Banaras Beads Ltd. (BANARBEADS) Share Price Rises 18.69% Today

Banaras Beads Ltd. Share Price rises 18.69% today, reaching Rs 140.05, with a market cap of Rs 77.85 crore.

Banaras Beads Ltd. Share Price has experienced a significant rise today, closing at Rs 140.05, marking an 18.69% increase from the previous close of Rs 118. This impressive gain has positioned Banaras Beads Ltd. as a top gainer in the market, with its market capitalisation now standing at Rs 77.85 crore. The share price opened at Rs 140.05 and maintained this level throughout the day, indicating a strong upward movement. The data confirms the price event but does not establish a company-specific catalyst. Investors are keenly observing the stock's performance, given its significant movement today.

Banaras Beads Ltd. (BANARBEADS) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 140.05
Previous Close	Rs 118
Today's Change	+Rs 22.05 (+18.69%)
Day Open	Rs 140.05
Day High	Rs 140.05
Day Low	Rs 140.05
Current Volume (BSE)	1
BSE Traded Volume	1
Combined NSE + BSE Volume	1
Turnover	Rs 0 crore
Market Capitalisation	Rs 77.85 crore
Market Cap Category	Micro Cap

Banaras Beads Ltd. (BANARBEADS) traded at Rs 140.05. versus the previous close of Rs 118, a rise of 18.69%. The stock opened at Rs 140.05, reached Rs 140.05, touched Rs 140.05. Reported volume was 1.

Banaras Beads Ltd. (BANARBEADS) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 77.85 crore
P/E Ratio	41.34x
P/B Ratio	1.33x
ROE	5.74%
ROCE	7.26%
EPS	Rs 2.85
Dividend Yield	0%

Banaras Beads Ltd. was valued at a P/E ratio of 41.34x, a P/B ratio of 1.33x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 5.74% and ROCE of 7.26%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs 2.85, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Sector and Industry Context

Metric	Value
Sector	Construction Materials
Industry	Glass
Benchmark Scope	same industry
Company P/E Ratio	41.34x
Benchmark Median P/E	28.2x
Benchmark Average P/E	28.58x
Benchmark P/E Range	11.84x to 41.34x
Company P/B Ratio	1.33x
Benchmark Median P/B	2.64x
Company ROE	5.74%
Benchmark Median ROE	7.64%
Company ROCE	7.26%
Benchmark Median ROCE	10.5%
Company Market Capitalisation	Rs 77.85 crore
Benchmark Median Market Cap	Rs 453.9 crore

Banaras Beads Ltd. (BANARBEADS) is classified under sector: Construction Materials and industry: Glass. The numerical benchmark uses 8 same industry companies from the supplied master-data set.

Banaras Beads Ltd. (BANARBEADS) has a P/E ratio of 41.34x, which is above the benchmark median of 28.2x, a difference of +46.6%. The benchmark contains 6 companies with P/E data, ranging from 11.84x to 41.34x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Banaras Beads Ltd. (BANARBEADS) has a ROE of 5.74%, which is below the benchmark median of 7.64%, a difference of -24.87%. Banaras Beads Ltd. (BANARBEADS) has a ROCE of 7.26%, which is below the benchmark median of 10.5%, a difference of -30.86%.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
La Opala RG Ltd.	LAOPALA	2,074.59	22.48	2.53	8.19	10.56
Borosil Scientific Ltd.	BOROSCI	1,379.12	39.42	3.17	9.17	12.61
Sejal Glass Ltd.	SEJALLTD	881.45	30.34	6.64	0	0
Haldyn Glass Ltd.	HALDYNGL	652.01	26.06	2.76	7.09	10.45
AGARWAL TOUGH GLASS IND L	AGARWALTUF	255.79	11.84	2.18	71.46	34.91

Banaras Beads Ltd. (BANARBEADS) has a P/E ratio of 41.34x compared with the displayed peer median of 26.06x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 5.74% compares with a peer median of 8.19% across the companies shown in the table. ROCE stood at 7.26% versus the displayed peer median of 10.56%, providing a capital-efficiency comparison. Banaras Beads Ltd. (BANARBEADS) has a market capitalisation of Rs 77.85 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

Why Investors Are Watching Banaras Beads Ltd.

