RECODE STUDIOS LIMITED (RECODE) Share Price Surges 8.28% Today

RECODE STUDIOS LIMITED Share Price rises 8.28% today, marking a significant gain in the micro-cap category.

RECODE STUDIOS LIMITED Share Price experienced a notable surge today, closing at Rs 236.8, up by 8.28% from the previous close of Rs 218.7. This price movement places RECODE STUDIOS LIMITED firmly in the spotlight, especially within the micro-cap category, where it surpassed the qualifying threshold of 8.1%. With a market capitalisation of Rs 232.79 crore, this increase highlights the stock's potential interest among investors.

The company's share price opened at Rs 226.5 and reached a high of Rs 240 during the trading session, demonstrating strong upward momentum. The day's low was recorded at Rs 220, indicating some volatility throughout the session. The total turnover for the day was Rs 3.2 crore, with a volume of 1,35,200 shares traded on the BSE, reflecting significant investor participation.

RECODE STUDIOS LIMITED Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 236.8
Previous Close	Rs 218.7
Today's Change	+Rs 18.1 (+8.28%)
Day Open	Rs 226.5
Day High	Rs 240
Day Low	Rs 220
Current Volume (BSE)	1,35,200
BSE Traded Volume	1,35,200
Combined NSE + BSE Volume	1,35,200
Turnover	Rs 3.2 crore
Market Capitalisation	Rs 232.79 crore
Market Cap Category	Micro Cap
Qualifying Threshold Cleared	8.1%

Today's price action for RECODE STUDIOS LIMITED was marked by a significant gain of 8.28%, closing at Rs 236.8. The stock opened at Rs 226.5 and reached an intraday high of Rs 240, before settling at its closing price. The day's low was Rs 220, indicating a range of price movements throughout the session. The total turnover for the day was Rs 3.2 crore, with a volume of 1,35,200 shares traded on the BSE, highlighting strong investor interest.

As a micro-cap stock, RECODE STUDIOS LIMITED's price rise today cleared the qualifying threshold of 8.1%, making it a top gainer in its category. This significant price movement underscores the stock's potential appeal to investors looking for opportunities in the micro-cap space. The current market capitalisation of Rs 232.79 crore further positions the company within the competitive landscape of the retailing sector.

RECODE STUDIOS LIMITED Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 232.79 crore
P/E Ratio	20.74x
P/B Ratio	4.12x
ROE	13.33%
ROCE	14.5%
EPS	Rs 10.54
Book Value Per Share	Rs 53.04
Dividend Yield	0%

RECODE STUDIOS LIMITED was valued at a P/E ratio of 20.74x, a P/B ratio of 4.12x. 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 13.33% and ROCE of 14.5%. 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 10.54, book value per share of Rs 53.04, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

RECODE STUDIOS LIMITED, with a market capitalisation of Rs 232.79 crore, is positioned within the micro-cap segment of the retailing sector. The company's price-to-earnings (P/E) ratio stands at 20.74, which is above the industry median of 12.23 but below the average of 31.29, indicating a moderate valuation. The price-to-book (P/B) ratio of 4.12 is slightly above the industry median of 3.43, suggesting a premium valuation relative to its book value.

The company's return on equity (ROE) is 13.33%, significantly higher than the industry median of 0.55%, indicating efficient use of shareholder funds. Similarly, the return on capital employed (ROCE) is 14.5%, above the industry median of 11.96%, highlighting effective capital utilisation. The earnings per share (EPS) is Rs 10.54, reflecting the company's profitability on a per-share basis. The book value per share is Rs 53.04, providing a measure of the company's net asset value per share.

While the dividend yield is currently at 0%, the company's financial metrics suggest a focus on reinvestment and growth. These fundamentals provide a context for the recent price rise, indicating that the company is performing well relative to its peers and the broader industry.

Sector and Industry Context

Metric	Value
Sector	Retailing
Industry	e-Commerce
Benchmark Scope	same industry
Companies in Benchmark	9
Company P/E Ratio	20.74x
Benchmark Median P/E	12.23x
Benchmark Average P/E	31.29x
Benchmark P/E Range	0x to 150.84x
Companies with P/E Data	9
Company P/B Ratio	4.12x
Benchmark Median P/B	3.43x
Company ROE	13.33%
Benchmark Median ROE	0.55%
Company ROCE	14.5%
Benchmark Median ROCE	11.96%
Company Market Capitalisation	Rs 232.79 crore
Benchmark Median Market Cap	Rs 31.21 crore

RECODE STUDIOS LIMITED (RECODE) is classified under sector: Retailing and industry: e-Commerce. The numerical benchmark uses 9 same industry companies from the supplied master-data set.

RECODE STUDIOS LIMITED (RECODE) has a P/E ratio of 20.74x, which is above the benchmark median of 12.23x, a difference of +69.58%. The benchmark contains 9 companies with P/E data, ranging from 0x to 150.84x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

RECODE STUDIOS LIMITED (RECODE) has a ROE of 13.33%, which is above the benchmark median of 0.55%, a difference of +2,323.64%. RECODE STUDIOS LIMITED (RECODE) has a ROCE of 14.5%, which is above the benchmark median of 11.96%, a difference of +21.24%.

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

RECODE STUDIOS LIMITED operates within the retailing sector, specifically in the e-commerce industry. The sector snapshot reveals that the company's P/E ratio of 20.74 is above the industry median of 12.23 but below the average of 31.29, positioning it moderately within its peer group. The P/B ratio of 4.12 is slightly above the industry median of 3.43, indicating a premium valuation relative to its book value.

