Meghmani Organics Share Price
Start SIP in Meghmani Organics
Start SIPMeghmani Organics Performance
Day Range
- Low 105
- High 109
52 Week Range
- Low 71
- High 113
- Open Price109
- Previous Close109
- Volume1488938
Meghmani Organics Investment Rating
-
Master Rating:
-
Meghmani Organics has an operating revenue of Rs. 1,554.39 Cr. on a trailing 12-month basis. An annual revenue de-growth of -39% needs improvement, Pre-tax margin of -8% needs improvement, ROE of -6% is poor and needs improvement. The company has a reasonable debt to equity of 25%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 14% and 22% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 4% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 19 which is a POOR score indicating inconsistency in earnings, a RS Rating of 62 which is FAIR indicating the recent price performance, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 47 indicates it belongs to a fair industry group of Chemicals-Agricultural and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 411 | 400 | 345 | 374 | 422 | 565 |
| Operating Expenses Qtr Cr | 397 | 390 | 345 | 359 | 437 | 481 |
| Operating Profit Qtr Cr | 14 | 10 | 0 | 15 | -15 | 84 |
| Depreciation Qtr Cr | 21 | 20 | 21 | 20 | 21 | 20 |
| Interest Qtr Cr | 9 | 2 | 26 | 12 | 4 | 15 |
| Tax Qtr Cr | -3 | 2 | -11 | -1 | -8 | 12 |
| Net Profit Qtr Cr | -6 | 0 | -27 | -4 | -25 | 45 |
Meghmani Organics Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 11
- Bearish Moving Average
- ___
- 5
- 20 Day
- ₹103.66
- 50 Day
- ₹96.55
- 100 Day
- ₹91.40
- 200 Day
- ₹88.35
- 20 Day
- ₹104.84
- 50 Day
- ₹93.27
- 100 Day
- ₹87.98
- 200 Day
- ₹86.15
Meghmani Organics Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 108.11 |
| Second Resistance | 110.35 |
| Third Resistance | 111.70 |
| RSI | 58.00 |
| MFI | 64.64 |
| MACD Single Line | 4.57 |
| MACD | 4.03 |
| Support | |
|---|---|
| First Support | 104.52 |
| Second Support | 103.17 |
| Third Supoort | 100.93 |
Meghmani Organics Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 1,602,840 | 68,681,694 | 42.85 |
| Week | 2,047,996 | 85,503,816 | 41.75 |
| 1 Month | 3,500,686 | 142,757,966 | 40.78 |
| 6 Month | 1,857,526 | 81,731,137 | 44 |
Meghmani Organics Result Highlights
Meghmani Organics Synopsis
NSE-Chemicals-Agricultural
Meghmani Organics is involved in the business activities of Manufacture of insecticides, rodenticides, fungicides, herbicides. Company’s Total Operating Revenue is Rs. 1539.85 Cr. and Equity Capital is Rs. 25.43 Cr. for the Year ended 31/03/2024. Meghmani Organics Ltd. is a Public Limited Listed company incorporated on 15/10/2019 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L24299GJ2019PLC110321 and registration number is 110321.| Market Cap | 2,774 |
| Sales | 1,529 |
| Shares in Float | 12.97 |
| No of funds | 38 |
| Yield | 1.7 |
| Book Value | 1.77 |
| U/D Vol ratio | 3.1 |
| LTDebt / Equity | 11 |
| Alpha | -0.02 |
| Beta | 1.22 |
Meghmani Organics Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 49.32% | 49.32% | 49.32% | 49.32% |
| Mutual Funds | 0.06% | 0.04% | ||
| Foreign Portfolio Investors | 1.39% | 1.52% | 1.3% | 1.34% |
| Individual Investors | 39.73% | 39.74% | 38.82% | 38.31% |
| Others | 9.56% | 9.42% | 10.5% | 10.99% |
Meghmani Organics Management
| Name | Designation |
|---|---|
| Mr. Ankit Patel | Chairman & Managing Director |
| Mr. Karana Patel | Executive Director |
| Mr. Darshan Patel | Executive Director |
| Mr. Maulik Patel | Non Executive Director |
| Mr. Kaushal Soparkar | Non Executive Director |
| Ms. Urvashi D Shah | Independent Director |
| Mr. Manubhai K Patel | Independent Director |
| Prof. (Dr) Ganapati Yadav | Independent Director |
| Dr. Varesh Govindprasad Sinha | Independent Director |
| Mr. Nikunt Raval | Independent Director |
Meghmani Organics Forecast
Price Estimates
Meghmani Organics Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-07-27 | Quarterly Results | |
| 2024-05-11 | Audited Results | |
| 2024-01-30 | Quarterly Results | |
| 2023-11-07 | Quarterly Results | |
| 2023-08-14 | Quarterly Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2023-06-20 | FINAL | Rs.1.40 per share(140%)Final Dividend |
| 2022-06-20 | FINAL | Rs.1.40 per share(140%)Final Dividend |
Meghmani Organics FAQs
What is Share Price of Meghmani Organics ?
Meghmani Organics share price is ₹105 As on 18 September, 2024 | 02:30
What is the Market Cap of Meghmani Organics ?
The Market Cap of Meghmani Organics is ₹2692.7 Cr As on 18 September, 2024 | 02:30
What is the P/E ratio of Meghmani Organics ?
The P/E ratio of Meghmani Organics is -30.5 As on 18 September, 2024 | 02:30
What is the PB ratio of Meghmani Organics ?
The PB ratio of Meghmani Organics is 1.8 As on 18 September, 2024 | 02:30