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MUKANDLTD

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MUKAND LTD. performance

Today’s low

Today’s high

₹ 99.00 ₹ 103.90
₹ 99.86

52 week low

52 week high

₹ 84.40 ₹ 192.95
₹ 99.86

Open Price

₹ 99.65

Prev. Close

₹ 101.18

Volume (Shares)

111338.00

Total traded value

₹ 111.18

Upper Circuit

₹ 121.41

Lower Circuit

₹ 80.94

info

MUKAND LTD. Share Price Update

As of the latest trading session, MUKAND LTD. share price is currently at ₹ 99.86, which is down by ₹ -1.32 from its previous closing. Today, the stock has fluctuated between ₹ 99.00 and ₹ 103.90. Over the past year, MUKAND LTD. has achieved a return of -45.07 %. In the last month alone, the return has been 6.74 %. Read More...

MUKAND LTD. fundamentals


  • Market cap (Cr)

    1,442.93

  • P/E Ratio (TTM)

    15.43

  • Beta

    1.25

  • Book Value / share

    66.60

  • Return on equity

    11.34%

  • EPS (TTM)

    6.42

  • Dividend yield

    2.00%

  • Net profit/quarter (Cr)

    16.14

info icon alternate text
  • Market cap (Cr)

    1,440.76

  • P/E Ratio (TTM)

    15.43

  • Beta

    1.17

  • Book Value / share

    66.60

  • Return on equity

    11.34%

  • EPS (TTM)

    6.42

  • Dividend yield

    2.00%

  • Net profit/quarter (Cr)

