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Modi Rubber Ltd share Price Today

Company details

92.50
95.10
61.00
120.05
6M Return 4.92%
1Y Return 44.57%
Mkt Cap.(Cr) 235.14
Volume 2,793
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 2,793

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Modi Rubber Ltd shares SWOT Analysis

Strengths (4)

  • Promoter holding increased more than 2% QoQ
  • Company with Low Debt
  • Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years

Weakness (4)

  • Rising other income, and low operating income
  • Low Piotroski Score : Companies with weak financials
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (0)

Data not found

Threats (1)

  • RSI indicating price weakness

Resistance and support

R1 97.2
R2 98.8
R3 101.7
Pivot

94.33

S1 92.7
S2 89.8
S3 88.2
EMA SMA
97.9
97.3
94.6
88.9
97.9
96.5
95.0
88.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
Name Category Shares
MOD FASHIONS AND SECURITIES PRIVATE LIMITED PROMOTER 47.96%
witta International inc PROMOTER 10.2%
M/S MODI INDUSTRIES LTD PROMOTER 3.19%
INDOFIL ORGANIC INDUSTRIES LTD PROMOTER 0.86%

FINANCIALS

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

Modi Rubber Ltd Stocks COMPARISON

Financials( in Cr) Modi Rubber Ltd Central Depository Services (India) Ltd TBO Tek Ltd Indegene Ltd RattanIndia Enterprises Ltd
Price 93.90 2,060.00 1,392.00 509.90 74.40
% Change -1.68 -0.72 -1.85 -3.37 -3.88
Mcap Cr 235.14 21,527.00 15,115.45 12,200.33 10,284.09
Revenue TTM Cr 5.32 555.09 1,064.59 2,306.13 4,123.79
Net Profit TTM Cr 27.66 275.96 148.49 266.10 -286.10
PE TTM 15.24 51.73 108.50 47.47 22.62
1 Year Return 44.57 108.07 -1.02 -10.68 91.01
ROCE 4.97 31.39 51.92 29.51 0.89
ROE 4.40 23.93 51.90 29.12 0.82
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 638.31 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 38,211.58 -20,152.87
LAST 3M 113,440.41 -31,179.37
LAST 6M 172,266.38 32,742.67
LAST 12M 272,035.18 123,918.17
Modi Rubber Limited - Outcome of Board Meeting

May 29, 2024 l NSE Announcement

NSE Board Meetings Forthcomming

May 28, 2024 l NSE Board Meetings Forthcomming

Board Meeting for Today

May 28, 2024 l Board Meetings for Today

Date Action Type Ratio
No data found

Modi Rubber Ltd Information

Stock PE (TTM)
15.24
Promoter Holding
62.69%
Book Value
261.5415
ROCE
4.97%
ROE
4.4%
Description
  • Incorporated in Feb.`71, Modi Rubber (MRL), a B K Modi Group Company, manufactures automobile tyres. It has entered into a technical collaboration with the German tyre major, Continental Aktiengesellschaft, to manufacture steel radial tyres for trucks. The company has a state-of-the-art plant at Modipuram, which is one of the most modern tyre manufacturing plants in Asia. The Company was earlier engaged in manufacture of automotive tyres, tubes, flaps and other allied products in its plants set-up in 1974 at Modipuram, Meerut and Modinagar. Pursuant to the BIFR Scheme, Modinagar Plant was with the Company for carrying out its industrial activities. However, Modinagar Plant of the Company was under the Seal of Official Liquidator (OL) attached to the Allahabad High Court appointed by Allahabad High Court in "Punjab National Bank Vs Modi Export Processors Ltd," as the Company had taken Industrial Shed and land on perpetual lease from Modi Export Processors Ltd, on which Company installed its Plant & Machinery for Modinagar Plant. The Company filed Special Appeal with Allahabad High Court for re-possession from the OL which was pending for final adjudication before the Hon`ble High Court. Further, the Company implemented provisions of BIFR Scheme. The company has a 12.4% market share and is doing well on the export front. It has also won the CAPEXIL export award for its excellent export performance. MRL exports to countries like Vietnam, the Philippines, Singapore, the US, the UK, Bangladesh, Afghanistan, Syria, Sri Lanka and the Latin American countries. However exports to Pakistan and Afganistan received a set back due to political condition and a stiff competition from China. The company has set up the facilities for manufacture of automobile tubes at Partapur, UP. The company expansion plans for manufacture of radial tyres for passenger cars and light commercial vehicles with latest technology from collaborator has been very supportive. The company has been successful in launching new range of Truck & LCV tyres as well as premium tractor tyres which are finding better acceptance in the market. It has introduced a number of new tyres for super heavy and heavy load areas, under the brand name Multilife 2000 and Marathon 2000. The company is planning to tap normal load areas like South India and part of West Zone in India with upgraded technology tyres, to further increase its market share in these regions. In a move that would aid the existing promoters of the company in coming up with an open offer for buying out the 44% stake of the financial institutions in the company, the promoters have spoken to various NRI investors to bring in investments to the tune of $8-10 million, the open offer by purchasing a maximum of 52.58 lakh shares representing 21% of the company`s paid up equity. The proposal is awaiting a final approval from the Industry Minister. During 2008-09, Board for Industrial & Financial Reconstruction (BIFR) sanctioned a Rehabilitation Scheme for the revival of the Company on April 21, 2008. Pursuant to Rehabilitation Scheme, the business operations of Modipuram and Partapur Plants were vested in M/s Modi Tyres Company Pvt. Ltd. (MTCPL) a wholly owned subsidiary of MRL from March 31, 2008. As a result, Modipuram and Partapur Plants commenced their commercial production since 2009. Modi Tyre Factory (MTF)-Modinagar Plant which manufactures tyres other than Truck & Buses was set up by the Company and accordingly, was taken from Modi Export Processors Ltd.( MEPL). MEPL was under liquidation and an Official Liquidator (OL) was appointed by an Order of the Allahabad High Court.

Registered Address

Modinagar, , Ghaziabad, Uttar Pradesh, 201204

Tel : 91-0575-26834384/26848417
Email : skbajpai:modigroup.net
Website : http://www.modigroup.net
Registrar

Mas Services Limited

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500890
NSE Code : MODIRUBBER
Book Closure Date (Month) : Sep
BSE Group : T
ISIN : INE832A01018

FAQ’s on Modi Rubber Ltd Shares

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

Company share prices and volatile and keep changing according to the market conditions. As of May 30, 2024 12:27 PM the closing price of Modi Rubber Ltd was Rs.93.90.

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 May 30, 2024 12:27 PM, the market cap of Modi Rubber Ltd stood at Rs. 235.14.

The latest PE ratio of Modi Rubber Ltd as of May 30, 2024 12:27 PM is 15.24

The latest PB ratio of Modi Rubber Ltd as of May 30, 2024 12:27 PM is 2.74

The 52-week high of Modi Rubber Ltd share price is Rs. 120.05 while the 52-week low is Rs. 61.00

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