Manaksia Steels Limited
Share Price Target & Analysis

NSE:MANAKSTEEL

48.36

VWAP

43.6

Open

44.17

Close

51

High

43.6

Low

77.14

52 Week High

49.51
5.34 (12.09%)

MANAKSTEEL

(METALS)
18.9% Momentum

Turnaround Potential

43.05

52 Week Low

1.93

EPS

32.36

PE

1.02

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: MANAKSTEEL Share Price Financial Analysis & Valuation

Manaksia Steels Limited (MANAKSTEEL) is broadly categorized in METALS segment industry which deals in Steel - Large vertical. It is one of Micro Cap company with Market Capitalization of Rs 296.9 (in Cr). Total number of free float shares are 6.6 (in Lacs). Manaksia Steels Limited is listed on NSE with Exchange ID - INE824Q01011 and trading code is NSE:MANAKSTEEL with short name Manaksia Steels.

In the past 1 year, Manaksia Steels Limited has declared an equity dividend of Rs 0 per share. At the current share price of MANAKSTEEL at Rs 49.51, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:MANAKSTEEL, it is clearly understood that MANAKSTEEL is Economical performer in terms of earnings and profit margins with an EPS of 1.93. NSE:MANAKSTEEL book value per share as of today is 48.38. The current price to book ratio for MANAKSTEEL as of Apr 02, 2025 is 1.02.

Valuation of the Stock: The current valuation of MANAKSTEEL 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 MANAKSTEEL whether to BUY this stock at current valuation. The delivery percentage of MANAKSTEEL is 54.24% is very crucial parameter which shows that 54.24% investors are anticipating that the price of MANAKSTEEL share should go up with VWAP at 48.36.

Now, the main question is whether to BUY or SELL, NSE:MANAKSTEEL at current valuation.
As per latest Analysis No. #1621:-

STRONG BUY MANAKSTEEL if All Greens

BUY MANAKSTEEL (at Lower Levels) if any 2 Greens

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

SELL MANAKSTEEL if NO Green Indicator

NSE: MANAKSTEEL Share Price Today (Apr 02, 2025)

(Manaksia Steels Limited Daily Analysis on the basis of MANAKSTEEL Intraday Graph & Trend)

Manaksia Steels Limited share price moved Up by 12.09% from its previous close of Rs 44.17. MANAKSTEEL stock last traded price is 49.51. MANAKSTEEL share price trend is Up with a total of 104685 stocks traded till now. It has touched an intraday high of Rs 51 and an intraday low of Rs 43.6. The MANAKSTEEL trading at 49.51, Up by Rs. 5.34, or 12.09 percent which suggests that most of the Traders are anticipating that the price of MANAKSTEEL share should go Up.

NSE: MANAKSTEEL Share Price Tomorrow Prediction

(Manaksia Steels Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MANAKSTEEL)

Manaksia Steels Limited share price moved Up by 12.09%. MANAKSTEEL share price short term trend is Up. It suggests that MANAKSTEEL Share Price for Tomorrow remains the same with VWAP at 48.36 will be treated as stop loss for intraday traders. Manaksia Steels Limited Long term investors can follow the MANAKSTEEL long term trend as mentiond in future forecast table.

NSE Code

NSE: MANAKSTEEL

MANAKSTEEL Share Price Today

49.51

MANAKSTEEL Share Price Target Prediction for 2025 ^

45.1 - 63.8

MANAKSTEEL Share Price Target Prediction for 2026*^

63.8 - 82.6

MANAKSTEEL Share Price Target Prediction for 2027*^

82.6 - 88.4

MANAKSTEEL Share Price Target Prediction for 2028*^

93

MANAKSTEEL Share Price Target Prediction for 2029*^

96

MANAKSTEEL Share Price Target Prediction for 2030*^

104
MANAKSTEEL Current Book Value 2024
48.1

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

^MANAKSTEEL share price target prediction for 2025 2026 2027 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

MANAKSTEEL Technical Analysis

Candlestick Pattern: @51.07

MANAKSTEEL Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 51.79 SELL 51.91 SELL
MA_12 53.37 SELL 53.14 SELL
MA_20 54.3 SELL 54.09 SELL
MA_32 55.97 SELL 55.65 SELL
MA_50 57.68 SELL 56.97 SELL
MA_100 60.59 SELL 58.69 SELL
MA_200 59.48 SELL 59.17 SELL

