RAJRATAN

Rajratan Global Wire Share Price

₹540.1
+ 3.2 (0.6%)
  • Advice
  • Hold
03 November, 2024 16:25 BSE: 517522 NSE: RAJRATAN ISIN: INE451D01029

Start SIP in Rajratan Global Wire

Start SIP

Rajratan Global Wire Performance

Day Range

  • Low 530
  • High 556
₹ 540

52 Week Range

  • Low 501
  • High 820
₹ 540
  • Open Price531
  • Previous Close537
  • Volume12850

Rajratan Global Wire Chart

  • Over 1 Month -3.6%
  • Over 3 Month -10.08%
  • Over 6 Month -12.84%
  • Over 1 Year -25.47%

Rajratan Global Wire Key Statistics

P/E Ratio 37
PEG Ratio 913.5
Market Cap Cr 2,742
Price to Book Ratio 5.6
EPS 11
Dividend 0.4
Relative Strength Index 43.09
Money Flow Index 34.15
MACD Signal -8.29
Average True Range 20.65

Rajratan Global Wire Investment Rating

  • Master Rating:
  • Rajratan Global Wire has an operating revenue of Rs. 937.73 Cr. on a trailing 12-month basis. An annual revenue de-growth of -1% needs improvement, Pre-tax margin of 11% is healthy, ROE of 14% is good. The company has a reasonable debt to equity of 21%, 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 63 which is a FAIR score but needs to improve its earnings, a RS Rating of 11 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 53 indicates it belongs to a fair industry group of Auto/Truck-Original Eqp and a Master Score of D is close to being the worst. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Rajratan Global Wire Financials
IndicatorSep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 153141140138138141161
Operating Expenses Qtr Cr 125119113116113117132
Operating Profit Qtr Cr 27222622262429
Depreciation Qtr Cr 3222223
Interest Qtr Cr 5434443
Tax Qtr Cr 5454556
Net Profit Qtr Cr 15121612151317
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 558614
Operating Expenses Annual Cr 459494
Operating Profit Annual in Cr 98118
Depreciation Cr 910
Interest Annual Cr 1514
Tax Annual Cr 1926
Net Profit Annual Cr 5671
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 85105
Cash from Investing Activity Annual Cr -78-114
Cash from Financing Annual Activity Cr -79
Net Cash Flow Annual Cr 00
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 352306
Fixed Assets Annual Cr 367286
Total Non Current Assets Annual Cr 422351
Total Current Assets Annual Cr 166171
Total Assets Annual Cr 588522
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 6960
ROE Annual % 1623
ROCE Annual % 2029
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1820
IndicatorSep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 245220240233214204219
Operating Expenses Qtr Cr 207191205198180179186
Operating Profit Qtr Cr 38303434342534
Depreciation Qtr Cr 6555445
Interest Qtr Cr 8545554
Tax Qtr Cr 6565656
Net Profit Qtr Cr 19152020191220
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 894899
Operating Expenses Annual Cr 763733
Operating Profit Annual in Cr 128162
Depreciation Cr 1818
Interest Annual Cr 2017
Tax Annual Cr 2230
Net Profit Annual Cr 72100
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 106162
Cash from Investing Activity Annual Cr -96-169
Cash from Financing Annual Activity Cr -1010
Net Cash Flow Annual Cr 02
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 493439
Fixed Assets Annual Cr 555465
Total Non Current Assets Annual Cr 560488
Total Current Assets Annual Cr 267251
Total Assets Annual Cr 826739
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 9787
ROE Annual % 1523
ROCE Annual % 1927
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1518

Rajratan Global Wire Technicals

EMA & SMA

Current Price
₹540.1
+ 3.2 (0.6%)
pointer
  • Bullish Moving Average
  • ___
  • 2
  • Bearish Moving Average
  • ___
  • 14
  • 20 Day
  • ₹550.06
  • 50 Day
  • ₹564.00
  • 100 Day
  • ₹578.81
  • 200 Day
  • ₹611.55
  • 20 Day
  • ₹550.58
  • 50 Day
  • ₹571.38
  • 100 Day
  • ₹579.20
  • 200 Day
  • ₹603.07

