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503015 - Modern India Share Price

₹40.95 2.0  5.0%

Last Trade - 18/09/20

Sector
Industrials
Size
Micro Cap
Market Cap £16.1m
Enterprise Value £17.1m
Revenue £15.5m
Position in Universe 1384th / 3004
Bullish
Bearish
Unlock 503015 Revenue
Momentum
Relative Strength (%)
1m -20.9%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -64.0%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
2,130 1,699 2,412 1,344 1,916 1,774 -3.6%
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 30 June 2020, Modern India Ltd revenues decreased 66% to RS150.1M. Net income totaled RS11.3M vs. loss of RS26M. Revenues reflect Trading segment decrease of 69% to RS121.3M, Background Check Services segment decrease of 44% to RS25.8M. Net Income reflects Other Expenses decrease of 43% to RS22M (expense), Employee benefit expense decrease of 17% to RS36M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
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Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

503015 Revenue Unlock 503015 Revenue

Net Income

503015 Net Income Unlock 503015 Revenue

Normalised EPS

503015 Normalised EPS Unlock 503015 Revenue

PE Ratio Range

503015 PE Ratio Range Unlock 503015 Revenue

Dividend Yield Range

503015 Dividend Yield Range Unlock 503015 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
503015 EPS Forecasts Unlock 503015 Revenue
Profile Summary

Modern India Limited (MIL) is an India-based holding company. The Company's segments include Trading, which is engaged in the trading of various products and commodities; Real Estate, which is engaged in property development and carrying on business or activities in real estate business of various type; Generation of Renewable Energy, and Background Check Services. The Company has various business verticals, including real estate and infrastructure development, offering business center facilities, power generation, background verification, commodities trading, international procurement solutions and services, and vocational training. The Company's subsidiaries include Modern International (Asia) Limited (MIAL), Modern India Property Developers Limited (MIPDL), Modern India Free Trade Warehousing Private Limited (MIFTWPL) and Verifacts Services Private Limited.

Directors
Last Annual March 31st, 2020
Last Interim June 30th, 2020
Incorporated October 24, 1933
Public Since April 10, 1995
No. of Shareholders: 1,920
No. of Employees: 29
Sector Industrials
Industry Diversified Trading & Distributing
Index
Exchange Bombay Stock Exchange
Shares in Issue 37,543,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
503015 Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for 503015
Upcoming Events for 503015
Frequently Asked Questions for Modern India
What is the Modern India share price?

As of 18/09/20, shares in Modern India are trading at ₹40.95, giving the company a market capitalisation of £16.1m. This share price information is delayed by 15 minutes.

How has the Modern India share price performed this year?

Shares in Modern India are currently trading at ₹40.95 and the price has moved by -42.53% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Modern India price has moved by -46.55% over the past year.

What are the analyst and broker recommendations for Modern India?

There are no analysts currently covering Modern India.

When will Modern India next release its financial results?

Modern India is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Modern India dividend yield?

Modern India does not currently pay a dividend.

Does Modern India pay a dividend?

Modern India does not currently pay a dividend.

When does Modern India next pay dividends?

Modern India does not currently pay a dividend.

How do I buy Modern India shares?

To buy shares in Modern India you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Modern India?

Shares in Modern India are currently trading at ₹40.95, giving the company a market capitalisation of £16.1m.

Where are Modern India shares listed? Where are Modern India shares listed?

Here are the trading details for Modern India:

Country of listing: India
Exchange: BSE
Ticker Symbol: 503015
What kind of share is Modern India?

Based on an overall assessment of its quality, value and momentum, Modern India is currently classified as a Sucker Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Modern India share price forecast 2020?

We were not able to load any forecast data for Modern India.

How can I tell whether the Modern India share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Modern India. Over the past six months, the relative strength of its shares against the market has been -53.03%. At the current price of ₹40.95, shares in Modern India are trading at -36.24% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Modern India PE Ratio?

We were not able to find PE ratio data for Modern India.

Who are the key directors of Modern India?

Modern India's management team is headed by:

Vijay Jatia - CHM
Anand Didwania - NID
Pradip Bubna - NED
Gauri Jatia - NED
Shivkumar Israni - NID
Parind Badshah - CCO
Kaiwan Kalyaniwalla - NID
Nawalkishore Deora - CFO
Who are the major shareholders of Modern India?

Here are the top five shareholders of Modern India based on the size of their shareholding:

Shree Rani Sati Investment and Finance Ltd Corporation
Percentage owned: 22.11% (8.30m shares)
Sarat Leasing & Finance, Ltd. Corporation
Percentage owned: 20.53% (7.71m shares)
F Pudumjee Investment Co., Ltd. Corporation
Percentage owned: 15.37% (5.77m shares)
LTS Investment Fund, Ltd. Corporation
Percentage owned: 4.83% (1.81m shares)
Rogers Asset Management Ltd Investment Advisor
Percentage owned: 4.7% (1.77m shares)
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