Maan Aluminium Share Price

Maan Aluminium Limited, with its corporate operations in New Delhi, functions as an aluminum extrusion and manufacturing company in India . The company produces aluminum profiles including architectural structures, industrial products, geometrical shapes, AC grills, architectural hardware, and solar panels . Maan Aluminium has a substantial reach serving industries such as construction, automobiles, solar energy, agriculture, architecture, defense, railway, electrical, electronics, medical, and heavy engineering . The company also trades in non-ferrous scrap and exports its products to international markets . Maan Aluminium Limited was founded in 1989 and was formerly known as Man Aluminium Limited .

Maan Aluminium share price today on NSE and BSE signifies how market participants react to the company’s operational performance and the overall developments in the aluminum sector. The company’s financial health depends on factors like extrusion production volumes, raw material aluminum prices, demand from construction and automotive industries, and the company’s ability to manage operational costs. Maan Aluminium stock price gets influenced by various factors such as earnings reports, changes in government infrastructure spending, and trends in domestic and international demand for aluminum profiles. In the longer run, strategies such as capacity expansion, new product development, and export market growth affect the stock market sentiments. All these factors need monitoring to have an idea about the company’s stock price movements.

Maan Aluminium live share price provides real-time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of the Maan Aluminium stock price movements helps in observing short term price volatility and shows how a stock moves relative to the broader metal index. Furthermore, monitoring Maan Aluminium live price helps investors understand real-time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short-term performance and respond to news, quarterly results, or sector trends that may influence the company’s valuation.

Maan Aluminium Fundamentals

a. Company Background

Maan Aluminium Limited is an Indian aluminium extrusion company incorporated in 2003. The company operates in the manufacturing of aluminium extruded products used across industrial and architectural applications. It is headquartered in New Delhi, India, and its manufacturing facilities are located in Pithampur, Madhya Pradesh. The company focuses on producing value-added aluminium products rather than primary aluminium. Over the years, Maan Aluminium has expanded its production capacity and product range to cater to domestic and export markets. It is a publicly listed company in India and operates within the metals and manufacturing sector, with an emphasis on operational efficiency and product quality.

b. Company Product Lines

• Aluminium Extrusions

• • Manufacture of standard and customized aluminium extruded profiles

• • Used in industrial, architectural, and engineering applications

• Fabricated Aluminium Products

• • Value-added processing including cutting, machining, and finishing

• • Designed to meet specific client requirements

• Application-Based Products

• • Products supplied for sectors such as construction, transportation, and electrical applications

c. Company Revenue Model

• Product Sales

• • Revenue generated from sale of aluminium extruded and fabricated products

• • Includes both domestic and export sales

• Value-Added Services

• • Income from fabrication and customized processing services

• Contract-Based Supply

• • Revenue from supply agreements with industrial and infrastructure clients

d. Geographic Presence

• Headquarters

• • Located in New Delhi, India

• Manufacturing Facilities

• • Production units based in Pithampur, Madhya Pradesh

• Domestic Market

• • Supplies products across various regions in India

• Export Markets

• • Exports aluminium products to international markets

e. Key Milestones

• 2003: Company incorporated

• Mid-2000s: Established aluminium extrusion manufacturing facilities

• Subsequent Years: Expansion of production capacity and product portfolio

• Recent Years: Continued focus on value-added products and export growth

f. Industry Perspective

The aluminium extrusion industry is influenced by demand from sectors such as construction, automotive, electrical, and infrastructure. Growth in infrastructure development and urbanization supports demand for aluminium products due to their lightweight and durability characteristics. The industry is affected by fluctuations in aluminium prices, energy costs, and global supply conditions. Manufacturers focus on improving operational efficiency and offering value-added products to remain competitive. Export opportunities and domestic demand trends both play a role in shaping the performance of companies in this sector. 

Maan Aluminium Stock Market Presence: Listings & Index Representation

Maan Aluminium Limited is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Maan Aluminium share price is available for trading on the NSE under the symbol MAANALU and on the BSE with the scrip code 532906 . The company’s market presence is primarily within the small-cap segment of the market . Due to its size and sector focus, Maan Aluminium stock price is generally tracked by investors interested in the aluminum and metal products industry.

Maan Aluminium is part of several broad-based and sector-specific stock market indices, reflecting its position as a small-cap metal company in India. Maan Aluminium share price is a constituent of wider market indices such as the BSE SmallCap and BSE Metals indices . In addition, the company is included in multiple BSE indices which capture companies across small and mid-cap segments.

