Manaksia Ltd. (MANAKSIA) Share Price Rises 17.18% Today

Manaksia Ltd. Share Price rises 17.18% today, reaching Rs 65.95 with a market cap of Rs 370.27 crore.

Manaksia Ltd. Share Price has witnessed a significant rise today, closing at Rs 65.95, marking a 17.18% increase from the previous close of Rs 56.28. With a market capitalisation of Rs 370.27 crore, Manaksia Ltd. has drawn attention from investors and analysts alike. The trading volume today was 8,863 shares, indicating heightened interest and activity in the stock. Despite the absence of a clear catalyst from the available data, the substantial price movement suggests a shift in market sentiment or speculative interest. Univest continues to monitor such developments closely, providing insights into the dynamics of the stock market.

Manaksia Ltd. (MANAKSIA) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 65.95
Previous Close	Rs 56.28
Today's Change	+Rs 9.67 (+17.18%)
Day Open	Rs 56.2
Day High	Rs 65.95
Day Low	Rs 56.1
Current Volume (BSE)	237
BSE Traded Volume	237
NSE Traded Volume	8,626
Combined NSE + BSE Volume	8,863
Turnover	Rs 0 crore
Market Capitalisation	Rs 370.27 crore
Market Cap Category	Micro Cap

Manaksia Ltd. (MANAKSIA) traded at Rs 65.95. versus the previous close of Rs 56.28, a rise of 17.18%. The stock opened at Rs 56.2, reached Rs 65.95, touched Rs 56.1. Reported volume was 237.

Manaksia Ltd. (MANAKSIA) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 370.27 crore
P/E Ratio	7.05x
P/B Ratio	0.51x
ROE	6.75%
ROCE	10.3%
EPS	Rs 7.99
Dividend Yield	0%

Manaksia Ltd. was valued at a P/E ratio of 7.05x, a P/B ratio of 0.51x. 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 6.75% and ROCE of 10.3%. 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 7.99, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Manaksia Ltd. operates with a market capitalisation of Rs 370.27 crore, positioning it within the micro-cap segment. The company's price-to-earnings (P/E) ratio is 7.05, which is considerably lower than the industry median of 24.12, suggesting a potentially undervalued stock relative to its peers. The price-to-book (P/B) ratio stands at 0.51, also below the industry median of 1.28, reinforcing the perception of undervaluation. The return on equity (ROE) is 6.75%, and the return on capital employed (ROCE) is 10.3%, both of which are above the industry medians of 2.07% and 4.53%, respectively. This indicates efficient use of capital and shareholder funds. The earnings per share (EPS) is Rs 7.99, reflecting the company's profitability on a per-share basis. However, the dividend yield is currently 0, indicating no dividend payout. These fundamentals suggest that Manaksia Ltd. is operating efficiently within its sector, with potential for growth and value appreciation.

Sector and Industry Context

Metric	Value
Sector	Trading
Industry	Trading
Benchmark Scope	same industry
Company P/E Ratio	7.05x
Benchmark Median P/E	24.12x
Benchmark Average P/E	131.09x
Benchmark P/E Range	0.11x to 9,945.94x
Company P/B Ratio	0.51x
Benchmark Median P/B	1.28x
Company ROE	6.75%
Benchmark Median ROE	2.07%
Company ROCE	10.3%
Benchmark Median ROCE	4.53%
Company Market Capitalisation	Rs 370.27 crore
Benchmark Median Market Cap	Rs 45.42 crore

Manaksia Ltd. (MANAKSIA) is classified under sector: Trading and industry: Trading.

Manaksia Ltd. (MANAKSIA) has a P/E ratio of 7.05x, which is below the benchmark median of 24.12x, a difference of -70.77%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Manaksia Ltd. (MANAKSIA) has a ROE of 6.75%, which is above the benchmark median of 2.07%, a difference of +226.09%. Manaksia Ltd. (MANAKSIA) has a ROCE of 10.3%, which is above the benchmark median of 4.53%, a difference of +127.37%.

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

Manaksia Ltd. is part of the Trading sector, specifically within the Trading industry. The sector comprises 434 companies, with Manaksia Ltd.'s P/E ratio of 7.05 significantly below the industry average of 131.09, indicating a more conservative valuation approach. The company's P/B ratio of 0.51 is also below the industry average of -8.93, which is skewed by extreme values. The ROE of 6.75% and ROCE of 10.3% are above the industry averages of 8.21% and 4.26%, respectively, suggesting better-than-average operational efficiency. The sector's market capitalisation ranges from Rs 1.01 crore to Rs 2,783.52 crore, with Manaksia Ltd. positioned towards the lower end, highlighting its micro-cap status. This context provides a backdrop for understanding the company's valuation and performance within its industry.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Confidence Petroleum India Ltd.	CONFIPET	2,783.52	29.34	1.92	9.89	12.79
Elitecon International Ltd.	ELITECON	2,752.62	9.79	6.74	-1.29	-1.22
Fischer Medical Ventures Ltd.	FISCHER	2,523.16	79.87	6.9	0	-11.19
SIRCA Paints India Ltd.	SIRCA	2,445.5	37.09	5.06	12.99	17.3
Vintage Coffee & Beverages Ltd.	VINCOFE	2,229.55	28.42	3.89	3.02	4.38