    16.14

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MUKAND LTD. Financials

  • Key Results

  • Key Ratios

  • Balance sheet

  • Cash Flow

  • Competition

info-icon

Revenue

Net income

Particulars DEC 2024 (Values in Cr)
Revenue 1278.17
Operating Expense 1254.70
Net Profit 16.14
Net Profit Margin (%) 1.26
Earnings Per Share (EPS) 1.12
EBITDA 74.22
Effective Tax Rate (%) 46.90
Particulars SEP 2024 (Values in Cr)
Revenue 1301.61
Operating Expense 1275.87
Net Profit 24.65
Net Profit Margin (%) 1.89
Earnings Per Share (EPS) 1.71
EBITDA 78.07
Effective Tax Rate (%) 23.16
Particulars JUN 2024 (Values in Cr)
Revenue 1255.03
Operating Expense 1232.98
Net Profit 22.41
Net Profit Margin (%) 1.78
Earnings Per Share (EPS) 1.55
EBITDA 71.53
Effective Tax Rate (%) 22.18
Particulars MAR 2024 (Values in Cr)
Revenue 1247.20
Operating Expense 1216.55
Net Profit 30.42
Net Profit Margin (%) 2.43
Earnings Per Share (EPS) 2.11
EBITDA 88.14
Effective Tax Rate (%) 31.93
Particulars DEC 2023 (Values in Cr)
Revenue 1186.68
Operating Expense 1170.57
Net Profit 21.33
Net Profit Margin (%) 1.79
Earnings Per Share (EPS) 1.48
EBITDA 69.14
Effective Tax Rate (%) 9.34
Particulars MAR 2024 (Values in Cr)
Revenue 5197.38
Operating Expense 5104.96
Net Profit 103.67
Net Profit Margin (%) 1.99
Earnings Per Share (EPS) 7.17
EBITDA 307.82
Effective Tax Rate (%) 19.11
Particulars MAR 2023 (Values in Cr)
Revenue 5597.83
Operating Expense 6009.20
Net Profit 185.48
Net Profit Margin (%) 3.31
Earnings Per Share (EPS) 12.84
EBITDA 420.63
Effective Tax Rate (%) 4.52
Particulars MAR 2022 (Values in Cr)
Revenue 4607.61
Operating Expense 4610.32
Net Profit 91.62
Net Profit Margin (%) 1.98
Earnings Per Share (EPS) 6.34
EBITDA 272.29
Effective Tax Rate (%) -39.45
Particulars MAR 2021 (Values in Cr)
Revenue 2656.05
Operating Expense 3259.59
Net Profit 46.00
Net Profit Margin (%) 1.73
Earnings Per Share (EPS) 3.25
EBITDA 463.33
Effective Tax Rate (%) 47.60
Particulars MAR 2020 (Values in Cr)
Revenue 2797.51
Operating Expense 3125.21
Net Profit -195.57
Net Profit Margin (%) -6.99
Earnings Per Share (EPS) -13.83
EBITDA 158.92
Effective Tax Rate (%) 23.18
Particulars MAR 2024 (Values in Cr)
Book Value / Share 65.48
ROE % 11.34
ROCE % 10.52
Total Debt to Total Equity 1.62
EBITDA Margin 5.90
Particulars MAR 2023 (Values in Cr)
Book Value / Share 61.00
ROE % -43.17
ROCE % -6.49
Total Debt to Total Equity 2.16
EBITDA Margin -2.13
Particulars MAR 2022 (Values in Cr)
Book Value / Share 51.24
ROE % 8.52
ROCE % 7.36
Total Debt to Total Equity 2.34
EBITDA Margin 5.39
Particulars MAR 2021 (Values in Cr)
Book Value / Share 63.45
ROE % -66.07
ROCE % -7.46
Total Debt to Total Equity 2.47
EBITDA Margin -6.05
Particulars MAR 2020 (Values in Cr)
Book Value / Share 60.60
ROE % 0.00
ROCE % 0.00
Total Debt to Total Equity 2.56
EBITDA Margin 5.64
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 53.21
Total Assets 3046.34
Total Liabilities 3046.34
Total Equity 921.10
Share Outstanding 144495563
Price to Book Ratio 2.27
Return on Assets (%) 3.37
Return on Capital (%) 4.26
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 41.79
Total Assets 3177.81
Total Liabilities 3177.81
Total Equity 853.78
Share Outstanding 144495563
Price to Book Ratio 2.30
Return on Assets (%) 5.40
Return on Capital (%) 7.28
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 209.76
Total Assets 3524.47
Total Liabilities 3524.47
Total Equity 666.46
Share Outstanding 144495563
Price to Book Ratio 2.75
Return on Assets (%) 5.00
Return on Capital (%) 6.52
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 46.36
Total Assets 3237.34
Total Liabilities 3237.34
Total Equity 462.54
Share Outstanding 141405861
Price to Book Ratio 1.31
Return on Assets (%) -6.29
Return on Capital (%) -8.03
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 78.15
