M P K STEELS (I) LIMITED (MPKSTEELS) Share Price Declines by 9.87%

M P K STEELS (I) LIMITED Share Price fell by 9.87% to Rs 92.65, with a market cap of Rs 104.66 crore.

M P K STEELS (I) LIMITED Share Price experienced a significant decline today, falling by 9.87% to close at Rs 92.65. This drop positions the company within the Micro Cap category, with a market capitalisation of Rs 104.66 crore. The stock opened at Rs 102.2 and reached a high of the same value before descending to its closing price. The day's low was also Rs 92.65, indicating a consistent downward trend throughout the trading session.

The trading volume for the day was 8,800 shares, matching the total volume on the BSE. This turnover amounted to Rs 0.08 crore. The price fall has caught the attention of investors and analysts alike, as it reflects a significant shift in market sentiment towards the company. As the stock navigates this decline, understanding the technical and fundamental aspects becomes crucial for stakeholders.

M P K STEELS (I) LIMITED (MPKSTEELS) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 92.65
Previous Close	Rs 102.8
Today's Change	Rs -10.15 (-9.87%)
Day Open	Rs 102.2
Day High	Rs 102.2
Day Low	Rs 92.65
Current Volume (BSE)	8,800
BSE Traded Volume	8,800
Combined NSE + BSE Volume	8,800
Turnover	Rs 0.08 crore
Market Capitalisation	Rs 104.66 crore
Market Cap Category	Micro Cap

M P K STEELS (I) LIMITED (MPKSTEELS) traded at Rs 92.65. versus the previous close of Rs 102.8, a fall of 9.87%. The stock opened at Rs 102.2, reached Rs 102.2, touched Rs 92.65. Reported volume was 8,800.

M P K STEELS (I) LIMITED (MPKSTEELS) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 104.66 crore
P/E Ratio	17.27x
P/B Ratio	2.01x
EPS	Rs 5.95
Dividend Yield	0%

M P K STEELS (I) LIMITED was valued at a P/E ratio of 17.27x, a P/B ratio of 2.01x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Per-share and shareholder-return metrics included EPS of Rs 5.95, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

From a fundamental perspective, M P K STEELS (I) LIMITED has a market capitalisation of Rs 104.66 crore, categorising it as a Micro Cap company. The price-to-earnings (P/E) ratio is 17.27, which is slightly below the industry median of 18.44 but above the industry average of 36.39. This suggests that the stock is relatively fairly valued compared to its peers.

The price-to-book (P/B) ratio stands at 2.01, above the industry median of 1.34 and average of 1.81, indicating a higher valuation in terms of book value. The company's earnings per share (EPS) is Rs 5.95, reflecting the earnings attributable to each share. The dividend yield is 0, suggesting no current dividend payouts.

Sector and Industry Context

Metric	Value
Sector	Iron & Steel
Industry	Steel & Iron Products
Benchmark Scope	same industry
Company P/E Ratio	17.27x
Benchmark Median P/E	18.44x
Benchmark Average P/E	36.39x
Benchmark P/E Range	0.31x to 373.56x
Company P/B Ratio	2.01x
Benchmark Median P/B	1.34x
Benchmark Median ROE	3.92%
Benchmark Median ROCE	9.12%
Company Market Capitalisation	Rs 104.66 crore
Benchmark Median Market Cap	Rs 141.13 crore

M P K STEELS (I) LIMITED (MPKSTEELS) is classified under sector: Iron & Steel and industry: Steel & Iron Products.

M P K STEELS (I) LIMITED (MPKSTEELS) has a P/E ratio of 17.27x, which is below the benchmark median of 18.44x, a difference of -6.34%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

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

M P K STEELS (I) LIMITED operates within the Iron & Steel sector, specifically in the Steel & Iron Products industry. The sector comprises 106 companies, providing a broad benchmark for comparison. The company's P/E ratio of 17.27 is below the industry median of 18.44, suggesting a relatively fair valuation.

The sector's P/B ratio median is 1.34, with M P K STEELS (I) LIMITED's P/B ratio of 2.01 indicating a higher valuation relative to its book value. The sector's ROE and ROCE medians are 3.92% and 9.12%, respectively, providing a benchmark for assessing the company's profitability metrics.

