
Modern Threads (India) Ltd. (MODTHREAD): Modern Threads (India) Share Price Rises 12.59% as Micro Cap Stock Clears Threshold
Updated: 20 Aug 2026 • 11:06 am
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Modern Threads (India) Share Price Today rose to Rs 59.9, up 12.59%, taking market capitalisation to Rs 185 crore and placing the stock among today’s notable micro-cap gainers.
Modern Threads (India) Share Price moved to Rs 59.9 on 20 August 2026, up Rs 6.7 or 12.59% from the previous close of Rs 53.2, lifting the company’s market capitalisation to Rs 185 crore.
For investors tracking Modern Threads (India) Share Price Today, the significance is straightforward: the stock opened at Rs 53.2, traded as high as Rs 61.7, did not fall below Rs 53.2 during the session, and remained well above the prior close as trading developed. That kind of intraday profile often puts a stock on Top Gainers Today screens, even when the supplied data does not establish a company-specific catalyst.
The verified figures show the event clearly, but they do not establish why the stock is rising today beyond the market action itself. What the data does confirm is that Modern Threads (India) Stock News is being driven by a measurable share price gain, supported by combined traded volume of 40,537 shares across exchanges and turnover of Rs 0.02 crore. Univest notes that investors are likely to focus next on whether the move holds above the opening zone, how valuation compares with the Textile – Spinning benchmark, and whether profitability metrics justify sustained attention.
Modern Threads (India) Ltd. (MODTHREAD) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 59.9 |
| Previous Close | Rs 53.2 |
| Today's Change | +Rs 6.7 (+12.59%) |
| Day Open | Rs 53.2 |
| Day High | Rs 61.7 |
| Day Low | Rs 53.2 |
| Current Volume (BSE) | 2,615 |
| BSE Traded Volume | 2,615 |
| NSE Traded Volume | 37,922 |
| Combined NSE + BSE Volume | 40,537 |
| Turnover | Rs 0.02 crore |
| Market Capitalisation | Rs 185 crore |
| Market Cap Category | Micro Cap |
Modern Threads (India) Ltd. (MODTHREAD) traded at Rs 59.9. versus the previous close of Rs 53.2, a rise of 12.59%. The stock opened at Rs 53.2, reached Rs 61.7, touched Rs 53.2. Reported volume was 2,615.
Modern Threads (India) Ltd. (MODTHREAD) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 185 crore |
| P/E Ratio | 9.86x |
| P/B Ratio | 1.22x |
| ROE | 0% |
| ROCE | 5.53% |
| EPS | Rs 5.39 |
| Dividend Yield | 0% |
Modern Threads (India) Ltd. was valued at a P/E ratio of 9.86x, a P/B ratio of 1.22x. 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) Fundamental Analysis starts with size and valuation. The company’s market capitalisation stands at Rs 185 crore, placing it in the micro-cap segment of the Indian stock market. Its price-to-earnings ratio is 9.86 and its price-to-book ratio is 1.22. On the face of it, that puts the stock below the industry median P/E of 13.39 and far below the industry average P/E of 32.47 within the supplied same-industry benchmark set, while its P/B sits above the industry median of 0.73 but below the average of 1.52.
For investors scanning Modern Threads (India) Share Price and valuation together, the earnings multiple is one of the more supportive figures in the dataset. An EPS of 5.39 means the stock is trading at a multiple of earnings that is not stretched relative to many listed peers in Textile – Spinning. At the same time, the market is assigning 1.22 times book value to the company. That book-linked valuation is neither the lowest nor the highest within the benchmark range, but it is above the sector median, which suggests the market is not pricing the company as a deep discount asset.
Profitability metrics are more mixed. ROE is 0, while ROCE is 5.53. That means the company’s return on shareholder equity is currently muted, and its return on capital employed is positive but below the industry median ROCE of 8.49 and well below the industry average ROCE of 25.96. In other words, the valuation looks moderate on P/E, but the return profile does not yet point to standout operating efficiency compared with the wider peer set.
