RAJMET

Rajnandini Metal Share PriceRajnandini Metal

₹8.9
-0.05 (-0.56%)
As on 09 December, 2023 | 08:25 BSE: NSE: RAJMETISIN: INE00KV01022

Rajnandini Metal Performance

Day Range

  • Low 8.85
  • High 9.05
₹ 8.9

52 Week Range

  • Low 8.10
  • High 29.70
₹ 8.9
  • Open Price9.00
  • Previous Close8.95
  • Volume1367796

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Rajnandini Metal Share Price

  • Over 1 Month -3.26%
  • Over 3 Month -11.44%
  • Over 6 Month -5.32%
  • Over 1 Year -68.5%

Rajnandini Metal Key Statistics

P/E Ratio 13.8
PEG Ratio 0.4
Market Cap Cr 246
Price to Book Ratio 5.9
EPS 0.5
Dividend 0
Relative Strength Index 38.02
Money Flow Index 23.98
MACD Signal -0.1
Average True Range 0.29

Rajnandini Metal Investment Rating

  • Master Rating:
  • Rajnandini Metal has an operating revenue of Rs. 1,185.92 Cr. on a trailing 12-month basis. An annual revenue growth of 1% is not great, Pre-tax margin of 2% needs improvement, ROE of 33% is exceptional. The company has a reasonable debt to equity of 22%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 48 which is a POOR score indicating inconsistency in earnings, a RS Rating of 3 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at E which indicates heavy supply, Group Rank of 120 indicates it belongs to a poor industry group of Metal Proc & Fabrication and a Master Score of E is the worst. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Rajnandini Metal Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 333266335252181261327
Operating Expenses Qtr Cr 325259330245178256321
Operating Profit Qtr Cr 8756356
Depreciation Qtr Cr 0000000
Interest Qtr Cr 2222211
Tax Qtr Cr -1122221
Net Profit Qtr Cr 7533343
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,0391,030
Operating Expenses Annual Cr 1,0091,010
Operating Profit Annual in Cr 1918
Depreciation Cr 11
Interest Annual Cr 74
Tax Annual Cr 74
Net Profit Annual Cr 1410
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -5-5
Cash from Investing Activity Annual Cr 00
Cash from Financing Annual Activity Cr 55
Net Cash Flow Annual Cr
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 4130
Fixed Assets Annual Cr 3525
Total Non Current Assets Annual Cr 3525
Total Current Assets Annual Cr 10582
Total Assets Annual Cr 140108
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 116
ROE Annual % 3334
ROCE Annual % 5442
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 32
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Rajnandini Metal Technicals

EMA & SMA

Current Price
₹8.9
-0.05 (-0.56%)
pointer
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • ₹9.14
  • 50 Day
  • ₹9.32
  • 100 Day
  • ₹9.72
  • 200 Day
  • ₹11.55
  • 20 Day
  • ₹9.20
  • 50 Day
  • ₹9.40
  • 100 Day
  • ₹9.40
  • 200 Day
  • ₹10.14

Rajnandini Metal Resistance and Support

PIVOT
₹8.94
Resistance
First Resistance 9.02
Second Resistance 9.13
Third Resistance 9.22
RSI 38.02
MFI 23.98
MACD Single Line -0.10
MACD -0.13
Support
First Resistance 8.82
Second Resistance 8.73
Third Resistance 8.62

Rajnandini Metal Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,367,796 136,779,600 100
Week 1,938,424 193,842,360 100
1 Month 2,090,206 209,020,619 100
6 Month 792,343 79,234,258 100

Rajnandini Metal Result Highlights

Rajnandini Metal Synopsis

NSE-Metal Proc & Fabrication

Rajnandini Metal is involved in the business activities of Wholesale of metals and metal ores. Company’s Total Operating Revenue is Rs. 1028.88 Cr. and Equity Capital is Rs. 27.65 Cr. for the Year ended 31/03/2023. Rajnandini Metal Ltd. is a Public Limited Listed company incorporated on 18/03/2010 and has its registered office in the State of Haryana, India. Company’s Corporate Identification Number(CIN) is L51109HR2010PLC040255 and registration number is 040255.
Market Cap 246
Sales 1,186
Shares in Float 7.46
No of funds
Yield 10.05
Book Value 5.93
U/D Vol ratio 1
LTDebt / Equity 22
Alpha -0.45
Beta 0.89

Rajnandini Metal

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 73.24%73.24%73.23%73.24%
Mutual Funds
Insurance Companies
Foreign Portfolio Investors 0.04%
Financial Institutions/ Banks
Individual Investors 22.37%21.33%19.98%
Others 26.76%4.39%5.44%6.74%

Rajnandini Metal Management

Name Designation
Mr. Het Ram Sharma Chairman & Managing Director
Mr. Ashok Kalra Executive Director
Mr. Shiv Kumar Ind. Non-Executive Director
Mr. Arun Sharma Ind. Non-Executive Director
Mr. Sanjeev Chhaudha Ind. Non-Executive Director
Ms. Kavita Rani Director

Rajnandini Metal Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Rajnandini Metal Corporate Action

Date Purpose Remarks
2023-10-31 Quarterly Results
2023-07-26 Quarterly Results
2023-04-21 Audited Results
2023-01-30 Quarterly Results
2022-10-20 To consider raising of funds
Date Purpose Remarks
2022-08-12 INTERIM Re.0.00 dividend at the rate of Re. 1/- per share.
Date Purpose Remarks
2022-09-16 Bonus Rs.0.00 issue in the ratio of 1:2 of Rs. 10/-.
2021-09-03 Bonus Rs.0.00 issue in the ratio of 1:2 of Rs. 10/-.
Date Purpose Remarks
2022-11-30 Split Rs.0.00 split from Rs. 10/- to Re. 1/-.

Rajnandini Metal FAQs

What is Share Price of Rajnandini Metal ?

Rajnandini Metal share price is ₹8 As on 09 December, 2023 | 08:11

What is the Market Cap of Rajnandini Metal ?

The Market Cap of Rajnandini Metal is ₹246.1 Cr As on 09 December, 2023 | 08:11

What is the P/E ratio of Rajnandini Metal ?

The P/E ratio of Rajnandini Metal is 13.8 As on 09 December, 2023 | 08:11

What is the PB ratio of Rajnandini Metal ?

The PB ratio of Rajnandini Metal is 5.9 As on 09 December, 2023 | 08:11

Q2FY23