Total Assets 4459.89
Total Liabilities 4459.89
Total Equity 670.67
Share Outstanding 141405861
Price to Book Ratio 0.22
Return on Assets (%) -5.37
Return on Capital (%) -7.16
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 51.44
Total Assets 3072.00
Total Liabilities 3072.00
Total Equity 946.32
Share Outstanding 144495563
Price to Book Ratio 2.27
Return on Assets (%) 3.37
Return on Capital (%) 4.26
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 38.96
Total Assets 3182.62
Total Liabilities 3182.62
Total Equity 881.48
Share Outstanding 144495563
Price to Book Ratio 2.30
Return on Assets (%) 5.82
Return on Capital (%) 7.77
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 208.78
Total Assets 3598.44
Total Liabilities 3598.44
Total Equity 740.47
Share Outstanding 144495563
Price to Book Ratio 2.75
Return on Assets (%) 2.54
Return on Capital (%) 3.3
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 35.99
Total Assets 3376.70
Total Liabilities 3376.70
Total Equity 897.33
Share Outstanding 141405861
Price to Book Ratio 1.31
Return on Assets (%) 1.36
Return on Capital (%) 1.69
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 66.99
Total Assets 4409.00
Total Liabilities 4409.00
Total Equity 857.02
Share Outstanding 141405861
Price to Book Ratio 0.22
Return on Assets (%) -4.43
Return on Capital (%) -5.89
Particulars MAR 2024 (Values in Cr)
Net Income 126.83
Cash from Operations 66.78
Cash from Investing 99.04
Cash from Financing -152.33
Net change in Cash 11.65
Free Cash Flow 119.40
Particulars MAR 2023 (Values in Cr)
Net Income 178.78
Cash from Operations 113.21
Cash from Investing 618.82
Cash from Financing -727.67
Net change in Cash -2.94
Free Cash Flow 174.17
Particulars MAR 2022 (Values in Cr)
Net Income 141.06
Cash from Operations -88.92
Cash from Investing 279.50
Cash from Financing -165.90
Net change in Cash 11.79
Free Cash Flow 156.24
Particulars MAR 2021 (Values in Cr)
Net Income -101.29
Cash from Operations -347.75
Cash from Investing 1345.46
Cash from Financing -997.11
Net change in Cash 19.89
Free Cash Flow -341.34
Particulars MAR 2020 (Values in Cr)
Net Income -246.68
Cash from Operations 153.54
Cash from Investing 11.58
Cash from Financing -158.89
Net change in Cash 2.19
Free Cash Flow 175.70
Particulars MAR 2024 (Values in Cr)
Net Income 128.17
Cash from Operations 78.98
Cash from Investing 101.52
Cash from Financing -165.47
Net change in Cash 12.66
Free Cash Flow 128.69
Particulars MAR 2023 (Values in Cr)
Net Income 194.27
Cash from Operations 178.63
Cash from Investing 557.70
Cash from Financing -736.29
Net change in Cash -4.74
Free Cash Flow 243.22
Particulars MAR 2022 (Values in Cr)
Net Income 65.70
Cash from Operations -92.03
Cash from Investing 338.00
Cash from Financing -212.43
Net change in Cash 20.65
Free Cash Flow 102.60
Particulars MAR 2021 (Values in Cr)
Net Income 87.79
Cash from Operations -278.89
Cash from Investing 1352.56
Cash from Financing -1071.49
Net change in Cash 18.93
Free Cash Flow -263.53
Particulars MAR 2020 (Values in Cr)
Net Income -254.60
Cash from Operations 122.63
Cash from Investing 15.59
Cash from Financing -136.35
Net change in Cash 0.14
Free Cash Flow 142.09
Company Name Price P/E P/B Market Cap 52 Week Low/High
KALYANI STEELS LIMITED 708.10 12.51 1.84 3091.07 652.90 / 1278.90
SURYA ROSHNI LTD 265.00 18.00 2.54 5767.35 205.30 / 371.30
TATA STEEL LIMITED 141.45 58.21 1.99 176579.49 122.60 / 184.60
ZENITH STEEL PIP IND LTD 6.67 12.58 -0.36 94.90 5.71 / 15.45
Company Name Price P/E P/B Market Cap 52 Week Low/High
KALYANI STEELS LIMITED 708.10 13.08 1.75 3091.07 652.90 / 1278.90
ORISSA SPONGE IRON & STEEL LTD 219.40 0.00 -3.51 653.59 0.00 / 0.00
PRAKASH INDUSTRIES LTD 177.60 9.00 1.00 3180.49 132.50 / 237.25
SURYA ROSHNI LTD 265.00 17.89 2.54 5767.35 205.30 / 371.30

