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MIRC Electronics Ltd share Price Today

Company details

27.40
28.80
11.00
30.45
6M Return 40.00%
1Y Return 88.74%
Mkt Cap.(Cr) 638.59
Volume 981,974
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 981,974

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MIRC Electronics Ltd shares SWOT Analysis

Strengths (6)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)

Weakness (2)

  • Red Flag: High Interest Payments Compared to Earnings
  • Book Value Per Share deteriorating for last 2 years

Opportunity (4)

  • Turnaround companies- loss to profit QoQ
  • Highest Recovery from 52 Week Low
  • Stock with Low PE (PE < = 10)

Threats (0)

Data not found

Resistance and support

R1 28.5
R2 29.4
R3 29.9
Pivot

27.95

S1 27.1
S2 26.6
S3 25.7
EMA SMA
25.5
22.1
20.4
19.1
25.8
20.3
19.0
18.9
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-02-06 28.25 1211044 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-02-06 28.31 1211044 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-02-05 26.75 1205579 NSE
Name Category Shares
G L Mirchandani PROMOTER 20.39%
Vijay Mansukhani PROMOTER 11.4%
Gita Gulu Mirchandani PROMOTER 3.41%
Gulita Securities Ltd PROMOTER 11.79%
Iifl Investment Adviser & Trustee Services Ltd PROMOTER 6.14%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

MIRC Electronics Ltd Stocks COMPARISON

Financials( in Cr) MIRC Electronics Ltd Havells India Ltd Dixon Technologies (India) Ltd Voltas Ltd Blue Star Ltd
Price 27.65 1,429.50 6,867.50 1,095.05 1,293.75
% Change -3.83 -0.17 1.34 -0.31 1.26
Mcap Cr 638.59 89,584.33 41,076.58 36,233.56 26,601.44
Revenue TTM Cr 1,110.23 16,910.73 12,192.01 9,498.77 7,977.32
Net Profit TTM Cr -12.47 1,071.73 255.08 136.22 400.69
PE TTM 0.00 75.94 114.70 129.95 72.87
1 Year Return 88.74 18.96 159.72 19.78 78.27
ROCE 0.00 21.93 23.60 9.54 23.89
ROE 0.00 16.97 22.36 4.46 23.42
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 190.84 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 24,237.34 -6,671.37
LAST 3M 66,180.77 -16,581.78
LAST 6M 123,999.37 13,119.57
LAST 12M 183,206.60 175,293.18

MIRC Electronics Ltd Information

Stock PE (TTM)
0
Promoter Holding
53.36%
Book Value
7.7161
ROCE
0%
ROE
0%
Description
  • MIRC Electronics Ltd was incorporated in 1981 as a private limited company by Gulu Mirchandani, Vijay Mansukhani and Sonu Mirchandani of the Onida group. Later it transformed as a public limited company in 1992. MIRC is a market leader in consumer electronics goods, it manufactures the well known Onida brand of colour televisions (CTVs), Air Conditioners, Washing Machines, TV-Components & Spares and Electronic Tuners. The company has two subsidiary companies Akasaka Electronics Ltd. and Imercius Technologies (India) Ltd. Other group companies are Onida Saka and Monica Electronics. MIRC tapped the capital market to finance its CTV expansion and diversification into the audio segment. Commercial production at the expanded capacity started from Jul.`1995. The company has opened Onida Arcades, exclusives retail shops and introduced state-of-the-art wide vision TVs and audio systems. The company was awarded ISO 9001 certification during 1994-95. The company concentrated on reinforcing and improving the penetration of its sales and after sales support infrastructure. During 1997-98, the company came out with a new range of products christened `Techno Value`, which has been launched with considerable success. In 1998-99, it introduced the WEBCRUISER - the world first internet TV, the trendy TV and PIP in the 25" segment. In 1999-2000, the company introduced multi-coloured Candy in the 14 inch TV segment. In the fiscal 2001, it came out with 29KY Thunder series which was amongst the first 650 watt television set in the world and has embarked on the process to launch a plasma display tube television in collaboration with Fujitsu. With effect from 1st April, 2001 Onida Infotech Services Ltd was merged with MIRC Electronics Ltd. In 2001-02 it had launched the 29 inch Home Theatre, the first to convert a mono recording into a 5.1 output surround sound. In 2003-04, MIRC decided to come out from its non-core business to strengthen its core business segment. The company sold its Onida Infotech division during the same year. MIRC rewarded its shareholders with an allotment of bonus shares in the ratio of one share for every one share held in the company. During the year 2004-05, One of the group company, Ondia Savak Ltd had been merged with the company. By this merger, one more feather i.e. Electronic Tuners added in its product segment. The company wants to take advantages from the outsourcing businesses provided by international giants. In view of this, it has enhanced the capacity of televisions from 1.8 million units per annum to 3.0 million units per annum. The company has launched its new model colour televisions (Oxygen Series and `Poison` range) and Microwave Ovens in this period. During the year 2009, Guviso Holdings Private Ltd., the Holding Company of the Company got amalgamated with the Company and the Scheme was made effective on May 02, 2009. Direct Cool Refrigerator was launched in 2020-21.

Registered Address

Onida House G-1 MIDC, Mahakali Caves Rd Andheri (E), Mumbai, Maharashtra, 400093

Tel : 91-22-66975777
Email : investors:onida.com
Website : http://www.onida.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 500279
NSE Code : MIRCELECTR
Book Closure Date (Month) : Jun/Jul
BSE Group : T
ISIN : INE831A01028

FAQ’s on MIRC Electronics Ltd Shares

You can buy MIRC Electronics Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy MIRC Electronics Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Feb 23, 2024 03:57 PM the closing price of MIRC Electronics Ltd was ₹ 27.65.

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 Feb 23, 2024 03:57 PM, the market cap of MIRC Electronics Ltd stood at ₹ 638.59.

The latest PE ratio of MIRC Electronics Ltd as of Feb 23, 2024 03:57 PM is 0

The latest PB ratio of MIRC Electronics Ltd as of Feb 23, 2024 03:57 PM is 0.27

The 52-week high of MIRC Electronics Ltd is ₹ 30.45 while the 52-week low is ₹ 11.00

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