Mahickra Chemicals Ltd. (MAHICKRA) Share Price Rises 11.30% to Rs 294.95: Price Action and Fundamentals

The Mahickra Chemicals Ltd. share price rose 11.30% to Rs 294.95 on 29 October 2026, a gain of Rs 29.95 from the previous close of Rs 265.00, as of 12:52 PM IST. At that level the company has a market capitalisation of Rs 254.17 crore. Univest figures confirm the price action, but they do not point to a specific company trigger.

This Mahickra Chemicals Ltd. stock analysis covers the session’s price action, the fundamentals behind the stock, its position against a Chemicals industry benchmark of 179 companies and a comparison with five listed peers. Readers following the stock can monitor how the price moves relative to today’s range of Rs 265.00 to Rs 294.95, how the valuation multiples compare with the industry, and what the next set of Univest figures show.

Mahickra Chemicals Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 294.95
Previous Close	Rs 265
Today's Move	Rs 29.95 (+11.3%)
Open	Rs 265
High	Rs 294.95
Low	Rs 265
Market Capitalisation	Rs 254.17 crore
Market Cap Category	Micro Cap

Mahickra Chemicals Ltd. (MAHICKRA) rose to Rs 294.95 from the previous close of Rs 265, a move of Rs 29.95 or 11.3%. The stock opened at Rs 265, reached a high of Rs 294.95, recorded a low of Rs 265.

Mahickra Chemicals Ltd. share price today was Rs 294.95, up Rs 29.95 or 11.30% from the previous close of Rs 265.00. The stock opened at Rs 265.00, touched a low of Rs 265.00 and reached a high of Rs 294.95 as of 29 October 2026 at 12:52:53 PM IST.

The stock opened at the same level as the previous close, and the day’s low of Rs 265.00 is also that level, which means the stock has not traded below its opening price at any point today. From that level the price rose Rs 29.95 to the latest traded price of Rs 294.95, which is also the day high.

The day’s range therefore runs from Rs 265.00 to Rs 294.95, and the latest traded price sits at the top of it. Market capitalisation stood at Rs 254.17 crore at the latest traded price. These Mahickra Chemicals Ltd. stock performance figures describe the price move on its own, and the fundamentals that sit behind the price are covered in the next section.

Mahickra Chemicals Ltd. (MAHICKRA) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 254.17 crore
P/E Ratio	50.25x
P/B Ratio	3.88x
ROE	10.06%
ROCE	12.7%
EPS	Rs 5.27
Book Value Per Share	Rs 68.35
Dividend Yield	0.06%

Mahickra Chemicals Ltd. (MAHICKRA) fundamental metrics show P/E 50.25x, P/B 3.88x, ROE 10.06%, ROCE 12.7%. Taken on their own, these numbers offer context rather than a trading signal.

Mahickra Chemicals Ltd. has a market capitalisation of Rs 254.17 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 50.25x, P/B at 3.88x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 10.06% and ROCE of 12.7%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 5.27, book value per share of Rs 68.35, dividend yield of 0.06%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 24.02x, median ROE of 8.22%, median ROCE of 10.64%. They set out the fundamental picture and are not a rating on the stock.

Sector and Industry Context

Metric	Value
Sector	Chemicals
Industry	Chemicals
Benchmark Scope	same industry
Company P/E Ratio	50.25x
Benchmark Median P/E	24.02x
Benchmark Average P/E	47.5x
Benchmark P/E Range	4.32x to 778.32x
Company P/B Ratio	3.88x
Benchmark Median P/B	1.73x
Company ROE	10.06%
Benchmark Median ROE	8.22%
Company ROCE	12.7%
Benchmark Median ROCE	10.64%
Company Market Capitalisation	Rs 254.17 crore
Benchmark Median Market Cap	Rs 445.68 crore

Mahickra Chemicals Ltd. (MAHICKRA) operates in the Chemicals sector, within the Chemicals industry.

Mahickra Chemicals Ltd. (MAHICKRA) has a P/E ratio of 50.25x, which is above the benchmark median of 24.02x, a difference of +109.2%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Mahickra Chemicals Ltd. (MAHICKRA) has a ROE of 10.06%, which is above the benchmark median of 8.22%, a difference of +22.38%. Mahickra Chemicals Ltd. (MAHICKRA) has a ROCE of 12.7%, which is above the benchmark median of 10.64%, a difference of +19.36%.