MUKAND LTD. Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
99.86 -1.30 redarrow
red-green-graph indicator
7 Bearish
9 Bullish
  • 5 Days 100.60
  • 26 Days 97.90
  • 10 Days 99.80
  • 50 Days 100.40
  • 12 Days 99.30
  • 100 Days 110.10
  • 20 Days 98.20
  • 200 Days 125.10
100.97 PIVOT

First Support

99.59

First Resistance

102.56

Second Support

98.00

Second Resistance

103.94

Third Support

96.62

Third Resistance

105.53

RSI

56.12

ADX

15.99

MACD

1.46

Williams % R

-28.57

Commodity Channel Index (CCI)

86.45

Date

2025-04-29

Week

92008.00

Same Day

34268.00

Month

61371.00

1 Year

1.26

3 Year

1.23

Over 1 Month

6.74%

down

Over 1 Year

-45.07%

down

Over 3 Months

-8.33%

down

Over 3 Years

-8.99%

down

Over 6 Months

-29.67%

down

Over 5 Years

40.31%

down

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MUKAND LTD. shareholding pattern

  • Shareholding Summary

  • Historical Promotor Holding

  • Historical MF Holding

  • Historical FII Holding

Holding

Others
23.92%
Promoter Holdings
74.7%
FII
0.27%
DII
1.09%
Promoter Shares(Pledge Percentage)
0.0%
Name Shares Category
Jamnalal Sons Private Limited 2.8780252E7 (19.92%) Shareholding of Promoter and Promoter Group
Baroda Industries Private Limited 1.8336482E7 (12.69%) Shareholding of Promoter and Promoter Group
Bachhraj & Co Private Limited 1.4956818E7 (10.35%) Shareholding of Promoter and Promoter Group
Bajaj Sevashram Private Limited 1.3893343E7 (9.62%) Shareholding of Promoter and Promoter Group
Niraj Bajaj 1.1945461E7 (8.27%) Shareholding of Promoter and Promoter Group
Bajaj Holdings And Investment Ltd 8134333.0 (5.63%) Shareholding of Promoter and Promoter Group
Bachhraj Factories Private Limited 7016015.0 (4.86%) Shareholding of Promoter and Promoter Group
Siddhant Commercials Private Limited 3579056.0 (2.48%) Public Shareholding
Sanraj Nayan Investments Private Limited 2244898.0 (1.55%) Shareholding of Promoter and Promoter Group
Lici Asm Non Par 1578933.0 (1.09%) Public Shareholding
Shekhar Bajaj 711596.0 (0.49%) Shareholding of Promoter and Promoter Group
# Manish Santoshkumar Kejriwal 288137.0 (0.2%) Shareholding of Promoter and Promoter Group
Kumud Bajaj (a/c Neelima Bajaj Family Trust) 238711.0 (0.17%) Shareholding of Promoter and Promoter Group
Madhur Bajaj (a/c Nimisha Bajaj Family Trust) 238711.0 (0.17%) Shareholding of Promoter and Promoter Group
Minal Bajaj 199404.0 (0.14%) Shareholding of Promoter and Promoter Group
Sanjivnayan Bajaj (a/c Siddhant Family Trust) 143384.0 (0.1%) Shareholding of Promoter and Promoter Group
Sanjivnayan Bajaj (a/c Sanjali Family Trust) 143384.0 (0.1%) Shareholding of Promoter and Promoter Group
Niraj Holdings Private Limited 151384.0 (0.1%) Shareholding of Promoter and Promoter Group
Sameer Narendra Shah 105836.0 (0.07%) Shareholding of Promoter and Promoter Group
Kumud Bajaj (a/c Madhur Nimisha Family Trust) 50000.0 (0.03%) Shareholding of Promoter and Promoter Group
Kumud Bajaj(madhur Neelima Family Trust) 50000.0 (0.03%) Shareholding of Promoter and Promoter Group
Madhur Bajaj (a/c Kumud Nimisha Family Trust) 50000.0 (0.03%) Shareholding of Promoter and Promoter Group
Madhur Bajaj (a/c Kumud Neelima Family Trust) 50000.0 (0.03%) Shareholding of Promoter and Promoter Group
Niraj Bajaj (a/c Niravnayan Trust) 27604.0 (0.02%) Shareholding of Promoter and Promoter Group
Vanraj Anant Bajaj 29127.0 (0.02%) Shareholding of Promoter and Promoter Group
Pooja Bajaj 29127.0 (0.02%) Shareholding of Promoter and Promoter Group
Kiran Bajaj 29127.0 (0.02%) Shareholding of Promoter and Promoter Group
Kumud Bajaj 19711.0 (0.01%) Shareholding of Promoter and Promoter Group
Madhur Bajaj 20462.0 (0.01%) Shareholding of Promoter and Promoter Group
Anjana Viren Shah (nee Anjana Munsif) 11634.0 (0.01%) Shareholding of Promoter and Promoter Group
Bajaj Trading Co (shekhar Bajaj As Partner) 0.0 (0.0%) Shareholding of Promoter and Promoter Group
Jeewan Limited 0.0 (0.0%) Shareholding of Promoter and Promoter Group
Sidya Investments Limited 6692.0 (0.0%) Shareholding of Promoter and Promoter Group
Shekhar Holdings Pvt Ltd 7000.0 (0.0%) Shareholding of Promoter and Promoter Group
Rupa Equities Private Limited 7000.0 (0.0%) Shareholding of Promoter and Promoter Group
Rahul Securities Pvt Ltd 7000.0 (0.0%) Shareholding of Promoter and Promoter Group
Madhur Securities Private Limited 7000.0 (0.0%) Shareholding of Promoter and Promoter Group
Kamalnayan Investments And Trading Private Limited 7000.0 (0.0%) Shareholding of Promoter and Promoter Group
Rajivnayan Bajaj 0.0 (0.0%) Shareholding of Promoter and Promoter Group
Niravnayan Bajaj 1154.0 (0.0%) Shareholding of Promoter and Promoter Group
Sanjivnayan Bajaj 1794.0 (0.0%) Shareholding of Promoter and Promoter Group
Suman Jain 4069.0 (0.0%) Shareholding of Promoter and Promoter Group

