.?<\/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-mahickra-chemicals-ltd-share-price-rise-today-2026\/#What_is_the_PE_ratio_of_Mahickra_Chemicals_Ltd\" title=\"What is the P\/E ratio of Mahickra Chemicals Ltd.?\">What is the P\/E ratio of Mahickra Chemicals Ltd.?<\/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-mahickra-chemicals-ltd-share-price-rise-today-2026\/#What_are_the_ROE_and_ROCE_of_Mahickra_Chemicals_Ltd\" title=\"What are the ROE and ROCE of Mahickra Chemicals Ltd.?\">What are the ROE and ROCE of Mahickra Chemicals Ltd.?<\/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-mahickra-chemicals-ltd-share-price-rise-today-2026\/#Which_sector_and_industry_does_Mahickra_Chemicals_Ltd_belong_to\" title=\"Which sector and industry does Mahickra Chemicals Ltd. belong to?\">Which sector and industry does Mahickra Chemicals Ltd. belong to?<\/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-mahickra-chemicals-ltd-share-price-rise-today-2026\/#What_were_the_day_high_and_day_low_for_the_Mahickra_Chemicals_Ltd_share_price\" title=\"What were the day high and day low for the Mahickra Chemicals Ltd. share price?\">What were the day high and day low for the Mahickra Chemicals Ltd. share price?<\/a><\/li><\/ul><\/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\/why-mahickra-chemicals-ltd-share-price-rise-today-2026\/#Track_Mahickra_Chemicals_Share_Price_on_Univest\" title=\"Track Mahickra Chemicals Share Price on Univest\">Track Mahickra Chemicals Share Price on Univest<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Mahickra_Chemicals_Ltd_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Mahickra Chemicals Ltd. Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 294.95<\/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 265<\/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 29.95 (+11.3%)<\/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 265<\/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 294.95<\/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 265<\/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 254.17 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Micro Cap<\/td>\n<\/tr>\n<\/table>\n<p>Mahickra Chemicals Ltd. (MAHICKRA) rose to Rs 294.95 from the previous close of Rs 265, a move of Rs 29.95 or 11.3%. The stock opened at Rs 265, reached a high of Rs 294.95, recorded a low of Rs 265.<\/p>\n<p>Mahickra Chemicals Ltd. share price today was Rs 294.95, up Rs 29.95 or 11.30% from the previous close of Rs 265.00. The stock opened at Rs 265.00, touched a low of Rs 265.00 and reached a high of Rs 294.95 as of 29 October 2026 at 12:52:53 PM IST.<\/p>\n<p>The stock opened at the same level as the previous close, and the day&#8217;s low of Rs 265.00 is also that level, which means the stock has not traded below its opening price at any point today. From that level the price rose Rs 29.95 to the latest traded price of Rs 294.95, which is also the day high.<\/p>\n<p>The day&#8217;s range therefore runs from Rs 265.00 to Rs 294.95, and the latest traded price sits at the top of it. Market capitalisation stood at Rs 254.17 crore at the latest traded price. These Mahickra Chemicals Ltd. stock performance figures describe the price move on its own, and the fundamentals that sit behind the price are covered in the next section.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mahickra_Chemicals_Ltd_MAHICKRA_Fundamental_Analysis\"><\/span><strong>Mahickra Chemicals Ltd. (MAHICKRA) 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 254.17 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;\">50.25x<\/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;\">3.88x<\/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;\">10.06%<\/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;\">12.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 5.27<\/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 68.35<\/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;\">0.06%<\/td>\n<\/tr>\n<\/table>\n<p>Mahickra Chemicals Ltd. (MAHICKRA) fundamental metrics show P\/E 50.25x, P\/B 3.88x, ROE 10.06%, ROCE 12.7%. Taken on their own, these numbers offer context rather than a trading signal.<\/p>\n<p>Mahickra Chemicals Ltd. has a market capitalisation of Rs 254.17 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P\/E at 50.25x, P\/B at 3.88x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 10.06% and ROCE of 12.7%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 5.27, book value per share of Rs 68.35, dividend yield of 0.06%, 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 24.02x, median ROE of 8.22%, median ROCE of 10.64%. They set out the fundamental picture and are not a rating 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<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;\">Chemicals<\/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;\">Chemicals<\/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;\">50.25x<\/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;\">24.02x<\/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;\">47.5x<\/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;\">4.32x to 778.32x<\/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;\">3.88x<\/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;\">1.73x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">10.06%<\/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;\">8.22%<\/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;\">12.7%<\/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;\">10.64%<\/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 254.17 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 445.68 crore<\/td>\n<\/tr>\n<\/table>\n<p>Mahickra Chemicals Ltd. (MAHICKRA) operates in the Chemicals sector, within the Chemicals industry.