Manaksia Coated Metals & Industries Limited
Share Price Target & Analysis

NSE:MANAKCOAT

59.64

VWAP

59.75

Open

59.5

Close

60.25

High

57.55

Low

60.25

52 Week High

58.65
-0.85 (-1.43%)

MANAKCOAT

(METALS)
96.5% Momentum

Trending & Favourite

15.00

52 Week Low

1.57

EPS

61.52

PE

3.76

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: MANAKCOAT Share Price Financial Analysis & Valuation

Manaksia Coated Metals & Industries Limited (MANAKCOAT) is broadly categorized in METALS segment industry which deals in Steel - Medium & Small vertical. It is one of Micro Cap company with Market Capitalization of Rs 246.7 (in Cr). Total number of free float shares are 6.6 (in Lacs). Manaksia Coated Metals & Industries Limited is listed on NSE with Exchange ID - INE830Q01018 and trading code is NSE:MANAKCOAT with short name Manaksia Coated.

In the past 1 year, Manaksia Coated Metals & Industries Limited has declared an equity dividend of Rs 0 per share. At the current share price of MANAKCOAT at Rs 58.65, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:MANAKCOAT, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine MANAKCOAT underlying value and future prospects. All of this data is available in MANAKCOAT financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:MANAKCOAT, it is clearly understood that MANAKCOAT is Economical performer in terms of earnings and profit margins with an EPS of 1.57. NSE:MANAKCOAT book value per share as of today is 15.60. The current price to book ratio for MANAKCOAT as of May 18, 2024 is 3.76.

Valuation of the Stock: The current valuation of MANAKCOAT stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of MANAKCOAT whether to BUY this stock at current valuation. The delivery percentage of MANAKCOAT is 67.84% is very crucial parameter which shows that 67.84% investors are anticipating that the price of MANAKCOAT share should go up with VWAP at 59.64.

Now, the main question is whether to BUY or SELL, NSE:MANAKCOAT at current valuation.
As per latest Analysis No. #1814:-

STRONG BUY MANAKCOAT if All Greens

BUY MANAKCOAT (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD MANAKCOAT (With Stop Loss) if only 1 Green

SELL MANAKCOAT if NO Green Indicator

NSE: MANAKCOAT Share Price Today (May 18, 2024)

(Manaksia Coated Metals & Industries Limited Daily Analysis on the basis of MANAKCOAT Intraday Graph & Trend)

Manaksia Coated Metals & Industries Limited share price moved Down by -1.43% from its previous close of Rs 59.5. MANAKCOAT stock last traded price is 58.65. MANAKCOAT share price trend is Down with a total of 84211 stocks traded till now. It has touched an intraday high of Rs 60.25 and an intraday low of Rs 57.55. The MANAKCOAT trading at 58.65, Down by Rs. -0.85, or -1.43 percent which suggests that most of the Traders are anticipating that the price of MANAKCOAT share should go Down.

NSE: MANAKCOAT Share Price Tomorrow Prediction

(Manaksia Coated Metals & Industries Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MANAKCOAT)

Manaksia Coated Metals & Industries Limited share price moved Down by -1.43%. MANAKCOAT share price short term trend is Down. It suggests that MANAKCOAT Share Price for Tomorrow remains the same with VWAP at 59.64 will be treated as stop loss for intraday traders. Manaksia Coated Metals & Industries Limited Long term investors can follow the MANAKCOAT long term trend as mentiond in future forecast table.

NSE Code

NSE: MANAKCOAT

MANAKCOAT Share Price Today

58.65

MANAKCOAT Share Price Target Prediction for 2024 ^

36.3 - 60.5

MANAKCOAT Share Price Target Prediction for 2025*^

60.5 - 64.5

MANAKCOAT Share Price Target Prediction for 2026*^

64.5 - 69

MANAKCOAT Share Price Target Prediction for 2027*^

72

MANAKCOAT Share Price Target Prediction for 2028*^

75

MANAKCOAT Share Price Target Prediction for 2030*^

81
MANAKCOAT Current Book Value 2023
15.5

*Manaksia Coated Metals & Industries Limited Short Term & Long Term share price target is based on current financial year earings of the company.

