
Midwest Gold (REMAGNET) Share Price Falls 10% as Small Cap Trades Lower
Updated: 12 Oct 2026 • 9:28 am
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Midwest Gold Share Price opened the session under pressure and was last traded at Rs 236.30, down 10% from the previous close of Rs 262.55. The company’s market capitalisation stood at Rs 3,405.85 crore, placing it in the Small Cap category. According to latest Univest figures, the move matters because this is the third consecutive session of decline, taking the cumulative fall to 27.09% from the streak start base of Rs 324.10. Midwest Gold Stock News therefore centres on a clear price event, while Midwest Gold Share Price Today also needs to be read alongside its valuation profile, sector benchmark and peer set. Univest figures confirm the price action, but they do not point to a specific company trigger.
Intraday, the stock moved between Rs 237.55 and Rs 250.05 before settling at the day’s low of Rs 236.30, showing that the decline was not to the close alone. The gap between the opening level and the final traded price was small, yet the stock still stayed well below the previous close throughout the session. For readers following Midwest Gold Share Price, that combination of a weak open, a brief intraday improvement and a low at the end of trade keeps the focus on continued price pressure rather than on a single sharp trigger.
Midwest Gold (REMAGNET) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 236.3 |
| Previous Close | Rs 262.55 |
| Today's Move | -Rs 26.25 (-10%) |
| Open | Rs 237.55 |
| High | Rs 250.05 |
| Low | Rs 236.3 |
| Market Capitalisation | Rs 3,405.85 crore |
| Market Cap Category | Small Cap |
Midwest Gold Share Price Today moved from an open of Rs 237.55 to a high of Rs 250.05 before touching a low of Rs 236.30, which also matched the last traded price. The stock finished the morning trade 26.25 points below the previous close, a 10% decline in a Small Cap company with a market capitalisation of Rs 3,405.85 crore. Because this is the third consecutive session, the fall should be read as part of an ongoing slide rather than a single-day event; the cumulative move from Rs 324.10 is already 27.09%. For readers tracking Midwest Gold Share Price Live, the key facts are the gap versus the previous close, the low at Rs 236.30 and the fact that the stock stayed below the opening level soon after trade began.
The session structure also matters for Midwest Gold Share Price because the stock did not reclaim the previous close at any stage shown in the data. A brief move to Rs 250.05 still left the stock well under the prior day’s finish, and the final quote at Rs 236.30 confirmed the weakness. In a market-cap bucket like Small Cap, such a move can draw added attention because daily swings may look larger relative to company size. Midwest Gold Share Price analysis now shifts to the balance sheet and valuation profile.
Midwest Gold (REMAGNET) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 3,405.85 crore |
| P/B Ratio | 8.66x |
| ROE | -5.83% |
| ROCE | -2.52% |
| EPS | Rs -0.81 |
| Book Value Per Share | Rs 30.32 |
| Dividend Yield | 0% |
Midwest Gold (REMAGNET) fundamental metrics show P/B 8.66x, ROE -5.83%, ROCE -2.52%. Taken on their own, these numbers offer context rather than a trading signal.
Midwest Gold has a market capitalisation of Rs 3,405.85 crore and falls in the Small Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/B at 8.66x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of -5.83% and ROCE of -2.52%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs -0.81, book value per share of Rs 30.32, 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 31.99x, median ROE of 2.46%, median ROCE of 4.14%. They set out the fundamental picture and are not a rating on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Construction Materials |
| Industry | Ceramics/Marble/Granite/Sanitaryware |
| Benchmark Scope | same industry |
| Benchmark Median P/E | 31.99x |
| Benchmark Average P/E | 51.79x |
| Benchmark P/E Range | 6.9x to 210.19x |
| Company P/B Ratio | 8.66x |
| Benchmark Median P/B | 1.32x |
| Benchmark Average P/B | 2.11x |
| Company ROE | -5.83% |
| Benchmark Median ROE | 2.46% |
| Benchmark Average ROE | 3.96% |
| Company ROCE | -2.52% |
| Benchmark Median ROCE | 4.14% |
| Benchmark Average ROCE | 4.14% |
| Company Market Capitalisation | Rs 3,405.85 crore |
| Benchmark Median Market Cap | Rs 93.25 crore |
| Benchmark Average Market Cap | Rs 1,352 crore |
Midwest Gold (REMAGNET) operates in the Construction Materials sector, within the Ceramics/Marble/Granite/Sanitaryware industry.
Midwest Gold (REMAGNET) has a ROE of -5.83%, which is below the benchmark median of 2.46%, a difference of -336.99%. Midwest Gold (REMAGNET) has a ROCE of -2.52%, which is below the benchmark median of 4.14%, a difference of -160.87%.
Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Kajaria Ceramics | KAJARIACER | 19,099.17 | 34.99 | 6.57 | 17.03 | 23.07 |
| Cera Sanitaryware | CERA | 6,446.13 | 31.76 | 4.26 | 14.51 | 19.41 |
| Midwest | MIDWESTLTD | 3,578.47 | 32.23 | 3.62 | 13.54 | 15.88 |
| VARMORA GRANITO | VARMORA | 3,048.9 | 49.13 | 2.76 | NA | NA |
| Somany Ceramics | SOMANYCERA | 2,423.24 | 22.78 | 2.81 | 9.31 | 14.43 |
Its ROE of -5.83% compares with a peer median of 14.02% across the companies shown in the table. ROCE stood at -2.52% versus the displayed peer median of 17.65%, providing a capital-efficiency comparison. Midwest Gold (REMAGNET) has a market capitalisation of Rs 3,405.85 crore. Among the 5 peers shown, 3 have a larger market capitalisation.
Why Investors Are Watching Midwest Gold
- Midwest Gold Share Price fell 10% to Rs 236.30, making today’s trade a clear price event.
- This is the third consecutive session of decline, and the cumulative fall from Rs 324.10 is 27.09%.
- The Small Cap market capitalisation of Rs 3,405.85 crore keeps the stock relevant in the Construction Materials space.
- Midwest Gold Fundamental Analysis shows negative ROE, negative ROCE and negative EPS.
- The P/B ratio of 8.66 is well above the industry median of 1.32, which keeps valuation in focus.
About Midwest Gold
Midwest Gold operates in the Construction Materials sector and the Ceramics/Marble/Granite/Sanitaryware industry. The company sits in a segment that includes building materials and decorative surface products, where pricing, product mix and operating execution matter to margins. Midwest Gold Share Price is therefore influenced by both market perception and company-specific financial quality. In the current profile, the business is best understood through its market capitalisation, valuation and return metrics rather than through any one-day headline. For readers following Midwest Gold Share Price Today, the company sits within a competitive peer group that includes Kajaria Ceramics, Cera Sanitaryware, Somany Ceramics, Pokarna and other listed names in the same industry.
Track Midwest Gold Share Price on Univest
Use Midwest Gold (REMAGNET) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
Track Midwest Gold Share Price on Univest for live share price updates, fundamental ratios, 52-week levels, market capitalisation and company insights. Univest also helps readers follow Midwest Gold Stock News, Midwest Gold Share Price Today and Midwest Gold Stock Analysis in one place, with a clear view of price action, valuation and sector context.
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 did Midwest Gold Share Price fall today?
Ans. Midwest Gold Share Price fell 10% to Rs 236.30 and the price event is confirmed. According to Univest data, no company-specific catalyst is established, so the focus remains on the move itself and the negative streak.
What is the current Midwest Gold Share Price?
Ans. Midwest Gold Share Price was last traded at Rs 236.30. That is Rs 26.25 below the previous close of Rs 262.55 and reflects a 10% decline during the current morning trade.
Is Midwest Gold a Small Cap company?
Ans. Yes. Midwest Gold Share Price is being tracked as a Small Cap name, with market capitalisation of Rs 3,405.85 crore. That size context matters when comparing it with peers in the same industry.
How does Midwest Gold Share Price compare with the sector valuation?
Ans. Midwest Gold Share Price sits on a P/B of 8.66, which is above the industry median of 1.32 and the average of 2.11. The premium valuation stands out more because returns remain negative.
What do the profitability metrics show for Midwest Gold ?
Ans. Midwest Gold Share Price is backed by weak profitability metrics in this set: ROE is -5.83%, ROCE is -2.52% and EPS is -0.81. Those figures keep fundamental scrutiny high. The relevant peer median ROE is 2.46%.
What does the book value indicate for Midwest Gold Share Price?
Ans. Book value is Rs 30.32 per share. Midwest Gold Share Price at Rs 236.30 is far above that accounting value, so the valuation depends more on future performance than book support.
Does Midwest Gold pay a dividend?
Ans. The dividend yield is 0. For Midwest Gold Share Price, that means there is no payout-based yield signal in the current figures, so investors are looking mainly at price, valuation and profitability.
How does Midwest Gold compare with its peers?
Ans. Midwest Gold Share Price has a P/E of 32.23, near Cera Sanitaryware and Kajaria Ceramics. Its P/B of 3.62 is higher than most named peers, while its negative returns lag stronger peer profitability.
What should investors monitor next in Midwest Gold Share Price?
Ans. Investors tracking Midwest Gold Share Price should watch whether the third consecutive session of decline stabilises, while also following valuation, ROE, ROCE and any fresh company-specific disclosure through Univest. The previous close was Rs 262.55.
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