<\/p>\n<p>Mahickra Chemicals Ltd. (MAHICKRA) has a P\/E ratio of 50.25x, which is above the benchmark median of 24.02x, a difference of +109.2%. P\/E is a valuation multiple and is not, by itself, a buy or sell signal.<\/p>\n<p>Mahickra Chemicals Ltd. (MAHICKRA) has a ROE of 10.06%, which is above the benchmark median of 8.22%, a difference of +22.38%. Mahickra Chemicals Ltd. (MAHICKRA) has a ROCE of 12.7%, which is above the benchmark median of 10.64%, a difference of +19.36%.<\/p>\n<p>Track stocks leading today through the <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>. The peer table below provides the company-level comparison.<\/p>\n<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\/solarinds\/solar-industries-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Solar Industries India Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SOLARINDS<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,72,836.01<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">87.25<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">25.05<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">32.49<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">38.16<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/pidilitind\/pidilite-industries-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Pidilite Industries Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">PIDILITIND<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,47,881.41<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">52.82<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.26<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">24.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">32.38<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/srf\/srf-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>SRF Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SRF<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">69,264.11<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">30.5<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4.55<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">13.8<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">14.21<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/fluorochem\/gujarat-fluorochemicals-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Gujarat Fluorochemicals Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">FLUOROCHEM<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">46,510.49<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">76.06<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.83<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.65<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.58<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/navinfluor\/navin-fluorine-international-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Navin Fluorine International Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">NAVINFLUOR<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">42,405.13<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">55.25<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.39<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.24<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.39<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Mahickra Chemicals Ltd. (MAHICKRA) has a P\/E ratio of 50.25x compared with the displayed peer median of 55.25x. The comparison is relative and should not be read as a recommendation. Its ROE of 10.06% compares with a peer median of 20.24% across the companies shown in the table. ROCE stood at 12.7% versus the displayed peer median of 21.39%, providing a capital-efficiency comparison. Mahickra Chemicals Ltd. (MAHICKRA) has a market capitalisation of Rs 254.17 crore. All 5 peers shown have a larger market capitalisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Mahickra_Chemicals\"><\/span><strong>Why Investors Are Watching Mahickra Chemicals<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>The share price rose 11.30% to Rs 294.95, a gain of Rs 29.95 from the previous close of Rs 265.00.<\/li>\n<li>The day&#8217;s range of Rs 265.00 to Rs 294.95 shows the latest traded price equal to the day high and the day low equal to the open.<\/li>\n<li>The P\/E ratio of 50.25 compares with an industry median of 24.02 and a peer range of 30.50 to 87.25.<\/li>\n<li>The P\/B ratio of 3.88 is above the industry median of 1.73, while ROE of 10.06% and ROCE of 12.70% are above the industry medians.<\/li>\n<li>Market capitalisation of Rs 254.17 crore sits below the industry median of Rs 445.68 crore in a benchmark of 179 companies.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Mahickra_Chemicals\"><\/span><strong>About Mahickra Chemicals<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mahickra Chemicals Ltd. is listed under the symbol MAHICKRA and operates in the Chemicals sector, within the Chemicals industry. That industry is the benchmark used throughout this article, covering 179 companies, so the sector and peer figures describe the group in which the stock is placed. The company&#8217;s market capitalisation of Rs 254.17 crore places it below the industry median of Rs 445.68 crore.<\/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=\"What_is_the_Mahickra_Chemicals_Ltd_share_price_today\"><\/span><strong>What is the Mahickra Chemicals Ltd. share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Mahickra Chemicals Ltd. share price was Rs 294.95 at 12:52 PM IST on 29 October 2026, up Rs 29.95 from the previous close of Rs 265.00, which is also the day high for the stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_has_the_Mahickra_Chemicals_Ltd_share_price_risen_today\"><\/span><strong>How much has the Mahickra Chemicals Ltd. share price risen today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Mahickra Chemicals Ltd. share price has risen 11.30% today, a gain of Rs 29.95 from the previous close of Rs 265.00 to the latest traded price of Rs 294.95 as of 12:52 PM IST.