Modern Shares & Stockbrokers Stock Price Today (NSE: MODRNSH)

Modern Shares & Stockbrokers

31.95+0.70 (+2.24%)
Market Closed

Fundamental Score

...

Modern Shares & Stockbrokers Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Modern Shares & Stockbrokers share price today is 31.95, up +2.24% on NSE/BSE as of 23 June 2026. Modern Shares & Stockbrokers (MODRNSH) is a Small-cap company in the Other Financial Services sector with a market capitalisation of 12.43 (Cr). The 52-week high for MODRNSH share price is 48.70 and the 52-week low is 24.70. At a P/E ratio of 49.70x, MODRNSH is currently trading above its industry average P/E of 30.94x. The company has a Return on Equity (ROE) of 1.74% and a debt-to-equity ratio of 0.00.

Modern Shares & Stockbrokers Share Price Chart — NSE/BSE Historical Performance

No data
High
38.00
Low
27.66
Volume
1.4K
Change
-7.86%

Modern Shares & Stockbrokers share price chart: -7.86% return over the past month. 52-week high ₹48.70, 52-week low ₹24.70.

Modern Shares & Stockbrokers — Last 10 Trading Days

DateOpenHighLowCloseVolume
28.3632.5028.3631.951.22K (Cr)
30.1031.9930.1031.2576.00 (Cr)
32.8032.8030.9031.99104.00 (Cr)
32.5032.5032.2532.25165.00 (Cr)
31.2532.2031.2532.1067.00 (Cr)
32.0032.3931.2031.25926.00 (Cr)
31.8532.5030.0632.00606.00 (Cr)
31.4832.5029.7532.50126.00 (Cr)
31.7732.5029.9931.48288.00 (Cr)
28.5131.3528.5131.15916.00 (Cr)

Modern Shares & Stockbrokers — Last 12 Months Price History

MonthOpenHighLowCloseChange
30.1032.5028.3631.95+6.15%
35.6035.6027.6631.99-10.14%
25.0938.0025.0932.80+30.73%
27.9930.9024.7026.41-5.64%
37.9239.6027.9928.61-24.55%
39.5243.0036.6538.23-3.26%
41.7948.0038.1539.52-5.43%
43.9445.3038.0041.79-4.89%
41.5048.0037.5643.08+3.81%
43.4047.5039.0042.76-1.47%
43.0048.7037.4143.40+0.93%
44.2547.0036.6043.31-2.12%

AI Research Briefing

Powered by Gemini · 2026-04-22

Illiquid micro-cap broking firm trading at nosebleed valuations based on retail investor mania; a market correction will wipe out shareholders.

Research Confidence
8.0/10High
MICRO-CAP DARK HORSEBreakdown. 1M: -1.6% | 3M: -3.0% | 6M: -7.81% [cite]Expensive. P/E: 49.7x | Industry P/E: 30.94x

WHAT'S HAPPENING NOW (last 2-4 weeks)

Modern Shares & Stockbrokers'

CORE STORY (THE REAL GAME)

This is a micro-cap stock broking services play, heavily reliant on retail participation in the market. The promoter holds a significant stake, but there's zero institutional interest. The company's debt-free status is a key differentiator in a sector where larger peers may carry more debt.

Why Now
  • Stock opened at ₹27.95 on April 20, 2026, with the price ranging from ₹27.80 to ₹30.77 during the day.
  • High P/E of 49.7x versus an industry P/E of 30.94x.
  • QoQ revenue decline of 20.26%.
Potential Catalysts
  • Sharp increase in retail trading volumes.
  • Acquisition by a larger brokerage house.
  • Unexpected dividend announcement.
Key Risks
  • Micro/SME cap = high liquidity risk.
  • Negative free cash flow of ₹-4.18 Cr over the past 5 years.
  • High P/E ratio relative to industry peers.
Institutional Activity

Zero institutional interest. Promoter holding steady at 72.83%.

Macro Context

NBFC assets under management are projected to grow at 15-17% in FY26.

Cash Flow Quality

No. Free Cash Flow 5Y: ₹-4.18 Cr

3–6 Month Outlook

Dependent on continued retail participation in the market. A market downturn will significantly impact earnings.

Primary Thesis Risk

Reliance on retail exuberance makes it extremely vulnerable to market corrections.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

1.74%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

3.32%

Returns generated on total capital deployed

Good

Oper. Profit Margin (5Y Avg)

11.37%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Modern Shares & Stockbrokers Valuation Check

Poor

Price to Earnings (P/E)

49.70x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.94x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

72.83%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-15.79%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-7.14%

Revenue growth vs same quarter last year

Average

Revenue Growth (5-Year CAGR)

10.32%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

20.59%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

20.59%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

25.00x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-4.18 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Modern Shares & Stockbrokers Fundamental Analysis & Valuation Benchmarking

Educational evaluation of MODRNSH across key market metrics for learning purposes.