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MUKAND LTD. corporate actions

  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
28 Jul 2023 2.0 Final 28 Jul 2023 Equity shares
28 Jul 2022 1.5 Final 29 Jul 2022 Equity shares
08 Sep 2021 1.0 Final 10 Sep 2021 Equity shares
14 Jul 2011 1.0 Final 16 Jul 2011 Equity shares
08 Jul 2010 1.0 Final 10 Jul 2010 Equity shares
11 Jul 2008 1.0 Final 15 Jul 2008 Equity shares
28 Jun 2007 1.0 Final 02 Jul 2007 Equity shares
Ex-Date Ex-Bonus Ratio
[-] [-] [-]
Ex-Date Old FV NEW FV Record Date
[-] [-] [-] [-]
  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
28 Jul 2023 2.0 Final 28 Jul 2023 Equity shares
28 Jul 2022 1.5 Final 29 Jul 2022 Equity shares
08 Sep 2021 1.0 Final 10 Sep 2021 Equity shares
14 Jul 2011 1.0 Final 16 Jul 2011 Equity shares
08 Jul 2010 1.0 Final 10 Jul 2010 Equity shares
11 Jul 2008 1.0 Final 15 Jul 2008 Equity shares
28 Jun 2007 1.0 Final 02 Jul 2007 Equity shares
Ex-Date Ex-Bonus Ratio
[-] [-] [-]
Ex-Date Old FV NEW FV Record Date
[-] [-] [-] [-]

MUKAND LTD. Share Price

Mukand Limited incorporated on 29 November, 1937 at Mumbai, mainly deals in manufacture of special alloy steel / stainless steel, billets, bars, rods, wire rods, EOT cranes, material handling equipment and other industrial machinery, construction/ erection services and comprehensive engineering services. The Company is a leading supplier of alloy steel to the automobile and auto component industry and a leader in the manufacture of high grade stainless steel in India. With manufacturing facilities in both Dighe, Thane - Maharashtra and Ginigera, Karnataka, Mukand produces hundreds of grades of steel long products in the form of wire rods, bars, wires and bright bars.

Mukand Holdings Pvt Ltd was incorporated as an investment company and became as a subsidiary of Mukand in the year 1979, also became as a public limited company with effect from 30th June of the same year 1979. Ladle refining furnace and the vacuum degassing station of the company were successfully commissioned in the year 1983. The Research & Development (R&D) division of the company was formulated in January of the year 1984 to bailout the company's growth. Basic engineering package was received from BBC Brown Boveri, Switzerland and the whole project was implemented during the year 1986. The R&D unit of the company had designed and installed a pilot plant in the year 1987 for production of larger quantities of coloured stainless steel components. The oxygen top and bottom blown converter was installed. The dust collection system was also installed and commissioned during the period of 1988. In 1989, Mukand Dravo Wellman Pvt Ltd became a subsidiary of the company. During the year 1991, orders were received from SAIL for supply of Oxygen furnace equipment for its Rourkela steel plant modernisation project.

