Narmadesh Brass

Why is Narmadesh Brass Industries Ltd falling/rising?

As of 03-Aug, the stock price of Narmadesh Brass Industries Ltd is Rs 294.00, unchanged from the previous day but down -5.08% over the last two days. The stock has underperformed its sector and shows signs of short-term weakness despite increased investor participation.

As of 03-Aug, the stock price of Narmadesh Brass Industries Ltd is currently at Rs 294.00, showing no change from the previous day. However, the stock has been experiencing a downward trend, having fallen consecutively for the last two days, resulting in a total decline of -5.08% during this period. Today, the stock opened with a loss of -4.85%, reaching an intraday low of Rs 294, indicating a significant drop in value.<BR><BR>In terms of performance relative to the market, the stock has underperformed its sector by -5.66% today and has seen a decline of -10.24% over the past month, while the benchmark Sensex has increased by +1.13% in the same timeframe. This underperformance is further highlighted by the fact that the stock has not traded on 2 out of the last 20 days, suggesting erratic trading behavior.<BR><BR>Despite these negative indicators, there has been a rise in investor participation, with a delivery volume increase of 18.06% against the 5-day average. However, this increase in participation has not been enough to counteract the overall downward movement in the stock price. The stock is currently trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages, which may indicate a short-term weakness.<BR><BR>In summary, the combination of recent consecutive declines, poor performance relative to the sector, and erratic trading patterns are contributing to the falling stock price of Narmadesh Brass Industries Ltd.

Which are the latest news on Narmadesh Brass?

What does Narmadesh Brass do?

Narmadesh Brass Industries Ltd, a Micro Cap company established in 2019 and converted to a Public Limited Company in 2023, operates in the Other Industrial Products sector with no reported revenue or profit. Its market cap is INR 102 Cr, with a P/E ratio of 29.00 and a debt-equity ratio of 0.20.

Overview: <BR>Narmadesh Brass Industries Ltd operates in the Other Industrial Products sector and is categorized as a Micro Cap company.<BR><BR>History: <BR>Narmadesh Brass Industries Ltd was originally established as a Partnership Firm named "M/s. Narmada Brass Industries" on August 29, 2019. It was subsequently converted into a Public Limited Company on October 30, 2023, as per the Certificate of Incorporation issued by the Registrar of Companies, Central Registration Centre. There is no revenue or profit data reported for any quarter.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 102 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 29.00 <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.20 <BR>Return on Equity: 6.67% <BR>Price-to-Book: 1.98<BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: Not available. <BR>Email: Not available. <BR>Website: Not available.

How big is Narmadesh Brass?

As of 10th June, Narmadesh Brass Industries Ltd has a market capitalization of 102.00 Cr, classifying it as a Micro Cap company, with Shareholder's Funds of 14.64 Cr and Total Assets of 59.59 Cr; however, there is no valid financial data available for Net Sales and Net Profit for the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Narmadesh Brass Industries Ltd has a market capitalization of 102.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The latest reporting period is March 2025, with Shareholder's Funds amounting to 14.64 Cr and Total Assets totaling 59.59 Cr.

Who are the peers of the Narmadesh Brass?

Narmadesh Brass's peers include Alphalogic Indu, Expo Engineering, W H Brady, Mauria Udyog, Siyaram Recycli., Gabriel Pet, Delta Manufact., Welcast Steels, Beardsell, and Sellowrap Indus, with varying management risks and growth rates. Alphalogic Indu shows the highest 1-year return at 16.26%, while W H Brady has the lowest at -37.57%.

Peers: The peers of Narmadesh Brass are Alphalogic Indu, Expo Engineering, W H Brady, Mauria Udyog, Siyaram Recycli., Gabriel Pet, Delta Manufact., Welcast Steels, Beardsell, Sellowrap Indus.<BR><BR>Quality Snapshot: Excellent management risk is observed at Alphalogic Indu, while Average management risk is found at Mauria Udyog, Siyaram Recycli., Beardsell, and Sellowrap Indus. Below Average management risk is present at Expo Engineering, W H Brady, Gabriel Pet, Delta Manufact., and Welcast Steels. For growth, Excellent growth is noted at Alphalogic Indu and Gabriel Pet, Good growth is seen at Siyaram Recycli. and Sellowrap Indus, while Average growth is found at Mauria Udyog and Beardsell. Below Average growth is observed at Expo Engineering, W H Brady, Delta Manufact., and Welcast Steels. In terms of capital structure, Excellent capital structure is noted at W H Brady, Good capital structure is seen at Alphalogic Indu, Gabriel Pet, and Welcast Steels, while Average capital structure is found at Sellowrap Indus and Below Average capital structure is present at Expo Engineering, Mauria Udyog, Siyaram Recycli., Delta Manufact.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Alphalogic Indu at 16.26%, while the peer with the lowest 1-year return is W H Brady at -37.57%. Narmadesh Brass's 1-year return is not available for comparison. Additionally, the peers with negative six-month returns include W H Brady, Mauria Udyog, Siyaram Recycli., Gabriel Pet, Delta Manufact., and Welcast Steels.

When is the next results date for Narmadesh Brass Industries Ltd?

The next results date for Narmadesh Brass Industries Ltd is 25 May 2026.

The next results date for Narmadesh Brass Industries Ltd is scheduled for 25 May 2026.