Share Price | Narmadesh Brass Industries Ltd Stock Analysis & Recommendation

Q: Why is Narmadesh Brass Industries Ltd falling/rising?

As of 05-May, Narmadesh Brass Industries Ltd is experiencing a decline in its stock price, currently at 256.20, which reflects a change of -13.45 (-4.99%). The stock has been underperforming, having fallen for three consecutive days, resulting in a total decline of -12.56% during this period. Today, it opened with a loss of -4.99% and reached an intraday low of Rs 256.20, indicating a significant drop in value.In comparison to the benchmark Sensex, which has increased by +0.17% over the past week, Narmadesh Brass Industries Ltd has seen a substantial decline of -9.79% in the same timeframe. Additionally, the stock's performance today has underperformed its sector by -4.74%. The delivery volume has also decreased significantly, with a -72.6% drop compared to the 5-day average, suggesting a lack of investor interest and participation.Despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, the stock is lower than its 5-day moving average, indicating a short-term weakness. Overall, the combination of consecutive declines, poor performance relative to the sector and benchmark, and falling investor participation are contributing to the downward trend in the stock price of Narmadesh Brass Industries Ltd.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

240.0 (-91.38%) Volume

Shareholding (Mar 2026)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

71.84%

Why is Narmadesh Brass Industries Ltd falling/rising?

06-May-2026

As of 05-May, Narmadesh Brass Industries Ltd is facing a significant decline in its stock price, currently at 256.20, down 4.99%. The stock has underperformed compared to the benchmark Sensex and its sector, with a notable drop in investor interest.

View full answer

Which are the latest news on Narmadesh Brass?

06-May-2026

No latest news for Narmadesh Brass found.

Compare Narmadesh Brass with Similar Stocks

Sellowrap Indus.Siyaram Recycli.Beardsell

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Unrated Stock - No Analysis Available

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Other Industrial Products

Market cap

INR 75 Cr (Micro Cap)

P/E

13.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

1.69

Return on Equity

39.08%

Price to Book

5.43

Revenue and Profits:

Net Sales:

(Quarterly Results - )

Net Profit:

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

12.55%

6 Months

0.0%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

Narmadesh Brass for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

No Recent News for the Company

Announcements

Announcement Under Regulation 30 (LODR) Update (Reply To Clarification On Price Movement Sought By BSE Limited)

20-Apr-2026 | Source : BSE

Reply to clarification on Price Movcemenr Sought by BSE Limited.

Clarification sought from Narmadesh Brass Industries Ltd

16-Apr-2026 | Source : BSE

The Exchange has sought clarification from Narmadesh Brass Industries Ltd on April 16 2026 with reference to significant movement in price in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded.

The reply is awaited.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

13-Apr-2026 | Source : BSE

Compliances- Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

EBIT Growth (5y)

EBIT to Interest (avg)

5.69

Debt to EBITDA (avg)

2.44

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

3.86

Tax Ratio

19.78%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

25.60%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

5.16

EV to EBIT

12.14

EV to EBITDA

11.13

EV to Capital Employed

2.55

EV to Sales

1.14

PEG Ratio

Dividend Yield

ROCE (Latest)

20.97%

ROE (Latest)

39.08%

Technicals key factors

Indicator

Weekly

Monthly

MACD

RSI

No Signal

Bollinger Bands

KST

Dow Theory

Mildly Bullish

OBV

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Sprayking Limited (51.6%)

Highest Public shareholder

Shashank Pravinchandra Doshi (2.14%)

Individual Investors Holdings

25.14%

Financial

[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "alert": "No Quarterly Results declared by Narmadesh Brass"
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "34.18",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.21",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Interest",
          "val1": "0.80",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "4.01",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "18.17%",
          "val2": "NA%",
          "chgp": "NA",
          "chgp_class": "neutral"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "alert": "No Nine Monthly Results declared by Narmadesh Brass"
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "87.72",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "9.00",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Interest",
          "val1": "1.45",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "5.72",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.26%",
          "val2": "NA%",
          "chgp": "NA",
          "chgp_class": "neutral"
        }
      ]
    }
  }
]

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Change(%)

Net Sales

34.18

Operating Profit (PBDIT) excl Other Income

6.21

Interest

0.80

Exceptional Items

0.00

Standalone Net Profit

4.01

Operating Profit Margin (Excl OI)

18.17%

NA%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Results

Annual Results Snapshot (Standalone) - Mar'25

Mar'25

Change(%)

Net Sales

87.72

Operating Profit (PBDIT) excl Other Income

9.00

Interest

1.45

Exceptional Items

0.00

Standalone Net Profit

5.72

Operating Profit Margin (Excl OI)

10.26%

NA%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Annual Results

Company CV

About Narmadesh Brass Industries Ltd

Narmadesh Brass Industries Ltd

Micro Cap

Other Industrial Products

Narmadesh Brass Industries Limited was originally formed as a Partnership Firm with the Registrar of Firm, Jamnagar in the name and style of "M/s. Narmada Brass Industries", pursuant to a Deed of Partnership entered on August 29, 2019. Further the Partnership Firm "M/s. Narmada Brass industries" was converted into Public Limited Company "Narmadesh Brass Industries Limited" vide Certificate of Incorporation dated October 30, 2023 by Registrar of Companies, Central Registration Centre.

Company Coordinates

No Company Details Available