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MANIKA PLASTECH LIMITED (MANIKA): MANIKA Plastech Share Price Near 52-Week Low After 2.35% Drop

22 Sept 20269:57 am

MANIKA PLASTECH LIMITED (MANIKA): MANIKA Plastech Share Price Near 52-Week Low After 2.35% Drop
MANIKA PLASTECH LIMITED (MANIKA) share price is trading within 2% of its 52-week low of Rs 41.01 today and later stood at Rs 41.99, down 2.35% from the previous close. Market cap was Rs 501 crore.

MANIKA Share Price was under pressure in today’s session, with MANIKA Plastech Limited (MANIKA) trading at Rs 41.99, down 2.35% from the previous close of Rs 43. The move kept MANIKA Share Price close to its 52-week low and left the company’s market capitalisation at Rs 501 crore. For investors searching for MANIKA Share Price Today, MANIKA Stock News or why the stock is falling today, the supplied data confirms the price event but does not establish a company-specific catalyst.

The session matters because the stock opened at Rs 42.8, matched the day’s high at Rs 42.8 and touched a low of Rs 41.01, showing weakness from the outset. Turnover of Rs 0.25 crore suggests a cautious market tone in this move, while the near one-year low setup keeps MANIKA Share Price in focus for stock analysis, technical analysis and fundamental analysis. Univest is tracking the same event with a data-led view, not a prediction.

MANIKA Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 41.99
Previous Close Rs 43
Today's Move Rs -1.01 (-2.35%)
Open Rs 42.8
High Rs 42.8
Low Rs 41.01
Turnover Rs 0.25 crore
Market Capitalisation Rs 501 crore

MANIKA PLASTECH LIMITED (MANIKA) traded at Rs 41.99 versus the previous close of Rs 43, a fall of 2.35%. The stock opened at Rs 42.8, reached a high of Rs 42.8, touched a low of Rs 41.01.

MANIKA Share Price Today shows a clear downward session. The stock moved from the previous close of Rs 43 to Rs 41.99, a decline of Rs 1.01 or 2.35%. It opened at Rs 42.8, failed to hold above that level, and printed the same value as the day’s high before slipping to Rs 41.01. That pattern indicates that selling pressure was present early, and the stock stayed close to its lower intraday band.

With turnover at Rs 0.25 crore and market capitalisation at Rs 501 crore, the move is being watched as part of broader Stock Market Today and Share Market Today scans for Stocks in News and 52 Week Low Stocks. If MANIKA Share Price continues to trade near this zone, traders will keep the one-year low area and nearby support in view. The next section turns to valuation and business quality.

MANIKA Share Price near 52-week low and valuation snapshot

MANIKA PLASTECH LIMITED (MANIKA) Fundamental Analysis

Metric Value
Market Capitalisation Rs 501 crore
P/E Ratio 22.36x
P/B Ratio 3.3x
ROE 16.42%
ROCE 19.84%
EPS Rs 1.92
Book Value Per Share Rs 13.04
Dividend Yield 0%

MANIKA PLASTECH LIMITED (MANIKA) fundamental metrics show P/E 22.36x, P/B 3.3x, ROE 16.42%, ROCE 19.84%. These figures provide context only and are not a buy or sell signal.

MANIKA PLASTECH LIMITED has a market capitalisation of Rs 501 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 22.36x, P/B at 3.3x 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. Additional supplied metrics include EPS of Rs 1.92, book value per share of Rs 13.04, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 16.06x, 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 22.36x
Benchmark Median P/E 16.06x
Benchmark Average P/E 29.31x
Benchmark P/E Range 0x to 510.18x
Company P/B Ratio 3.3x
Benchmark Median P/B 1.65x
Company ROE 16.42%
Benchmark Median ROE 8.36%
Company ROCE 19.84%
Benchmark Median ROCE 11.43%
Company Market Capitalisation Rs 501 crore
Benchmark Median Market Cap Rs 117.94 crore

MANIKA PLASTECH LIMITED (MANIKA) is classified under sector: Plastic Products and industry: Plastic Products.

MANIKA PLASTECH LIMITED (MANIKA) has a P/E ratio of 22.36x, which is above the benchmark median of 16.06x, a difference of +39.23%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

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 falling to yearly lows through the Univest 52-week-low screener. The peer table below provides the company-level comparison.

