Rolex Rings
Rolex Rings Performance
Day Range
- Low 2,352.90
- High 2,397.00
52 Week Range
- Low 1,622.65
- High 2,550.00
- Open Price2,375.15
- Previous Close2,353.60
- Volume10000
Start SIP in Rolex Rings
Start SIPRolex 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
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 321 | 311 | 299 | 308 | 290 | 287 | 289 |
Operating Expenses Qtr Cr | 237 | 241 | 235 | 240 | 226 | 223 | 223 |
Operating Profit Qtr Cr | 84 | 70 | 65 | 68 | 64 | 64 | 66 |
Depreciation Qtr Cr | 7 | 7 | 7 | 7 | 7 | 6 | 6 |
Interest Qtr Cr | 1 | 1 | 0 | 4 | 2 | 4 | 5 |
Tax Qtr Cr | 16 | 17 | 11 | 12 | 11 | 11 | 21 |
Net Profit Qtr Cr | 63 | 48 | 46 | 53 | 49 | 50 | 39 |
Rolex Rings Technicals
EMA & SMA

- 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
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 Name | Sep-23 | Jun-23 | Mar-23 | Dec-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
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 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