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Menon Bearings Limited
Share Price Target & Analysis

NSE:MENONBE

129.82

VWAP

128.65

Open

128.65

Close

130.30

High

128.65

Low

166.40

52 Week High

130.10 ⇧
1.45 (1.13%)

MENONBE

(INDUSTRIAL MANUFACTURING)
37.7% Momentum

Turnaround Potential

108.10

52 Week Low

4.58

EPS

66.63

PE

4.98

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: MENONBE Share Price Financial Analysis & Valuation

Menon Bearings Limited (MENONBE) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Bearings vertical. It is one of Micro Cap company with Market Capitalization of Rs 539.4 (in Cr). Total number of free float shares are 5.6 (in Lacs). Menon Bearings Limited is listed on NSE with Exchange ID - INE071D01033 and trading code is NSE:MENONBE with short name Menon Bearings.

In the past 1 year, Menon Bearings Limited has declared an equity dividend of Rs 2 per share. At the current share price of MENONBE at Rs 130.10, this results in a dividend yield of 1.54 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:MENONBE, it is clearly understood that MENONBE is Economical performer in terms of earnings and profit margins with an EPS of 4.58. NSE:MENONBE book value per share as of today is 26.12. The current price to book ratio for MENONBE as of May 18, 2024 is 4.98.

Valuation of the Stock: The current valuation of MENONBE 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 MENONBE whether to BUY this stock at current valuation. The delivery percentage of MENONBE is 43.98% is very crucial parameter which shows that 43.98% investors are anticipating that the price of MENONBE share should go up with VWAP at 129.82.

Now, the main question is whether to BUY or SELL, NSE:MENONBE at current valuation.
As per latest Analysis No. #1983:-

⇑ STRONG BUY MENONBE if All Greens

⇗ BUY MENONBE (at Lower Levels) if any 2 Greens

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

⇘ SELL MENONBE if NO Green Indicator

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

(Menon Bearings Limited Daily Analysis on the basis of MENONBE Intraday Graph & Trend)

Menon Bearings Limited share price moved Up by 1.13% from its previous close of Rs 128.65. MENONBE stock last traded price is 130.10. MENONBE share price trend is Up with a total of 6316 stocks traded till now. It has touched an intraday high of Rs 130.30 and an intraday low of Rs 128.65. The MENONBE trading at 130.10, Up by Rs. 1.45, or 1.13 percent which suggests that most of the Traders are anticipating that the price of MENONBE share should go Up.

NSE: MENONBE Share Price Tomorrow Prediction

(Menon Bearings Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MENONBE)

Menon Bearings Limited share price moved Up by 1.13%. MENONBE share price short term trend is Up. It suggests that MENONBE Share Price for Tomorrow remains the same with VWAP at 129.82 will be treated as stop loss for intraday traders. Menon Bearings Limited Long term investors can follow the MENONBE long term trend as mentiond in future forecast table.

NSE Code

NSE: MENONBE

MENONBE Share Price Today

 130.10

MENONBE Share Price Target Prediction for 2024 ^

 113.3 - 145.7

MENONBE Share Price Target Prediction for 2025*^

 145.7 - 178.1

MENONBE Share Price Target Prediction for 2026*^

 178.1 - 190.6

MENONBE Share Price Target Prediction for 2027*^

 200

MENONBE Share Price Target Prediction for 2028*^

 206

MENONBE Share Price Target Prediction for 2030*^

 224
MENONBE Current Book Value 2023
26

*Menon Bearings Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^MENONBE 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.

MENONBE Technical Analysis

Candlestick Pattern: @121.05

MENONBE Moving Averages

BUY (1) NEUTRAL (0) SELL (13)
MA Simple Action S1 Expo Action E2
MA_5 120.45 BUY 121.36 SELL
MA_12 125.67 SELL 124.08 SELL
MA_20 126.61 SELL 124.91 SELL
MA_32 125.29 SELL 125.62 SELL
MA_50 124.05 SELL 126.57 SELL
MA_100 130.38 SELL 129.02 SELL
MA_200 136.43 SELL 130.08 SELL

MENONBE Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 126.61 Downtrend
MACD -1.21 SELL
ADX 18.44 NO or Weak Trend
DMI (+/-) 13.48 / 25.4 Downtrend

MENONBE Momentum Oscillators

BUY (1) NEUTRAL (7) SELL (4)
Momentum Oscillators Value Action
RSI 40.84 Neutral
STOCHASTIC_K (Fast) 40.74 Neutral
STOCHASTIC_D (Slow) 28.61 Neutral
CCI -92.15 Neutral
PSAR 130.41 SELL
TRUE RANGE 2.5 SELL
ATR 4.46 SELL
WILLIAMS R -71.55 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 37.53 Neutral
MOMENTUM -7.6 SELL

MENONBE Last 1 Year Trend

Duration Value
1 Year -7.88%
3 Months -17.99%
1 Month -5.91%
1 Week -4.83%

MENONBE Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 27%
SELL 67%

Most popular Questions & Answers about MENONBE


Menon Bearings Limited stock last traded price is 130.10. MENONBE share price moved Up by 1.13% from its previous close of Rs 128.65.

Menon Bearings Limited share price trend is Up with a total of 6316 stocks traded till now. It has touched an intraday high of Rs 168.064 and an intraday low of Rs 128.65. The MENONBE trading at 130.10, Up by Rs. 1.45, or 1.13 percent which suggests that most of the Traders are anticipating that the price of MENONBE share should go Up and the Stop Loss will be around 129.82.

The market cap of Menon Bearings Limited is ₹539.4 (in Cr) as of May 17, 2024.

The current price to earning ratio for Menon Bearings Limited as of May 17, 2024 is 66.63.

The current price to book ratio for Menon Bearings Limited as of May 17, 2024 is 4.98.

The highest price of Menon Bearings Limited stock is ₹166.40 in the last 52-week.

The lowest price of Menon Bearings Limited stock is ₹108.10 in the last 52-week.

Menon Bearings Limited share trading at ₹130.10, Up by Rs. 1.45, or 1.13 percent which suggests that most of the traders are anticipating that the price of MENONBE share should go Up.

In 2023, Stock price target for Menon Bearings Limited (MENONBE) are ₹113.3 on downside and ₹145.7 on upside. Menon Bearings Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Menon Bearings Limited (MENONBE) are ₹145.7 on downside and ₹178.1 on upside. Menon Bearings Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Menon Bearings Limited (MENONBE) are ₹178.1 on downside and ₹190.6 on upside. Menon Bearings 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 Menon Bearings Limited (MENONBE) will be around ₹206 Menon Bearings Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MENONBE.

As per the fundamental analysis of Menon Bearings Limited (MENONBE), it is of Economical quality in terms of earnings and profit margins with an EPS of 4.58. Menon Bearings Limited book value per share as of today is 26.12. The current price to book ratio for MENONBE as of May 18, 2024 is 4.98.


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


Peer Comparison of NSE: MENONBE

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

Sector: Bearings

Company Price EPS BV
SCHAEFFLER 4311.65 58.69 308.08
SKFINDIA 6142.95 111.6 542.67
TIMKEN 4215.40 52.13 321.36
NRBBEARING 318.40 25.59 66.22
MENONBE 130.10 4.58 26.12
NIBL 36.20 0 -5.58
Updated at: 18 May 2024 09:59

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