Gini Silk Mills Ltd. (GINISILK) Share Price Surges 9% Today

Gini Silk Mills Ltd. Share Price surges 9% to Rs 59.47, marking a significant move in the Micro Cap category.

Gini Silk Mills Ltd. Share Price has experienced a notable surge today, rising by 9% to reach Rs 59.47. This movement positions the company as a top gainer in the Micro Cap category, where it surpassed the qualifying threshold of 8.1%. With a market capitalisation of Rs 30.51 crore, Gini Silk Mills Ltd. has captured investor attention. The current price rise is significant, yet the data does not establish a specific catalyst for this movement. Investors and analysts are closely monitoring the stock's performance, given its recent price action.

Gini Silk Mills Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 59.47
Previous Close	Rs 54.56
Today's Change	+Rs 4.91 (+9%)
Day Open	Rs 61.9
Day High	Rs 61.9
Day Low	Rs 59.46
Current Volume	0
Turnover	Rs 0 crore
Market Capitalisation	Rs 30.51 crore
Market Cap Category	Micro Cap
Qualifying Threshold Cleared	8.1%

Today's trading session saw Gini Silk Mills Ltd. open at Rs 61.9, reaching a high of the same value before settling at Rs 59.47. The previous close was Rs 54.56, resulting in a day change of Rs 4.91 or 9%. Despite the absence of trading volume and turnover data, the stock's price action has been noteworthy. As a Micro Cap stock, Gini Silk Mills Ltd. cleared the 8.1% threshold, highlighting its significant price movement today.

Gini Silk Mills Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 30.51 crore
P/E Ratio	19.23x
P/B Ratio	0.59x
ROE	-1.38%
ROCE	-0.94%
EPS	Rs 2.84
Book Value Per Share	Rs 92.64
Dividend Yield	0%

Gini Silk Mills Ltd. was valued at a P/E ratio of 19.23x, a P/B ratio of 0.59x. 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 -1.38% and ROCE of -0.94%. 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 2.84, book value per share of Rs 92.64, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Gini Silk Mills Ltd. has a market capitalisation of Rs 30.51 crore, with an enterprise value that reflects its Micro Cap status. The company's P/E ratio is 19.23, which is above the industry median of 12.29, indicating a relatively higher valuation. The P/B ratio of 0.59 is below the industry median, suggesting a lower valuation in terms of book value. The company's ROE and ROCE are negative, at -1.38% and -0.94% respectively, which may challenge investor confidence. The EPS of Rs 2.84 and book value per share of Rs 92.64 provide additional context to its financial standing.

Sector and Industry Context

Metric	Value
Sector	Textile
Industry	Textile
Benchmark Scope	same industry
Companies in Benchmark	200
Company P/E Ratio	19.23x
Benchmark Median P/E	12.29x
Benchmark Average P/E	59.62x
Benchmark P/E Range	0x to 1,875.4x
Companies with P/E Data	200
Company P/B Ratio	0.59x
Benchmark Median P/B	1.1x
Company ROE	-1.38%
Benchmark Median ROE	3.77%
Company ROCE	-0.94%
Benchmark Median ROCE	7.11%
Company Market Capitalisation	Rs 30.51 crore
Benchmark Median Market Cap	Rs 87.81 crore

Gini Silk Mills Ltd. (GINISILK) is classified under sector: Textile and industry: Textile. The numerical benchmark uses 200 same industry companies from the supplied master-data set.

Gini Silk Mills Ltd. (GINISILK) has a P/E ratio of 19.23x, which is above the benchmark median of 12.29x, a difference of +56.47%. The benchmark contains 200 companies with P/E data, ranging from 0x to 1,875.4x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Gini Silk Mills Ltd. (GINISILK) has a ROE of -1.38%, which is below the benchmark median of 3.77%, a difference of -136.6%. Gini Silk Mills Ltd. (GINISILK) has a ROCE of -0.94%, which is below the benchmark median of 7.11%, a difference of -113.22%.

