Manaksia Steels (India) Today

MANAKSTEEL   61.00  0.17  0.28%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Manaksia Steels is selling for under 61.00 as of the 25th of November 2024; that is 0.28 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 60.01. Manaksia Steels has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Manaksia Steels Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Manaksia Steels is entity of India. It is traded as Stock on NSE exchange. The company has 65.53 M outstanding shares. More on Manaksia Steels Limited

Moving together with Manaksia Stock

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Moving against Manaksia Stock

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  0.38RELIANCE Reliance Industries SplitPairCorr

Manaksia Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Manaksia Steels' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Manaksia Steels or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President ExportImportSantosh Agrawal
Thematic IdeaIron (View all Themes)
Business ConcentrationMetals & Mining, Materials, Basic Materials, Iron, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors)
Manaksia Steels' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Manaksia Steels' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Manaksia Steels can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Manaksia Steels' financial leverage. It provides some insight into what part of Manaksia Steels' total assets is financed by creditors.
Liquidity
Manaksia Steels cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Manaksia Steels Limited has accumulated 1.86 B in total debt. Debt can assist Manaksia Steels until it has trouble settling it off, either with new capital or with free cash flow. So, Manaksia Steels' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Manaksia Steels sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Manaksia to invest in growth at high rates of return. When we think about Manaksia Steels' use of debt, we should always consider it together with cash and equity.

End Period Cash Flow

78.02 Million
Manaksia Steels Limited (MANAKSTEEL) is traded on National Stock Exchange of India in India and employs 192 people. Manaksia Steels is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.06 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Manaksia Steels's market, we take the total number of its shares issued and multiply it by Manaksia Steels's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Manaksia Steels operates under Metals & Mining sector and is part of Materials industry. The entity has 65.53 M outstanding shares. Manaksia Steels Limited has accumulated about 35.2 M in cash with (521.5 M) of positive cash flow from operations.
Check Manaksia Steels Probability Of Bankruptcy
Ownership Allocation
Manaksia Steels maintains a total of 65.53 Million outstanding shares. Manaksia Steels Limited secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 74.74 % of Manaksia Steels Limited outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Manaksia Ownership Details

Manaksia Steels Risk Profiles

Although Manaksia Steels' alpha and beta are two of the key measurements used to evaluate Manaksia Steels' performance over the market, the standard measures of volatility play an important role as well.

Manaksia Stock Against Markets

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Manaksia Steels Corporate Management

Elected by the shareholders, the Manaksia Steels' board of directors comprises two types of representatives: Manaksia Steels inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Manaksia. The board's role is to monitor Manaksia Steels' management team and ensure that shareholders' interests are well served. Manaksia Steels' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Manaksia Steels' outside directors are responsible for providing unbiased perspectives on the board's policies.
Bapan DasSenior MarketingProfile
Rajesh SinghaniaChief OfficerProfile
Narayan KabraManager FinanceProfile
Vineet AgrawalChief OfficerProfile
Ajay SharmaCompany OfficerProfile

Additional Tools for Manaksia Stock Analysis

When running Manaksia Steels' price analysis, check to measure Manaksia Steels' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manaksia Steels is operating at the current time. Most of Manaksia Steels' value examination focuses on studying past and present price action to predict the probability of Manaksia Steels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manaksia Steels' price. Additionally, you may evaluate how the addition of Manaksia Steels to your portfolios can decrease your overall portfolio volatility.