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_the_Mahickra_Chemicals_Ltd_share_price_rising_today\"><\/span><strong>Why is the Mahickra Chemicals Ltd. share price rising today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Univest figures confirm the price action, but they do not point to a specific company trigger. The latest figures show a rise of 11.30% to Rs 294.95, but they do not explain its cause.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_capitalisation_of_Mahickra_Chemicals_Ltd\"><\/span><strong>What is the market capitalisation of Mahickra Chemicals Ltd.?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The market capitalisation of Mahickra Chemicals Ltd. is Rs 254.17 crore at the latest traded price of Rs 294.95. Market capitalisation indicates company size and does not measure the quality of the business.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Mahickra_Chemicals_Ltd\"><\/span><strong>What is the P\/E ratio of Mahickra Chemicals Ltd.?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio of Mahickra Chemicals Ltd. is 50.25, against a same-industry benchmark median of 24.02 and an average of 47.50. Earnings per share are Rs 5.27, and the P\/B ratio is 3.88.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_ROE_and_ROCE_of_Mahickra_Chemicals_Ltd\"><\/span><strong>What are the ROE and ROCE of Mahickra Chemicals Ltd.?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Return on equity is 10.06% and return on capital employed is 12.70%. The Chemicals benchmark medians are 8.22% for ROE and 10.64% for ROCE, so both company ratios are above the medians.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_sector_and_industry_does_Mahickra_Chemicals_Ltd_belong_to\"><\/span><strong>Which sector and industry does Mahickra Chemicals Ltd. belong to?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mahickra Chemicals Ltd. belongs to the Chemicals sector and the Chemicals industry. The benchmark used for comparison covers 179 companies in the same industry, with a P\/E median of 24.02.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_the_day_high_and_day_low_for_the_Mahickra_Chemicals_Ltd_share_price\"><\/span><strong>What were the day high and day low for the Mahickra Chemicals Ltd. share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock opened at Rs 265.00, which was also the day low, and reached a day high of Rs 294.95. The latest traded price of Rs 294.95 is equal to the day high.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Mahickra Chemicals Ltd. share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Mahickra Chemicals Ltd. share price was Rs 294.95 at 12:52 PM IST on 29 October 2026, up Rs 29.95 from the previous close of Rs 265.00, which is also the day high for the stock.\"}},{\"@type\":\"Question\",\"name\":\"How much has the Mahickra Chemicals Ltd. share price risen today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Mahickra Chemicals Ltd. share price has risen 11.30% today, a gain of Rs 29.95 from the previous close of Rs 265.00 to the latest traded price of Rs 294.95 as of 12:52 PM IST.\"}},{\"@type\":\"Question\",\"name\":\"Why is the Mahickra Chemicals Ltd. share price rising today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Univest figures confirm the price action, but they do not point to a specific company trigger. 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The Chemicals benchmark medians are 8.22% for ROE and 10.64% for ROCE, so both company ratios are above the medians.\"}},{\"@type\":\"Question\",\"name\":\"Which sector and industry does Mahickra Chemicals Ltd. belong to?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Mahickra Chemicals Ltd. belongs to the Chemicals sector and the Chemicals industry. The benchmark used for comparison covers 179 companies in the same industry, with a P\/E median of 24.02.\"}},{\"@type\":\"Question\",\"name\":\"What were the day high and day low for the Mahickra Chemicals Ltd. share price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The stock opened at Rs 265.00, which was also the day low, and reached a day high of Rs 294.95. The latest traded price of Rs 294.95 is equal to the day high.\"}}]}<\/script><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Track_Mahickra_Chemicals_Share_Price_on_Univest\"><\/span><strong>Track Mahickra Chemicals Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/mahickra\/mahickra-chemicals-ltd-share-price-today\">Mahickra Chemicals Ltd. (MAHICKRA) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top-gainers lists and related market analysis.<\/p>\n<p>Readers can track the live Mahickra Chemicals Ltd. share price on Univest, along with fundamental ratios, 52-week levels and market insights for the stock and its Chemicals peers. Univest also lets users follow how the stock compares with the industry benchmark from one session to the next, so the price rise can be monitored as the day develops.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mahickra Chemicals Ltd. Share Price rises to Rs 294.95, marking an 11.3% rise today. Market cap stands at Rs 254.17 crore.<\/p>\n","protected":false},"author":35,"featured_media":332033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-332034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["332033"],"rank_math_title":["Mahickra Chemicals Share Price Update: Rise to Rs 294.95"],"rank_math_description":["Mahickra Chemicals Ltd. Share Price: Mahickra Chemicals share price rose 11.30% to Rs 294.95 today. 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