NRI

Modern Insulators Ltd

Sector Capital Goods - Electrical Equipment
BSE 515008
NSE MODINSULAT
130.45
4.55 (3.61 %)
Buy
B
Sell
S
BSE

Overview

Day Low

124.30

Day High

133.00

52 Week Low

79.73

52 Week High

176.00

All Time Low

2.87

All Time High

176.00

Open

127.75

Close

125.90

Volume

11,568

Mkt cap (Cr)

614.99

P/E ratio

15.15

P/B ratio

0.72%

Div yield

0.00%

6M return

-4.54%

1Y return

15.60%

1D 1W 1M 3M 6M 1Yr 3Yr 5Yr 10Yr Max
Price PE Ratio
 

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SWOT Analysis

  • S
  • W
  • O
  • T

Technical Analysis

Moving Averages

EMA SMA
 

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130.45 3.61%

Current Price

  • Bullish Moving Averages
  • Bearish Moving Averages

Resistance and support

 

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Company Financials

  • Profit and loss statement
  • Balance sheet
  • Quarterly Result
  • Ratio
 

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Quick Results Snapshot

 

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Shareholding Pattern

Summary

 

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Historical Promoter Summary

 

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Promoter Holding(%)

Historical FII Holdings

 

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FII Holding(%)

Historical MF Holdings

 

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MF Holding(%)

Stocks Comparison
Table Chart

 

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Corporate Action

  • Announcement
  • Board Meeting
  • Dividend
  • Split
  • Rights
  • Events

Insider & Institutional Activity

  • Bulk Block Deals
  • Insider Trading & SAST
 

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About Modern Insulators Ltd

Stock PE (TTM)

15.15

Promoter Holding

60.2%

Book Value

94.477

ROCE

8.57%

ROE

8.86%

Incorporated as a public limited company in May `82, Modern Insulators Limited (MIL), a member of the Modern group, was promoted in the joint sector by H S Ranka and the Rajasthan State Industrial Corporation (RSICO). It manufactures various types of high-tension (HT) insulators upto 400 kV (inst. cap. : 6000 tpa) producing sectional and post insulators, solid core insulators for the Railways and bushings for transformers, apparatus insulators, solid core insulators including long rod and line post insulators in technical collaboration with Siemens, Germany. The Company is primarily engaged in the business of manufacturing insulators and terry towels. Since inception, MIL has been facing technical problems resulting in a high degree of rejection at various stages of manufacture. With a view to help MIL overcome its resultant liquidity problems and stabilise operations on a viable footing, institutions have been extending relief by way of interest deferments and reschedulement of principal repayments. However, despite grants of reliefs / concessions, there was no appreciable improvement in the performance of MIL and it continued to incur losses. Based on the audited results for Apr.`91, a reference was made to the BIFR on the basis of which it was registered with the BIFR. However, another reference made to the BIFR on the basis of its audited accounts for the period ending 31 Oct.`92 which indicated a positive net worth, led to the case being deregistered. MIL came out with a rights issue in Oct.`95 to implement its project involving capacity expansion from 5000 tpa to 6000 tpa. The company was awarded the certificate of merit by CAPEXIL for the year 1997-98 for outstanding export performance. During the year 2017, the Hon`ble Board for Industrial & Financial Reconstruction (BIFR) sanctioned the Scheme of Amalgamation of Modern Terry Towels Limited (MTTL) with the Company, which became effective on 15th September, 2016. The Company further allotted 25400400 Equity Shares of the Company to the eligible shareholders of erstwhile Modern Terry Towels Limited thru` the scheme of Amalgamation. Further, the Company sold Investments in Subsidiary Company i.e. M/s Motile Power Trade Private Limited and therefore ceased to be a subsidiary of the Company during 2016-17. During the year 2017-18, the Scheme of Arrangement between the Company (MIL) and Modern Polytex Limited (MPL) for demerger of the Yarn Division of the Company into MPL, was made effective from 01.04.2011. Pursuant to the Scheme, Yarn Division of MIL was transferred to and vested in MPL who issued one equity shares of MPL for every two equity shares to the shareholders of MIL i.e. 1,08,71,750 equity shares of Rs. 10 each as fully paid up. Modern Metal High-Tech Components Private Limited ceased to be a wholly owned subsidiary company effective from 19.06.2023.

Modern Insulators share price as on 09 Feb 2025 is Rs. 130.45. Over the past 6 months, the Modern Insulators share price has decreased by 4.54% and in the last one year, it has increased by 15.6%. The 52-week low for Modern Insulators share price was Rs. 79.73 and 52-week high was Rs. 176.

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Registered Office  
Registrars  
Management  
Listing Info  

515008

MODINSULAT

INE219W01012

Sep

Modern Insulators Ltd FAQs

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

Company share prices and volatile and keep changing according to the market conditions. As of Feb 07, 2025 04:01 PM the closing price of Modern Insulators Ltd was Rs.130.45.

The latest PE ratio of Modern Insulators Ltd as of Feb 07, 2025 04:01 PM is 15.15

The latest PB ratio of Modern Insulators Ltd as of Feb 07, 2025 04:01 PM is 0.72

The 52-week high of Modern Insulators Ltd share price is Rs. 176.00 while the 52-week low is Rs. 79.73

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 07, 2025 04:01 PM, the market cap of Modern Insulators Ltd stood at Rs. 614.99 Cr.

Market Outlook

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