Maan Aluminium Stock Performance and Share Price History

Maan Aluminium share price on NSE reflects its status as an aluminum extrusion manufacturer with a strong focus on architectural and industrial applications in India. Performance gets driven by factors like extrusion production volumes, raw material aluminum price stability, demand from construction and automotive sectors, and the company’s ability to manage operational costs effectively. Investors compare Maan Aluminium share price today with other aluminum product companies to gauge relative performance within the sector.

These underlying factors often appear through real market movements across different periods. Broader sector strength has played a role in supporting Maan Aluminium share price. In addition to operational and sector-led factors, corporate actions such as the company’s export expansion can also have a significant impact on Maan Aluminium share price movements in the short term. The company exports its products to international markets, serving diverse industries globally . This shows how business expansion can trigger short-term swings, even within a competitive aluminum framework influenced by raw material prices and industrial demand cycles.

While short-term movements reflect events and announcements, longer-term valuation trends become visible through Maan Aluminium share price 52-week high and low, providing context beyond daily or weekly changes. The 52-week high stood at 184.74 rupees, while the 52-week low was 78.51 rupees, highlighting the significant volatility the stock has experienced . Highs indicate strong product demand and stable margins, while lows align with market corrections or sector volatility. These levels capture the impacts of government policies, infrastructure spending, and earnings visibility, providing context for the stock’s historical performance.

Maan Aluminium stock performance reflects the trading behaviour of a small-cap metal company operating within India’s industrial landscape. The company’s diversified product portfolio across architectural structures, industrial profiles, and solar panels has shaped its Maan Aluminium share price history . Over time, the stock has shown long-term wealth creation, marked by periods of gains and phases of consolidation. The company was founded in 1989 and has grown from a domestic manufacturer to an exporter serving multiple industries .

Maan Aluminium stock performance over time has closely followed India’s industrial growth and aluminum demand cycles. The company serves the construction, automobile, solar energy, defense, and railway sectors . Over longer investment horizons, the stock has delivered meaningful returns, with a 5-year return of 48.3 percent and a 10-year return of 54.3 percent . However, the stock has seen underperformance in the last 3 months, with the share price declining by 13.6 percent . The stock reached a 52-week high of 184.74 rupees and a 52-week low of 78.51 rupees, reflecting the volatility inherent in the aluminum products business .

Despite the disruptions caused by the COVID-19 pandemic, Maan Aluminium shares showed resilience. While the broader economy faced challenges with lockdowns and supply chain disruptions, the company’s focus on essential industrial products helped the stock recover. The company’s manufacturing facilities resumed operations gradually following government guidelines during lockdowns.

Maan Aluminium share price has seen decreases due to several recurring reasons. A decline in demand from construction or automotive sectors directly impacts aluminum profile sales and leads to selling pressure. Changes in government policy, such as alterations in import duties on aluminum or changes in infrastructure spending, can also cause the stock to fall. Furthermore, any increase in operational costs like raw material procurement costs for aluminum without a matching rise in product prices squeezes the company’s margins, making the stock less attractive. Periods of economic slowdown that reduce industrial activity raise concerns about order volumes, leading to a drop in Maan Aluminium share price. The stock is also sensitive to competitive intensity in the aluminum extrusion segment; if rival companies gain market share, it can lead to a decrease in Maan Aluminium stock price as investors adjust expectations for future profitability. Broader market sell-offs in small-cap metal stocks also pull the price down, regardless of the company’s individual performance. The company’s share price has declined from its 52-week high of 184.74 rupees, reflecting the broader market correction and sector-specific headwinds . A decrease in export sales or lower demand from the solar energy sector directly hurts the company’s revenue, resulting in a lower valuation for Maan Aluminium share price.

Maan Aluminium Investor Relevance and Role in Portfolio

Maan Aluminium is a holding in metal and small-cap portfolios, offering exposure to aluminum extrusions, architectural profiles, and industrial products. Inclusion in small-cap indices underscores its importance in India’s aluminum processing space. The company’s diversified product portfolio, presence across multiple industries, and export capabilities make it a consideration for long-term allocations.

Maan Aluminium equity is held by a broad mix of promoters and public shareholders, reflecting its standing in India’s metal sector. Promoter holding remains stable at around 46.5 percent . Ravinder Nath Jain serves as Chairman and Managing Director of the company . The company has approximately 225 employees . Foreign institutional investors hold approximately 0.1 percent of the company’s shares, while domestic institutional investors hold nominal percentages . Public and retail investors hold approximately 53.4 percent of the company’s shares . This broad investor base with significant promoter control underscores the company’s role as a holding in both domestic and global portfolios focused on aluminum manufacturing.