Manaksia Ltd. (MANAKSIA) has a P/E ratio of 7.05x compared with the displayed peer median of 29.34x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 6.75% compares with a peer median of 3.02% across the companies shown in the table. ROCE stood at 10.3% versus the displayed peer median of 4.38%, providing a capital-efficiency comparison. Manaksia Ltd. (MANAKSIA) has a market capitalisation of Rs 370.27 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

In comparison to its peers, Manaksia Ltd. exhibits a competitive edge in several areas. Its P/E ratio of 7.05 is lower than that of Confidence Petroleum India Ltd. (29.34) and SIRCA Paints India Ltd. (37.09), indicating a potentially more attractive valuation. The company's ROE of 6.75% is lower than Khazanchi Jewellers Ltd. (12.06%) but higher than Elitecon International Ltd. (-1.29%), showcasing a mixed performance relative to peers. The ROCE of 10.3% is competitive, especially against Fischer Medical Ventures Ltd. (-11.19%) and Vintage Coffee & Beverages Ltd. (4.38%). Manaksia Ltd.'s market cap of Rs 370.27 crore is significantly smaller than its peers, reflecting its micro-cap status and potential for growth in market share.

Why Investors Are Watching Manaksia Ltd.

Investors are closely monitoring Manaksia Ltd. due to its recent price rise and competitive valuation metrics.

• Price Action: 17.18% increase today, exceeding micro-cap threshold.
• Technical Position: Neutral RSI at 48.11, suggesting balanced momentum.
• Fundamental Context: Low P/E and P/B ratios, efficient ROE and ROCE.
• Sector Positioning: Operates within Trading sector, showing operational efficiency.

Investors should continue to observe Manaksia Ltd.'s market performance and sector developments to assess future opportunities.

About Manaksia Ltd.

Manaksia Ltd. is a company engaged in the Trading sector, with a focus on various trading activities. The company operates within the Trading industry, which includes a wide range of businesses involved in the buying and selling of goods and services. Manaksia Ltd. has established itself as a player in this sector, leveraging its expertise to navigate the competitive landscape. The company's operations are supported by its strategic approach to trading, aiming to maximise value for its stakeholders. As a micro-cap company, Manaksia Ltd. continues to explore opportunities for growth and expansion within its industry.

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Frequently Asked Questions

What is the current share price of Manaksia Ltd.?

Ans. The current share price of Manaksia Ltd. is Rs 65.95, reflecting a 17.18% increase from the previous close of Rs 56.28. The stock moved 17.18% during the session. The intraday range extended from Rs 56.1 to Rs 65.95.

How much did Manaksia Ltd. share price rise today?

Ans. Manaksia Ltd. share price rose by 17.18% today, closing at Rs 65.95, up from the previous close of Rs 56.28. The stock moved 17.18% during the session. The intraday range extended from Rs 56.1 to Rs 65.95.

What is the market capitalisation of Manaksia Ltd.?

Ans. The market capitalisation of Manaksia Ltd. is Rs 370.27 crore, categorising it as a micro-cap company. The company operates in the Trading sector. Its P/E ratio is 7.05x. ROE is 6.75% and ROCE is 10.3%.

What are the P/E and P/B ratios of Manaksia Ltd.?

Ans. Manaksia Ltd. has a P/E ratio of 7.05 and a P/B ratio of 0.51, both indicating potential undervaluation compared to industry medians. The company trades at a P/E ratio of 7.05x.

What is the ROE of Manaksia Ltd.?

Ans. The return on equity (ROE) for Manaksia Ltd. is 6.75%, which is above the industry median of 2.07%. ROE stands at 6.75%. ROCE stands at 10.3%. The relevant peer median ROE is 2.07%.

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

Ans. Manaksia Ltd.'s ROCE is 10.3%, higher than the industry median of 4.53%, indicating efficient capital use. ROE stands at 6.75%. ROCE stands at 10.3%. The relevant peer median ROE is 2.07%.

Who are Manaksia Ltd.'s peers?

Ans. Manaksia Ltd.'s peers include Confidence Petroleum India Ltd., Elitecon International Ltd., and SIRCA Paints India Ltd., among others. Comparable listed companies include Confidence Petroleum India Ltd., Elitecon International Ltd., Fischer Medical Ventures Ltd.

How does Manaksia Ltd.'s P/E ratio compare to its peers?

Ans. Manaksia Ltd.'s P/E ratio of 7.05 is lower than many of its peers, suggesting a potentially more attractive valuation. The company trades at a P/E ratio of 7.05x. Its P/B ratio is 0.51x.