MANAKSTEEL Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 54.3 Downtrend
MACD -0.15 SELL
ADX 14.23 NO or Weak Trend
DMI (+/-) 16.06 / 22.03 Downtrend

MANAKSTEEL Momentum Oscillators

BUY (0) NEUTRAL (9) SELL (3)
Momentum Oscillators Value Action
RSI 39.24 Neutral
STOCHASTIC_K (Fast) 34.26 Neutral
STOCHASTIC_D (Slow) 41.05 Neutral
CCI -95.17 Neutral
PSAR 57.19 SELL
TRUE RANGE 2.68 Neutral
ATR 3.43 Neutral
WILLIAMS R -84.94 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 31.52 Neutral
STOCHASTIC RSI D 60.19 Neutral
MOMENTUM -4.46 SELL

MANAKSTEEL Last 1 Year Trend

Duration Value
1 Year -35.03%
3 Months -16.28%
1 Month -8.03%
1 Week -0.68%

MANAKSTEEL Technical Analysis Summary

Updated on 2025-02-24
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 33%
SELL 67%

Most popular Questions & Answers about MANAKSTEEL


Manaksia Steels Limited stock last traded price is 49.51. MANAKSTEEL share price moved Up by 12.09% from its previous close of Rs 44.17.

Manaksia Steels Limited share price trend is Up with a total of 104685 stocks traded till now. It has touched an intraday high of Rs 77.9114 and an intraday low of Rs 43.6. The MANAKSTEEL trading at 49.51, Up by Rs. 5.34, or 12.09 percent which suggests that most of the Traders are anticipating that the price of MANAKSTEEL share should go Up and the Stop Loss will be around 48.36.

The market cap of Manaksia Steels Limited is ₹296.9 (in Cr) as of Apr 01, 2025.

The current price to earning ratio for Manaksia Steels Limited as of Apr 01, 2025 is 32.36.

The current price to book ratio for Manaksia Steels Limited as of Apr 01, 2025 is 1.02.

The highest price of Manaksia Steels Limited stock is ₹77.14 in the last 52-week.

The lowest price of Manaksia Steels Limited stock is ₹43.05 in the last 52-week.

Manaksia Steels Limited share trading at ₹49.51, Up by Rs. 5.34, or 12.09 percent which suggests that most of the traders are anticipating that the price of MANAKSTEEL share should go Up.

In 2023, Stock price target for Manaksia Steels Limited (MANAKSTEEL) are ₹45.1 on downside and ₹63.8 on upside. Manaksia Steels Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Manaksia Steels Limited (MANAKSTEEL) are ₹63.8 on downside and ₹82.6 on upside. Manaksia Steels Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Manaksia Steels Limited (MANAKSTEEL) are ₹82.6 on downside and ₹88.4 on upside. Manaksia Steels 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 Steels Limited (MANAKSTEEL) will be around ₹96 Manaksia Steels Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MANAKSTEEL.

The price of Manaksia Steels Limited (MANAKSTEEL) shares moved by 12.09%. The short-term trend for MANAKSTEEL share price is Up. It implies that the share price of MANAKSTEEL will stay the same tomorrow and that intraday traders should treat VWAP at 48.36 as a stop loss. Investors with a long-term outlook can track MANAKSTEEL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of MANAKSTEEL stock is 23.1. Compared to the current market price of 49.51 INR, the MANAKSTEEL stock is Overvalued by 53.3%.

As per the fundamental analysis of Manaksia Steels Limited (MANAKSTEEL), it is of Economical quality in terms of earnings and profit margins with an EPS of 1.93. Manaksia Steels Limited book value per share as of today is 48.38. The current price to book ratio for MANAKSTEEL as of Apr 02, 2025 is 1.02.


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


Peer Comparison of NSE: MANAKSTEEL

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

Sector: Steel - Large

Company Price EPS BV
JSWSTEEL 1060.00 19.62 319.83
SAIL 116.88 4.8 131.94
JSLHISAR 562.80 62.5 152.14
STEELXIND 8.18 0.34 5.61
MANAKSTEEL 49.51 1.93 48.38
VISASTEEL 31.68 0 -73.86
Updated at: 01 Apr 2025 15:59

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