Rolex Rings Share Price
- Advice
- Hold
Start SIP in Rolex Rings
Start SIPRolex Rings Performance
Day Range
- Low 2,323
- High 2,457
52 Week Range
- Low 1,720
- High 2,794
- Open Price2,337
- Previous Close2,316
- Volume21834
Rolex Rings Investment Rating
-
Master Rating:
-
Rolex Rings has an operating revenue of Rs. 1,221.19 Cr. on a trailing 12-month basis. An annual revenue growth of 3% is not great, Pre-tax margin of 17% is great, ROE of 17% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 50DMA and close to 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 -11% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 66 which is a FAIR score but needs to improve its earnings, a RS Rating of 35 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 111 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive 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
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 311 | 316 | 273 | 321 | 311 | 299 |
| Operating Expenses Qtr Cr | 240 | 244 | 221 | 237 | 241 | 235 |
| Operating Profit Qtr Cr | 71 | 72 | 53 | 84 | 70 | 65 |
| Depreciation Qtr Cr | 9 | 12 | 7 | 7 | 7 | 7 |
| Interest Qtr Cr | 0 | 1 | 0 | 1 | 1 | 0 |
| Tax Qtr Cr | 17 | 8 | 13 | 16 | 17 | 11 |
| Net Profit Qtr Cr | 50 | 24 | 37 | 63 | 48 | 46 |
Rolex Rings Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 6
- Bearish Moving Average
- ___
- 10
- 20 Day
- ₹2,438.34
- 50 Day
- ₹2,430.80
- 100 Day
- ₹2,382.04
- 200 Day
- ₹2,305.64
- 20 Day
- ₹2,458.05
- 50 Day
- ₹2,427.78
- 100 Day
- ₹2,431.12
- 200 Day
- ₹2,270.31
Rolex Rings Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 2,458.17 |
| Second Resistance | 2,524.38 |
| Third Resistance | 2,591.77 |
| RSI | 46.42 |
| MFI | 42.10 |
| MACD Single Line | 1.65 |
| MACD | -17.82 |
| Support | |
|---|---|
| First Support | 2,324.57 |
| Second Support | 2,257.18 |
| Third Supoort | 2,190.97 |
Rolex Rings Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 23,502 | 759,115 | 32.3 |
| Week | 20,981 | 1,304,389 | 62.17 |
| 1 Month | 23,638 | 1,195,871 | 50.59 |
| 6 Month | 39,469 | 2,301,041 | 58.3 |
Rolex Rings Result Highlights
Rolex Rings Synopsis
NSE-Machinery-Gen Industrial
Rolex Rings is involved in the business activities of Manufacture of other articles. Company’s Total Operating Revenue is Rs. 1221.76 Cr. and Equity Capital is Rs. 27.23 Cr. for the Year ended 31/03/2024. Rolex Rings Ltd. is a Public Limited Listed company incorporated on 13/02/2003 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L28910GJ2003PLC041991 and registration number is 041991.| Market Cap | 6,308 |
| Sales | 1,221 |
| Shares in Float | 1.23 |
| No of funds | 64 |
| Yield |
| Book Value | 7.02 |
| U/D Vol ratio | 1 |
| LTDebt / Equity | |
| Alpha | -0.07 |
| Beta | 0.89 |
Rolex Rings Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 55.25% | 55.25% | 55.25% | 55.25% |
| Mutual Funds | 29.01% | 28.62% | 30.33% | 30.74% |
| Insurance Companies | 0.29% | 0.45% | 0.49% | |
| Foreign Portfolio Investors | 6.99% | 7.75% | 6.28% | 5.6% |
| Individual Investors | 6.18% | 6.05% | 5.69% | 5.96% |
| Others | 2.57% | 2.04% | 2% | 1.96% |
Rolex Rings Management
| Name | Designation |
|---|---|
| Mr. Manesh Dayashankar Madeka | Chairman & Managing Director |
| Mr. Bhautik Dayashankar Madeka | Whole Time Director |
| Mr. Mihir Rupeshkumar Madeka | Whole Time Director |
| Mr. Pravinchandra Ratilal Dholakia | Independent Director |
| Ms. Jignasa Pravinchandra Mehta | Independent Woman Director |
| Mr. Ashit Ravishankar Vankani | Independent Director |
Rolex Rings Forecast
Price Estimates
Rolex Rings Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-08-09 | Quarterly Results | |
| 2024-05-20 | Audited Results | |
| 2024-02-01 | Quarterly Results | |
| 2023-11-07 | Quarterly Results | |
| 2023-08-10 | Quarterly Results |
Rolex Rings FAQs
What is Share Price of Rolex Rings ?
Rolex Rings share price is ₹2,391 As on 09 October, 2024 | 21:46
What is the Market Cap of Rolex Rings ?
The Market Cap of Rolex Rings is ₹6514.1 Cr As on 09 October, 2024 | 21:46
What is the P/E ratio of Rolex Rings ?
The P/E ratio of Rolex Rings is 37.5 As on 09 October, 2024 | 21:46
What is the PB ratio of Rolex Rings ?
The PB ratio of Rolex Rings is 7.3 As on 09 October, 2024 | 21:46
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