Modern Threads (India) Share Price Today also needs to be viewed alongside shareholder payout data. Dividend yield is 0, which means the stock is not currently offering a historical yield cushion through the supplied dataset. That places even more emphasis on earnings, capital efficiency and business execution when investors conduct Modern Threads (India) Stock Analysis.
Univest’s reading of the numbers is that the fundamentals provide context rather than a decisive conclusion. The stock is not expensive on the supplied P/E, but profitability ratios remain subdued, which is why the valuation discussion needs to be weighed against industry and peer comparisons before drawing stronger conclusions.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Textile |
| Industry | Textile – Spinning |
| Benchmark Scope | same industry |
| Company P/E Ratio | 9.86x |
| Benchmark Median P/E | 13.39x |
| Benchmark Average P/E | 32.47x |
| Benchmark P/E Range | 1.27x to 328.59x |
| Company P/B Ratio | 1.22x |
| 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 185 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 9.86x, which is below the benchmark median of 13.39x, a difference of -26.36%. 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 gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.
Modern Threads (India) Share Price is best understood in the context of its Textile sector and Textile – Spinning industry. The supplied benchmark covers the same industry and includes 67 companies, allowing a direct comparison of valuation, profitability and market-cap positioning rather than a broad market-level generalisation.
Within this benchmark, Modern Threads (India) has a company P/E of 9.86 versus a median P/E of 13.39 and an average P/E of 32.47 across 44 companies with P/E data. The industry P/E range runs from 1.27 to 328.59. That places the stock below both the median and average valuation on earnings, which is relevant when the market is reassessing the share price after today’s rise. Its company P/B of 1.22 compares with a median P/B of 0.73 and an average of 1.52 across 67 companies, against a benchmark range from -10.51 to 33.79. So the stock trades at a book multiple above the median but still below the benchmark average.
Profitability tells a less aggressive story. Company ROE is 0 against a median ROE of 2.28 and an average of 5.71 for the same 67-company benchmark. Company ROCE is 5.53, below the median of 8.49 and far below the average of 25.96. These figures suggest that while the valuation is not demanding on P/E, the return metrics are not yet leading the industry.
Market-cap context is also useful for Modern Threads (India) Share Price News. At Rs 185 crore, the company stands above the industry median market cap of Rs 61.05 crore but below the benchmark average of Rs 203.5 crore. The overall benchmark spans from Rs 3.01 crore to Rs 1,345.59 crore. Univest therefore sees the stock as a smaller listed player within its industry, but not among the very smallest names in the benchmark universe.
That combination matters: a below-median P/E, a mid-range P/B, and below-benchmark return ratios create a mixed sector picture. The share price rise is clear, but the industry comparison suggests investors will continue to weigh value against operating quality.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Pashupati Cotspin Ltd. | PASHUPATI | 1,345.59 | 87.56 | 8 | 6.3 | 8.81 |
| GHCL Textiles Ltd. | GHCLTEXTIL | 1,207.73 | 12.55 | 0.78 | -32.82 | -32.82 |
| Nahar Spinning Mills Ltd. | NAHARSPING | 1,078.71 | 14.24 | 0.68 | 4.82 | 6.62 |
| Ambika Cotton Mills Ltd. | AMBIKCO | 940.88 | 11.57 | 0.96 | 12.69 | 17.06 |
| Sumeet Industries Ltd. | SUMEETINDS | 934.44 | 32.24 | 2.31 | 0 | -1.66 |
Modern Threads (India) Ltd. (MODTHREAD) has a P/E ratio of 9.86x compared with the displayed peer median of 14.24x. 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 185 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Modern Threads (India) Share Price can also be framed against listed Textile – Spinning peers. On market capitalisation, the company at Rs 185 crore is materially smaller than the supplied peer set, where names such as Pashupati Cotspin Ltd. stand at Rs 1,345.59 crore, GHCL Textiles Ltd. at Rs 1,207.73 crore, Nahar Spinning Mills Ltd. at Rs 1,078.71 crore, Ambika Cotton Mills Ltd. at Rs 940.88 crore and Sumeet Industries Ltd. at Rs 934.44 crore. Even Precot Ltd. at Rs 889.38 crore, Rajapalayam Mills Ltd. at Rs 778.05 crore, CIL Nova Petrochemicals Ltd. at Rs 762.46 crore, Sutlej Textiles And Industries Ltd. at Rs 625.83 crore and Nahar Industrial Enterprises Ltd. at Rs 514.36 crore are all larger.
