Ram Ratna Wires Share PriceRam Ratna Wires

₹284.85
4.2 (1.5%)
As on 22 September, 2023 | 05:55 BSE: 522281 NSE: RAMRATISIN: INE207E01023

Ram Ratna Wires Performance

Day Range

  • Low 279
  • High 290
284.85

52 Week Range

  • Low 148.05
  • High 345.45
284.85
  • Open Price281.75
  • Previous Close280.65
  • Volume113923

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Ram Ratna Wires Share Price

  • Over 1 Month 0.07%
  • Over 3 Month 2.08%
  • Over 6 Month 72.69%
  • Over 1 Year 32.18%

Ram Ratna Wires Key Statistics

P/E Ratio 28.3
PEG Ratio -1.5
Market Cap Cr 1,253
Price to Book Ratio 3.8
EPS 9.6
Dividend 0.9
Relative Strength Index 42.31
Money Flow Index 54.5
MACD Signal 0.4
Average True Range 15.57

Ram 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

Ram Ratna Wires Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 645642528554604564
Operating Expenses Qtr Cr 623616504535582537
Operating Profit Qtr Cr 222624192227
Depreciation Qtr Cr 444444
Interest Qtr Cr 777665
Tax Qtr Cr 444335
Net Profit Qtr Cr 10141181016
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,3362,020
Operating Expenses Annual Cr 2,2371,918
Operating Profit Annual in Cr 9295
Depreciation Cr 1616
Interest Annual Cr 2620
Tax Annual Cr 1416
Net Profit Annual Cr 4349
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 153
Cash from Investing Activity Annual Cr -12
Cash from Financing Annual Activity Cr -135
Net Cash Flow Annual Cr 6
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 304265
Fixed Assets Annual Cr 109121
Total Non Current Assets Annual Cr 220209
Total Current Assets Annual Cr 499416
Total Assets Annual Cr 719624
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 69120
ROE Annual % 1418
ROCE Annual % 2123
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 45
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 724724612620693637
Operating Expenses Qtr Cr 700692583598667606
Operating Profit Qtr Cr 253229222631
Depreciation Qtr Cr 545554
Interest Qtr Cr 1098787
Tax Qtr Cr 465345
Net Profit Qtr Cr 9151281016
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,6572,295
Operating Expenses Annual Cr 2,5412,179
Operating Profit Annual in Cr 109109
Depreciation Cr 1818
Interest Annual Cr 3327
Tax Annual Cr 1718
Net Profit Annual Cr 4552
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 151
Cash from Investing Activity Annual Cr -19
Cash from Financing Annual Activity Cr -121
Net Cash Flow Annual Cr 11
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 312271
Fixed Assets Annual Cr 149157
Total Non Current Assets Annual Cr 241229
Total Current Assets Annual Cr 587486
Total Assets Annual Cr 829715
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 74128
ROE Annual % 1419
ROCE Annual % 2224
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 45

Ram Ratna Wires Technicals

EMA & SMA

Current Price
₹284.85
4.2 (1.5%)
  • 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

PIVOT
₹284.62
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 NameJun-23Mar-23Dec-22Sep-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

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

Other Analyst Rating

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/-.
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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

Q2FY23