Case study

SANDUMA

Sandur Manganese & Iron Ores Limited

Worth a closer look1y model +1.2%

Each stock's 10,000-path forecast, rendered as light.

63Score

Sandur Manganese & Iron Ores Limited (SANDUMA) Stock Analysis & Case Study

Is SANDUMA a good buy? The data-driven verdict.

Sandur Manganese & Iron Ores Limited (SANDUMA) trades at ₹214,on the numbers it worth a closer look, a Downstox Snapshot Score of 63/100.

On the numbers, Sandur Manganese & Iron Ores Limited (SANDUMA) worth a closer look, a Downstox Snapshot Score of 63/100, weighing fairly valued at 15.4× earnings, ROE of 23.0%, a 51% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

SANDUMA fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹10,399 Cr
Current price
₹214
P/E ratio
15.4×
P/B ratio
3.20×
Book value
₹67
Dividend yield
0.23%
ROCE
24.2%
ROE
23.0%
Piotroski F-Score
6/8

How SANDUMA ranks against the 2,373 companies in our screener

Is SANDUMA overvalued? SANDUMA P/E vs peers

SANDUMA trades at 15.4× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

SANDUMA share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of SANDUMA history (31%/yr drift, 50%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
SANDUMA 2027₹111₹208₹391+1%
SANDUMA 2028₹87₹211₹510+2%
SANDUMA 2029₹71₹213₹644+4%
SANDUMA 2030₹61₹216₹763+5%
SANDUMA 2031₹53₹219₹903+6%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability SANDUMA goes up, or doubles?

51%
Higher in 1 year
Modelled chance the price is above today in 12 months
52%
Higher in 5 years
Modelled chance the price is above today in 5 years
28%
Doubles in 5 years
Modelled chance of reaching ₹411 within 5 years

The bull case for SANDUMA

  • SANDUMA's P/E of 13.5x is lower than 78% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • SANDUMA's return on equity of 23.0% ranks in the 88th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • SANDUMA's return on capital employed of 24.2% ranks in the 87th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹644.

The bear case & risks

  • High historical volatility (50%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹71.

SANDUMA volatility & expected range, how bumpy is the ride?

Over the last 9.8 years SANDUMA compounded at 31%/year with annualized volatility of 50%. That volatility implies a 1-year 80% range of ₹111-₹391, the honest backbone behind any single price target.

SANDUMA price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
1.2%
80% range₹111-₹391
P(price ↑)51%
P(price 2×)8%
3-Year Forecast
2029
₹0
Median (P50)
3.8%
80% range₹71-₹644
P(price ↑)52%
P(price 2×)23%
5-Year Forecast
2031
₹0
Median (P50)
6.3%
80% range₹53-₹903
P(price ↑)52%
P(price 2×)28%

SANDUMA price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
SANDUMA simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds SANDUMA hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the SANDUMA price target & forecast page.

SANDUMA Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. SANDUMA scores 6/8, mixed financial health.

SANDUMA MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy SANDUMA with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST37.50%2.7×
Zerodha37.54%2.7×
Groww37.70%2.7×
Dhan37.54%2.7×
Kotak Neo37.59%2.7×
Paytm Money37.84%2.6×
Pocketful38.17%2.6×
Anand Rathi37.54%2.7×
Bajaj Broking45.00%2.2×
Share India37.65%2.7×

Compare every broker on the SANDUMA MTF page.

About Sandur Manganese & Iron Ores Limited: sector, index & market-cap context

Sandur Manganese & Iron Ores Limited (SANDUMA) is a small-cap NSE-listed company, with a market capitalisation of ₹10,399 Cr. See more stocks on our screener.

How the SANDUMA Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Sandur Manganese & Iron Ores Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

SANDUMA analysis, FAQs

Is Sandur Manganese & Iron Ores Limited (SANDUMA) a good buy?

On the numbers, Sandur Manganese & Iron Ores Limited (SANDUMA) worth a closer look, a Downstox Snapshot Score of 63/100, weighing fairly valued at 15.4× earnings, ROE of 23.0%, a 51% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is SANDUMA overvalued or undervalued?

SANDUMA trades at 15.4× earnings, fairly valued versus the ~22× long-run Nifty average.

What is the SANDUMA share price target for 2031?

SANDUMA's probability-weighted 2031 median target is ₹219, with an 80% range of ₹53-₹903 (10,000-path Monte-Carlo).

What is the probability SANDUMA doubles in 5 years?

The modelled probability of SANDUMA reaching ₹411 (2×) within 5 years is 28%.

What is the bull case for SANDUMA?

SANDUMA's P/E of 13.5x is lower than 78% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. SANDUMA's return on equity of 23.0% ranks in the 88th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. SANDUMA's return on capital employed of 24.2% ranks in the 87th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in SANDUMA?

High historical volatility (50%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on SANDUMA