Peer Comparison

Company Symbol Market Cap (Cr) P/E P/B ROE (%) ROCE (%)
TPL Plastech Ltd. TPLPLASTEH 517.24 16.87 2.9 18.37 22.93
Dhabriya Polywood Ltd. DHABRIYA 532.5 16.66 3.9 19.79 20.43
Nahar Poly Films Ltd. NAHARPOLY 555.93 7.59 0.63 8.07 10.69
Hitech Corporation Ltd. HITECHCORP 558.21 30.46 1.83 4.83 9.69
Shri Jagdamba Polymers Ltd. SHRJAGP 558.45 12.25 1.56 16.44 18.53

MANIKA PLASTECH LIMITED (MANIKA) has a P/E ratio of 22.36x compared with the displayed peer median of 16.66x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 16.42% compares with a peer median of 16.44% across the companies shown in the table. ROCE stood at 19.84% versus the displayed peer median of 18.53%, providing a capital-efficiency comparison. MANIKA PLASTECH LIMITED (MANIKA) has a market capitalisation of Rs 501 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

Why Investors Are Watching MANIKA

  • MANIKA Share Price is trading near its 52-week low, keeping price action in focus.
  • The day move of -2.35% shows continued weakness in MANIKA Share Price Today.
  • ROE of 16.42% and ROCE of 19.84% provide stronger return metrics than the industry median.
  • P/E of 22.36 and P/B of 3.3 place MANIKA above the median valuation band in its sector.
  • Market capitalisation of Rs 501 crore keeps MANIKA among small-cap Plastic Products names under active review.

About MANIKA Plastech Limited

MANIKA Plastech Limited operates in Plastic Products and is listed on both NSE and BSE. The company belongs to a sector where manufacturing, product mix and customer demand can shape stock performance over time. Based on the supplied financial data, MANIKA’s business is being evaluated through earnings, return ratios and valuation rather than any single day’s market move.

The company’s latest reported metrics show EPS of Rs 1.92, book value of Rs 13.04 and a dividend yield of 0. Its return profile includes ROE of 16.42% and ROCE of 19.84%, which are useful markers for fundamental analysis. For investors searching MANIKA Share Price, MANIKA Company News or MANIKA Stock News, the key point is that the company remains a small-cap participant in a sector where peer comparisons matter. Univest will continue to present these ratios in a format designed for quick stock analysis and market review.

Track MANIKA Share Price on Univest

Use MANIKA PLASTECH LIMITED (MANIKA) live share-price page, Univest 52-week-low screener, Univest market blogs to review live stock data, yearly-low lists and related market analysis.

Users can track MANIKA Share Price live on Univest along with technical indicators when available, fundamental ratios, shareholding pattern, 52-week levels and market insights. The platform is built to help readers follow MANIKA Share Price Today, MANIKA Share News and MANIKA Latest News in one place, with a clear focus on data and context.

For readers comparing MANIKA Stock Analysis with other 52 Week Low Stocks, Univest also groups valuation, sector context and peer benchmarks so the wider picture stays easy to review. That makes it simpler to monitor MANIKA Share Price without relying on speculation.

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 Univest (SEBI RA INH000013776).

Frequently Asked Questions

Why is MANIKA Share Price falling today?

Ans. MANIKA Share Price fell 2.35% to Rs 41.99 and stayed near its 52-week low. The supplied data confirms the price move, but it does not establish a company-specific catalyst behind the decline.

What is MANIKA Share Price Today?

Ans. MANIKA Share Price Today is Rs 41.99, compared with the previous close of Rs 43. The stock opened at Rs 42.8 and moved within a narrow intraday range before ending lower.

Is MANIKA near its 52-week low?

Ans. Yes, MANIKA Share Price is trading near its 52-week low. That is why it appears in Stocks at 52 Week Low screens and stays relevant for price action and market update trackers.

What does MANIKA market capitalisation show?

Ans. MANIKA’s market capitalisation is Rs 501 crore. That places it in the small-cap category and above the sector median market cap of Rs 117.94 crore, while still below the industry average.

How does MANIKA compare on valuation?

Ans. MANIKA trades at a P/E of 22.36 and a P/B of 3.3. Both are above the industry medians, so the stock looks richer than the middle of its peer group on these measures.

What do EPS and book value mean for MANIKA?

Ans. MANIKA’s EPS is Rs 1.92 and book value is Rs 13.04 per share. EPS reflects earnings attributable to each share, while book value shows the accounting net worth behind each share.

Does MANIKA pay a dividend?

Ans. The supplied dividend yield is 0, so there is no current dividend yield in the data set. Investors tracking MANIKA Share Price should therefore focus more on valuation and operating returns.

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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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