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Magnum Ventures Ltd

Magnum Ventures Ltd (MAGNUM)

₹60.9▲0.25%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Magnum Ventures Ltd share Performance

₹60.3
₹61.85
₹60.9
0.99%
Low
Day's Volatility:2.55%
High
1.56%
₹29.56
₹77.81
₹60.9
51.46%
Low
52 Weeks Volatility:79.23%
High
27.77%

Returns %
1 Month Return	+ 12.22 %
3 Month Return	-1.53 %
1 Year Return	+ 50.55 %

Market Stats
Previous Close	₹₹61.05
Open	₹₹60.30
Volume	₹86.63K
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹359.50Cr

Company Information

Magnum Ventures Ltd, formerly known as Magnum Papers Limited, was incorporated in 1980 and taken over in 1984 under the leadership of Salek Chand Jain. Situated in Sahibabad near Delhi, the mill has an installed capacity of 85,000MTPA and is engaged in the business of trading and manufacturing paper. The large infrastructure with 65,000sq mt of building area has been in operation for more than 25 years. In 2008, the company entered into a territory license agreement with Country Inn & Suites by Carlson to set up a 4 Star Business Hotel. The proposed land was located on the main Madan Mohan Malviya Marg connected to NH24. The Hotel started operating from 15th February 2009 and the company further diversified into manufacturing Newsprints w.e.f 01st July 2010. With an aim to provide their customers better service, the Hotel Unit changed its Brand to Country Inn & Suites by Radisson on 17th January 2018.

Share Price: ₹60.90 per share as on 17 May, 2024 04:01 PM
Market Capitalisation: ₹359.50Cr as of today
Listing date: 20 Sep, 2007
Chairperson Name: Praveen Kumar Jain

Organisation	Magnum Ventures Ltd
Headquarters	Ghaziabad
Industry	Paper
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Key events for Magnum Ventures Ltd

Magnum Ventures Ltd Shares Rebound 34% in Last 30 Days - 30 Apr, 2024
Despite a disappointing decline of 49% in earnings over the last year, Magnum Ventures Ltd's shares have rebounded by 34% in the past month, resulting in an annual gain of 98%. However, with a P/E ratio lower than almost half of all companies in India, investors may be expecting limited growth rates to continue into the future.
Magnum Ventures' ROCE Rises to 3.3% Over Last Five Years - 27 Apr, 2024
Magnum Ventures has seen a substantial increase in its returns on capital employed (ROCE) over the last five years, indicating effective use of capital and growth opportunities. The company has also reduced current liabilities, pleasing shareholders with growth from underlying business performance.
Neo Asset Management Buys ₹150 Crore NCDs of Magnum Ventures - 12 Apr, 2024
Magnum Ventures has issued and allotted 18% non-convertible debentures worth ₹150 crore to Neo Asset Management at an 18% internal rate of return. The funds will be used to repay the debt of Alchemist ARC, which had previously restructured ₹188 crore of outstanding debt payable by Magnum Ventures in 2022. The company's total debt as of March 31, 2023, was ₹166 crore.

Fundamentals of Magnum Ventures Ltd

Insights on Magnum Ventures Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 39.27% to 48.33% in Mar 2024 quarter
POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 0.03% to 0.31% in Mar 2024 quarter
POSITIVE IMPACT
Price Rise
In the last 3 years, MAGNUM stock has moved up by 1198.9%
POSITIVE IMPACT
Best in 3 Years
In the last 3 years, MAGNUM has outperformed top 5 stocks with highest market-cap in Paper Products
NO EFFECT
Against Peers
In the last 1 year, Century Textiles & Industries Ltd has given 158.7% return, outperforming this stock by 108.2%
NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 60.70% to 51.36% in Mar 2024 quarter