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About Mipco Seamless Rings (Gujarat) Ltd
Stock PE (TTM)
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Mipco Seamless Rings (Gujarat Ltd) was incorporated in January, 1980 to manufacture rolled rings for bearing races. It commenced production at the ring rolling mill in April 1982. Its works is situated in Bharuch, Gujarat and has installed capacity of 21.30 Millions. In order to widen the range of rings manufactured in the plant, the Company undertook to establish facilities for the manufacture of forged combination rings. This new forging line was installed in May 1987. During 1988-89, the registration certificate was received from Government for the enhanced capacity of rolled rings machined/unmachined for Bearing races to 10 million Nos. During 1991-92, the Company added certain additional balancing equipments to ease the production bottle-necks. During 1993-94, the Company installed Wind Turbines to meet the growing demand for power. Mipco Seiko Bearings Ltd was amalgamated with the Company with effect from 1st April, 1995. It undertook modernisation of machinery during 1995-96 to improve productivity. Thereafter, it did not have any business activity during the period. During the year 2020-21, the Company altered its Main Objects of Business to Information Technology, ITES Services & Related Activities in the stream of Media & Entertainment. Presently, the Company is engaged in IT and ITES Services.
Mipco Seamless Rings (Gujarat) share price as on 19 Jan 2026 is Rs. 27.23. Over the past 6 months, the Mipco Seamless Rings (Gujarat) share price has increased by 9.8% and in the last one year, it has decreased by 19.7%. The 52-week low for Mipco Seamless Rings (Gujarat) share price was Rs. 22 and 52-week high was Rs. 37.38.
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Mipco Seamless Rings (Gujarat) Ltd FAQs
You can buy Mipco Seamless Rings (Gujarat) Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Mipco Seamless Rings (Gujarat) Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jan 05, 2026 04:01 PM the closing price of Mipco Seamless Rings (Gujarat) Ltd was Rs.27.23.
The latest PE ratio of Mipco Seamless Rings (Gujarat) Ltd as of Jan 05, 2026 04:01 PM is -270.10
The latest PB ratio of Mipco Seamless Rings (Gujarat) Ltd as of Jan 05, 2026 04:01 PM is -2.94
The 52-week high of Mipco Seamless Rings (Gujarat) Ltd share price is Rs. 37.38 while the 52-week low is Rs. 22.00
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 Jan 05, 2026 04:01 PM, the market cap of Mipco Seamless Rings (Gujarat) Ltd stood at Rs. 9.76 Cr.
Market Outlook
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