The Machine Building division of the company had received preliminary acceptance certificate in the year 1992 for successful commissioning of 11,000 TPA of equipment for medium merchant and structural mill project of Visakhapatnam steel plant. In order to concentrate on the main business, the company transferred the business of Engineering Construction Division to Mukand Engineers Ltd in the year 1993. The Rolling Mill division of Mukand was set up and commissioned solution annealing furnaces and related downstream facilities in the year of 1995 for coil finishing. Mukand Industrial Machinery Ltd became a wholly owned subsidiary of the company with effect from 31st March of the same year 1995. The Company had entered into technical know-how agreement in the year 1996 with a leading Japanese consultancy firm which would study the company's operations and would implement know-how include training of personnel by the Japanese.

During the year 1999, Mukand had developed a series of innovative technological processes to cope with the current slump in the industry. The Company, Satyam Infoway and M K J Enterprises had entered into a joint venture agreement in 2000 to launch a new company for an e-commerce global portal or web marketplace for steel trading. During the year 2003, the company became as potentially sick industrial company, after two years, Mukand was ceased to be a potentially sick industrial company in the year 2005.In December of the year 2005, the steel plant in Dighe, Thane was awarded the Total Productive Maintenance (TPM) excellence award by the Japan Institute of Plant Maintenance. During the year 2006-07, the company for the first time manufactured and supplied a 500 ton capacity EOT crane, 100 ton hammer head crane and a 30 ton electric level luffing crane under Industrial Machinery Division.

Mukand had inked an agreement with NV Bekaert SA, Belgium in September of the year 2007 to form joint venture (JV) company for produce stainless steel wires in India for global markets. The Company had secured worth of Rs 1.54 billion order from SAIL-IISCO in December of the year 2007 for the process of expanding its capacity at Burnpur in West Bengal. Mukand had signed a joint venture agreement with Vini Iron & Steel Udyog in September of the year 2008 to undertake captive mining of coal block in the State of Jharkhand. The Company plans to set up a stainless steel wire manufacturing facility near Nashik with total investment of Rs 3 billion.

During 2011, the Company increased its heat treatment and quality assurance facilities at its steel plant at Dighe, Thane. It installed a 15 mega watt captive power plant based on waste gases emitted from the mini blast furnace at the Steel Plant at Ginigera, Karnataka, which commissioned in May, 2011. The Sinter Plant was commissioned in December 2012.

The Board on March 27, 2017 had approved Scheme of Arrangement and Amalgamation amongst the Company, Mukand Vijayanagar Steel Limited (MVSL) and Mukand Alloy Steels Private Limited (MASPL) and their respective Shareholders and Creditors for transfer of its Alloy Steel Rolling & Finishing business from the Appointed Date of the Scheme, 1st January 2017.

In January 2017, Company transferred its alloy steel rolling and finishing business to a new Company, Mukand Alloy Steel Limited, from Appointed date, 1st January 2017, a wholly owned subsidiary of Company. In May 2018, Japan's Sumitomo Corporation, a Fortune 500 Company, subscribed 49% of the equity of Mukand Alloy Steel Ltd which is rechristened as Mukand Sumi Special Steel Ltd. (MSSSL).

On 16th July 2018, the Board of Directors of Company, approved the Scheme of Amalgamation between Adore Traders and Realtors
Private Limited, a wholly owned subsidiary of Mukand Global Finance Limited (MGFL) with the Parent Company, MGFL followed by the amalgamation of MGFL and Mukand Engineers Limited (MEL) with the Company from the Appointed Date of the Scheme, 1st April, 2019.

During March 2020, Company divested 9.07% of Equity Share Capital held by it in Mukand Sumi Metal Processing Ltd., (MSMPL) to its Joint Venture partner Sumitomo Corporation, Japan, and accordingly the Company holds 51% in the equity capital of MSMPL.

