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MIRC Electronics Ltd (MIRCELECTR)

₹21.850.46%

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Overview
News
Financials
Q3 '23 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹21.83
    ₹21.93
  • 52 Week's Low

    52 Week's High

    ₹15.5
    ₹30.45
1 Month Return+ 4.57 %
3 Month Return+ 8.48 %
1 Year Return-3.97 %
Previous Close₹21.75
Open₹21.83
Volume7.05L
Upper Circuit-
Lower Circuit-
Market Cap₹502.32Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹502.32 Cr
P/B Ratio1.42
EPS0

Company Information

MIRC Electronics Ltd has been one of the leaders in India's consumer electronics market since it was incorporated in 1981 as a private limited company. After transforming to a public limited company in 1992, MIRC has been manufacturing Onida brand of colour televisions, air conditioners, washing machines, TV components, spares, electronics tuners, and more. The company has also set up Onida Arcades retail stores around the country. It was awarded the ISO 9001 certification in 1995. In recent years, they have launched the WEBCRUISER internet TV, Techno Value range of products, the 29KY Thunder series, and the 29-inch home theatre that can convert mono recordings into 5.1 surround sounds. To stay focused on their core business segment, MIRC has divested some of their non-core businesses including their Onida Infotech division. It has also increased their television production capacity from 1.8 million units per annum to 3 million units annually. In the past few years, it has launched the Oxygen Series and Poison range of colour televisions and microwave ovens.

Share Price: ₹21.85 per share as on 16 Jul, 2024 09:52 AM
Market Capitalisation: ₹502.32Cr as of today
Listing date: 04 Jan, 1995
Chairperson Name: Gulu L Mirchandani
OrganisationMIRC Electronics Ltd
HeadquartersMumbai
IndustryConsumer Durables
E-voting on sharesClick here to vote

Key events for MIRC Electronics Ltd

  • MIRC Electronics Ltd carries net debt of ₹867.3m - 12 Jun, 2024

    MIRC Electronics Ltd's net debt stands at ₹867.3m, with liabilities totalling ₹2.61b more than its cash and near-term receivables combined. The company made a loss at the EBIT level over 12 months, and saw its revenue drop to ₹9.7b, which is a fall of 13%.

Insights on MIRC Electronics Ltd

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

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 45.64% to 46.61% in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 53.36% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Dixon Technologies India Ltd has given 192.6% return, outperforming this stock by 196.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Dixon Technologies India Ltd has given 172.9% return, outperforming this stock by 173.1%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.99% to 0.01% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, MIRCELECTR stock has moved down by -4.0%

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹551.09Cr
↓24.20%
Total Liabilities
₹360.25Cr
↓31.22%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹8.76Cr
↓135.78%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
53.36%
0.00
Foreign Institutions
0.01%
0.00
Mutual Funds
0%
0.00
Retail Investors
46.61%
0.00
Others
0.02%
0.00

Key Indicators

Earnings and Dividends

  • MIRC Electronics Ltd Earnings Results

    MIRC Electronics Ltd’s net profit fell -598.22% since last year same period to ₹-51.11Cr in the Q4 2023-2024. On a quarterly growth basis, MIRC Electronics Ltd has generated -3397.42% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • MIRC Electronics Ltd Dividends May,2011

    In the quarter ending March 2011, MIRC Electronics Ltd has declared dividend of ₹1 - translating a dividend yield of 4.60%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

MIRC Electronics Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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MIRC Electronics Ltd (MIRCELECTR) share price today is ₹21.85

MIRC Electronics Ltd is listed on NSE

MIRC Electronics Ltd is listed on BSE

  • Today’s highest price of MIRC Electronics Ltd is ₹21.93.
  • Today’s lowest price of MIRC Electronics Ltd is ₹21.83.

Today’s traded volume of MIRC Electronics Ltd(MIRCELECTR) is 7.05L.

Today’s market capitalisation of MIRC Electronics Ltd(MIRCELECTR) is ₹502.32Cr.

MIRC Electronics Ltd(MIRCELECTRPrice
52 Week High
₹30.45
52 Week Low
₹15.5

MIRC Electronics Ltd(MIRCELECTR) share price is ₹21.85. It is down -28.24% from its 52 Week High price of ₹30.45

MIRC Electronics Ltd(MIRCELECTR) share price is ₹21.85. It is up 40.97% from its 52 Week Low price of ₹15.5

MIRC Electronics Ltd(MIRCELECTRReturns
1 Day Returns
0.1%
1 Month Returns
4.57%
3 Month Returns
8.48%
1 Year Returns
-3.97%