Modern Engineering and Projects Ltd (MEAPL) is currently trading at 32.34 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Modern Engineering & Projects Ltd operates in the infrastructure sector, focusing on transportation engineering and civil construction projects. The company has recently completed a significant highway expansion project from Vadape to Thane in Maharashtra, indicating their growing expertise and capability in large-scale infrastructure initiatives. Originally established in 1946, the company underwent a name change in December 2022 to reflect its expanded focus beyond trading and investment in shares and securities. The expansion into infrastructure projects highlights a strategic shift towards leveraging India's growing need for enhanced infrastructure capabilities. The company appears poised to harness new opportunities presented by India's focus on infrastructure development.

Over the past 52 weeks, Modern Engineering and Projects Ltd has traded between a low of ₹22.46 and a high of ₹49.89. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Modern Engineering and Projects Ltd has a market capitalization of approximately 49.44. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Modern Engineering and Projects Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 2.03 and operates in the Infrastructure Developers & Operators sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 49.44 Cr, Modern Engineering and Projects Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Modern Engineering and Projects Ltd operates in the Infrastructure Developers & Operators sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Modern Engineering and Projects Ltd is 2.03. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.