READYMIX CONSTRU MACHI L (READYMIX-SM) Share Price Rises 9.38% Today

READYMIX CONSTRU MACHI L Share Price rises 9.38% today, reaching Rs 112 with a market cap of Rs 112.22 Cr.

READYMIX CONSTRU MACHI L Share Price has experienced a notable rise today, climbing 9.38% to reach Rs 112. This increase comes as the stock opened at Rs 107.4 and reached a high of Rs 112, with a low of Rs 107.4. The company's market capitalisation now stands at Rs 112.22 crore, placing it in the Micro Cap category.

The stock's performance today has drawn attention, particularly as it ranks among the top gainers. While the exact catalyst for this rise is not specified, the data confirms the substantial price movement. Investors and analysts are keen to understand the underlying factors contributing to this increase, as well as the potential implications for future performance.

READYMIX CONSTRU MACHI L (READYMIX-SM) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 112
Previous Close	Rs 102.4
Today's Change	+Rs 9.6 (+9.38%)
Day Open	Rs 107.4
Day High	Rs 112
Day Low	Rs 107.4
Current Volume (NSE)	5,000
NSE Traded Volume	5,000
Combined NSE + BSE Volume	5,000
Turnover	Rs 0.06 crore
Market Capitalisation	Rs 112.22 crore
Market Cap Category	Micro Cap

READYMIX CONSTRU MACHI L (READYMIX-SM) traded at Rs 112. versus the previous close of Rs 102.4, a rise of 9.38%. The stock opened at Rs 107.4, reached Rs 112, touched Rs 107.4. Reported volume was 5,000.

READYMIX CONSTRU MACHI L (READYMIX-SM) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 112.22 crore
P/E Ratio	15x
P/B Ratio	1.84x
ROE	65.9%
ROCE	60.37%
EPS	Rs 6.83
Dividend Yield	0%

READYMIX CONSTRU MACHI L was valued at a P/E ratio of 15x, a P/B ratio of 1.84x. 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 65.9% and ROCE of 60.37%. 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 6.83, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

READYMIX CONSTRU MACHI L's market capitalisation of Rs 112.22 crore places it within the Micro Cap category, a segment often characterised by higher volatility and growth potential. The company's P/E ratio stands at 15, which is below the industry median of 22.94, suggesting a relatively lower valuation compared to its peers. The P/B ratio of 1.84 is also below the industry median of 2.42, indicating a potentially undervalued position.

The company boasts a robust ROE of 65.9% and a ROCE of 60.37%, both significantly higher than the industry medians of 8.88% and 12.37%, respectively. This indicates strong profitability and efficient capital utilisation, which are attractive attributes for investors. The EPS of Rs 6.83 further underscores the company's earnings capability, while the absence of a dividend yield suggests a focus on reinvestment and growth.

Overall, the fundamental analysis of READYMIX CONSTRU MACHI L highlights a company with strong financial metrics, particularly in terms of profitability and capital efficiency. These factors may contribute to the increased investor interest observed in today's price action.

Sector and Industry Context

Metric	Value
Sector	Capital Goods
Industry	Engineering – Industrial Equipments
Benchmark Scope	same industry
Company P/E Ratio	15x
Benchmark Median P/E	22.94x
Benchmark Average P/E	60.9x
Benchmark P/E Range	0.18x to 2,502.59x
Company P/B Ratio	1.84x
Benchmark Median P/B	2.42x
Company ROE	65.9%
Benchmark Median ROE	8.88%
Company ROCE	60.37%
Benchmark Median ROCE	12.37%
Company Market Capitalisation	Rs 112.22 crore
Benchmark Median Market Cap	Rs 202.05 crore

READYMIX CONSTRU MACHI L (READYMIX-SM) is classified under sector: Capital Goods and industry: Engineering – Industrial Equipments.

READYMIX CONSTRU MACHI L (READYMIX-SM) has a P/E ratio of 15x, which is below the benchmark median of 22.94x, a difference of -34.61%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

READYMIX CONSTRU MACHI L (READYMIX-SM) has a ROE of 65.9%, which is above the benchmark median of 8.88%, a difference of +642.12%. READYMIX CONSTRU MACHI L (READYMIX-SM) has a ROCE of 60.37%, which is above the benchmark median of 12.37%, a difference of +388.04%.

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

READYMIX CONSTRU MACHI L operates within the Capital Goods sector, specifically in the Engineering – Industrial Equipments industry. The sector comprises 136 companies, with a wide range of market capitalisations and valuation metrics. The company's P/E ratio of 15 is below the industry average of 60.9, suggesting a more conservative valuation approach.

In terms of P/B ratio, READYMIX CONSTRU MACHI L's figure of 1.84 is also below the industry average of 3.94, further indicating a potentially undervalued position. The company's ROE and ROCE are significantly higher than the industry averages of 7.32% and 10.9%, respectively, highlighting its superior profitability and capital efficiency.

