Ddev Plastiks Industries Ltd. (DDEVPLSTIK) Share Price Rises 8.05% Today

Ddev Plastiks Industries Ltd. Share Price rises 8.05% to Rs 289.9, with a market cap of Rs 2,776.28 crore.

Ddev Plastiks Industries Ltd. Share Price has recorded a significant increase today, rising by 8.05% to reach Rs 289.9. This movement positions the company within the Small Cap category, with a market capitalisation of Rs 2,776.28 crore. This price rise highlights the market's interest in the company's shares, although the data does not specify a company-specific catalyst for this movement.

The share price opened at Rs 268.6, matching the previous close of Rs 268.3, and reached a high of Rs 289.9 during the trading session. The total volume traded today was 282,225 shares, with a turnover of Rs 0.66 crore. This activity indicates a heightened interest in the stock, as the volume exceeded the average trading levels. Investors are closely monitoring Ddev Plastiks Industries Ltd. Share Price for further developments.

Ddev Plastiks Industries Ltd. (DDEVPLSTIK) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 289.9
Previous Close	Rs 268.3
Today's Change	+Rs 21.6 (+8.05%)
Day Open	Rs 268.6
Day High	Rs 289.9
Day Low	Rs 268.6
Current Volume (BSE)	22,768
BSE Traded Volume	22,768
NSE Traded Volume	2,59,457
Combined NSE + BSE Volume	2,82,225
Turnover	Rs 0.66 crore
Market Capitalisation	Rs 2,776.28 crore
Market Cap Category	Small Cap

Ddev Plastiks Industries Ltd. (DDEVPLSTIK) traded at Rs 289.9. versus the previous close of Rs 268.3, a rise of 8.05%. The stock opened at Rs 268.6, reached Rs 289.9, touched Rs 268.6. Reported volume was 22,768.

Ddev Plastiks Industries Ltd. (DDEVPLSTIK) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 2,776.28 crore
P/E Ratio	13.76x
P/B Ratio	2.74x
ROE	-53.85%
ROCE	-4.05%
EPS	Rs 19.5
Dividend Yield	0.47%

Ddev Plastiks Industries Ltd. was valued at a P/E ratio of 13.76x, a P/B ratio of 2.74x. 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 -53.85% and ROCE of -4.05%. 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 19.5, dividend yield of 0.47%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

From a fundamental perspective, Ddev Plastiks Industries Ltd. presents a mixed picture. The company has a market capitalisation of Rs 2,776.28 crore, positioning it within the Small Cap category. The price-to-earnings (P/E) ratio stands at 13.76, which is below the industry median of 19.87 and average of 36.53, suggesting a relatively lower valuation compared to its peers.

The price-to-book (P/B) ratio is 2.74, higher than the industry median of 1.45, indicating a premium valuation on the book value. The company's return on equity (ROE) is -53.85%, and return on capital employed (ROCE) is -4.05%, both of which are significantly below the industry averages, reflecting challenges in profitability and capital efficiency.

Earnings per share (EPS) is Rs 19.5, providing insight into the earnings attributable to each share. The dividend yield is 0.47%, offering a modest return to shareholders. These metrics highlight the company's current financial standing, with valuation metrics indicating a mixed outlook compared to industry benchmarks.

Investors may consider these fundamental aspects when evaluating the stock's potential, keeping in mind the broader sector and market conditions.

Sector and Industry Context

Metric	Value
Sector	Plastic Products
Industry	Plastic Products
Benchmark Scope	same industry
Company P/E Ratio	13.76x
Benchmark Median P/E	19.87x
Benchmark Average P/E	36.53x
Benchmark P/E Range	0x to 332.97x
Company P/B Ratio	2.74x
Benchmark Median P/B	1.45x
Company ROE	-53.85%
Benchmark Median ROE	7.04%
Company ROCE	-4.05%
Benchmark Median ROCE	9.69%
Company Market Capitalisation	Rs 2,776.28 crore
Benchmark Median Market Cap	Rs 94.28 crore

Ddev Plastiks Industries Ltd. (DDEVPLSTIK) is classified under sector: Plastic Products and industry: Plastic Products.

Ddev Plastiks Industries Ltd. (DDEVPLSTIK) has a P/E ratio of 13.76x, which is below the benchmark median of 19.87x, a difference of -30.75%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Ddev Plastiks Industries Ltd. (DDEVPLSTIK) has a ROE of -53.85%, which is below the benchmark median of 7.04%, a difference of -864.91%. Ddev Plastiks Industries Ltd. (DDEVPLSTIK) has a ROCE of -4.05%, which is below the benchmark median of 9.69%, a difference of -141.8%.

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

Ddev Plastiks Industries Ltd. operates within the Plastic Products sector, which encompasses a wide range of companies involved in manufacturing and distributing plastic products. The sector's benchmark includes 138 companies, providing a comprehensive view of the industry's performance.

The company's P/E ratio of 13.76 is below the sector median of 19.87 and average of 36.53, indicating a relatively lower valuation. However, the P/B ratio of 2.74 is above the sector median of 1.45, suggesting a higher valuation on the book value. The company's ROE and ROCE are significantly below the sector averages, highlighting challenges in profitability and efficiency.

