543590

Rhetan Tmt Share PriceRhetan TMT

₹9.3
As on 22 September, 2023 | 14:02 BSE: 543590 NSE: RHETANISIN: INE0KKN01029

Rhetan Tmt Performance

Day Range

  • Low
  • High
9.3

52 Week Range

  • Low
  • High
9.3
  • Open Price
  • Previous Close
  • Volume

Start SIP in Rhetan TMT

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Rhetan Tmt Share Price

  • Over 1 Month 18.17%
  • Over 3 Month -9.71%
  • Over 6 Month -36.3%
  • Over 1 Year 351.46%

Rhetan Tmt Key Statistics

Rhetan Tmt Investment Rating

  • Master Rating:
  • Rhetan Tmt has an operating revenue of Rs. 225.15 Cr. on a trailing 12-month basis. An annual revenue growth of 30% is outstanding, Pre-tax margin of 8% is okay, ROE of 6% is fair but needs improvement. The company has a reasonable debt to equity of 6%, 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 0 which is a POOR score indicating inconsistency in earnings, a RS Rating of 84 which is GOOD indicating the outperformance 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 Steel-Producers and a Master Score of D is close to being the worst. Overall, the stock has some relative strength and buyer demand but we want to see further fundamental performance to qualify as a growth stock.

EPS Strength

N/A

Price Strength

Buyer Demand

Group Rank

Rhetan TMT Financials
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 8767
Operating Expenses Annual Cr 7862
Operating Profit Annual in Cr 85
Depreciation Cr 10
Interest Annual Cr 11
Tax Annual Cr 21
Net Profit Annual Cr 52
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -14
Cash from Investing Activity Annual Cr 0
Cash from Financing Annual Activity Cr 15
Net Cash Flow Annual Cr 0
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 8523
Fixed Assets Annual Cr 98
Total Non Current Assets Annual Cr 1210
Total Current Assets Annual Cr 10048
Total Assets Annual Cr 11358
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 117
ROE Annual % 610
ROCE Annual % 911
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 117
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 %

Rhetan Tmt Technicals

EMA & SMA

Current Price
₹9.3
0 (0%)
  • Bullish Moving Average
  • ___
  • 2
  • Bearish Moving Average
  • ___
  • 14
  • 20 Day
  • ₹9.41
  • 50 Day
  • ₹9.53
  • 100 Day
  • ₹9.74
  • 200 Day
  • ₹9.14
  • 20 Day
  • ₹9.53
  • 50 Day
  • ₹9.36
  • 100 Day
  • ₹9.99
  • 200 Day
  • ₹10.51

Rhetan Tmt Resistance and Support

PIVOT
₹9.39
Resistance
First Resistance ₹9.57
Second Resistance ₹9.83
Third Resistance ₹10.01
RSI 48.45
MFI 54.84
MACD Single Line 0.04
MACD 0.02
Support
First Resistance ₹9.13
Second Resistance ₹8.95
Third Resistance ₹8.69

Rhetan Tmt Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 30,000 1,500,000 50
Week 65,625 5,062,313 77.14
1 Month 114,000 8,137,320 71.38
6 Month 188,710 16,306,403 86.41

Rhetan Tmt Result Highlights

Rhetan TMT Synopsis

BSE-Steel-Producers

Rhetan Tmt belongs to the Industry of Castings/Foundry. Company’s Total Operating Revenue is Rs. 86.02 Cr. and Equity Capital is Rs. 79.69 Cr. for the Year ended 31/03/2023. Rhetan TMT Ltd. is a Public Limited Listed company incorporated on 26/06/1984 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L27100GJ1984PLC007041 and registration number is 007041.
Market Cap 741
Sales 86
Shares in Float 0.81
No of funds 2
Yield
Book Value 8.69
U/D Vol ratio
LTDebt / Equity 6
Alpha 1.85
Beta 1.32

Rhetan TMT

Owner NameMar-23Sep-22
Promoters 62.12%62.12%
Foreign Portfolio Investors 0.55%
Individual Investors 15.39%16.77%
Others 21.94%21.11%

Rhetan TMT Management

Name Designation
Mr. Shalin Shah Managing Director
Mr. Ashok Shah Non Executive Director
Mr. Rushabh Shah Ind. Non-Executive Director
Mr. Twinkle Chheda Ind. Non-Executive Director

Rhetan Tmt Forecast

Price Estimates

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

Other Analyst Rating

Rhetan Tmt Corporate Action

Date Purpose Remarks
2023-05-24 Audited Results
2022-12-30 Others Inter alia, 1.To consider and approve the migration process from SME to Main Board of the Stock Exchange(s) in terms of Regulation 277 and other applicable provisions of SEBI. split from Rs. 10/- to Re. 1/-.
2022-12-21 Bonus issue & Stock split
2022-11-12 Half Yearly Results
Date Purpose Remarks
2023-03-10 Bonus Re.0.00 issue in the ratio of 11:4 of Re. 1/-
Date Purpose Remarks
2023-03-10 Split Rs.0.00 split from Rs. 10/- to Re. 1/-.
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Rhetan TMT FAQs

What is Share Price of Rhetan TMT ?

Rhetan TMT share price is ₹9 As on 22 September, 2023 | 13:48

What is the Market Cap of Rhetan TMT ?

The Market Cap of Rhetan TMT is ₹741.1 Cr As on 22 September, 2023 | 13:48

What is the P/E ratio of Rhetan TMT ?

The P/E ratio of Rhetan TMT is As on 22 September, 2023 | 13:48

What is the PB ratio of Rhetan TMT ?

The PB ratio of Rhetan TMT is 8.7 As on 22 September, 2023 | 13:48

Q2FY23