The company's ROE of 13.33% is significantly higher than the industry median of 0.55%, showcasing strong profitability relative to its peers. Similarly, the ROCE of 14.5% is above the industry median of 11.96%, highlighting efficient capital utilisation. The market capitalisation of Rs 232.79 crore places RECODE STUDIOS LIMITED above the industry median of Rs 31.21 crore, indicating a relatively larger size within the micro-cap segment.

Overall, the sector and industry context suggests that RECODE STUDIOS LIMITED is well-positioned within the e-commerce space, with strong financial metrics and a competitive market position. This context supports the recent price rise and highlights the company's potential for future growth.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
ACETECH E-COMMERCE LTD	ACETEC-SM	219.54	21.36	3.36	73.1	79.8
SAT KARTAR SHOPPING LTD	SATKARTAR-ST	215.76	12.5	4.12	99.24	99.92
Macobs Technologies Ltd.	MACOBSTECH-SM	202.86	76.38	6.6	0	-17.4
Pace E-Commerce Ventures Ltd.	PACE	31.21	8.28	0.41	0.55	2.29
Enfuse Solutions Ltd.	ENFUSE-SM	145.99	0	4.17	99.25	133.34

RECODE STUDIOS LIMITED (RECODE) has a P/E ratio of 20.74x compared with the displayed peer median of 12.5x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 13.33% compares with a peer median of 73.1% across the companies shown in the table. ROCE stood at 14.5% versus the displayed peer median of 79.8%, providing a capital-efficiency comparison. RECODE STUDIOS LIMITED (RECODE) has a market capitalisation of Rs 232.79 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

When compared to its peers, RECODE STUDIOS LIMITED demonstrates a competitive position within the e-commerce industry. The company's P/E ratio of 20.74 is comparable to ACETECH E-COMMERCE LTD's 21.36 and higher than SAT KARTAR SHOPPING LTD's 12.5, indicating a moderate valuation. The P/B ratio of 4.12 is on par with SAT KARTAR SHOPPING LTD and slightly higher than ACETECH E-COMMERCE LTD's 3.36.

In terms of profitability, RECODE STUDIOS LIMITED's ROE of 13.33% is lower than SAT KARTAR SHOPPING LTD's 99.24% but higher than ACETECH E-COMMERCE LTD's 73.1%. The ROCE of 14.5% is also lower than SAT KARTAR SHOPPING LTD's 99.92% but above ACETECH E-COMMERCE LTD's 79.8%. The company's market capitalisation of Rs 232.79 crore is higher than most peers, indicating a strong market presence within the micro-cap segment.

Why Investors Are Watching RECODE STUDIOS LIMITED

Investors are closely monitoring RECODE STUDIOS LIMITED due to its recent price rise and strong financial metrics. The company's performance within the e-commerce industry and its competitive position among peers make it an attractive prospect.

• Significant price rise of 8.28% today, surpassing the micro-cap threshold.
• Strong technical indicators with a positive RSI and MACD.
• Solid fundamentals with a high ROE and ROCE.
• Competitive position within the e-commerce sector.

Investors should continue to monitor RECODE STUDIOS LIMITED's financial performance and market developments to assess its potential for future growth.

About RECODE STUDIOS LIMITED

RECODE STUDIOS LIMITED operates in the retailing sector, focusing on the e-commerce industry. The company is involved in various segments of online retail, offering a wide range of products to consumers. With a market capitalisation of Rs 232.79 crore, RECODE STUDIOS LIMITED is positioned within the micro-cap segment, competing with other e-commerce companies in the industry.

The company's business model revolves around leveraging technology to enhance the shopping experience for customers, providing a seamless and efficient platform for online transactions. As part of the rapidly growing e-commerce sector, RECODE STUDIOS LIMITED aims to capture a larger market share by expanding its product offerings and improving customer engagement.

Track RECODE STUDIOS LIMITED Share Price on Univest

Use RECODE STUDIOS LIMITED (RECODE) 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 the live share price of RECODE STUDIOS LIMITED on Univest, along with technical indicators, fundamental ratios, and shareholding patterns. Univest provides comprehensive market insights, including 52-week levels and sector performance, helping investors make informed decisions.

Frequently Asked Questions

How much did RECODE STUDIOS LIMITED's share price rise today?

Ans. The share price of RECODE STUDIOS LIMITED rose by 8.28% today, closing at Rs 236.8. The stock moved 8.28% during the session. The intraday range extended from Rs 220 to Rs 240.

What is the market capitalisation of RECODE STUDIOS LIMITED?

Ans. The market capitalisation of RECODE STUDIOS LIMITED is Rs 232.79 crore, positioning it within the micro-cap segment. The company operates in the Retailing sector. Its P/E ratio is 20.74x. ROE is 13.33% and ROCE is 14.5%.

What is the P/E ratio of RECODE STUDIOS LIMITED?

Ans. RECODE STUDIOS LIMITED has a P/E ratio of 20.74, which is above the industry median of 12.23. The company trades at a P/E ratio of 20.74x. Its P/B ratio is 4.12x.

How does RECODE STUDIOS LIMITED's ROE compare to the industry?

Ans. RECODE STUDIOS LIMITED's ROE is 13.33%, significantly higher than the industry median of 0.55%. ROE stands at 13.33%. ROCE stands at 14.5%. The relevant peer median ROE is 0.55%. The relevant peer median ROCE is 11.96%.

What is the sector of RECODE STUDIOS LIMITED?

Ans. RECODE STUDIOS LIMITED operates in the retailing sector, specifically within the e-commerce industry. The stock belongs to the Retailing sector. Its industry classification is e-Commerce. 9 comparable companies were included in the benchmark.

How does RECODE STUDIOS LIMITED's P/B ratio compare to the industry?

Ans. The P/B ratio of RECODE STUDIOS LIMITED is 4.12, slightly above the industry median of 3.43. The company trades at a P/E ratio of 20.74x. Its P/B ratio is 4.12x.