Manaksia Coated Metals & Industries Limited
Share Price Target & Analysis

NSE:MANAKCOAT

63.54

VWAP

64.4

Open

63.52

Close

64.85

High

61.95

Low

73.8

52 Week High

62.58
-0.94 (-1.48%)

MANAKCOAT

(METALS)
75.5% Momentum

Trending & Favourite

28

52 Week Low

2

EPS

31.06

PE

3.13

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 62.58, 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 2. NSE:MANAKCOAT book value per share as of today is 19.98. The current price to book ratio for MANAKCOAT as of Nov 23, 2024 is 3.13.

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 68.07% is very crucial parameter which shows that 68.07% investors are anticipating that the price of MANAKCOAT share should go up with VWAP at 63.54.

Now, the main question is whether to BUY or SELL, NSE:MANAKCOAT at current valuation.
As per latest Analysis No. #2750:-

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 (Nov 23, 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 -1.48% from its previous close of Rs 63.52. MANAKCOAT stock last traded price is 62.58. MANAKCOAT share price trend is Down with a total of 172855 stocks traded till now. It has touched an intraday high of Rs 64.85 and an intraday low of Rs 61.95. The MANAKCOAT trading at 62.58, Down by Rs. -0.94, or -1.48 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 -1.48%. MANAKCOAT share price short term trend is Down. It suggests that MANAKCOAT Share Price for Tomorrow remains the same with VWAP at 63.54 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

62.58

MANAKCOAT Share Price Target Prediction for 2024 ^

49 - 74.2

MANAKCOAT Share Price Target Prediction for 2025*^

74.2 - 79

MANAKCOAT Share Price Target Prediction for 2026*^

79 - 84.5

MANAKCOAT Share Price Target Prediction for 2027*^

89

MANAKCOAT Share Price Target Prediction for 2028*^

91

MANAKCOAT Share Price Target Prediction for 2030*^

100
MANAKCOAT Current Book Value 2023
19.9

*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: @60.48

MANAKCOAT Moving Averages

BUY (3) NEUTRAL (0) SELL (11)
MA Simple Action S1 Expo Action E2
MA_5 60.96 SELL 60.41 BUY
MA_12 60.89 SELL 60.96 SELL
MA_20 60.56 SELL 61.42 SELL
MA_32 63.21 SELL 62.27 SELL
MA_50 64.3 SELL 62.73 SELL
MA_100 63.75 SELL 61.93 SELL
MA_200 54.48 BUY 54.66 BUY

MANAKCOAT Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 60.56 Downtrend
MACD 0.09 BUY
ADX 13.78 NO or Weak Trend
DMI (+/-) 14.45 / 20 Downtrend

MANAKCOAT Momentum Oscillators

BUY (0) NEUTRAL (8) SELL (4)
Momentum Oscillators Value Action
RSI 46.48 Neutral
STOCHASTIC_K (Fast) 28.26 Neutral
STOCHASTIC_D (Slow) 17.51 Oversold
CCI -46.87 Neutral
PSAR 65.65 SELL
TRUE RANGE 2.64 Neutral
ATR 3.47 Neutral
WILLIAMS R -60.04 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 35.82 Neutral
STOCHASTIC RSI D 11.94 Oversold
MOMENTUM -0.96 SELL

MANAKCOAT Last 1 Year Trend

Duration Value
1 Year 140%
3 Months 0.8%
1 Month -1.56%
1 Week -4.02%

MANAKCOAT Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 13%
NEUTRAL / HOLD 30%
SELL 57%

Most popular Questions & Answers about MANAKCOAT


Manaksia Coated Metals & Industries Limited stock last traded price is 62.58. MANAKCOAT share price moved Down by -1.48% from its previous close of Rs 63.52.

Manaksia Coated Metals & Industries Limited share price trend is Down with a total of 172855 stocks traded till now. It has touched an intraday high of Rs 74.538 and an intraday low of Rs 61.95. The MANAKCOAT trading at 62.58, Down by Rs. -0.94, or -1.48 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 63.54.

The market cap of Manaksia Coated Metals & Industries Limited is ₹246.7 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Manaksia Coated Metals & Industries Limited as of Nov 22, 2024 is 31.06.

The current price to book ratio for Manaksia Coated Metals & Industries Limited as of Nov 22, 2024 is 3.13.

The highest price of Manaksia Coated Metals & Industries Limited stock is ₹73.8 in the last 52-week.

The lowest price of Manaksia Coated Metals & Industries Limited stock is ₹28 in the last 52-week.

Manaksia Coated Metals & Industries Limited share trading at ₹62.58, Down by Rs. -0.94, or -1.48 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 ₹49 on downside and ₹74.2 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 ₹74.2 on downside and ₹79 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 ₹79 on downside and ₹84.5 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 ₹91 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.

The price of Manaksia Coated Metals & Industries Limited (MANAKCOAT) shares moved by -1.48%. The short-term trend for MANAKCOAT share price is Down. It implies that the share price of MANAKCOAT will stay the same tomorrow and that intraday traders should treat VWAP at 63.54 as a stop loss. Investors with a long-term outlook can track MANAKCOAT long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of MANAKCOAT stock is 24. Compared to the current market price of 62.58 INR, the MANAKCOAT stock is Overvalued by 61.6%.

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 2. Manaksia Coated Metals & Industries Limited book value per share as of today is 19.98. The current price to book ratio for MANAKCOAT as of Nov 23, 2024 is 3.13.


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 567.35 13.33 56.93
JSL 671.55 29.43 166.26
INCREDIBLE 51.62 1.65 28.36
USHAMART 392.90 9.83 43.31
TIIL 2496.10 90.34 594.02
MUKANDLTD 131.08 6.84 65.49
LSIL 65.98 0.84 3.55
VSSL 262.45 13.07 88.27
RAMASTEEL 11.97 0.12 1.88
KAMDHENU 462.75 21.35 85.87
Updated at: 22 Nov 2024 15:55

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