Rajratan Global Wire Resistance and Support

PIVOT
₹542.14
Resistance
First Resistance 553.97
Second Resistance 567.83
Third Resistance 579.67
RSI 43.09
MFI 34.15
MACD Single Line -8.29
MACD -9.12
Support
First Support 528.27
Second Support 516.43
Third Supoort 502.57

Rajratan Global Wire Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 16,695 774,815 46.41
Week 23,808 1,291,844 54.26
1 Month 46,742 2,618,933 56.03
6 Month 62,375 3,508,604 56.25

Rajratan Global Wire Result Highlights

Rajratan Global Wire Synopsis

NSE-Auto/Truck-Original Eqp

Rajratan Global Wire Ltd. is a prominent player in the Indian wire manufacturing industry, known for its expertise in producing high-quality wire and wire products. The company specializes in various types of wires, including galvanized, annealed, and specialty wires, catering to diverse sectors such as automotive, construction, and industrial applications. With a strong emphasis on quality and innovation, Rajratan utilizes advanced manufacturing techniques and adheres to stringent quality control measures to ensure the reliability and performance of its products. The company is committed to customer satisfaction, providing tailored solutions and efficient service, thereby establishing itself as a trusted partner in the wire industry.
Market Cap 2,726
Sales 570
Shares in Float 1.78
No of funds 15
Yield 0.37
Book Value 7.83
U/D Vol ratio 0.9
LTDebt / Equity 27
Alpha -0.19
Beta 0.73

Rajratan Global Wire Shareholding Pattern

Owner NameSep-24Jun-24Mar-24Dec-23
Promoters 65.14%65.14%65.14%65.1%
Mutual Funds 7.9%7.59%7.59%8.28%
Insurance Companies 0.35%0.22%
Foreign Portfolio Investors 0.27%0.29%0.87%0.73%
Individual Investors 23.36%23.59%23.41%22.75%
Others 2.98%3.17%2.99%3.14%

Rajratan Global Wire Management

Name Designation
Mr. Sunil Chordia Chairman & Managing Director
Mr. Yashovardhan Chordia Executive Director
Mr. Abhishek Dalmia Non Executive Director
Mr. Rajesh Mittal Independent Director
Mr. Sanjeev Sood Independent Director
Mrs. Alka Arora Misra Independent Director

Rajratan Global Wire Forecast

Price Estimates

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

Other Analyst Rating

Rajratan Global Wire Corporate Action

Date Purpose Remarks
2024-10-21 Quarterly Results
2024-07-30 Quarterly Results
2024-04-22 Audited Results & Final Dividend
2024-01-20 Quarterly Results & Others
2023-10-21 Quarterly Results
Date Purpose Remarks
2024-07-23 FINAL Rs.2.00 per share(100%)Final Dividend
2023-07-27 FINAL Rs.2.00 per share(100%) Final Dividend
Date Purpose Remarks
2022-03-16 Split Rs.0.00 split from Rs. 10/- to Rs. 2/-.

Rajratan Global Wire FAQs

What is Share Price of Rajratan Global Wire ?

Rajratan Global Wire share price is ₹540 As on 03 November, 2024 | 16:11

What is the Market Cap of Rajratan Global Wire ?

The Market Cap of Rajratan Global Wire is ₹2742.1 Cr As on 03 November, 2024 | 16:11

What is the P/E ratio of Rajratan Global Wire ?

The P/E ratio of Rajratan Global Wire is 37 As on 03 November, 2024 | 16:11

What is the PB ratio of Rajratan Global Wire ?

The PB ratio of Rajratan Global Wire is 5.6 As on 03 November, 2024 | 16:11

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91
 
footer_form

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.

Q2FY23