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

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Solar Industries India Ltd.	SOLARINDS	1,72,836.01	87.25	25.05	32.49	38.16
Pidilite Industries Ltd.	PIDILITIND	1,47,881.41	52.82	12.26	24.29	32.38
SRF Ltd.	SRF	69,264.11	30.5	4.55	13.8	14.21
Gujarat Fluorochemicals Ltd.	FLUOROCHEM	46,510.49	76.06	5.83	7.65	9.58
Navin Fluorine International Ltd.	NAVINFLUOR	42,405.13	55.25	10.39	20.24	21.39

Mahickra Chemicals Ltd. (MAHICKRA) has a P/E ratio of 50.25x compared with the displayed peer median of 55.25x. The comparison is relative and should not be read as a recommendation. Its ROE of 10.06% compares with a peer median of 20.24% across the companies shown in the table. ROCE stood at 12.7% versus the displayed peer median of 21.39%, providing a capital-efficiency comparison. Mahickra Chemicals Ltd. (MAHICKRA) has a market capitalisation of Rs 254.17 crore. All 5 peers shown have a larger market capitalisation.

Why Investors Are Watching Mahickra Chemicals

• The share price rose 11.30% to Rs 294.95, a gain of Rs 29.95 from the previous close of Rs 265.00.
• The day’s range of Rs 265.00 to Rs 294.95 shows the latest traded price equal to the day high and the day low equal to the open.
• The P/E ratio of 50.25 compares with an industry median of 24.02 and a peer range of 30.50 to 87.25.
• The P/B ratio of 3.88 is above the industry median of 1.73, while ROE of 10.06% and ROCE of 12.70% are above the industry medians.
• Market capitalisation of Rs 254.17 crore sits below the industry median of Rs 445.68 crore in a benchmark of 179 companies.

About Mahickra Chemicals

Mahickra Chemicals Ltd. is listed under the symbol MAHICKRA and operates in the Chemicals sector, within the Chemicals industry. That industry is the benchmark used throughout this article, covering 179 companies, so the sector and peer figures describe the group in which the stock is placed. The company’s market capitalisation of Rs 254.17 crore places it below the industry median of Rs 445.68 crore.

Frequently Asked Questions

What is the Mahickra Chemicals Ltd. share price today?

Ans. The Mahickra Chemicals Ltd. share price was Rs 294.95 at 12:52 PM IST on 29 October 2026, up Rs 29.95 from the previous close of Rs 265.00, which is also the day high for the stock.

How much has the Mahickra Chemicals Ltd. share price risen today?

Ans. The Mahickra Chemicals Ltd. share price has risen 11.30% today, a gain of Rs 29.95 from the previous close of Rs 265.00 to the latest traded price of Rs 294.95 as of 12:52 PM IST.

Why is the Mahickra Chemicals Ltd. share price rising today?

Ans. Univest figures confirm the price action, but they do not point to a specific company trigger. The latest figures show a rise of 11.30% to Rs 294.95, but they do not explain its cause.

What is the market capitalisation of Mahickra Chemicals Ltd.?

Ans. The market capitalisation of Mahickra Chemicals Ltd. is Rs 254.17 crore at the latest traded price of Rs 294.95. Market capitalisation indicates company size and does not measure the quality of the business.

What is the P/E ratio of Mahickra Chemicals Ltd.?

Ans. The P/E ratio of Mahickra Chemicals Ltd. is 50.25, against a same-industry benchmark median of 24.02 and an average of 47.50. Earnings per share are Rs 5.27, and the P/B ratio is 3.88.

What are the ROE and ROCE of Mahickra Chemicals Ltd.?

Ans. Return on equity is 10.06% and return on capital employed is 12.70%. The Chemicals benchmark medians are 8.22% for ROE and 10.64% for ROCE, so both company ratios are above the medians.

Which sector and industry does Mahickra Chemicals Ltd. belong to?

Ans. Mahickra Chemicals Ltd. belongs to the Chemicals sector and the Chemicals industry. The benchmark used for comparison covers 179 companies in the same industry, with a P/E median of 24.02.

What were the day high and day low for the Mahickra Chemicals Ltd. share price?

Ans. The stock opened at Rs 265.00, which was also the day low, and reached a day high of Rs 294.95. The latest traded price of Rs 294.95 is equal to the day high.

Track Mahickra Chemicals Share Price on Univest

Use Mahickra Chemicals Ltd. (MAHICKRA) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.

Readers can track the live Mahickra Chemicals Ltd. share price on Univest, along with fundamental ratios, 52-week levels and market insights for the stock and its Chemicals peers. Univest also lets users follow how the stock compares with the industry benchmark from one session to the next, so the price rise can be monitored as the day develops.