The Board of Directors of MSMPL and MSSSL have approved demerger of alloy steel business of MSMPL into MSSSL as a going concern pursuant to a proposed Scheme of Arrangement amongst MSMPL, MSSSL and their respective shareholders and creditors from the Appointed Date of the Scheme, 1st April, 2020.

During 2022, the Company disposed off balance 21% of equity stake held by the Company in Mukand Sumi Special Steel Ltd, a Joint Venture of the Company to Jamnalal Sons Private Ltd., an entity belonging to the Promoter Group of the Company for a total consideration of Rs.499.53 crore.

During 2022, the Company developed micro alloyed steel with high vanadium for connecting rod applications and boron micro alloyed steel with specific end quenched hardenability used for crank pins; developed ASTM A 350 LF 2 and LF 6 alloy steel grades in heavy rounds developed for flanges used in the Oil and Gas industries. The stainless steel division developed martensitic stainless steel grade 410L with low Carbon for ribbed bars used in the construction industry. The Company replaced its Vaccum Oxygen Decarburising vessel that was installed in the year 1988 with a new one; also replaced the 132 kv transmission tower.

The National Company Law Tribunal vide its order pronounced on April 29, 2022 has sanctioned the Scheme of Amalgamation amongst Adore Traders and Realtors Private Limited, a wholly owned subsidiary of Mukand Global Finance Limited (MGFL) with the parent company MGFL, followed by the amalgamation of MGFL and Mukand Engineers Limited with the Company was filed with the Registrar of Companies on May 31, 2022, accordingly the Scheme of Amalgamation became effective from May 31, 2022.

In 2023-24, Company incorporated Mukand Heavy Engineering Limited (MHEL) as its 99.90% subsidiary on December 15, 2023 to carry out business in the field of Industrial Machinery and Gear Box Manufacturing.

Parent organization Bajaj
NSE symbol MUKANDLTD
Founded 1937
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Frequently Asked Questions

What is the Share Price of Mukand Ltd?

Answer Field

The share price of Mukand Ltd for NSE is ₹ 99.86 and for BSE is ₹ 99.71.

What is the Market Cap of Mukand Ltd?

Answer Field

The market cap of Mukand Ltd for NSE is ₹ 14,42.93 Cr. and for BSE is ₹ 14,40.76 Cr. as of now.

What is the 52 Week High and Low of Mukand Ltd?

Answer Field

The 52 Week High and Low of Mukand Ltd for NSE is ₹ 188.65 and ₹ 84.40 and for BSE is ₹ 188.80 and ₹ 84.64.

How to Buy Mukand Ltd share?

Answer Field

You can trade in Mukand Ltd shares with Bajaj Broking by opening a Demat Account.

What is 1 year return for Mukand Ltd?

Answer Field

The 1 year returns on the stock has been -45.38%.

What is the Current Share Price of Mukand Ltd?

Answer Field

Mukand Ltd share price is for NSE ₹ 99.86 & for BSE ₹ 99.71 as on Apr 30 2025 03:30 PM.

What is the Market Cap of Mukand Ltd Share?

Answer Field

The market cap of Mukand Ltd for NSE ₹ 14,42.93 & for BSE ₹ 14,40.76 as on Apr 30 2025 03:30 PM.

What is the P/E Ratio of Mukand Ltd Share?

Answer Field

As on Apr 30 2025 03:30 PM the price-to-earnings (PE) ratio for Mukand Ltd share is 15.43.

What is the PB ratio of Mukand Ltd Share?

Answer Field

As on Apr 30 2025 03:30 PM, the price-to-book (PB) ratio for Mukand Ltd share is 66.60.

How to Buy Mukand Ltd Share?

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You can trade in Mukand Ltd shares with Bajaj Broking by opening a demat account.

How to Buy Mukand Ltd Share on Bajaj Broking App?

Answer Field

To buy Mukand Ltd shares on the Bajaj Broking app, follow these steps:

• Login to the Bajaj Broking App

• Click on the Search Icon

• Search “Mukand Ltd”

• Click on the BUY icon

• Place a buy order specifying the desired quantity of shares.

• Click BUY again to complete the purchase

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