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Modern Converters

₹34.55
0.00 (0.00%) 1D
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Performance

Open
34.00
Prev. Close
34.55
Volume
41,311
Total traded value
0.14 Cr
Upper Circuit
38.00
Lower Circuit
31.10

Fundamentals

Market Cap₹53Cr
ROE17.28%
P/E Ratio(TTM)5.08
EPS(TTM)6.80
P/B Ratio0.88
Dividend Yield0.00%
Industry P/E36.51
Book Value39.35
Debt to Equity0.12
Face Value10
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Financials

*All values are in Rs. Cr
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Quarterly
Yearly

About Modern Engineering And Projects

Modern Engineering and Projects Limited, formerly known as Modern Converters Limited, is an infrastructure development company incorporated in 1946. The company focuses on the execution of diverse infrastructure contracts, including transportation engineering, civil construction, and other related works. A key corporate objective is to retain and promote talent to ensure the long-term sustainability of skilled personnel and create a competitive advantage. It partners in key national projects, such as a joint venture for the eight-laning of a 23.8 km section of National Highway 3. The firm has also expanded into water infrastructure, undertaking projects for underground sewage networks and sewage treatment plants in Maharashtra. The company's revenue from operations increased significantly, rising from ₹6,779.89 Lakhs in the previous year to ₹9,321.93 Lakhs.;
Parent OrganisationModern Engineering And Projects
Managing DirectorSitaram Dhulipala
Founded1946
BSE Symbol539762

Shareholding Pattern

Sep '24
Dec '24
Mar '25
Jun '25
Sep '25
Retail And Others
59.23%
Promoters
33.29%
Foreign Institutions
7.47%

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4:1
Ratio

4 rights eligible for every 1 existing shares held
Ratio4:1
Offer price₹40.00
Ex date26 Aug ‘24
Record date26 Aug ‘24
Announcement date20 Aug ‘24

20
Aug
Rights Entitlement
Announced
4:1
Ratio

4 rights eligible for every 1 existing shares held
Ratio4:1
Offer price₹40.00
Ex date26 Aug ‘24
Record date26 Aug ‘24
Announcement date20 Aug ‘24
15
Jul
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