Manaksia Coated Metals & Industries Limited
Share Price Target & Analysis

NSE:MANAKCOAT

55.91

VWAP

57.00

Open

54.8

Close

57.00

High

55.00

Low

57.00

52 Week High

56.25
1.45 (2.65%)

MANAKCOAT

(METALS)
98.2% Momentum

Trending & Favourite

15.00

52 Week Low

1.57

EPS

59.18

PE

3.61

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 56.25, 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 15, 2024 is 3.61.

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 55.91.

Now, the main question is whether to BUY or SELL, NSE:MANAKCOAT at current valuation.
As per latest Analysis No. #1780:-

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 15, 2024)

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

Manaksia Coated Metals & Industries Limited share price moved Up by 2.65% from its previous close of Rs 54.8. MANAKCOAT stock last traded price is 56.25. MANAKCOAT share price trend is Up with a total of 21936 stocks traded till now. It has touched an intraday high of Rs 57.00 and an intraday low of Rs 55.00. The MANAKCOAT trading at 56.25, Up by Rs. 1.45, or 2.65 percent which suggests that most of the Traders are anticipating that the price of MANAKCOAT share should go Up.

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 Up by 2.65%. MANAKCOAT share price short term trend is Up. It suggests that MANAKCOAT Share Price for Tomorrow remains the same with VWAP at 55.91 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

56.25

MANAKCOAT Share Price Target Prediction for 2024 ^

34.7 - 57.3

MANAKCOAT Share Price Target Prediction for 2025*^

57.3 - 61

MANAKCOAT Share Price Target Prediction for 2026*^

61 - 65.3

MANAKCOAT Share Price Target Prediction for 2027*^

69

MANAKCOAT Share Price Target Prediction for 2028*^

71

MANAKCOAT Share Price Target Prediction for 2030*^

77
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: @48.6

MANAKCOAT Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 48.35 BUY 47.53 BUY
MA_12 40.97 BUY 42.83 BUY
MA_20 38.58 BUY 40.56 BUY
MA_32 35.68 BUY 38.33 BUY
MA_50 36.62 BUY 36.96 BUY
MA_100 34.86 BUY 34.51 BUY
MA_200 27.46 BUY 29.58 BUY

MANAKCOAT Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 38.58 Uptrend
MACD 1.62 BUY
ADX 30.41 Strong Trend
DMI (+/-) 47.72 / 14.16 Uptrend

MANAKCOAT Momentum Oscillators

BUY (6) NEUTRAL (3) SELL (3)
Momentum Oscillators Value Action
RSI 72.03 Overbought
STOCHASTIC_K (Fast) 72.51 Neutral
STOCHASTIC_D (Slow) 90.08 Overbought
CCI 115.34 BUY
PSAR 38.01 BUY
TRUE RANGE 3.9 SELL
ATR 2.93 SELL
WILLIAMS R -17.82 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 66.67 Neutral
MOMENTUM 19.55 BUY

MANAKCOAT Last 1 Year Trend

Duration Value
1 Year 228.38%
3 Months 46.39%
1 Month 67.3%
1 Week 18.39%

MANAKCOAT Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 80%
NEUTRAL / HOLD 10%
SELL 10%

Most popular Questions & Answers about MANAKCOAT


Manaksia Coated Metals & Industries Limited stock last traded price is 56.25. MANAKCOAT share price moved Up by 2.65% from its previous close of Rs 54.8.

Manaksia Coated Metals & Industries Limited share price trend is Up with a total of 21936 stocks traded till now. It has touched an intraday high of Rs 57.57 and an intraday low of Rs 55.00. The MANAKCOAT trading at 56.25, Up by Rs. 1.45, or 2.65 percent which suggests that most of the Traders are anticipating that the price of MANAKCOAT share should go Up and the Stop Loss will be around 55.91.

The market cap of Manaksia Coated Metals & Industries Limited is ₹246.7 (in Cr) as of May 14, 2024.

The current price to earning ratio for Manaksia Coated Metals & Industries Limited as of May 14, 2024 is 59.18.

The current price to book ratio for Manaksia Coated Metals & Industries Limited as of May 14, 2024 is 3.61.

The highest price of Manaksia Coated Metals & Industries Limited stock is ₹57.00 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 ₹56.25, Up by Rs. 1.45, or 2.65 percent which suggests that most of the traders are anticipating that the price of MANAKCOAT share should go Up.

In 2023, Stock price target for Manaksia Coated Metals & Industries Limited (MANAKCOAT) are ₹34.7 on downside and ₹57.3 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 ₹57.3 on downside and ₹61 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 ₹61 on downside and ₹65.3 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 ₹71 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 15, 2024 is 3.61.


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 539.10 12.97 32.49
JSL 704.20 32.95 139.14
INCREDIBLE 38.20 1.23 27.08
USHAMART 346.65 10.57 43.31
TIIL 2282.05 76.36 513.41
MUKANDLTD 169.35 14.37 61
LSIL 62.80 0.7 3.2
VSSL 304.40 11.26 78.91
RAMASTEEL 12.55 0.16 1.74
KAMDHENU 523.00 18.61 88.13
Updated at: 15 May 2024 10:10

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