Ram Ratna Wires
Ram Ratna Wires Performance
Day Range
- Low 279
- High 290
52 Week Range
- Low 148.05
- High 345.45
- Open Price281.75
- Previous Close280.65
- Volume113923
Start SIP in Ram Ratna Wires
Start SIPRam Ratna Wires Investment Rating
-
Master Rating:
-
Ram Ratna Wires has an operating revenue of Rs. 2,680.81 Cr. on a trailing 12-month basis. An annual revenue growth of 16% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 14% is good. The company has a reasonable debt to equity of 31%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 27% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -14% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 71 which is a FAIR score but needs to improve its earnings, a RS Rating of 71 which is FAIR indicating the recent price performance, Buyer Demand at C which is evident from recent supply seen, Group Rank of 47 indicates it belongs to a fair industry group of Electrical-Power/Equipmt and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. 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
| Indicator | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 645 | 642 | 528 | 554 | 604 | 564 |
| Operating Expenses Qtr Cr | 623 | 616 | 504 | 535 | 582 | 537 |
| Operating Profit Qtr Cr | 22 | 26 | 24 | 19 | 22 | 27 |
| Depreciation Qtr Cr | 4 | 4 | 4 | 4 | 4 | 4 |
| Interest Qtr Cr | 7 | 7 | 7 | 6 | 6 | 5 |
| Tax Qtr Cr | 4 | 4 | 4 | 3 | 3 | 5 |
| Net Profit Qtr Cr | 10 | 14 | 11 | 8 | 10 | 16 |
Ram Ratna Wires Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 6
- Bearish Moving Average
- ___
- 10
- 20 Day
- ₹295.77
- 50 Day
- ₹291.79
- 100 Day
- ₹271.47
- 200 Day
- ₹241.52
- 20 Day
- ₹297.82
- 50 Day
- ₹299.58
- 100 Day
- ₹271
- 200 Day
- ₹219.98
Ram Ratna Wires Resistance and Support
| Resistance | |
|---|---|
| First Resistance | ₹290.24 |
| Second Resistance | ₹295.62 |
| Third Resistance | ₹301.24 |
| RSI | 42.31 |
| MFI | 54.5 |
| MACD Single Line | 0.4 |
| MACD | -2.76 |
| Support | |
|---|---|
| First Resistance | ₹279.24 |
| Second Resistance | ₹273.62 |
| Third Resistance | ₹268.24 |
Ram Ratna Wires Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 133,355 | 5,846,283 | 43.84 |
| Week | 170,867 | 7,027,749 | 41.13 |
| 1 Month | 271,611 | 9,185,879 | 33.82 |
| 6 Month | 155,107 | 6,638,569 | 42.8 |
Ram Ratna Wires Result Highlights
Ram Ratna Wires Synopsis
NSE-Electrical-Power/Equipmt
Ram Ratna Wires is involved in the business activities of Manufacture of other electronic and electric wires and cables (insulated wire and cable made of steel, copper, aluminium). Company’s Total Operating Revenue is Rs. 2328.17 Cr. and Equity Capital is Rs. 22.00 Cr. for the Year ended 31/03/2023. Ram Ratna Wires Ltd. is a Public Limited Listed company incorporated on 21/07/1992 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L31300MH1992PLC067802 and registration number is 067802.| Market Cap | 1,253 |
| Sales | 2,369 |
| Shares in Float | 1.19 |
| No of funds | 14 |
| Yield | 0.89 |
| Book Value | 4.13 |
| U/D Vol ratio | 1.2 |
| LTDebt / Equity | 20 |
| Alpha | 0.13 |
| Beta | 0.79 |
Ram Ratna Wires
| Owner Name | Jun-23 | Mar-23 | Dec-22 | Sep-22 |
|---|---|---|---|---|
| Promoters | 73.04% | 73.04% | 73.04% | 73.04% |
| Foreign Portfolio Investors | 0.57% | 0.57% | 0.59% | 0.42% |
| Individual Investors | 21.04% | 22.08% | 24.13% | 24.12% |
| Others | 5.35% | 4.31% | 2.24% | 2.42% |
Ram Ratna Wires Management
| Name | Designation |
|---|---|
| Mr. Rameshwarlal Kabra | Chairman Emeritus |
| Mr. Tribhuvanprasad Kabra | Chairman |
| Mr. Mahendrakumar Kabra | Managing Director |
| Mr. Hemant Kabra | Executive Director & CFO |
| Mr. Sandeep Jhanwar | Independent Director |
| Mr. R Kannan | Independent Director |
| Mr. Ramesh Chandak | Independent Director |
| Mrs. Payal Agarwal | Independent Director |
Ram Ratna Wires Forecast
Price Estimates
Ram Ratna Wires Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-08-09 | Quarterly Results | |
| 2023-05-26 | Audited Results & Final Dividend | |
| 2023-02-08 | Quarterly Results | |
| 2022-11-14 | Quarterly Results | |
| 2022-08-10 | Quarterly Results & Bonus issue |
| Date | Purpose | Remarks |
|---|---|---|
| 2023-09-01 | FINAL | Rs.2.50 per share(50%)Final Dividend |
| 2022-08-26 | FINAL | Rs.5.00 per share(100%)Final Dividend |
| Date | Purpose | Remarks |
|---|---|---|
| 2022-09-29 | Bonus | Rs.0.00 issue in the ratio of 1:1 of Rs. 5/-. |
- Company Name
- CMP
- Chg(%)
- Adani Ports
- 831
- 1.6
- Tech Mahindra
- 1292
- 1.4
- Dr Reddys Labs
- 5669
- 1.0
- Asian Paints
- 3244
- 0.9
- Bharti Airtel
- 918
- 0.8
- Company Name
- CMP
- Chg(%)
Ram Ratna Wires FAQs
What is Share Price of Ram Ratna Wires ?
Ram Ratna Wires share price is ₹284 As on 22 September, 2023 | 05:41
What is the Market Cap of Ram Ratna Wires ?
The Market Cap of Ram Ratna Wires is ₹1253.3 Cr As on 22 September, 2023 | 05:41
What is the P/E ratio of Ram Ratna Wires ?
The P/E ratio of Ram Ratna Wires is 28.3 As on 22 September, 2023 | 05:41
What is the PB ratio of Ram Ratna Wires ?
The PB ratio of Ram Ratna Wires is 3.8 As on 22 September, 2023 | 05:41