BHAVIK ENTERPRISES LIMITED (BHAVIK): BHAVIK Enterprises Share Price Rises 9.65% Today

BHAVIK Enterprises Share Price rises 9.65% today, reaching Rs 154.6 with a market cap of Rs 287.05 Cr.

BHAVIK Enterprises Share Price has experienced a significant rise today, closing at Rs 154.6, marking a 9.65% increase from its previous close of Rs 141. The company's market capitalisation now stands at Rs 287.05 crore, placing it in the Micro Cap category.

The stock opened at Rs 140 and reached a high of Rs 154.6 during the trading session, with a low of Rs 140. The total volume traded on the BSE was 6,000 shares, resulting in a turnover of Rs 0.09 crore. This level of activity indicates a moderate level of investor participation in today's trading session.

BHAVIK ENTERPRISES LIMITED (BHAVIK) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 154.6
Previous Close	Rs 141
Today's Change	+Rs 13.6 (+9.65%)
Day Open	Rs 140
Day High	Rs 154.6
Day Low	Rs 140
Current Volume (BSE)	6,000
BSE Traded Volume	6,000
Combined NSE + BSE Volume	6,000
Turnover	Rs 0.09 crore
Market Capitalisation	Rs 287.05 crore
Market Cap Category	Micro Cap

BHAVIK ENTERPRISES LIMITED (BHAVIK) traded at Rs 154.6. versus the previous close of Rs 141, a rise of 9.65%. The stock opened at Rs 140, reached Rs 154.6, touched Rs 140. Reported volume was 6,000.

BHAVIK ENTERPRISES LIMITED (BHAVIK) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 287.05 crore
P/E Ratio	21.16x
P/B Ratio	1.79x
ROE	5.97%
ROCE	8.33%
EPS	Rs 6.66
Dividend Yield	0%

BHAVIK ENTERPRISES LIMITED was valued at a P/E ratio of 21.16x, a P/B ratio of 1.79x. 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 5.97% and ROCE of 8.33%. 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 6.66, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

BHAVIK Enterprises, with a market capitalisation of Rs 287.05 crore, is valued at a P/E ratio of 21.16 and a P/B ratio of 1.79. These valuation multiples provide insight into how the market perceives the company's earnings and book value relative to its peers in the Plastic Products sector.

The company's return on equity (ROE) stands at 5.97%, while the return on capital employed (ROCE) is 8.33%. These figures indicate the company's efficiency in generating returns on shareholder equity and capital employed, respectively. The earnings per share (EPS) is Rs 6.66, reflecting the earnings attributable to each share of the company.

Despite a dividend yield of 0%, BHAVIK Enterprises' financial metrics suggest a stable performance within its industry. The company's book value per share, which is not explicitly provided, would typically indicate the accounting net worth behind each share.

In the context of the Plastic Products sector, BHAVIK Enterprises' P/E ratio of 21.16 is slightly above the sector median of 20.02 but below the average of 38.93. The company's P/B ratio of 1.79 is slightly above the sector median of 1.48, aligning closely with the sector average of 1.85. These comparisons highlight the company's relative valuation within its industry.

Sector and Industry Context

Metric	Value
Sector	Plastic Products
Industry	Plastic Products
Benchmark Scope	same industry
Company P/E Ratio	21.16x
Benchmark Median P/E	20.02x
Benchmark Average P/E	38.93x
Benchmark P/E Range	1.03x to 322.93x
Company P/B Ratio	1.79x
Benchmark Median P/B	1.48x
Company ROE	5.97%
Benchmark Median ROE	6.85%
Company ROCE	8.33%
Benchmark Median ROCE	9.41%
Company Market Capitalisation	Rs 287.05 crore
Benchmark Median Market Cap	Rs 107.15 crore

BHAVIK ENTERPRISES LIMITED (BHAVIK) is classified under sector: Plastic Products and industry: Plastic Products.

BHAVIK ENTERPRISES LIMITED (BHAVIK) has a P/E ratio of 21.16x, which is above the benchmark median of 20.02x, a difference of +5.69%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

BHAVIK ENTERPRISES LIMITED (BHAVIK) has a ROE of 5.97%, which is below the benchmark median of 6.85%, a difference of -12.85%. BHAVIK ENTERPRISES LIMITED (BHAVIK) has a ROCE of 8.33%, which is below the benchmark median of 9.41%, a difference of -11.48%.

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

BHAVIK Enterprises operates within the Plastic Products sector, which comprises 133 companies. The sector's benchmark data provides a comprehensive view of the industry's performance and valuation metrics. The company's P/E ratio of 21.16 is above the sector median of 20.02 but below the average of 38.93, indicating a moderate valuation compared to its peers.

The sector's P/B ratio median is 1.48, with an average of 1.85, positioning BHAVIK Enterprises' P/B ratio of 1.79 slightly above the median but close to the average. The company's ROE of 5.97% and ROCE of 8.33% are below the sector medians of 6.85% and 9.41%, respectively, suggesting room for improvement in profitability metrics.

