Metro Brands share price today, on February 3, 2025, has reached ₹1,319.95 as of 11.08 am. It reflects a 6.77% jump from the previous close of ₹1,236.25. The company is a prominent player in the Indian footwear market. Metro Brands stock has recently garnered attention due to its fluctuating performance and strategic positioning in the consumer durables sector.
Let’s delve into the recent performance trends, technical indicators, and market sentiment surrounding Metro Brands shares.
Metro Brands stock has shown volatility and a mixed performance in the last month. Currently, the stock is trading above the key moving averages of 5-day, 20-day, 50-day, 100-day, and 200-day which are all below ₹1,250. This shows a bullish momentum among investors.
The trading volume for Metro Brands today is 792,487 shares with a market capitalization of Rs. 35,900 crores. It has a P/E ratio of 87.33 and a P/B ratio of 17.77. These factors indicate that the stock may be undervalued in terms of its earnings capacity and book value. Thus, it may outperform the sector.
| Metric | Value |
| PE Ratio (x) | 87.33 |
| EPS - TTM (₹) | 15.11 |
| Market Cap (₹ Cr.) | 35,900.07 |
| Sectoral MCap Rank | 1 |
| PB Ratio (x) | 17.77 |
| Dividend Yield (%) | 0.38 |
| Face Value (₹) | 5 |
| Beta | 0.6 |
| 52W High/Low (₹) | 1,430.00 / 990.05 |
The current resistance and support levels for the stock are as follows:
R1 1,269.20
R2 1,302.15
S1 1,217.10
S2 1,184.15
Analysts recommend a ‘BUY’ rating based on the stock’s current performance and the support levels. However, given the high fluctuations in the stock in the last month, investors should keep a close eye on its performance to make informed decisions.