With a market capitalisation of Rs 2,776.28 crore, Ddev Plastiks Industries Ltd. is positioned within the Small Cap category, offering potential growth opportunities within the sector. Investors should consider the sector's dynamics and trends when evaluating the company's prospects.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Prince Pipes and Fittings Ltd.	PRINCEPIPE	2,908.86	39.75	1.77	23.65	28.73
EPACK PREFAB TECHN LTD	EPACKPEB	2,686.79	28.35	3.57	10.21	13.83
Nilkamal Ltd.	NILKAMAL	2,678.29	21.49	1.68	7.13	10.95
Cosmo First Ltd.	COSMOFIRST	2,339.64	15	1.46	39	30.79
Apollo Pipes Ltd.	APOLLOPIPE	2,267.6	0	2.91	13.19	16.68

Ddev Plastiks Industries Ltd. (DDEVPLSTIK) has a P/E ratio of 13.76x compared with the displayed peer median of 21.49x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of -53.85% compares with a peer median of 13.19% across the companies shown in the table. ROCE stood at -4.05% versus the displayed peer median of 16.68%, providing a capital-efficiency comparison. Ddev Plastiks Industries Ltd. (DDEVPLSTIK) has a market capitalisation of Rs 2,776.28 crore. Among the 5 peers shown, 1 have a larger market capitalisation.

In comparison to its peers, Ddev Plastiks Industries Ltd. presents a mixed valuation and performance profile. The company's P/E ratio of 13.76 is lower than peers like Prince Pipes and Fittings Ltd. (39.75) and EPACK PREFAB TECHN LTD (28.35), indicating a more attractive valuation. However, its ROE of -53.85% is significantly lower than peers such as Cosmo First Ltd. (39%) and Tarsons Products Ltd. (28.19%), reflecting challenges in profitability.

The company's P/B ratio of 2.74 is higher than the sector median, but lower than EPACK PREFAB TECHN LTD (3.57) and Apollo Pipes Ltd. (2.91), suggesting a moderate valuation on the book value. Investors should consider these comparisons when evaluating the company's relative strengths and weaknesses within the sector.

Why Investors Are Watching Ddev Plastiks Industries Ltd.

Investors are closely monitoring Ddev Plastiks Industries Ltd. due to its recent price rise and market activity. The stock's performance today has positioned it as a top gainer within its category, attracting attention from market participants.

• Price Action: Significant 8.05% rise today.
• Technical Position: Trading above key moving averages.
• Fundamental Context: Mixed valuation metrics.
• Ownership: Monitoring changes in shareholding patterns.
• Sector Positioning: Operates within the Plastic Products sector.

Investors should continue to monitor the stock's performance, technical indicators, and any developments within the sector that may impact its future trajectory.

About Ddev Plastiks Industries Ltd.

Ddev Plastiks Industries Ltd. is a prominent player in the Plastic Products industry, engaged in the manufacturing and distribution of a wide range of plastic products. The company operates within the Plastic Products sector, which is known for its diverse applications and market potential.

The company's product portfolio includes various plastic products catering to different industries and consumer needs. With a focus on quality and innovation, Ddev Plastiks Industries Ltd. aims to meet the evolving demands of its customers and maintain a competitive edge in the market.

As a Small Cap company, Ddev Plastiks Industries Ltd. offers potential growth opportunities within the sector. Investors should consider the company's market position, product offerings, and industry trends when evaluating its prospects.

Track Ddev Plastiks Industries Ltd. Share Price on Univest

Use Ddev Plastiks Industries Ltd. (DDEVPLSTIK) 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 Ddev Plastiks Industries Ltd. Share Price on Univest for live updates on share price, technical indicators, fundamental ratios, shareholding patterns, 52-week levels, and market insights. Univest provides comprehensive tools and resources to help investors make informed decisions based on real-time data and analysis.

Frequently Asked Questions

What is the market capitalisation of Ddev Plastiks Industries Ltd.?

Ans. The market capitalisation of Ddev Plastiks Industries Ltd. is Rs 2,776.28 crore, placing it in the Small Cap category. The company operates in the Plastic Products sector. Its P/E ratio is 13.76x.

What is the P/E ratio of Ddev Plastiks Industries Ltd.?

Ans. The P/E ratio of Ddev Plastiks Industries Ltd. is 13.76, which is below the industry median of 19.87. The company trades at a P/E ratio of 13.76x. Its P/B ratio is 2.74x.

How does Ddev Plastiks Industries Ltd. compare to its peers?

Ans. Ddev Plastiks Industries Ltd. has a lower P/E ratio compared to peers like Prince Pipes and Fittings Ltd., indicating a more attractive valuation. Comparable listed companies include Prince Pipes and Fittings Ltd., EPACK PREFAB TECHN LTD, Nilkamal Ltd.

What sector does Ddev Plastiks Industries Ltd. operate in?

Ans. Ddev Plastiks Industries Ltd. operates in the Plastic Products sector, which includes companies involved in manufacturing and distributing plastic products. The stock belongs to the Plastic Products sector. Its industry classification is Plastic Products.

What is the ROE of Ddev Plastiks Industries Ltd.?

Ans. The ROE of Ddev Plastiks Industries Ltd. is -53.85%, significantly below the industry average, reflecting challenges in profitability. ROE stands at -53.85%. ROCE stands at -4.05%. The relevant peer median ROE is 7.04%.