Overall, the sector's performance and valuation metrics offer insights into the company's positioning within the industry. Investors should consider these benchmarks when evaluating the company's potential for growth and profitability.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
JTL Industries Ltd	JTLIND	2,959.9	30.06	1.99	24.68	22.3
Vardhman Special Steels Ltd.	VSSL	2,944.07	31.63	3.63	10.14	12.97
Rhetan TMT Ltd.	RHETAN	2,443.22	237.27	22.49	3.76	4.11
Pennar Industries Ltd.	PENIND	2,238.4	16.13	1.91	0.41	6.85
Prakash Industries Ltd.	PRAKASH	2,209.87	6.63	0.62	3.29	4.87

M P K STEELS (I) LIMITED (MPKSTEELS) has a P/E ratio of 17.27x compared with the displayed peer median of 30.06x. This is a relative valuation comparison, not a buy or sell signal. M P K STEELS (I) LIMITED (MPKSTEELS) has a market capitalisation of Rs 104.66 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

When compared to its peers, M P K STEELS (I) LIMITED shows a mixed performance. Its P/E ratio of 17.27 is lower than JTL Industries Ltd's 30.06 and Vardhman Special Steels Ltd.'s 31.63, indicating a relatively lower valuation. However, it is higher than Pennar Industries Ltd.'s 16.13 and Prakash Industries Ltd.'s 6.63.

The company's P/B ratio of 2.01 is comparable to JTL Industries Ltd's 1.99 but higher than Pennar Industries Ltd.'s 1.91. In terms of market capitalisation, M P K STEELS (I) LIMITED's Rs 104.66 crore is significantly lower than its peers, reflecting its smaller size within the industry.

Why Investors Are Watching M P K STEELS (I) LIMITED

Investors are closely monitoring M P K STEELS (I) LIMITED due to its recent price action and positioning within the Iron & Steel sector.

• Price Action: Significant 9.87% decline in share price.
• Technical Position: Neutral RSI at 50.64, below key moving averages.
• Fundamental Context: Fair P/E ratio relative to industry median.
• Sector Positioning: Higher P/B ratio compared to sector median.

As the company navigates this price decline, investors should monitor market trends, technical indicators, and fundamental metrics to assess potential opportunities or risks.

About M P K STEELS (I) LIMITED

M P K STEELS (I) LIMITED is a player in the Iron & Steel sector, focusing on Steel & Iron Products. The company operates within a competitive industry, offering a range of steel products. Its market capitalisation of Rs 104.66 crore categorises it as a Micro Cap company, reflecting its smaller size compared to industry giants.

The company's operations are influenced by sector trends and market dynamics, impacting its financial performance and valuation. As a participant in the Steel & Iron Products industry, M P K STEELS (I) LIMITED faces competition from larger peers, necessitating strategic positioning to capture market share and drive growth.

Track M P K STEELS (I) LIMITED Share Price on Univest

Use M P K STEELS (I) LIMITED (MPKSTEELS) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners lists and related market analysis.

Investors can track M P K STEELS (I) LIMITED Share Price on Univest for live updates on technical indicators, fundamental ratios, and market insights. Univest provides comprehensive data, including 52-week levels and shareholding patterns, enabling informed decision-making.

Frequently Asked Questions

What caused the decline in M P K STEELS (I) LIMITED Share Price?

Ans. The data confirms a 9.87% decline in M P K STEELS (I) LIMITED Share Price, but no specific catalyst is provided. Investors should consider broader market trends and sector dynamics.

How does M P K STEELS (I) LIMITED's P/E ratio compare to the industry?

Ans. M P K STEELS (I) LIMITED's P/E ratio of 17.27 is below the industry median of 18.44, suggesting a relatively fair valuation compared to its peers. The company trades at a P/E ratio of 17.27x.

What is the market capitalisation of M P K STEELS (I) LIMITED?

Ans. M P K STEELS (I) LIMITED has a market capitalisation of Rs 104.66 crore, categorising it as a Micro Cap company within the Iron & Steel sector. The company operates in the Iron & Steel sector.

How does M P K STEELS (I) LIMITED's P/B ratio compare to the sector?

Ans. M P K STEELS (I) LIMITED's P/B ratio of 2.01 is above the sector median of 1.34, indicating a higher valuation relative to its book value. The company trades at a P/E ratio of 17.27x.

Who are M P K STEELS (I) LIMITED's peers?

Ans. M P K STEELS (I) LIMITED's peers include JTL Industries Ltd, Vardhman Special Steels Ltd., and Rhetan TMT Ltd., among others in the Iron & Steel sector. Comparable listed companies include JTL Industries Ltd, Vardhman Special Steels Ltd., Rhetan TMT.

What sector does M P K STEELS (I) LIMITED operate in?

Ans. M P K STEELS (I) LIMITED operates in the Iron & Steel sector, specifically within the Steel & Iron Products industry. The stock belongs to the Iron & Steel sector.

How does M P K STEELS (I) LIMITED's market cap compare to its peers?

Ans. M P K STEELS (I) LIMITED's market cap of Rs 104.66 crore is significantly lower than its larger peers, reflecting its smaller size within the industry. The company operates in the Iron & Steel sector.