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Modern Insulators Ltd share Price Today

Company details

96.49
101.80
42.00
122.65
6M Return 10.80%
1Y Return 125.85%
Mkt Cap.(Cr) 470.31
Volume 30,756
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 30,756

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Modern Insulators Ltd shares SWOT Analysis

Strengths (7)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
  • Company with Low Debt

Weakness (1)

  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (1)

  • Companies with growing costs YoY for long term projects

Resistance and support

R1 102.2
R2 104.7
R3 107.5
Pivot

99.35

S1 96.9
S2 94.0
S3 91.6
EMA SMA
97.1
97.0
95.6
87.0
93.6
97.5
100.5
86.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED Bulk Purchase 2021-06-04 44 306874 BSE
LIFE INSURANCE CORPORATION OF INDIA Bulk Sell 2021-06-04 44.01 314394 BSE
Name Category Shares
Vijay Beneficiary Trust (Through Trustee Sachin Ranka) PROMOTER 34.99%
Jay Beneficiary Trust (Through Trustee Sachin Ranka) PROMOTER 13.85%
Pride Mercantiles Pvt Ltd PROMOTER 11.33%

FINANCIALS

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

Modern Insulators Ltd Stocks COMPARISON

Financials( in Cr) Modern Insulators Ltd Siemens Ltd ABB India Ltd Bharat Heavy Electricals Ltd CG Power & Industrial Solutions Ltd
Price 99.76 5,589.50 6,292.60 254.55 533.90
% Change -0.32 0.18 -1.21 0.53 0.92
Mcap Cr 470.31 199,053.27 133,345.23 88,635.91 81,541.69
Revenue TTM Cr 430.96 19,553.80 10,446.52 23,364.94 6,972.54
Net Profit TTM Cr 27.95 1,961.90 1,242.05 477.39 962.97
PE TTM 14.50 99.33 106.88 0.00 94.71
1 Year Return 125.85 68.57 96.17 237.38 75.71
ROCE 7.18 20.44 30.39 2.44 40.59
ROE 7.46 15.89 22.82 1.54 34.91
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 388.67 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 24,289.49 -9,580.22
LAST 3M 82,644.28 34,986.47
LAST 6M 142,142.07 66,572.41
LAST 12M 216,755.16 194,314.28

Modern Insulators Ltd Information

Stock PE (TTM)
14.5
Promoter Holding
60.2%
Book Value
84.588
ROCE
7.18%
ROE
7.46%
Description
  • 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.

Registered Address

Telheti Village Karoli, Tehsil Abu Road, Sirohi, Rajasthan, 302004

Tel : 02974-228044
Email : compliance:moderninsulators.com; modernjaipuroffic
Website : http://www.moderninsulators.com
Registrar

Beetal Fin.&Computer Ser.P Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 515008
NSE Code : MODINSULAT
Book Closure Date (Month) : Sep
BSE Group : XT
ISIN : INE219W01012

FAQ’s on Modern Insulators Ltd Shares

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 Apr 19, 2024 04:01 PM the closing price of Modern Insulators Ltd was ₹ 99.76.

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 Apr 19, 2024 04:01 PM, the market cap of Modern Insulators Ltd stood at ₹ 470.31.

The latest PE ratio of Modern Insulators Ltd as of Apr 19, 2024 04:01 PM is 14.5

The latest PB ratio of Modern Insulators Ltd as of Apr 19, 2024 04:01 PM is 0.85

The 52-week high of Modern Insulators Ltd share price is ₹ 122.65 while the 52-week low is ₹ 42.00

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