^MANAKCOAT share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

MANAKCOAT Technical Analysis

Candlestick Pattern: @55.8

MANAKCOAT Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 53.85 BUY 54.1 BUY
MA_12 51.92 BUY 51.26 BUY
MA_20 48.52 BUY 48.77 BUY
MA_32 42.19 BUY 45.15 BUY
MA_50 39.76 BUY 42.51 BUY
MA_100 37.47 BUY 38.44 BUY
MA_200 29.37 BUY 31.94 BUY

MANAKCOAT Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 48.52 Uptrend
MACD 0.26 BUY
ADX 42.2 Strong Trend
DMI (+/-) 35.75 / 11.28 Uptrend

MANAKCOAT Momentum Oscillators

BUY (7) NEUTRAL (4) SELL (1)
Momentum Oscillators Value Action
RSI 75.15 Overbought
STOCHASTIC_K (Fast) 85.32 Overbought
STOCHASTIC_D (Slow) 77.44 Neutral
CCI 157.44 BUY
PSAR 51.4 BUY
TRUE RANGE 2.2 SELL
ATR 2.92 Neutral
WILLIAMS R -13.19 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 76.72 Neutral
MOMENTUM 21.2 BUY

MANAKCOAT Last 1 Year Trend

Duration Value
1 Year 268.32%
3 Months 56.08%
1 Month 61.27%
1 Week 9.3%

MANAKCOAT Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 83%
NEUTRAL / HOLD 13%
SELL 3%

Most popular Questions & Answers about MANAKCOAT


Manaksia Coated Metals & Industries Limited stock last traded price is 58.65. MANAKCOAT share price moved Down by -1.43% from its previous close of Rs 59.5.

Manaksia Coated Metals & Industries Limited share price trend is Down with a total of 84211 stocks traded till now. It has touched an intraday high of Rs 60.8525 and an intraday low of Rs 57.55. The MANAKCOAT trading at 58.65, Down by Rs. -0.85, or -1.43 percent which suggests that most of the Traders are anticipating that the price of MANAKCOAT share should go Down and the Stop Loss will be around 59.64.

The market cap of Manaksia Coated Metals & Industries Limited is ₹246.7 (in Cr) as of May 17, 2024.

The current price to earning ratio for Manaksia Coated Metals & Industries Limited as of May 17, 2024 is 61.52.

The current price to book ratio for Manaksia Coated Metals & Industries Limited as of May 17, 2024 is 3.76.

The highest price of Manaksia Coated Metals & Industries Limited stock is ₹60.25 in the last 52-week.

The lowest price of Manaksia Coated Metals & Industries Limited stock is ₹15.00 in the last 52-week.

Manaksia Coated Metals & Industries Limited share trading at ₹58.65, Down by Rs. -0.85, or -1.43 percent which suggests that most of the traders are anticipating that the price of MANAKCOAT share should go Down.

In 2023, Stock price target for Manaksia Coated Metals & Industries Limited (MANAKCOAT) are ₹36.3 on downside and ₹60.5 on upside. Manaksia Coated Metals & Industries Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Manaksia Coated Metals & Industries Limited (MANAKCOAT) are ₹60.5 on downside and ₹64.5 on upside. Manaksia Coated Metals & Industries Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Manaksia Coated Metals & Industries Limited (MANAKCOAT) are ₹64.5 on downside and ₹69 on upside. Manaksia Coated Metals & Industries Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Manaksia Coated Metals & Industries Limited (MANAKCOAT) will be around ₹75 Manaksia Coated Metals & Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MANAKCOAT.

As per the fundamental analysis of Manaksia Coated Metals & Industries Limited (MANAKCOAT), it is of Economical quality in terms of earnings and profit margins with an EPS of 1.57. Manaksia Coated Metals & Industries Limited book value per share as of today is 15.60. The current price to book ratio for MANAKCOAT as of May 18, 2024 is 3.76.


NSE:MANAKCOAT News & Other Useful Information about MANAKCOAT Share Price


Peer Comparison of NSE: MANAKCOAT

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Steel - Medium & Small

Company Price EPS BV
SBCL 523.35 12.97 32.49
JSL 706.50 30.73 166.38
INCREDIBLE 39.90 1.23 27.08
USHAMART 357.85 10.57 43.31
TIIL 2372.25 76.36 513.41
MUKANDLTD 163.05 7.17 65.49
LSIL 62.45 0.7 3.2
VSSL 318.50 11.26 78.91
RAMASTEEL 12.85 0.16 58.43
KAMDHENU 517.75 18.61 88.13
Updated at: 18 May 2024 12:45

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