The sector's performance and the company's relative positioning within it provide valuable context for understanding the stock's recent price movement. Investors may find the company's strong financial metrics and valuation appealing, particularly in comparison to its industry peers.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
MPF Systems Ltd.	MPFSL	70,97,404.32	0.18	0.21	0	0
HLE Glascoat Ltd.	HLEGLAS	2,982.39	77.19	7.51	54.6	41.93
Windsor Machines Ltd.	WINDMACHIN	2,933.59	0	3.72	3.87	4.98
JNK India Ltd.	JNKINDIA	2,555.14	39.7	4.55	44.75	52.78
Concord Control Systems Ltd.	CNCRD	2,529.87	60.99	13.64	33.89	29.55

READYMIX CONSTRU MACHI L (READYMIX-SM) has a P/E ratio of 15x compared with the displayed peer median of 39.7x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 65.9% compares with a peer median of 33.89% across the companies shown in the table. ROCE stood at 60.37% versus the displayed peer median of 29.55%, providing a capital-efficiency comparison. READYMIX CONSTRU MACHI L (READYMIX-SM) has a market capitalisation of Rs 112.22 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

When compared to its peers in the Capital Goods sector, READYMIX CONSTRU MACHI L demonstrates a competitive edge in several key metrics. Its P/E ratio of 15 is lower than that of JNK India Ltd. (39.7) and Concord Control Systems Ltd. (60.99), indicating a more attractive valuation. The company's ROE of 65.9% surpasses that of HLE Glascoat Ltd. (54.6%) and JNK India Ltd. (44.75%), showcasing its superior profitability.

Similarly, READYMIX CONSTRU MACHI L's ROCE of 60.37% is higher than that of Concord Control Systems Ltd. (29.55%) and Windsor Machines Ltd. (4.98%), reflecting its efficient capital utilisation. The company's market capitalisation of Rs 112.22 crore is smaller than its peers, which may present both opportunities and challenges in terms of growth potential and market perception.

Why Investors Are Watching READYMIX CONSTRU MACHI L

Investors are closely monitoring READYMIX CONSTRU MACHI L due to its recent price rise and strong financial metrics. The company's performance today has positioned it as a top gainer, drawing attention from market participants.

• Significant price rise of 9.38% today.
• Strong ROE and ROCE compared to industry peers.
• Lower P/E and P/B ratios suggest potential undervaluation.
• Operates in the Capital Goods sector with robust financial metrics.

As the company continues to demonstrate strong financial performance, investors will be keen to track its future developments and market positioning.

About READYMIX CONSTRU MACHI L

READYMIX CONSTRU MACHI L is a company operating in the Capital Goods sector, specifically within the Engineering – Industrial Equipments industry. The company focuses on manufacturing and supplying industrial equipment, catering to various sectors that require high-quality machinery and construction solutions.

With a commitment to innovation and quality, READYMIX CONSTRU MACHI L has established itself as a reliable player in the industry. The company's product offerings are designed to meet the diverse needs of its clients, ensuring efficiency and productivity in their operations. As the industry continues to evolve, READYMIX CONSTRU MACHI L remains focused on expanding its market presence and enhancing its product portfolio to cater to emerging demands.

Track READYMIX CONSTRU MACHI L Share Price on Univest

Use READYMIX CONSTRU MACHI L (READYMIX-SM) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

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Frequently Asked Questions

What is the current share price of READYMIX CONSTRU MACHI L?

Ans. The current share price of READYMIX CONSTRU MACHI L is Rs 112, reflecting a 9.38% increase from the previous close of Rs 102.4. The stock moved 9.38% during the session.

How much did READYMIX CONSTRU MACHI L's share price rise today?

Ans. READYMIX CONSTRU MACHI L's share price rose by 9.38% today, reaching Rs 112 from the previous close of Rs 102.4. The stock moved 9.38% during the session. The intraday range extended from Rs 107.4 to Rs 112.

What is the market capitalisation of READYMIX CONSTRU MACHI L?

Ans. The market capitalisation of READYMIX CONSTRU MACHI L is Rs 112.22 crore, categorising it as a Micro Cap company. The company operates in the Capital Goods sector. Its P/E ratio is 15x.

What is READYMIX CONSTRU MACHI L's P/E ratio?

Ans. READYMIX CONSTRU MACHI L has a P/E ratio of 15, which is below the industry median of 22.94, indicating a relatively lower valuation. The company trades at a P/E ratio of 15x.

How does READYMIX CONSTRU MACHI L's ROE compare to the industry?

Ans. READYMIX CONSTRU MACHI L's ROE of 65.9% is significantly higher than the industry median of 8.88%, showcasing strong profitability. ROE stands at 65.9%. ROCE stands at 60.37%. The relevant peer median ROE is 8.88%.

What sector does READYMIX CONSTRU MACHI L operate in?

Ans. READYMIX CONSTRU MACHI L operates in the Capital Goods sector, specifically within the Engineering – Industrial Equipments industry. The stock belongs to the Capital Goods sector. Its industry classification is Engineering – Industrial Equipments.

What is the company's ROCE?

Ans. The company's ROCE is 60.37%, which is significantly higher than the industry median of 12.37%, indicating efficient capital utilisation. ROE stands at 65.9%. ROCE stands at 60.37%. The relevant peer median ROE is 8.88%.

How does the company's P/B ratio compare to the industry?

Ans. READYMIX CONSTRU MACHI L's P/B ratio of 1.84 is below the industry median of 2.42, indicating a potentially undervalued position. The company trades at a P/E ratio of 15x. Its P/B ratio is 1.84x.