
Modern Threads (India) Ltd. (MODTHREAD) Share Price Falls 14.92% as Micro Cap Stock Turns Top Decliner
Updated: 21 Aug 2026 • 9:26 am
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Modern Threads (India) Ltd. fell to Rs 46.01, down 14.92% today, taking its market capitalisation to Rs 188.06 crore and placing it among notable micro cap decliners.
Modern Threads (India) Ltd. Share Price fell to Rs 46.01 on 21 August 2026, down 14.92% from the previous close of Rs 54.08, taking the company’s market capitalisation to Rs 188.06 crore. That sharp same-day share price decline has pushed the stock into the spotlight in today’s Stock Market Today setup, especially because it has emerged as a top decliner within the micro cap space.
The supplied data confirms the price event clearly: the stock opened at Rs 46.01 and also traded at a day high of Rs 46.01 and a day low of Rs 46.01 at the captured time. In other words, the recorded session data shows a marked reset lower from the previous close rather than a broad intraday recovery. For traders following Modern Threads (India) Ltd. Share Price Today, that kind of early locked-in weakness is often one of the first things worth noting in a Price Action review.
The data does not establish a company-specific catalyst behind why the stock is falling today, but it does establish why it is trending in Modern Threads (India) Ltd. Stock News and broader Stocks in News screens. A 14.92% decline is substantial for a listed micro cap counter, and the fall has come alongside a total traded volume of 62 shares across exchanges. Univest notes that the key metrics investors will likely monitor next are whether the stock stabilises after this drop, how its valuation compares with textile-spinning peers, and whether its profitability ratios justify continued attention despite the day’s weak momentum.
Modern Threads (India) Ltd. (MODTHREAD) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 46.01 |
| Previous Close | Rs 54.08 |
| Today's Change | Rs -8.07 (-14.92%) |
| Day Open | Rs 46.01 |
| Day High | Rs 46.01 |
| Day Low | Rs 46.01 |
| Current Volume (BSE) | 20 |
| BSE Traded Volume | 20 |
| NSE Traded Volume | 42 |
| Combined NSE + BSE Volume | 62 |
| Turnover | Rs 0 crore |
| Market Capitalisation | Rs 188.06 crore |
| Market Cap Category | Micro Cap |
Modern Threads (India) Ltd. (MODTHREAD) traded at Rs 46.01. versus the previous close of Rs 54.08, a fall of 14.92%. The stock opened at Rs 46.01, reached Rs 46.01, touched Rs 46.01. Reported volume was 20.
Modern Threads (India) Ltd. (MODTHREAD) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 188.06 crore |
| P/E Ratio | 10.03x |
| P/B Ratio | 1.24x |
| ROE | 0% |
| ROCE | 5.53% |
| EPS | Rs 5.39 |
| Dividend Yield | 0% |
Modern Threads (India) Ltd. was valued at a P/E ratio of 10.03x, a P/B ratio of 1.24x. 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 0% and ROCE of 5.53%. 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 5.39, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.
Modern Threads (India) Ltd. Fundamental Analysis shows a micro cap company with a market capitalisation of Rs 188.06 crore and a price-to-earnings ratio of 10.03. That P/E places the stock below the same-industry median P/E of 13.16 and well below the same-industry average of 32.48. On valuation alone, the stock is not trading at the richer end of the textile-spinning range captured in the benchmark data.
The price-to-book ratio stands at 1.24. Compared with the same industry benchmark, that is above the median P/B of 0.73 but below the average P/B of 1.54. This places Modern Threads (India) Ltd. Share Price in a middle zone on book-value valuation rather than an extreme one. EPS is Rs 5.39, which provides a direct earnings-per-share reference for the current quoted price. Dividend yield is 0, indicating that the current data set does not show a historical payout yield at the present price level.
On profitability, the company’s ROE is 0, while ROCE is 5.53. These are important numbers because they challenge any simplistic reading of the valuation multiples. A stock can look moderate on P/E and still face scrutiny if returns on equity and capital employed remain subdued. In this case, the ROCE of 5.53 is below the same-industry median ROCE of 8.49 and also far below the average ROCE of 25.96. ROE at 0 is below both the benchmark median ROE of 2.28 and average ROE of 5.71.