The market capitalisation of BHAVIK Enterprises at Rs 287.05 crore is below the sector median of Rs 107.15 crore and the average of Rs 320.99 crore, reflecting its position as a smaller player within the industry. This context provides investors with a clearer understanding of the company's standing in the sector and its potential for growth.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Prince Pipes and Fittings Ltd.	PRINCEPIPE	2,936.5	40.13	1.79	23.65	28.73
Nilkamal Ltd.	NILKAMAL	2,914.52	24.21	1.77	7.13	10.95
Ddev Plastiks Industries Ltd.	DDEVPLSTIK	2,830.09	14.02	2.79	-53.85	-4.05
EPACK PREFAB TECHN LTD	EPACKPEB	2,548.43	28.67	3.61	10.21	13.83
Cosmo First Ltd.	COSMOFIRST	2,343.71	14.98	1.46	39	30.79

BHAVIK ENTERPRISES LIMITED (BHAVIK) has a P/E ratio of 21.16x compared with the displayed peer median of 24.21x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 5.97% compares with a peer median of 10.21% across the companies shown in the table. ROCE stood at 8.33% versus the displayed peer median of 13.83%, providing a capital-efficiency comparison. BHAVIK ENTERPRISES LIMITED (BHAVIK) has a market capitalisation of Rs 287.05 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

In comparison to its peers, BHAVIK Enterprises' P/E ratio of 21.16 is lower than Prince Pipes and Fittings Ltd.'s 40.13 and Nilkamal Ltd.'s 24.21, but higher than Ddev Plastiks Industries Ltd.'s 14.02. The company's P/B ratio of 1.79 aligns with Prince Pipes and Fittings Ltd. and is slightly higher than Nilkamal Ltd.'s 1.77.

BHAVIK Enterprises' ROE of 5.97% is lower than Prince Pipes and Fittings Ltd.'s 23.65% and Nilkamal Ltd.'s 7.13%, indicating a lower return on equity compared to these peers. The company's ROCE of 8.33% is also below Prince Pipes and Fittings Ltd.'s 28.73% and Nilkamal Ltd.'s 10.95%, suggesting a need for improved capital efficiency.

With a market capitalisation of Rs 287.05 crore, BHAVIK Enterprises is significantly smaller than its peers, such as Prince Pipes and Fittings Ltd. at Rs 2936.5 crore and Nilkamal Ltd. at Rs 2914.52 crore. This comparison highlights the company's relative size and valuation within the industry.

Why Investors Are Watching BHAVIK Enterprises

Investors are closely monitoring BHAVIK Enterprises due to its recent price rise and market activity. The company's performance today has positioned it as a top gainer in the Micro Cap category.

• Significant price rise of 9.65% today.
• Moderate trading volume and turnover.
• Valuation metrics indicate a moderate position within the sector.
• Potential for growth within the Plastic Products industry.

Investors should continue to monitor BHAVIK Enterprises' financial performance and market trends to assess its potential for future growth and investment opportunities.

About BHAVIK Enterprises

BHAVIK Enterprises Limited operates in the Plastic Products sector, focusing on manufacturing and distributing a range of plastic products. The company is involved in various segments within the industry, catering to diverse customer needs and market demands.

As a player in the Plastic Products industry, BHAVIK Enterprises competes with other companies in the sector, striving to maintain its market position and expand its product offerings. The company's operations are aligned with industry trends, focusing on innovation and efficiency to meet customer expectations.

With a market capitalisation of Rs 287.05 crore, BHAVIK Enterprises is positioned as a smaller player within the industry, offering potential growth opportunities for investors interested in the Plastic Products sector.

Track BHAVIK Enterprises Share Price on Univest

Use BHAVIK ENTERPRISES LIMITED (BHAVIK) 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 BHAVIK Enterprises 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 sector analysis, to help investors make informed decisions.

Frequently Asked Questions

What is the current share price of BHAVIK Enterprises?

Ans. The current share price of BHAVIK Enterprises is Rs 154.6, reflecting a 9.65% increase from the previous close of Rs 141. The stock moved 9.65% during the session. The intraday range extended from Rs 140 to Rs 154.6.

Why did BHAVIK Enterprises share price rise today?

Ans. BHAVIK Enterprises share price rose by 9.65% today, surpassing the Micro Cap category threshold, indicating increased investor interest. The stock moved 9.65% during the session. The intraday range extended from Rs 140 to Rs 154.6.

What is the market capitalisation of BHAVIK Enterprises?

Ans. The market capitalisation of BHAVIK Enterprises is Rs 287.05 crore, categorising it as a Micro Cap company. The company operates in the Plastic Products sector. Its P/E ratio is 21.16x.

How does BHAVIK Enterprises' P/E ratio compare to the sector?

Ans. BHAVIK Enterprises' P/E ratio of 21.16 is above the sector median of 20.02 but below the average of 38.93. The company trades at a P/E ratio of 21.16x. Its P/B ratio is 1.79x.

What is the ROE of BHAVIK Enterprises?

Ans. BHAVIK Enterprises has a return on equity (ROE) of 5.97%, which is below the sector median of 6.85%. ROE stands at 5.97%. ROCE stands at 8.33%. The relevant peer median ROE is 6.85%.

Who are the peers of BHAVIK Enterprises?

Ans. Peers of BHAVIK Enterprises include Prince Pipes and Fittings Ltd., Nilkamal Ltd., and Ddev Plastiks Industries Ltd. Comparable listed companies include Prince Pipes and Fittings Ltd., Nilkamal Ltd., Ddev Plastiks Industries Ltd.

How does BHAVIK Enterprises' ROCE compare to the sector?

Ans. BHAVIK Enterprises' ROCE of 8.33% is below the sector median of 9.41%, indicating room for improvement. ROE stands at 5.97%. ROCE stands at 8.33%. The relevant peer median ROE is 6.85%.