RAMANEWS

Shree Rama Newsprint Share PriceShree Rama Newsprint

₹16.15
0.2 (1.25%)
As on 02 December, 2023 | 20:21 BSE: 500356 NSE: RAMANEWSISIN: INE278B01020

Shree Rama Newsprint Performance

Day Range

  • Low 15.90
  • High 16.50
₹ 16.15

52 Week Range

  • Low 10.35
  • High 18.55
₹ 16.15
  • Open Price16.20
  • Previous Close15.95
  • Volume484883

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Shree Rama Newsprint Share Price

  • Over 1 Month 17.03%
  • Over 3 Month 23.75%
  • Over 6 Month 22.81%
  • Over 1 Year 6.95%

Shree Rama Newsprint Key Statistics

P/E Ratio -1.8
PEG Ratio 0
Market Cap Cr 238
Price to Book Ratio 1.7
EPS 0.1
Dividend 0
Relative Strength Index 53.96
Money Flow Index 56.59
MACD Signal 0.48
Average True Range 0.82

Shree Rama Newsprint Investment Rating

  • Master Rating:
  • Shree Rama Newsprint has an operating revenue of Rs. 54.24 Cr. on a trailing 12-month basis. An annual revenue de-growth of -85% needs improvement, Pre-tax margin of 4% needs improvement, ROE of -84% is poor and needs improvement. The company has a high debt to equity of 249%, which can be a reason to worry. The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 19% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 11% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 4 which is a POOR score indicating inconsistency in earnings, a RS Rating of 54 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 59 indicates it belongs to a fair industry group of Paper & Paper Products and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. 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

Shree Rama Newsprint Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 9121320224630
Operating Expenses Qtr Cr 9111218213930
Operating Profit Qtr Cr 0123060
Depreciation Qtr Cr 1117777
Interest Qtr Cr 9902233
Tax Qtr Cr 0000000
Net Profit Qtr Cr -13-11-100-7-9-2-8
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 48332
Operating Expenses Annual Cr 42340
Operating Profit Annual in Cr 4-10
Depreciation Cr 429
Interest Annual Cr 034
Tax Annual Cr 00
Net Profit Annual Cr -118-70
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 3011
Cash from Investing Activity Annual Cr 2-10
Cash from Financing Annual Activity Cr -32-1
Net Cash Flow Annual Cr 00
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 140259
Fixed Assets Annual Cr 349687
Total Non Current Assets Annual Cr 350692
Total Current Assets Annual Cr 274113
Total Assets Annual Cr 625804
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 1018
ROE Annual % -84-27
ROCE Annual % 0-10
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 13-2
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 %

Shree Rama Newsprint Technicals

EMA & SMA

Current Price
₹16.15
0.2 (1.25%)
pointer
  • Bullish Moving Average
  • ___
  • 11
  • Bearish Moving Average
  • ___
  • 5
  • 20 Day
  • ₹15.93
  • 50 Day
  • ₹15.26
  • 100 Day
  • ₹14.66
  • 200 Day
  • ₹14.39
  • 20 Day
  • ₹15.79
  • 50 Day
  • ₹15.18
  • 100 Day
  • ₹14.28
  • 200 Day
  • ₹13.50

Shree Rama Newsprint Resistance and Support

PIVOT
₹16.19
Resistance
First Resistance 16.47
Second Resistance 16.78
Third Resistance 17.07
RSI 53.96
MFI 56.59
MACD Single Line 0.48
MACD 0.48
Support
First Resistance 15.87
Second Resistance 15.58
Third Resistance 15.27

Shree Rama Newsprint Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 517,915 8,473,089 16.36
Week 648,574 13,730,317 21.17
1 Month 734,092 20,848,216 28.4
6 Month 291,249 12,363,536 42.45

Shree Rama Newsprint Result Highlights

Shree Rama Newsprint Synopsis

NSE-Paper & Paper Products

Shree Rama Newsprint belongs to the Industry of Paper & Paper Products. Company’s Total Operating Revenue is Rs. 46.70 Cr. and Equity Capital is Rs. 147.52 Cr. for the Year ended 31/03/2023. Shree Rama Newsprint Ltd. is a Public Limited Listed company incorporated on 10/07/1991 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L21010GJ1991PLC019432 and registration number is 019432.
Market Cap 238
Sales 54
Shares in Float 3.69
No of funds 37
Yield
Book Value 1.7
U/D Vol ratio 1.5
LTDebt / Equity 249
Alpha
Beta 1.79

Shree Rama Newsprint

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 74.76%74.76%74.76%74.76%
Mutual Funds 0.03%0.03%0.03%0.03%
Foreign Portfolio Investors 0.05%0.05%0.05%0.05%
Financial Institutions/ Banks 1.53%0.01%1.53%0.01%
Individual Investors 18.45%18.66%18.59%18.54%
Others 5.18%6.49%5.04%6.61%

Shree Rama Newsprint Management

Name Designation
Mr. Ganpatraj L Chowdhary Chairman
Mr. Siddharth G Chowdhary Whole Time Director
Mrs. Meenu Singhvi Independent Director
Mr. K L Chandak Independent Director
Mr. Akshay Jain Independent Director
Mrs. Pallavi Mittal Independent Director
Mr. Ambalal C Patel Independent Director

Shree Rama Newsprint Forecast

Price Estimates

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

Other Analyst Rating

Shree Rama Newsprint Corporate Action

Date Purpose Remarks
2023-11-04 Quarterly Results
2023-08-11 Quarterly Results
2023-05-29 Audited Results
2023-02-24 Preferential issue of shares
2023-02-14 Quarterly Results

Shree Rama Newsprint FAQs

What is Share Price of Shree Rama Newsprint ?

Shree Rama Newsprint share price is ₹16 As on 02 December, 2023 | 20:07

What is the Market Cap of Shree Rama Newsprint ?

The Market Cap of Shree Rama Newsprint is ₹238.2 Cr As on 02 December, 2023 | 20:07

What is the P/E ratio of Shree Rama Newsprint ?

The P/E ratio of Shree Rama Newsprint is -1.8 As on 02 December, 2023 | 20:07

What is the PB ratio of Shree Rama Newsprint ?

The PB ratio of Shree Rama Newsprint is 1.7 As on 02 December, 2023 | 20:07

Q2FY23