ROLEXRINGS

Rolex Rings Share PriceRolex Rings

₹2,384.3
30.7 (1.3%)
As on 10 December, 2023 | 03:17 BSE: 543325 NSE: ROLEXRINGSISIN: INE645S01016

Rolex Rings Performance

Day Range

  • Low 2,352.90
  • High 2,397.00
₹ 2,384.3

52 Week Range

  • Low 1,622.65
  • High 2,550.00
₹ 2,384.3
  • Open Price2,375.15
  • Previous Close2,353.60
  • Volume10000

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Rolex Rings Share Price

  • Over 1 Month 5.02%
  • Over 3 Month 5.65%
  • Over 6 Month 22%
  • Over 1 Year 26.92%

Rolex Rings Key Statistics

P/E Ratio 30.8
PEG Ratio 1.2
Market Cap Cr 6,493
Price to Book Ratio 8.7
EPS 72.7
Dividend 0
Relative Strength Index 55.37
Money Flow Index 65.86
MACD Signal 39.6
Average True Range 83.05

Rolex Rings Investment Rating

  • Master Rating:
  • Rolex Rings has an operating revenue of Rs. 1,239.89 Cr. on a trailing 12-month basis. An annual revenue growth of 17% is outstanding, Pre-tax margin of 21% is great, ROE of 26% 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 close to its 50DMA and comfortably placed above its 200DMA, around 12% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around -1% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 85 which is a GOOD score indicating consistency in earnings, a RS Rating of 48 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 89 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 is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Rolex Rings Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 321311299308290287289
Operating Expenses Qtr Cr 237241235240226223223
Operating Profit Qtr Cr 84706568646466
Depreciation Qtr Cr 7777766
Interest Qtr Cr 1104245
Tax Qtr Cr 16171112111121
Net Profit Qtr Cr 63484653495039
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,1981,028
Operating Expenses Annual Cr 918788
Operating Profit Annual in Cr 261229
Depreciation Cr 2726
Interest Annual Cr 1020
Tax Annual Cr 4562
Net Profit Annual Cr 198132
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 21359
Cash from Investing Activity Annual Cr -44-68
Cash from Financing Annual Activity Cr -1518
Net Cash Flow Annual Cr 18-1
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 743545
Fixed Assets Annual Cr 437426
Total Non Current Assets Annual Cr 469447
Total Current Assets Annual Cr 545538
Total Assets Annual Cr 1,013985
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 273200
ROE Annual % 2724
ROCE Annual % 3133
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2424
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 %

Rolex Rings Technicals

EMA & SMA

Current Price
₹2,384.3
30.7 (1.3%)
pointer
  • Bullish Moving Average
  • ___
  • 12
  • Bearish Moving Average
  • ___
  • 4
  • 20 Day
  • ₹2,352.90
  • 50 Day
  • ₹2,294.95
  • 100 Day
  • ₹2,233.43
  • 200 Day
  • ₹2,125.69
  • 20 Day
  • ₹2,345.69
  • 50 Day
  • ₹2,275.58
  • 100 Day
  • ₹2,239.53
  • 200 Day
  • ₹2,110.99

Rolex Rings Resistance and Support

PIVOT
₹2,378.07
Resistance
First Resistance 2,403.23
Second Resistance 2,422.17
Third Resistance 2,447.33
RSI 55.37
MFI 65.86
MACD Single Line 39.60
MACD 42.54
Support
First Resistance 2,359.13
Second Resistance 2,333.97
Third Resistance 2,315.03

Rolex Rings Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 11,729 677,115 57.73
Week 33,923 2,333,224 68.78
1 Month 21,612 1,234,475 57.12
6 Month 42,989 2,364,389 55

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. 1178.95 Cr. and Equity Capital is Rs. 27.23 Cr. for the Year ended 31/03/2023. 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 6,493
Sales 1,240
Shares in Float 1.23
No of funds 58
Yield
Book Value 8.74
U/D Vol ratio 1.3
LTDebt / Equity 4
Alpha 0.08
Beta 0.81

Rolex Rings

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 55.25%55.25%57.64%57.64%
Mutual Funds 30.74%31.3%30.49%30.25%
Insurance Companies 0.49%0.49%0.69%1.26%
Foreign Portfolio Investors 5.6%5.01%4.06%3.93%
Individual Investors 5.96%6.05%5.52%5.51%
Others 1.96%1.9%1.6%1.41%

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
Mr. Dipesh Dhirajlal Kundaliya Independent Director
Ms. Jignasa Pravinchandra Mehta Independent Woman Director
Mr. Ashit Ravishankar Vankani Independent Director

Rolex Rings Forecast

Price Estimates

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

Other Analyst Rating

Rolex Rings Corporate Action

Date Purpose Remarks
2023-11-07 Quarterly Results
2023-08-10 Quarterly Results
2023-05-25 Audited Results (Revised)
2023-02-07 Quarterly Results
2022-11-09 Quarterly Results

Rolex Rings MF Shareholding

Name Amount(cr)
Nippon India Small Cap Fund - Growth 41,019
Axis Small Cap Fund Regular Growth 16,369
SBI Large & Midcap Fund Regular Payout Inc Dist cum Cap Wdrl 15,649
Kotak Small Cap Growth 12,163
ICICI Prudential Flexicap Fund Regular Growth 12,009

Rolex Rings FAQs

What is Share Price of Rolex Rings ?

Rolex Rings share price is ₹2,384 As on 10 December, 2023 | 03:03

What is the Market Cap of Rolex Rings ?

The Market Cap of Rolex Rings is ₹6493.2 Cr As on 10 December, 2023 | 03:03

What is the P/E ratio of Rolex Rings ?

The P/E ratio of Rolex Rings is 30.8 As on 10 December, 2023 | 03:03

What is the PB ratio of Rolex Rings ?

The PB ratio of Rolex Rings is 8.7 As on 10 December, 2023 | 03:03

Q2FY23