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Modi Rubber Ltd Share Price (MODIRUBBER)

₹101.44.97%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Modi Rubber Ltd share Performance

  • ₹101.4
    ₹105.9
    ₹101.4

    Day's Volatility:4.44%

    High

    4.44%

    downward going graph
  • ₹60.3
    ₹120.05
    ₹101.4
    downward going graph

    40.53%

    Low

    52 Weeks Volatility:58.93%

    High

    18.39%

    downward going graph
1 Month Return24.14 %
3 Month Return18.62 %
1 Year Return69.37 %
Previous Close₹106.70
Open₹102.20
Volume19.46K
Upper Circuit-
Lower Circuit-
Market Cap₹267.18Cr

Company Information

Modi Rubber Ltd (MRL), a B K Modi group company, manufactures automobile tyres and is one of the most modern tyre manufacturing plants in Asia. It entered into a technical collaboration with Continental Aktiengesellschaft and set up a roadway tire plant at Modipuram. Currently, MRL has a 12.4 market share and an excellent export performance, exporting to countries such as Vietnam, the US, the UK, Bangladesh, Syria, and Latin American countries. In addition, the company has also setup facilities for the manufacture of automobile tubes and launched a new range of truck and LCV tyres for heavy load areas. To increase its market share, the company plans to tap into normal load areas like South India and West Zone with upgraded technology tires. To allow existing promoters to come up with an open offer, MRL has spoken to potential NRI investors and is awaiting a final approval of a proposal to receive 810 million in investments.

Share Price: ₹101.40 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹267.18Cr as of today
Revenue: ₹2.76Cr as on December 2023 (Q4 23)
Net Profit: ₹5.59Cr as on December 2023 (Q4 23)
Listing date: 02 Dec, 1994
Chairperson Name: Vinay Kumar Modi
OrganisationModi Rubber Ltd
HeadquartersNew Delhi
IndustryMiscellaneous
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Key events for Modi Rubber Ltd

  • Modi Rubber Ltd's P/E Ratio Remains Low Despite Recent Stock Gains - 12 Apr, 2024

    Despite a 29% gain in the last month, Modi Rubber Ltd's P/E ratio of 18.2x remains low compared to India's market average. The company's recent decrease in earnings and weaker growth momentum may be contributing factors. Shareholders are accepting the low P/E as they don't expect future earnings to provide any pleasant surprises.

Fundamentals of Modi Rubber Ltd

Insights on Modi Rubber Ltd

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

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 11.96 Cr → 19.6 Cr (in ₹), with an average increase of 15.1% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 38.31% to 38.39% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 3.18 Cr → 5.59 Cr (in ₹), with an average increase of 43.1% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 59.50% of holdings in Dec 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, JK Tyre & Industries Ltd has given 145.9% return, outperforming this stock by 76.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, JK Tyre & Industries Ltd has given 286.7% return, outperforming this stock by 255.8%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, MODIRUBBER stock has moved down by -9.7%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.15% to 0.10% in Dec 2023 quarter

Modi Rubber Ltd Valuation

Modi Rubber Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-434.35x)

April 12, 2021

Today (17.10x)

April 16, 2024

Industry (50.39x)

April 16, 2024

Highest (22.11x)

April 29, 2020

LowHigh

Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
59.5%
0.00
Foreign Institutions
0.1%
-34.75
Mutual Funds
0%
0.00
Retail Investors
38.39%
0.20
Others
2.01%
-1.17

Technicals of Modi Rubber Ltd share

News & Events of Modi Rubber Ltd

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Modi Rubber Ltd (MODIRUBBER) share price today is ₹101.4

Modi Rubber Ltd is listed on NSE

Modi Rubber Ltd is listed on BSE

  • Today’s highest price of Modi Rubber Ltd is ₹105.9.
  • Today’s lowest price of Modi Rubber Ltd is ₹101.4.

PE Ratio of Modi Rubber Ltd is 17.1

PE ratio = Modi Rubber Ltd Market price per share / Modi Rubber Ltd Earnings per share

Today’s traded volume of Modi Rubber Ltd(MODIRUBBER) is 19.46K.

Today’s market capitalisation of Modi Rubber Ltd(MODIRUBBER) is ₹267.18Cr.

Modi Rubber Ltd(MODIRUBBERPrice
52 Week High
₹120.05
52 Week Low
₹60.3

Modi Rubber Ltd(MODIRUBBER) share price is ₹101.4. It is down -15.54% from its 52 Week High price of ₹120.05

Modi Rubber Ltd(MODIRUBBER) share price is ₹101.4. It is up 68.16% from its 52 Week Low price of ₹60.3

Modi Rubber Ltd(MODIRUBBERReturns
1 Day Returns
-5.3%
1 Month Returns
24.14%
3 Month Returns
18.62%
1 Year Returns
69.37%