On valuation, Modern Threads (India) trades at 9.86 times earnings. That is below Pashupati Cotspin’s 87.56, GHCL Textiles’ 12.55, Nahar Spinning Mills’ 14.24, Ambika Cotton Mills’ 11.57, Sumeet Industries’ 32.24, Precot’s 16.93, CIL Nova Petrochemicals’ 14.23 and above Rajapalayam Mills’ 6.1 and Nahar Industrial Enterprises’ 7.05. Sutlej Textiles does not have a supplied P/E in the dataset used here.
The P/B comparison also adds texture. Modern Threads at 1.22 times book sits below Pashupati Cotspin’s 8, Sumeet Industries’ 2.31, Precot’s 1.71 and CIL Nova Petrochemicals’ 5.46, but above GHCL Textiles’ 0.78, Nahar Spinning’s 0.68, Ambika Cotton’s 0.96, Rajapalayam’s 0.31, Sutlej Textiles’ 0.76 and Nahar Industrial’s 0.48.
Profitability is where the peer picture becomes tougher. Modern Threads shows ROE of 0 and ROCE of 5.53. That is below Ambika Cotton’s ROE of 12.69 and ROCE of 17.06, Precot’s 26.83 and 22.32, Pashupati Cotspin’s 6.3 and 8.81, Nahar Spinning’s 4.82 and 6.62, CIL Nova Petrochemicals’ 12.79 and 14.68, and Sutlej Textiles’ 14.62 and 14.63. It is ahead of Sumeet Industries on ROCE, which is -1.66, and ahead of GHCL Textiles on both ROE and ROCE, each at -32.82. Rajapalayam Mills posts ROE of 0.94 and ROCE of 3.73, while Nahar Industrial shows ROE of -1.18 and ROCE of 3.13. Univest therefore sees the stock as reasonably valued on earnings against several peers, but not yet a leader on return ratios.
Why Investors Are Watching Modern Threads (India)
Modern Threads (India) Stock News is drawing attention because today’s move was large enough to clear the stock’s market-cap-specific threshold and place it in the day’s active gainers list. The combination of a 12.59% share price rise, an intraday high of Rs 61.7 and cross-exchange volume has made the counter relevant for both short-term price trackers and investors reviewing micro-cap Textile names.
- Verified price action: Modern Threads (India) Share Price rose from Rs 53.2 to Rs 59.9, with the day low matching the open at Rs 53.2 and the day high reaching Rs 61.7.
- Volume participation: Total traded volume was 40,537 shares, including 2,615 shares on BSE and 37,922 shares on NSE, with turnover of Rs 0.02 crore.
- Valuation context: The stock trades at a P/E of 9.86 and P/B of 1.22, placing it below the industry median P/E but above the industry median P/B.
- Profitability context: ROE is 0 and ROCE is 5.53, which keeps financial quality under scrutiny even after the price rise.
- Sector positioning: The company operates in Textile – Spinning, where the benchmark covers 67 companies and provides a broad listed comparison set.
What investors may monitor next is whether Modern Threads (India) Share Price holds a meaningful portion of today’s gain, how the stock behaves relative to the Rs 53.2 opening base and Rs 61.7 intraday high, and whether valuation support remains attractive against industry profitability metrics. Univest also notes that the supplied RSI stands at 44.85, which places momentum in a broadly neutral range rather than an elevated one.