That combination creates a mixed fundamental picture. Modern Threads (India) Ltd. Share Price does not screen as expensive on P/E relative to many peers, but the supplied profitability ratios do not yet point to strong efficiency. For readers following Modern Threads (India) Ltd. Financial Results, Modern Threads (India) Ltd. Earnings or wider stock analysis, the core takeaway is that valuation looks more restrained than sector extremes, while return ratios remain modest. That balance matters when assessing whether a sharp one-day decline is purely price action or a move the market may continue to examine through business quality and capital efficiency.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Textile |
| Industry | Textile – Spinning |
| Benchmark Scope | same industry |
| Company P/E Ratio | 10.03x |
| Benchmark Median P/E | 13.16x |
| Benchmark Average P/E | 32.48x |
| Benchmark P/E Range | 1.31x to 328.59x |
| Company P/B Ratio | 1.24x |
| Benchmark Median P/B | 0.73x |
| Company ROE | 0% |
| Benchmark Median ROE | 2.28% |
| Company ROCE | 5.53% |
| Benchmark Median ROCE | 8.49% |
| Company Market Capitalisation | Rs 188.06 crore |
| Benchmark Median Market Cap | Rs 61.05 crore |
Modern Threads (India) Ltd. (MODTHREAD) is classified under sector: Textile and industry: Textile – Spinning.
Modern Threads (India) Ltd. (MODTHREAD) has a P/E ratio of 10.03x, which is below the benchmark median of 13.16x, a difference of -23.78%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Modern Threads (India) Ltd. (MODTHREAD) has a ROE of 0%, which is below the benchmark median of 2.28%, a difference of -100%. Modern Threads (India) Ltd. (MODTHREAD) has a ROCE of 5.53%, which is below the benchmark median of 8.49%, a difference of -34.86%.
Track today's top decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.
The stock sits in the Textile sector and the Textile – Spinning industry, so the most relevant benchmark is the same-industry snapshot covering 67 companies. That industry frame matters because it shows whether Modern Threads (India) Ltd. Share Price is trading at a premium or discount to comparable businesses on valuation and return metrics.
Within that benchmark set, the company’s P/E is 10.03 against a median of 13.16, an average of 32.48, a minimum of 1.31 and a maximum of 328.59, based on 44 companies with available P/E data. This suggests the stock is valued below the median industry earnings multiple and far below the broader average, even though the average itself is influenced by some very high readings in the group.
Its P/B ratio of 1.24 compares with a benchmark median of 0.73 and an average of 1.54 across 67 companies. That places the stock above the industry median on book valuation, but still below the group average. On profitability, company ROE is 0 against a median of 2.28 and average of 5.71, while company ROCE is 5.53 against a median of 8.49 and average of 25.96. Those figures indicate that return metrics are below the central tendency of the industry sample.
Market-cap context also adds perspective. The company’s market capitalisation of Rs 188.06 crore is above the benchmark median of Rs 61.05 crore but below the industry average of Rs 202.54 crore. The full benchmark range runs from Rs 3.01 crore to Rs 1,370.37 crore. So while this is a micro cap counter, it is not among the tiniest names in the same-industry set.
For Univest readers, the sector message is straightforward: Modern Threads (India) Ltd. Share Price is not priced like a highly expensive outlier on earnings, but it also does not currently stand out on ROE or ROCE against the same industry benchmark. That gap between moderate valuation and softer returns helps explain why today’s share price decline deserves a closer look.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Pashupati Cotspin Ltd. | PASHUPATI | 1,370.37 | 87.91 | 8.03 | 6.3 | 8.81 |
| GHCL Textiles Ltd. | GHCLTEXTIL | 1,185.74 | 12.33 | 0.77 | -32.82 | -32.82 |
| Nahar Spinning Mills Ltd. | NAHARSPING | 1,058.88 | 13.98 | 0.67 | 4.82 | 6.62 |
| Ambika Cotton Mills Ltd. | AMBIKCO | 944.48 | 11.61 | 0.96 | 12.69 | 17.06 |
| Sumeet Industries Ltd. | SUMEETINDS | 887.89 | 33.83 | 2.42 | 0 | -1.66 |
Modern Threads (India) Ltd. (MODTHREAD) has a P/E ratio of 10.03x compared with the displayed peer median of 13.98x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 0% compares with a peer median of 4.82% across the companies shown in the table. ROCE stood at 5.53% versus the displayed peer median of 6.62%, providing a capital-efficiency comparison. Modern Threads (India) Ltd. (MODTHREAD) has a market capitalisation of Rs 188.06 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
This peer comparison uses listed companies from the same Textile – Spinning industry to place the stock’s current valuation and profitability in context. The comparison is especially useful because Modern Threads (India) Ltd. Share Price is being judged today not just by the fall itself, but by where it sits versus other textile names on P/E, P/B, ROE, ROCE and market capitalisation.
