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Company details

39.45
45.55
28.10
63.80
6M Return 1.68%
1Y Return 28.57%
Mkt Cap.(Cr) 277.21
Volume 86,544
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 86,544

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EMA SMA

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Financials

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  • Quarterly Result

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Operating Profit(Cr.)

Profit after Tax(Cr.)

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Debt

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Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 222.82 Cr FV: 1.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 1,063.73 35,237.03
LAST 3M 39,397.70 -2,125.67
LAST 6M 127,269.18 -146,884.65
LAST 12M 212,893.82 -215,286.28

Information

  • About Company
  • Company Info
  • Listing Info
11.13
74.75%
40.5977
13.42%
12.82%
Description
  • Incorporation in 2001,MANAKSIA STEELS LIMITED, Flagship Company of the Manaksia Group,is engaged in manufacturing of steel products. The company is an ISO 9001: 2015 accredited entity and the product portfolio include Cold Rolled Steel Sheets & Coils, Galvanized Steel sheets & Coil. Color Coated Steel sheets & coils. The Company manufactures and sells value added steel products comprising Cold Rolled Coils used in interior and exterior panels of automobiles, buses and commercial vehicles, Galvanised Corrugated Sheets which find use in the rural housing sector and factory sheds and Galvanised Plain Sheets, used in the manufacture of containers and water tanks and Colour Coated (Pre-painted) Coils and Sheets for sale to construction, housing, consumer durable and other industries. The Hon`ble Calcutta High Court vide its Order dated 24 March, 2014 has sanctioned the Scheme of Arrangement under the provisions of Sections 391-394 of the Companies Act, 1956 for demerger of Steel Undertaking of Manaksia Limited into Manaksia Steels Limited on a going concern basis. The certified copy of the Order sanctioning the Scheme has been received by the Company on 19 November, 2014 and the Company has duly filed the said Order with the Registrar of Companies, West Bengal, on 23 November, 2014. The Scheme has become effective on and from the date of filing with the Registrar of Companies. Upon the Scheme being effective, the Company had made application to National Stock Exchange of India Limited and BSE Limited for listing of its equity shares. Accordingly the shares of the Company got listed on both the Stock Exchanges on 30 March, 2015. The Company was the wholly-owned subsidiary of Manaksia Limited. Pursuant to Scheme of Arrangement as sanctioned by the Hon`ble Calcutta High Court the Steel undertaking of Manaksia Limited has been transferred to Manaksia Steels Limited on a going concern basis. During the FY2015,the Company pursuant to the Scheme of Arrangement as sanctioned by the Hon`ble Calcutta High Court vide its Order dated 24 March, 2014 has issued and allotted 65534050 shares to the shareholders of Manaksia Limited, one share of Re 1/- each of the Company, for every one share of Rs 2/- each held by them. As on 31 March 2016, the Company has a 120,000 MTPA Steel Cold Rolling Plant at Haldia for manufacture of Cold Rolled Coils and Sheets and continuous Galvanizing plants at Bankura (30,000 MTPA) and Haldia (60,000 MTPA). The Company has facilities at Haldia for further value addition of Steel and Aluminium Products, where Galvanized Steel Sheets and Cold Rolled Aluminium Sheets are pre-painted /colour coated in a 48,000 MTPA colour coating line. The Company has also facilities for Roll Forming/ Profiling for direct supply to projects for industrial roofing as a part of such value addition. During the FY2018, the company set up a subsidiary at Dubai under the name and style of Technomet InternaOonal FZE, which acquired two companies at Nigeria namely Far East Steel Industries Limited and Federated Steel Mills Limited - manufacturing steel long products. The COVED-19 pandemic has rapidly spread across the world as well as in India and has caused shutdown of the plant and all offices from 24 March 2020. The Group has resumed operations in a phased manner in line with the directives of the respective local government.

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No Data Found

AGM Date (Month) : Sep
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 539044
NSE Code : MANAKSTEEL
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE824Q01011

ICICIdirect Manaksia Steels Ltd FAQ

You can buy Manaksia Steels Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Manaksia Steels Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Aug 12, 2022 04:01 PM the closing price of Manaksia Steels Ltd was ₹ 42.30.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Aug 12, 2022 04:01 PM, the market cap of Manaksia Steels Ltd stood at ₹ 277.21.
The latest PE ratio of Manaksia Steels Ltd as of Aug 12, 2022 04:01 PM is 11.13
The latest PB ratio of Manaksia Steels Ltd as of Aug 12, 2022 04:01 PM is 0.96
The 52-week high of Manaksia Steels Ltd is ₹ 63.80 while the 52-week low is ₹ 28.10 .

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