About Modern Threads (India)
Modern Threads (India) Ltd. is classified within the Textile sector and specifically in the Textile – Spinning industry. That places the company in a part of the Indian stock market where listed peers are typically assessed through earnings multiples, book-value multiples and capital-efficiency ratios because operating conditions can vary significantly across yarn, spinning and textile-linked businesses.
From a market-positioning perspective, Modern Threads (India) is a micro-cap company with a market capitalisation of Rs 185 crore. Within the same-industry benchmark of 67 companies, that puts it above the median market cap of Rs 61.05 crore but below the average market cap of Rs 203.5 crore. This suggests that the company is not among the largest listed names in its segment, but it is also not at the extreme lower end of the benchmark range.
For investors reading Modern Threads (India) Latest News and Modern Threads (India) Company News, the practical takeaway is that the stock sits in a listed industry where peer dispersion is wide. The benchmark valuation range, profitability spread and market-cap variation all show that Textile – Spinning names can trade on very different financial profiles. That is why a move in Modern Threads (India) Share Price Today can attract attention even without a separately confirmed company-specific trigger: the sector offers room for both valuation re-rating and scrutiny of return metrics.
Univest uses this context to frame the stock not as a generic textile name, but as a micro-cap company whose market relevance can change quickly when price action and industry-relative valuation begin to move together.
Track Modern Threads (India) Share Price on Univest
Use Modern Threads (India) Ltd. (MODTHREAD) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.
Investors following Modern Threads (India) Share Price can use Univest to monitor live share price moves, day change, market capitalisation, 52-week levels, technical indicators, valuation ratios and shareholding pattern when available. For stocks that appear in Top Gainers Today and Stocks in News screens, a structured view helps separate raw price movement from deeper stock analysis.
On Univest, users can track Modern Threads (India) Share Price Today alongside metrics such as P/E Ratio, P/B Ratio, ROE, ROCE, EPS, dividend yield, sector positioning and peer comparison. That makes it easier to place a single-day move in context with broader Stock Performance, Financial Analysis and Market News without turning the update into a recommendation.
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) Share Price Today?
Ans. Modern Threads (India) Share Price Today stood at Rs 59.9 on 20 August 2026. The stock rose Rs 6.7 from the previous close of Rs 53.2, translating into a single-session gain of 12.59%.
Why is Modern Threads (India) rising today?
Ans. The supplied data confirms that the stock rose 12. However, the verified figures establish the move itself, not a separate company-specific catalyst.
What were the day high, day low and opening levels?
Ans. The stock opened at Rs 53.2, which was also the day low, and climbed to an intraday high of Rs 61.7. It later closed at Rs 59.9, remaining well above the opening level.
What is the market capitalisation of Modern Threads (India)?
Ans. Modern Threads (India) had a market capitalisation of Rs 185 crore in the supplied session data. That places it in the Micro Cap category and above the industry median market cap of Rs 61.05 crore.
Is Modern Threads (India) expensive compared with its industry on P/E?
Ans. The stock trades at a P/E of 9.86, which is below the same-industry median of 13.39 and also below the average of 32.47. On earnings valuation alone, it does not appear stretched versus the benchmark.
How does Modern Threads (India) compare on price-to-book value?
Ans. Modern Threads (India) has a P/B ratio of 1.22. That is above the same-industry median P/B of 0.73 but below the industry average of 1.52, placing the stock in a middle valuation band.
What do the profitability ratios show for Modern Threads (India)?
Ans. The supplied profitability metrics show ROE of 0 and ROCE of 5.53. Compared with the industry medians of 2.28 for ROE and 8.49 for ROCE, those figures indicate a relatively modest return profile.
What are the EPS and dividend yield of Modern Threads (India)?
Ans. The supplied data shows EPS of 5.39 and dividend yield of 0 for Modern Threads (India). That means the stock currently reflects reported earnings per share, but no historical yield support appears in this dataset.
Which industry does Modern Threads (India) belong to?
Ans. Modern Threads (India) operates in the Textile sector and the Textile – Spinning industry. The supplied same-industry benchmark covers 67 companies, which helps investors compare valuation, profitability and market-cap positioning directly.
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