SSelectStock

MANAKSTEELManaksia Steels Limited

Metals · Steel · NSE · as of 2026-09-15 (delayed ~30 min in market hours)

Manaksia Steels Limited manufactures and sells secondary steel products in India and internationally. The company offers cold rolled sheets used for interior and exterior panels of automobiles, buses, and commercial vehicles; galvanized corrugated sheets applied in rural housing and factory buildings; galvanized plain sheets used in manufacturing containers and water tanks; and pre-painted galvanized coils and sheets for construction and architectural work, such as roofing, cladding, and paneling. In addition, the company offers hot dipped galvanized steel sheets and coils used in building materials, automobiles, white good industry, and electronics appliances, as well as offers color coated sheets and coils. Further, it provides prepainted profile, galvanised corrugated, and galvalume (Alu Zinc) coils and sheets. the company was incorporated in 2001 and is based in Kolkata, India.

112.02
5.00%
75Strong

Mkt Cap
₹734 Cr
P/E
13.1
P/B
2.3
Div Yield
0.00%
52W High
₹120.76
52W Low
₹45.11

Price & Volume

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Key Ratios

Market Cap (₹ cr)734.00
P/E13.09
P/B2.27
PEG0.05
ROE %12.20
ROCE %13.80
Debt / Equity0.46
EPS8.56
Revenue Growth %50.60
Profit Growth %249.50
Dividend Yield %0.00
Promoter Holding %74.75
FII Holding %0.00
DII Holding %
Beta0.49

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on MANAKSTEEL — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

BUYConviction 70%

Why buy

  • Revenue growth: 50.6% YoY
  • Profit growth: 249.5% YoY
  • Debt/Equity: 0.46
  • RSI: 67
  • MACD: bullish
  • Price vs EMA21: above

Bull case

  • Revenue growth: 50.6% YoY
  • Profit growth: 249.5% YoY
  • Debt/Equity: 0.46
  • RSI: 67

Bear case

  • Dividend yield: 0.00%
  • Volume: 0.3x 20-day average
  • Sector momentum: sector -0.9% (1m)
  • Volatility: 56% annualized

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Dividend yield: 0.00%
  • Volume: 0.3x 20-day average

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹112.02
Stop Loss
₹98.52
risk 12%
Target 1 (1.5R)
₹132.27
+18.1%
Target 2 (3R)
₹152.51
+36.1%
Support (20d)
₹85.00
Resistance (52w)
₹120.76
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹13.50/share
ATR (volatility)
₹5.40
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹5.40). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental81
Technical78
Momentum92
Risk (safety)30

Peers — Metals

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WELCORP 9.84%
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