Positive Indicators

6 factors identified

Excellent EPS Growth (20.59% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (20.59% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (25.00x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (72.83%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

7 factors identified

Below-Average Return on Equity (1.74%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (3.32%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Premium Valuation Risk (P/E: 49.70x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-15.79%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-7.14%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Negative Free Cash Flow (₹-4.18 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Modern Shares & Stockbrokers vs Other Financial Services Peers

Peer Comparison - Other Financial Services

Compare Modern Shares & Stockbrokers with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
33.8/100
32
₹12.43
49.7
Average
1.74%
Poor
3.32%
Poor
0.0
Excellent
20.59%
Excellent
10.32%
Good
0.00%
Crisil Ltd...
CRISIL500092
64/100
3987
₹32833.08
43.8
Average
27.81%
Excellent
35.60%
Excellent
0.1
Excellent
14.43%
Good
13.49%
Good
0.56%
21.2/100
11320
₹15422.64
208.63%
Excellent
80.21%
Excellent
1.6
Average
179.71%
Excellent
0.00%
53.3/100
154
₹4011.66
864.6
Average
12.36%
Average
16.59%
Good
0.0
Excellent
79.86%
Excellent
188.59%
Excellent
0.01%
20.9/100
51
₹3896.81
114.9
Average
-1.81%
Poor
1.39%
Poor
0.2
Excellent
-32.89%
Poor
0.00%
ALGOQUANT...
ALGOQUANT505725
6.9/100
57
₹1689.95
102.9
Average
37.55%
Excellent
32.47%
Excellent
0.2
Excellent
0.00%
1.7/100
189
₹1396.38
-0.17%
Poor
-0.83%
Poor
0.1
Excellent
14.57%
Good
-17.45%
Poor
0.00%
0/100
23
₹1369.10
-57.60%
Poor
8.93%
Poor
37.5
Poor
47.25%
Excellent
0.00%
67.9/100
913
₹1086.24
32.8
Average
28.60%
Excellent
37.87%
Excellent
0.0
Excellent
94.13%
Excellent
43.40%
Excellent
1.94%
49/100
285
₹998.77
30.0
Average
19.46%
Good
22.62%
Excellent
0.0
Excellent
34.59%
Excellent
3.63%
Average
0.51%
39.1/100
290
₹890.53
39.0
Average
25.18%
Excellent
29.45%
Excellent
0.3
Excellent
0.00%

Modern Shares & Stockbrokers Quarterly Performance

Latest quarterly metrics for MODRNSH — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-7.14%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-15.79%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

10.32%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

20.59%

Compounded annual net profit growth over 5 years

Modern Shares & Stockbrokers Technical Indicators

SMA 50, SMA 200, RSI and volume signals for MODRNSH — calculated from daily price history

43RSI 14
Neutral — RSI 43

Momentum is balanced — neither overbought nor oversold.

SMA 50
31
▲ Price above SMA 50 — Short-term bullish
SMA 200
38
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
1K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Modern Shares & Stockbrokers Financial Statements

Annual income statement, balance sheet and cash flow for Modern Shares & Stockbrokers (MODRNSH) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Modern Shares & Stockbrokers

About MODRNSH (Modern Shares & Stockbrokers)

Modern Shares & Stockbrokers (MODRNSH) is a multifaceted entity operating within the dynamic landscape of Other Financial Services. The company acts as an intermediary, facilitatin...g transactions between buyers and sellers in the securities markets. MODRNSH provides individuals and institutions access to a wide array of investment opportunities, encompassing equities, bonds, and other financial instruments. These services are supported by a technological infrastructure designed to streamline trading processes and provide real-time market data to clients. MODRNSH seeks to empower its clientele with the tools and resources to navigate the complexities of the financial world and achieve their investment goals. Beyond its core brokerage offerings, MODRNSH also curates a selection of ancillary services to cater to diverse client needs. This includes a robust research arm, dedicated to analyzing market trends, identifying investment opportunities, and offering insights into specific sectors and companies. These insights are disseminated through various channels, including reports, presentations, and potentially through a recurring publication like a newsletter. The company aims to provide valuable guidance to clients, enabling them to make informed decisions and optimize their investment portfolios. The commitment to both execution and information underscores MODRNSH's holistic approach to financial services. MODRNSH is committed to staying at the forefront of innovation within the financial services industry. This may involve embracing new technologies, adapting to evolving regulatory landscapes, and continuously refining its service offerings to meet the changing needs of its clients. The company's history suggests a willingness to adapt and evolve to ensure it remains a relevant player in the financial market. MODRNSH strives to build lasting relationships with its clients, founded on trust, transparency, and a dedication to delivering exceptional value. The firm's operational structure and internal policies reflect a commitment to integrity and ethical business practices.

Company Details

Symbol:MODRNSH
Industry:Other Financial Services
Sector:Other Financial Services

Key Leadership

Mr. Anil Sugno Manghnani
Whole Time Director
Mr. Radhakrishna Narayan Shenvi
Chief Financial Officer
Ms. Vibha Axit Gandhi
Company Secretary & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date

MODRNSH Share Price: Frequently Asked Questions

What is the current share price of Modern Shares & Stockbrokers?

Modern Shares & Stockbrokers (MODRNSH) trades at ₹31.95 on NSE and BSE. Market cap ₹12.43 (Cr). Educational data only.

What is the P/E ratio of Modern Shares & Stockbrokers?

Modern Shares & Stockbrokers has a P/E of 49.70x vs industry average 30.94x.

What is the Bull Run score for Modern Shares & Stockbrokers?

Modern Shares & Stockbrokers has a Bull Run score of 33.8/100 based on 25+ financial parameters.

Does Modern Shares & Stockbrokers pay dividends?

Modern Shares & Stockbrokers has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Modern Shares & Stockbrokers?

Modern Shares & Stockbrokers has ROE of 1.74%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Modern Shares & Stockbrokers?

Modern Shares & Stockbrokers has debt-to-equity of 0.00.

Is Modern Shares & Stockbrokers a good investment?

Bull Run gives Modern Shares & Stockbrokers a score of 33.8/100. This is not investment advice — consult a SEBI-registered advisor.