At Rs 188.06 crore in market capitalisation, the company is smaller than every named peer in the supplied set, including Nahar Industrial Enterprises Ltd. at Rs 508.96 crore and Rajapalayam Mills Ltd. at Rs 754.63 crore. On scale alone, it sits below the larger end of this peer universe. That matters because smaller companies can often see sharper percentage swings with thinner trading activity.
On valuation, the company’s P/E of 10.03 is lower than Pashupati Cotspin Ltd. at 87.91, Sumeet Industries Ltd. at 33.83, Precot Ltd. at 16.64, CIL Nova Petrochemicals Ltd. at 14.95, Nahar Spinning Mills Ltd. at 13.98, GHCL Textiles Ltd. at 12.33 and Ambika Cotton Mills Ltd. at 11.61. It is, however, above Rajapalayam Mills Ltd. at 6.18 and Nahar Industrial Enterprises Ltd. at 7.05. That places it toward the lower half of the peer valuation spectrum on earnings.
The picture is less favourable on returns. ROCE at 5.53 is below Ambika Cotton Mills at 17.06, Precot at 22.32, CIL Nova Petrochemicals at 14.68, Nahar Spinning Mills at 6.62 and Pashupati Cotspin at 8.81, though it is above Sumeet Industries at -1.66, GHCL Textiles at -32.82, Nahar Industrial Enterprises at 3.13 and Rajapalayam Mills at 3.73. ROE at 0 trails Ambika Cotton Mills at 12.69, Precot at 26.83 and several others, while matching Sumeet Industries at 0.
From a stock analysis perspective, Modern Threads (India) Ltd. Share Price looks relatively moderate on P/E but not especially strong on profitability compared with better-performing peers in the same line of business. Univest therefore sees the peer set as supportive of investor attention, but mainly because it sharpens the contrast between valuation and returns rather than resolving it.
Why Investors Are Watching Modern Threads (India) Ltd.
Investors are watching the stock because the session has produced a large one-day decline in a micro cap textile-spinning company, and the move is significant enough to place it among today’s visible top decliners. For anyone scanning Modern Threads (India) Ltd. Latest News, the combination of a 14.92% fall and a relatively modest valuation multiple makes the stock worth monitoring closely.
- Price action: the stock fell Rs 8.07 from Rs 54.08 to Rs 46.01, a 14.92% share price decline.
- Trading setup: the recorded open, high and low were all Rs 46.01, showing compressed early price action after the fall.
- Valuation: P/E at 10.03 is below the same-industry median of 13.16.
- Profitability: ROE is 0 and ROCE is 5.53, both below industry medians.
- Sector position: market capitalisation of Rs 188.06 crore is above the industry median but below the average.
What investors may monitor next is whether Modern Threads (India) Ltd. Share Price stabilises after entering today’s Top Losers Today basket, and whether future company updates improve the balance between moderate valuation and weak return ratios. Univest also sees peer-relative profitability and ongoing liquidity characteristics as two practical data points to track.
About Modern Threads (India) Ltd.
Modern Threads (India) Ltd. operates in the Textile sector and is classified under the Textile – Spinning industry. That places the company within a manufacturing segment where investors frequently compare businesses on earnings multiples, book-value valuation and capital efficiency rather than on pure scale alone.