Beyond fundamentals and ownership, Maan Aluminium share price is actively monitored by market participants. The stock is available for trading in the futures and options segment on the NSE, allowing investors to take positions based on their outlook for the metal sector. Market participants watch derivative indicators such as open interest and rollover patterns to gauge sentiment around quarterly results and policy announcements.

Technical indicators such as RSI, MACD, and MFI provide additional insight into short-term momentum shifts in the company’s stock price. The RSI stood at 47.69, indicating a mid-range reading . While these indicators are primarily used for near-term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements.

Maan Aluminium stock price has exhibited certain volatility patterns. Maan Aluminium beta has generally remained at levels reflecting its position as a small-cap metal stock with promoter control and business fundamentals tied to industrial cycles. Over shorter timeframes, the stock has shown relatively higher sensitivity to market movements, indicating short-term volatility. During the 3-month period, this sensitivity appears more balanced, suggesting a stable trading pattern. Across longer durations, the beta trends in a manner indicating continued correlation with overall market fluctuations. This behaviour is typical for companies in the aluminum processing sector with exposure to commodity price cycles. Overall, these variations across different timeframes highlight that while Maan Aluminium may experience short-term fluctuations, its longer-term volatility remains characteristic of a small-cap metal stock.

Maan Aluminium Sectoral Relevance and Peer Positioning

Maan Aluminium sector relevance stems from its scale in aluminum extrusion manufacturing and its strong presence across architectural, industrial, and solar energy segments . Peer comparisons with companies like Hindalco Industries, NALCO, Precision Wires India, and MMP Industries focus on manufacturing capacity, product mix, distribution reach, and geographical presence rather than short-term stock moves . These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of infrastructure spending, automotive production cycles, and aluminum price trends further highlights Maan Aluminium positioning within India’s broader aluminum processing market.

Maan Aluminium market cap history shows the company’s position within the aluminum sector. Since its founding in 1989, the market capitalization has grown as the company expanded its extrusion manufacturing capacity . The company’s focus on serving diverse industries and its export capabilities contributed to a re-evaluation by the market. This transition from a domestic manufacturer to an exporter serving multiple sectors has been a key factor in how the company’s overall valuation has evolved over time. The company currently maintains a market capitalization in the small-cap range, with a market cap of over 786 crore rupees .

Maan Aluminium earnings history demonstrates the impact of its strategic business decisions and external market conditions. The company reported total revenue of over 8,100 million rupees for the financial year 2025 . For the financial year 2025, the company reported net income of over 155 million rupees . The company’s revenue for the financial year 2025 decreased compared to the previous year’s 9,530 million rupees . The company’s EBITDA for the financial year 2025 stood at 250 million rupees . The company’s net profit margin for the financial year 2025 stood at 1.91 percent.

Maan Aluminium EPS provides insight into its operational performance and income generation from aluminum profile and extrusion sales. Over the years, earnings per share have shown variation in line with the company’s business cycle and industry conditions. The company’s focus on expanding into solar panels and industrial products has influenced the EPS trajectory. Quarterly performance reflects the ongoing earnings from manufacturing operations, with the architectural segment contributing to the overall per-share earnings picture. The company’s basic earnings per share for the financial year 2025 was reported at 2.87 rupees, compared to 6.06 rupees in the previous year .

Maan Aluminium P/E ratio reflects how investors perceive the company’s earnings relative to its business model. The company’s price-to-earnings ratio has been observed around 50 to 60 times, indicating the valuation the market assigns to the company’s earnings . This ratio represents a premium compared to the industry median of around 12 to 17 times . The ratio has moved in response to how investors view the company’s prospects in areas like export expansion and new product development. The company’s P/E ratio has fluctuated based on earnings performance and market sentiment, with the ratio reported at 50.75 times on certain data and at 60.91 times on other data . These changes highlight how market sentiment has evolved alongside the company’s business transformation and expansion strategy.

Summary

Maan Aluminium Limited manufactures aluminum extrusions, architectural profiles, industrial products, and solar panels for domestic and export markets. Maan Aluminium share price on the NSE and BSE reflects trading activity within the aluminum processing and metal products industry. The company has a notable presence in both domestic and international markets. Maan Aluminium stock price is influenced by industrial demand, infrastructure spending, raw material costs, and broader economic factors. The company’s focus on product diversification and export expansion remains a key aspect of its business profile .