Narmada Macplast Drip Irrigation Systems Ltd (NARMP) is currently trading at 23.52 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.

Narmada Macplast Drip Irrigation Systems Limited specializes in the manufacturing and distribution of drip irrigation systems, catering primarily to the agriculture sector. The company was founded in June 1992, marking over 30 years in the irrigation industry with a focus on sustainable water management solutions. Despite the competitive market, Narmada Macplast has sustained its presence, suggesting resilience and adaptability in the drip irrigation segment. Drip irrigation is crucial for water conservation efforts, hinting at potential opportunities for Narmada Macplast amidst increasing environmental concerns.

Over the past 52 weeks, Narmada Macplast Drip Irrigation Systems Ltd has traded between a low of ₹14.56 and a high of ₹34.55. 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.

Narmada Macplast Drip Irrigation Systems Ltd has a market capitalization of approximately 85.10. 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.

Narmada Macplast Drip Irrigation Systems Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 49.19 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 85.10 Cr, Narmada Macplast Drip Irrigation Systems 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.

Narmada Macplast Drip Irrigation Systems Ltd operates in the its sector 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 Narmada Macplast Drip Irrigation Systems Ltd is 49.19. 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.