Modison Ltd (MODISONLTD)

₹138.2▲1.18%

Get free price alerts. Set up your Free investment account to get Live Prices. >

Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Modison Ltd share Performance

₹136
₹143.7
₹138.2
1.59%
Low
Day's Volatility:5.57%
High
3.98%
₹59.1
₹158.7
₹138.2
57.24%
Low
52 Weeks Volatility:72.07%
High
14.83%

Returns %
1 Month Return	1.41 %
3 Month Return	-0.04 %
1 Year Return	130.4 %

Market Stats
Previous Close	₹139.85
Open	₹140.05
Volume	14.08K
Upper Circuit	-
Lower Circuit	-
Market Cap	₹453.81Cr

Company Information

Modison Metals Limited (MML) is an India-based company. Established in 1965 by G.L. Modi, it operates in two business segments – Electrical Contacts & Silver Flatware. In 1975, Mr. Modi set up the first manufacturing facility in Mumbai to refine silver and export it to renowned banking and dealing firms in the US and Europe. Two years later, MML started manufacturing electrical contact materials like silver and silver alloy wires, plates, strips and solid/bitmetal contacts. It had technical collaboration with DODUCO KG Pforzheim, Germany in 1983. Today, the company has two plants in Western India with over 350 people employed and is the only firm globally to produce electrical contact materials and contacts for LMH switchgear. It holds ISO 9001:2008, ISO 14001:2004, and OHSAS 18001:2007 certifications, with its own in-house RD dedicated to building products using the best technology and equipment in the field.

Share Price: ₹138.20 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹453.81Cr as of today
Revenue: ₹107.77Cr as on December 2023 (Q4 23)
Net Profit: ₹4.08Cr as on December 2023 (Q4 23)
Listing date: 03 May, 2021
Chairperson Name: Jayant G Kulkarni

Organisation	Modison Ltd
Headquarters
Industry	Capital Goods - Electrical Equipment
E-voting on shares	Click here to vote

Key events for Modison Ltd

Modison Ltd's Stock Price Falls by 26% in a Month - 13 Mar, 2024
Modison Ltd's stock price has fallen by 26% over the last month, but it has gained 72% in the past year. The company's P/E ratio of 15x may make it look like a buy compared to other Indian companies with higher P/Es, but further investigation is required to determine if it's justified. Modison has been growing earnings rapidly, but investors are expecting limited growth rates to continue into the future.

Fundamentals of Modison Ltd

Insights on Modison Ltd

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

POSITIVE IMPACT
Price Rise
In the last 6 months, MODISONLTD stock has moved up by 58.7%
POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 0.00% to 0.41% in Mar 2024 quarter
POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 88.62 Cr → 107.86 Cr (in ₹), with an average increase of 9.3% per quarter
POSITIVE IMPACT
Best in 1 Year
In the last 1 year, MODISONLTD has outperformed top 5 stocks with highest market-cap in Electrical Components & Equipment
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 52.11% of holdings in Mar 2024 quarter
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 47.89% to 47.48% in Mar 2024 quarter
NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 5.61 Cr → 4.08 Cr (in ₹), with an average decrease of 27.3% per quarter