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MANIKA PLASTECH LIMITED (MANIKA) Share Price Rise Streak: MANIKA gains 8.96% in second straight session

7 Oct 2026 • 1:53 pm

MANIKA PLASTECH LIMITED (MANIKA) Share Price Rise Streak: MANIKA gains 8.96% in second straight session
MANIKA PLASTECH LIMITED (MANIKA) share price rose to Rs 55.82 today, up 8.96% from the previous close. Market cap was Rs 498.9 crore.

MANIKA PLASTECH LIMITED Share Price Rise Streak is in its second straight session, with MANIKA trading at Rs 55.82, up 8.96%, and market capitalisation at Rs 498.9 crore. According to latest Univest data, the pattern is confirmed, but no company-specific catalyst is established.

For readers tracking MANIKA PLASTECH LIMITED Share Price Rise Streak, the key point is that the move spans two qualifying sessions and now shows a 30.36% cumulative rise from the Rs 42.82 base. That makes the price action more than a one-day gain. It also keeps MANIKA PLASTECH LIMITED Share Price Rise Streak relevant for investors who want to separate a short run of strength from the broader business context.

MANIKA PLASTECH LIMITED Share Price Rise Streak: Consecutive Gain Analysis

At Rs 498.9 crore market capitalisation, MANIKA PLASTECH LIMITED Share Price Rise Streak places the stock in a context that matters for valuation, sector comparison and peer positioning. A second straight session of higher trading can draw attention, but the real question remains whether the latest price action is still consistent with the company’s fundamentals, sector benchmark and relative valuation.

MANIKA PLASTECH LIMITED (MANIKA) rose to Rs 55.82 from the previous close of Rs 51.23, a move of Rs 4.59 or 8.96%. The stock opened at Rs 53.56, reached a high of Rs 56.54, recorded a low of Rs 47.5.

MANIKA PLASTECH LIMITED Share Price Rise Streak is extending through a second straight session, and today’s trading has kept MANIKA higher by Rs 4.59, or 8.96%, to Rs 55.82. The stock opened at Rs 53.56, touched a high of Rs 56.54 and a low of Rs 47.50, so the latest traded price sat near the upper end of the intraday range. MANIKA PLASTECH LIMITED Share Price Rise Streak is therefore being built on a wider trading band rather than a narrow move.

The latest trade was above the previous close of Rs 51.23, and the market capitalisation stood at Rs 498.9 crore. That combination matters because MANIKA PLASTECH LIMITED Share Price Rise Streak is not just about the latest print; it is about how the second straight session compares with the first session in the run and how the stock is behaving relative to its own recent base. According to latest Univest data, the pattern is clear, while the confirmed reason is not. MANIKA PLASTECH LIMITED Share Price Rise Streak now shifts the discussion toward fundamentals.

What the Consecutive Gains Show

MANIKA PLASTECH LIMITED Share Price Rise Streak is now a second straight session, and the full two-session move shows a 30.36% cumulative rise from Rs 42.82. That is the main differentiator versus a single-day gain. The first session established the anchor, and the latest session shows that MANIKA is still trading above that earlier base. For a reader following MANIKA PLASTECH LIMITED Share Price Rise Streak, the useful takeaway is pattern confirmation rather than a one-off spike. According to latest Univest data, the streak is real, but the data does not establish a company-specific reason for it. The latest Univest figures therefore support observation, not a conclusion about cause.

MANIKA PLASTECH LIMITED (MANIKA) Fundamental Analysis

Metric Value
Market Capitalisation Rs 498.9 crore
P/E Ratio 26.64x
P/B Ratio 2.49x
ROE 16.42%
ROCE 19.84%
EPS Rs 1.92
Book Value Per Share Rs 20.61
Dividend Yield 0%

MANIKA PLASTECH LIMITED (MANIKA) fundamental metrics show P/E 26.64x, P/B 2.49x, ROE 16.42%, ROCE 19.84%. Read together, these ratios describe the company's position rather than a recommendation.

MANIKA PLASTECH LIMITED has a market capitalisation of Rs 498.9 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 26.64x, P/B at 2.49x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 16.42% and ROCE of 19.84%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 1.92, book value per share of Rs 20.61, dividend yield of 0%, 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 19.54x, median ROE of 8.36%, median ROCE of 11.43%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.

Sector and Industry Context

Metric Value
Sector Plastic Products
Industry Plastic Products
Benchmark Scope same industry
Company P/E Ratio 26.64x
Benchmark Median P/E 19.54x
Benchmark Average P/E 33.61x
Benchmark P/E Range 0.64x to 459.45x
Company P/B Ratio 2.49x
Benchmark Median P/B 1.62x
Company ROE 16.42%
Benchmark Median ROE 8.36%
Company ROCE 19.84%
Benchmark Median ROCE 11.43%
Company Market Capitalisation Rs 498.9 crore
Benchmark Median Market Cap Rs 109.15 crore

MANIKA PLASTECH LIMITED (MANIKA) operates in the Plastic Products sector, within the Plastic Products industry.

MANIKA PLASTECH LIMITED (MANIKA) has a P/E ratio of 26.64x, which is above the benchmark median of 19.54x, a difference of +36.34%. The P/E comparison frames valuation; it is not a signal to buy or sell.

MANIKA PLASTECH LIMITED (MANIKA) has a ROE of 16.42%, which is above the benchmark median of 8.36%, a difference of +96.41%. MANIKA PLASTECH LIMITED (MANIKA) has a ROCE of 19.84%, which is above the benchmark median of 11.43%, a difference of +73.58%.