Investors are closely monitoring Banaras Beads Ltd. due to its significant price rise today and its positioning within the Glass industry.

• Price Action: 18.69% increase today, reaching Rs 140.05.
• Technical Position: Neutral RSI at 58.76, above key moving averages.
• Fundamental Context: High P/E ratio, moderate profitability.
• Ownership: Awaiting updates on shareholding structure.
• Sector Positioning: Operates in a competitive Glass industry.

Investors should continue to monitor Banaras Beads Ltd.'s performance, particularly any changes in ownership structure and industry trends that could impact its valuation and market position.

About Banaras Beads Ltd.

Banaras Beads Ltd. is a company operating in the Construction Materials sector, specifically within the Glass industry. The company is involved in the production and distribution of glass beads and related products. As a micro-cap company with a market capitalisation of Rs 77.85 crore, Banaras Beads Ltd. plays a niche role in its industry. The company's financial metrics, such as a P/E ratio of 41.34 and a P/B ratio of 1.33, provide insights into its market valuation. While the company does not currently offer a dividend yield, its earnings per share (EPS) of Rs 2.85 reflects its profitability on a per-share basis. Investors interested in the Glass industry may find Banaras Beads Ltd.'s market position and financial performance noteworthy.

Track Banaras Beads Ltd. Share Price on Univest

Use Banaras Beads Ltd. (BANARBEADS) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors can track Banaras Beads Ltd. Share Price on Univest to stay updated on live share price movements, technical indicators, fundamental ratios, and shareholding patterns. Univest provides comprehensive market insights, including 52-week levels and industry trends, allowing investors to make informed decisions. Stay informed with Univest for the latest updates on Banaras Beads Ltd. and other market developments.

Frequently Asked Questions

What is the current share price of Banaras Beads Ltd.?

Ans. The current share price of Banaras Beads Ltd. is Rs 140.05, reflecting an 18.69% increase from the previous close of Rs 118. The stock moved 18.69% during the session. The intraday range extended from Rs 140.05 to Rs 140.05.

Why did Banaras Beads Ltd. share price rise today?

Ans. Banaras Beads Ltd. share price rose by 18.69% today, but the data does not establish a specific company-related catalyst for this increase. The stock moved 18.69% during the session. The intraday range extended from Rs 140.05 to Rs 140.05.

What is the market capitalisation of Banaras Beads Ltd.?

Ans. The market capitalisation of Banaras Beads Ltd. is Rs 77.85 crore, categorising it as a micro-cap company within the Glass industry. The company operates in the Construction Materials sector. Its P/E ratio is 41.34x.

How does Banaras Beads Ltd.'s P/E ratio compare to its industry?

Ans. Banaras Beads Ltd.'s P/E ratio of 41.34 is higher than the industry median of 28.2, indicating a relatively expensive valuation. The company trades at a P/E ratio of 41.34x. Its P/B ratio is 1.33x.

How does Banaras Beads Ltd.'s ROE compare to its peers?

Ans. Banaras Beads Ltd.'s ROE of 5.74% is below the industry average of 15.24%, indicating lower profitability compared to peers. ROE stands at 5.74%. ROCE stands at 7.26%. The relevant peer median ROE is 7.64%.

What industry does Banaras Beads Ltd. operate in?

Ans. Banaras Beads Ltd. operates in the Construction Materials sector, specifically within the Glass industry. The stock belongs to the Construction Materials sector. Its industry classification is Glass. 8 comparable companies were included in the benchmark.

What is the P/B ratio of Banaras Beads Ltd.?

Ans. The P/B ratio of Banaras Beads Ltd. is 1.33, which is below the industry median of 2.64, suggesting a potentially undervalued position. The company trades at a P/E ratio of 41.34x.

How does Banaras Beads Ltd.'s ROCE compare to its industry?

Ans. Banaras Beads Ltd.'s ROCE of 7.26% is below the industry average of 12.05%, indicating lower efficiency in capital utilisation compared to peers. ROE stands at 5.74%. ROCE stands at 7.26%.