Rajnandini Metal
Rajnandini Metal Performance
Day Range
- Low 8.85
- High 9.05
52 Week Range
- Low 8.10
- High 29.70
- Open Price9.00
- Previous Close8.95
- Volume1367796
Start SIP in Rajnandini Metal
Start SIPRajnandini 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
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 333 | 266 | 335 | 252 | 181 | 261 | 327 |
Operating Expenses Qtr Cr | 325 | 259 | 330 | 245 | 178 | 256 | 321 |
Operating Profit Qtr Cr | 8 | 7 | 5 | 6 | 3 | 5 | 6 |
Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Qtr Cr | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
Tax Qtr Cr | -1 | 1 | 2 | 2 | 2 | 2 | 1 |
Net Profit Qtr Cr | 7 | 5 | 3 | 3 | 3 | 4 | 3 |
Rajnandini Metal Technicals
EMA & SMA

- 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
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 Name | Sep-23 | Jun-23 | Mar-23 | Dec-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
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