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 (%)
Supreme Industries Ltd. SUPREMEIND 42,894.43 43.27 7.01 16.13 21.49
Astral Ltd. ASTRAL 36,536.42 65.49 9.02 13.94 19.95
Garware Hi-Tech Films Ltd. GRWRHITECH 15,628.55 42.6 5.92 13.45 18.08
Shaily Engineering Plastics Ltd. SHAILY 13,845.26 80.66 18.81 27.06 29.46
Kingfa Science & Technology (India) Ltd. KINGFA 9,394.9 41.63 6.35 17.41 23.41

MANIKA PLASTECH LIMITED (MANIKA) has a P/E ratio of 26.64x compared with the displayed peer median of 43.27x. Peer multiples give relative context only, not a buy or sell view. Its ROE of 16.42% compares with a peer median of 16.13% across the companies shown in the table. ROCE stood at 19.84% versus the displayed peer median of 21.49%, providing a capital-efficiency comparison. MANIKA PLASTECH LIMITED (MANIKA) has a market capitalisation of Rs 498.9 crore. All 5 peers shown have a larger market capitalisation.

Why Investors Are Watching MANIKA PLASTECH LIMITED

  • MANIKA PLASTECH LIMITED Share Price Rise Streak is now in a second straight session, with a 30.36% cumulative move from Rs 42.82.
  • The latest traded price of Rs 55.82 is above the previous close of Rs 51.23, keeping MANIKA in focus for price action.
  • MANIKA PLASTECH LIMITED Share Price Rise Streak is supported by ROE of 16.42% and ROCE of 19.84%, which help frame the valuation discussion.
  • The stock’s P/E of 26.64 and P/B of 2.49 can now be compared with the Plastic Products benchmark and peer group.
  • With market capitalisation at Rs 498.9 crore, MANIKA PLASTECH LIMITED Share Price Rise Streak remains a valuation-and-size story as much as a trading move.

About MANIKA PLASTECH LIMITED

MANIKA PLASTECH LIMITED operates in the Plastic Products sector and the Plastic Products industry. For readers following MANIKA PLASTECH LIMITED Share Price Rise Streak, the useful business context is that the company sits within a sector where valuation, returns and market size vary widely across listed names. Its reported financial context includes EPS of Rs 1.92, book value of Rs 20.61 and dividend yield of 0%, which help frame the current price movement. MANIKA PLASTECH LIMITED Share Price Rise Streak is therefore best interpreted through both market action and business quality indicators.

The company’s market capitalisation of Rs 498.9 crore places it above the sector median but well below many larger peers. That does not tell a reader whether the business is better or worse on its own; it simply gives scale. For MANIKA PLASTECH LIMITED Share Price Rise Streak, the business context matters because the price move has happened against an established operating and valuation base rather than from a fresh corporate event.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).

Frequently Asked Questions

Why is MANIKA PLASTECH LIMITED Share Price rising today?

Ans. MANIKA PLASTECH LIMITED Share Price Rise Streak is confirmed in a second straight session, but no company-specific catalyst is established. The stock is at Rs 55.82, up 8.96%, and the pattern is supported by latest Univest figures.

What is the latest MANIKA Share Price?

Ans. MANIKA Share Price is Rs 55.82 as of 07 October 2026 at 1:52:53 PM IST. It is trading Rs 4.59 higher than the previous close of Rs 51.23, keeping MANIKA PLASTECH LIMITED Share Price Rise Streak active.

How much has MANIKA PLASTECH LIMITED Share Price Rise Streak moved across the two sessions?

Ans. The cumulative move across the second straight session setup is 30.36%, based on a start price of Rs 42.82. That makes MANIKA PLASTECH LIMITED Share Price Rise Streak a pattern worth tracking rather than a single-day change.

What is MANIKA’s market capitalisation?

Ans. MANIKA’s market capitalisation is Rs 498.9 crore. In the Plastic Products industry, that places MANIKA above the benchmark median market capitalisation of Rs 109.15 crore, while still below the benchmark average.

How does MANIKA’s valuation look after the rise?

Ans. After MANIKA PLASTECH LIMITED Share Price Rise Streak, the stock trades at a P/E of 26.64 and a P/B of 2.49. Those multiples sit above the sector median but below the sector average, based on the same industry benchmark.

What do MANIKA’s ROE and ROCE show?

Ans. MANIKA’s ROE is 16.42% and ROCE is 19.84%. Both are above the Plastic Products benchmark median and average, which gives MANIKA PLASTECH LIMITED Share Price Rise Streak a stronger return profile than the industry midpoint.

What are MANIKA’s EPS and book value?

Ans. EPS is Rs 1.92 and book value is Rs 20.61. EPS shows earnings attributable to each share, while book value shows accounting net worth per share; both matter when reading MANIKA PLASTECH LIMITED Share Price Rise Streak.

How does MANIKA compare with peers on valuation?

Ans. MANIKA’s P/E of 26.64 is below Supreme Industries Ltd., Astral Ltd., Garware Hi-Tech Films Ltd., Shaily Engineering Plastics Ltd. and Kingfa Science & Technology, but above Finolex Industries Ltd. and Time Technoplast Ltd.

Track MANIKA Share Price on Univest

Use MANIKA PLASTECH LIMITED (MANIKA) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.

Track MANIKA PLASTECH LIMITED Share Price Rise Streak on Univest to follow the latest traded price, market capitalisation, P/E, P/B, ROE, ROCE, EPS, book value and sector context in one place. It also helps readers compare MANIKA with Plastic Products peers and benchmark ratios.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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