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Company details

72.55
75.95
51.55
91.95
6M Return 5.55%
1Y Return -16.16%
Mkt Cap.(Cr) 185.80
Volume 511
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 511

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SWOT

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  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 619.04 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 15,509.20 -8,578.65
LAST 3M 18,287.41 29,096.76
LAST 6M 90,792.99 -64,390.79
LAST 12M 213,883.43 -208,257.14

Information

  • About Company
  • Company Info
  • Listing Info
6.44
62.69%
247.2193
5.3%
4.87%
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 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.

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Registered Address

Modinagar, , Ghaziabad, Uttar Pradesh, 201204

Tel : 91-0575-26834384/26848417
Email : modi:mrlpo.modi.sril.in
Website : http://www.modirubberlimited.com

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

ICICIdirect Modi Rubber Ltd FAQ

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 Oct 06, 2022 04:01 PM the closing price of Modi Rubber Ltd was ₹ 74.20.
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 Oct 06, 2022 04:01 PM, the market cap of Modi Rubber Ltd stood at ₹ 185.80.
The latest PE ratio of Modi Rubber Ltd as of Oct 06, 2022 04:01 PM is 6.44
The latest PB ratio of Modi Rubber Ltd as of Oct 06, 2022 04:01 PM is 3.26
The 52-week high of Modi Rubber Ltd is ₹ 91.95 while the 52-week low is ₹ 51.55 .

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