Based on the verified classification used in this article, the company is part of an industry benchmark containing 67 companies. This matters because it situates Modern Threads (India) Ltd. Company News within a broad listed universe that ranges from companies with market capitalisation as low as Rs 3.01 crore to as high as Rs 1,370.37 crore. At Rs 188.06 crore, the company sits above the median industry size but below the average, indicating that it is a meaningful but still small participant in listed textile-spinning terms.
For readers approaching Modern Threads (India) Ltd. Stock Analysis through sector context, the business should be understood first as a textile-spinning company whose listed-market profile is currently defined by moderate earnings valuation and softer profitability ratios. That is why today’s price fall is being watched closely. In the Indian Stock Market, smaller manufacturing names can move sharply on limited turnover, so business category, sector positioning and peer-relative financial ratios become central to the analysis. Univest uses those verified reference points to frame the stock without stretching beyond the supplied data.
Track Modern Threads (India) Ltd. Share Price on Univest
Use Modern Threads (India) Ltd. (MODTHREAD) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners lists and related market analysis.
Investors following Modern Threads (India) Ltd. Share Price can use Univest to track live share price movements, daily stock performance, market capitalisation, valuation ratios and broader market insights in one place. The platform is also useful for checking metrics such as P/E Ratio, P/B Ratio, ROE, ROCE, EPS, dividend yield and 52 Week levels when available.
For users who regularly monitor Stocks Falling Today, Bearish Stocks or sector-specific market news, Univest helps place a move like this in context by combining price action with fundamentals and peer comparison. That makes it easier to follow Modern Threads (India) Ltd. Share Price Today alongside the company’s standing within the Textile – Spinning industry, without turning a single-day move into a forecast.
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
What is the latest Modern Threads (India) Ltd. Share Price today?
Ans. The latest recorded Modern Threads (India) Ltd. Share Price is Rs 46.01 on 21 August 2026. At that level, the stock was down 14.92% for the day from the previous close of Rs 54.08.
Why is Modern Threads (India) Ltd. falling today?
Ans. The supplied data confirms that the stock fell 14.92% in the session and became a notable micro cap decliner. However, the data set does not identify a company-specific catalyst behind the share price decline.
How much did Modern Threads (India) Ltd. decline in today’s trade?
Ans. Modern Threads (India) Ltd. declined by Rs 8.07 in absolute terms and by 14.92% in percentage terms. The stock moved from a previous close of Rs 54.08 to Rs 46.01 in today’s session.
What does today’s intraday price action show for the stock?
Ans. The recorded day open, day high and day low were all Rs 46.01. That indicates the stock was captured at a sharply lower level versus the previous close, with no recorded recovery in the supplied snapshot.
What is the market capitalisation of Modern Threads (India) Ltd.?
Ans. The company’s market capitalisation is Rs 188.06 crore. That places it in the Micro Cap category and above the same-industry median market capitalisation of Rs 61.05 crore, though still below the benchmark average of Rs 202.54 crore.
Is Modern Threads (India) Ltd. expensive based on P/E ratio?
Ans. The stock trades at a P/E of 10.03. This is below the same-industry median of 13.16 and well below the average of 32.48, so its earnings valuation is lower than much of the benchmark sample.
What does the P/B ratio say about the stock?
Ans. Modern Threads (India) Ltd. has a P/B ratio of 1.24. That is above the same-industry median P/B of 0.73 but below the benchmark average of 1.54, placing the stock in a middle range on book valuation.
How profitable is Modern Threads (India) Ltd. compared with industry benchmarks?
Ans. The company’s ROE is 0 and ROCE is 5.53. Both figures are below the same-industry medians of 2.28 for ROE and 8.49 for ROCE, indicating softer profitability than the benchmark midpoint.
What are the EPS and dividend yield of Modern Threads (India) Ltd.?
Ans. The stock’s EPS is Rs 5.39, which gives a direct earnings reference for the current quoted price. Dividend yield is 0 in the supplied data, so the present snapshot shows no historical yield contribution.
How does Modern Threads (India) Ltd. compare with textile-spinning peers?
Ans. The company is smaller than all listed peers cited in the supplied set and its P/E of 10.03 is below several peers. However, its ROE of 0 and ROCE of 5.53 remain modest versus stronger operators.
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