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Menon Bearings Limited
Share Price Target & Analysis

NSE:MENONBE

119.3

VWAP

117

Open

118.79

Close

121

High

117

Low

158

52 Week High

118.98 ⇧
0.19 (0.16%)

MENONBE

(INDUSTRIAL MANUFACTURING)
21.8% Momentum

Turnaround Potential

108.1

52 Week Low

3.96

EPS

48.21

PE

4.56

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 118.98, this results in a dividend yield of 1.68 %.

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 3.96. NSE:MENONBE book value per share as of today is 26.11. The current price to book ratio for MENONBE as of Nov 23, 2024 is 4.56.

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 66.1% is very crucial parameter which shows that 66.1% investors are anticipating that the price of MENONBE share should go up with VWAP at 119.3.

Now, the main question is whether to BUY or SELL, NSE:MENONBE at current valuation.
As per latest Analysis No. #2285:-

⇑ 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 (Nov 23, 2024)

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

Menon Bearings Limited share price moved Up by 0.16% from its previous close of Rs 118.79. MENONBE stock last traded price is 118.98. MENONBE share price trend is Up with a total of 19596 stocks traded till now. It has touched an intraday high of Rs 121 and an intraday low of Rs 117. The MENONBE trading at 118.98, Up by Rs. 0.19, or 0.16 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 0.16%. MENONBE share price short term trend is Up. It suggests that MENONBE Share Price for Tomorrow remains the same with VWAP at 119.3 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

 118.98

MENONBE Share Price Target Prediction for 2024 ^

 113.3 - 141.2

MENONBE Share Price Target Prediction for 2025*^

 141.2 - 169.2

MENONBE Share Price Target Prediction for 2026*^

 169.2 - 181

MENONBE Share Price Target Prediction for 2027*^

 190

MENONBE Share Price Target Prediction for 2028*^

 196

MENONBE Share Price Target Prediction for 2030*^

 213
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: @121.81

MENONBE Moving Averages

BUY (1) NEUTRAL (0) SELL (13)
MA Simple Action S1 Expo Action E2
MA_5 124.87 SELL 123.39 SELL
MA_12 122.25 SELL 122.99 SELL
MA_20 121.61 BUY 122.97 SELL
MA_32 123.54 SELL 123.61 SELL
MA_50 124.74 SELL 124.43 SELL
MA_100 127.01 SELL 125.86 SELL
MA_200 127.9 SELL 127.49 SELL

MENONBE Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 121.61 Uptrend
MACD 0.53 BUY
ADX 16.79 NO or Weak Trend
DMI (+/-) 13.66 / 18.66 Downtrend

MENONBE Momentum Oscillators

BUY (1) NEUTRAL (7) SELL (4)
Momentum Oscillators Value Action
RSI 47.3 Neutral
STOCHASTIC_K (Fast) 9.31 Oversold
STOCHASTIC_D (Slow) 33.37 Neutral
CCI 14.79 Neutral
PSAR 120.97 BUY
TRUE RANGE 3.66 Neutral
ATR 4.56 Neutral
WILLIAMS R -43.69 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 8.38 Oversold
MOMENTUM -2.48 SELL

MENONBE Last 1 Year Trend

Duration Value
1 Year -8.52%
3 Months -4.95%
1 Month -2%
1 Week -3.28%

MENONBE Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 13%
NEUTRAL / HOLD 27%
SELL 60%

Most popular Questions & Answers about MENONBE


Menon Bearings Limited stock last traded price is 118.98. MENONBE share price moved Up by 0.16% from its previous close of Rs 118.79.

Menon Bearings Limited share price trend is Up with a total of 19596 stocks traded till now. It has touched an intraday high of Rs 159.58 and an intraday low of Rs 117. The MENONBE trading at 118.98, Up by Rs. 0.19, or 0.16 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 119.3.

The market cap of Menon Bearings Limited is ₹539.4 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Menon Bearings Limited as of Nov 22, 2024 is 48.21.

The current price to book ratio for Menon Bearings Limited as of Nov 22, 2024 is 4.56.

The highest price of Menon Bearings Limited stock is ₹158 in the last 52-week.

The lowest price of Menon Bearings Limited stock is ₹108.1 in the last 52-week.

Menon Bearings Limited share trading at ₹118.98, Up by Rs. 0.19, or 0.16 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 ₹141.2 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 ₹141.2 on downside and ₹169.2 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 ₹169.2 on downside and ₹181 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 ₹196 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.

The price of Menon Bearings Limited (MENONBE) shares moved by 0.16%. The short-term trend for MENONBE share price is Up. It implies that the share price of MENONBE will stay the same tomorrow and that intraday traders should treat VWAP at 119.3 as a stop loss. Investors with a long-term outlook can track MENONBE long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of MENONBE stock is 47.5. Compared to the current market price of 118.98 INR, the MENONBE stock is Overvalued by 60.1%.

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 3.96. Menon Bearings Limited book value per share as of today is 26.11. The current price to book ratio for MENONBE as of Nov 23, 2024 is 4.56.


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 3399.90 60.51 308.08
SKFINDIA 4675.25 113.35 542.67
TIMKEN 3298.65 52.54 321.36
NRBBEARING 281.55 24.47 87.34
MENONBE 118.98 3.96 26.11
NIBL 26.27 0 -41.4
Updated at: 22 Nov 2024 15:40

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