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

Gini Silk Mills Ltd. operates within the Textile sector, which comprises 307 companies. The company's P/E ratio of 19.23 is above the sector median of 12.29, indicating a higher valuation compared to peers. However, its P/B ratio of 0.59 is below the sector median of 1.1, suggesting a lower valuation in terms of book value. The company's ROE and ROCE are both negative, contrasting with the sector medians of 3.77% and 7.11% respectively. This positions Gini Silk Mills Ltd. below the sector average in terms of profitability.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Source Industries (India) Ltd.	SOURCEIND	30.9	260.48	7.13	-2.46	-2.37
Surbhi Industries Ltd.	SURBHIN	31.39	15.8	1.65	10.3	14.17
SIHORA INDUSTRIES LIMITED	SIHORA	31.43	32.57	1.96	9.49	9.9
United Cotfab Ltd.	COTFAB	29.14	7.8	0.58	13.48	10.18
Swasti Vinayaka Synthetics Ltd.	SWASTIVI	33.12	10.86	1.29	11.68	14.89

Gini Silk Mills Ltd. (GINISILK) has a P/E ratio of 19.23x compared with the displayed peer median of 15.8x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of -1.38% compares with a peer median of 10.3% across the companies shown in the table. ROCE stood at -0.94% versus the displayed peer median of 10.18%, providing a capital-efficiency comparison. Gini Silk Mills Ltd. (GINISILK) has a market capitalisation of Rs 30.51 crore. Among the 5 peers shown, 4 have a larger market capitalisation.

In comparison to its peers, Gini Silk Mills Ltd. has a market cap of Rs 30.51 crore. Its P/E ratio of 19.23 is higher than United Cotfab Ltd.'s 7.8 but lower than Source Industries (India) Ltd.'s 260.48. The company's P/B ratio of 0.59 is comparable to United Cotfab Ltd.'s 0.58. However, its negative ROE and ROCE contrast with the positive figures of peers like Surbhi Industries Ltd. and Swasti Vinayaka Synthetics Ltd.

Why Investors Are Watching Gini Silk Mills Ltd.

• Significant 9% price rise today, surpassing the Micro Cap threshold.
• Neutral RSI indicates balanced momentum.
• Higher P/E ratio compared to sector median.
• Negative ROE and ROCE challenge profitability.
• Operates in the competitive Textile sector.

About Gini Silk Mills Ltd.

Gini Silk Mills Ltd. is a player in the Textile industry, focusing on the production and distribution of silk and other textile products. The company operates within a competitive sector, offering a range of textile solutions to its clients. Despite its Micro Cap status, Gini Silk Mills Ltd. continues to engage in the textile market, navigating industry challenges and opportunities.

Track Gini Silk Mills Ltd. Share Price on Univest

Use Gini Silk Mills Ltd. (GINISILK) 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 Gini Silk Mills Ltd. Share Price, technical indicators, fundamental ratios, and market insights on Univest. Stay updated with the latest share price movements and industry trends.

Frequently Asked Questions

What is the current share price of Gini Silk Mills Ltd.?

Ans. The current share price of Gini Silk Mills Ltd. is Rs 59.47, reflecting a 9% increase from the previous close of Rs 54.56. The stock moved 9% during the session.

How much did Gini Silk Mills Ltd. share price rise today?

Ans. Gini Silk Mills Ltd. share price rose by 9% today, marking a significant gain in the Micro Cap category. The stock moved 9% during the session. The intraday range extended from Rs 59.46 to Rs 61.9.

What is the P/E ratio of Gini Silk Mills Ltd.?

Ans. The P/E ratio of Gini Silk Mills Ltd. is 19.23, which is above the industry median of 12.29, indicating a relatively higher valuation. The company trades at a P/E ratio of 19.23x.

How does Gini Silk Mills Ltd. compare to its peers?

Ans. Gini Silk Mills Ltd. has a higher P/E ratio than United Cotfab Ltd. but lower than Source Industries (India) Ltd. Its ROE and ROCE are negative compared to positive figures of peers.

What sector does Gini Silk Mills Ltd. operate in?

Ans. Gini Silk Mills Ltd. operates in the Textile sector, which includes 307 companies, offering a range of textile solutions. The stock belongs to the Textile sector. Its industry classification is Textile.

What is the market capitalisation of Gini Silk Mills Ltd.?

Ans. The market capitalisation of Gini Silk Mills Ltd. is Rs 30.51 crore, categorising it as a Micro Cap company. The company operates in the Textile sector. Its P/E ratio is 19.23x.

What is the ROE of Gini Silk Mills Ltd.?

Ans. The ROE of Gini Silk Mills Ltd. is -1.38%, which is below the industry median of 3.77%, indicating a challenge in profitability. ROE stands at -1.38%. ROCE stands at -0.94%.