Rajratan Global Wire Ltd (RAJRATAN)
₹588.95▲3.1%
Analyst Rating
based on 4 analysts
50.00%
Buy
50.00%
Hold
0.00%
Sell
Based on 4 analysts offering long term price targets for Rajratan Global Wire Ltd. An average target of ₹772
Source: S&P Global Market Intelligence
Rajratan Global Wire Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹574₹590.0552 Week's Low
52 Week's High
₹501₹859
| Returns % | |
| 1 Month Return | -3.15 % |
| 3 Month Return | -10.6 % |
| 1 Year Return | -22.36 % |
| Market Stats | |
| Previous Close | ₹571.25 |
| Open | ₹574.00 |
| Volume | 21.82K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,900.29Cr |
Key Statistics
| P/E Ratio | 40.34 |
| PEG Ratio | -7.27 |
| Market Cap | ₹2,900.29 Cr |
| P/B Ratio | 8.48 |
| EPS | 6.512 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹2,900.29 Cr | 286.46% | 0.64 | ₹71 Cr | ₹895 Cr |
 | NA | ₹76.62 Cr | 89.12% | 0.71 | NA | NA |
| NA | ₹5.97 Cr | 8.29% | 0.93 | NA | NA |
| NA | ₹28.20 Cr | 80.38% | 2.53 | NA | NA |
 | NA | ₹126.51 Cr | 85.42% | 0.62 | NA | NA |
Mutual Fund Holdings
Company Information
Share Price: ₹588.95 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹2,900.29Cr as of today
Revenue: ₹239.57Cr as on March 2024 (Q1 24)
Net Profit: ₹20.24Cr as on March 2024 (Q1 24)
Listing date: 22 May, 2020
Chairperson Name: Sunil Chordia
| Organisation | Rajratan Global Wire Ltd |
| Headquarters | |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Rajratan Global Wire Ltd
Rajratan Global Wire to Pay Dividend of Rs 2.00 per Share - 13 Jul, 2024
Rajratan Global Wire Limited has announced a dividend payment of Rs 2.00 per share, with a dividend yield of 0.3%. While earnings easily covered the dividend, negative free cash flows raise concerns about sustainability. However, with a low payout ratio and rapidly growing earnings, the company could become a great dividend stock.
Insights on Rajratan Global Wire Ltd
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 4 quarters, 12.43 Cr → 20.24 Cr (in ₹), with an average increase of 13.3% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 4 quarters, 205.15 Cr → 240.57 Cr (in ₹), with an average increase of 5.2% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 0.73% to 0.87% in Mar 2024 quarter
- POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 65.10% to 65.14% in Mar 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 25.49% to 26.02% in Mar 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Jindal Steel & Power Ltd has given 136.0% return, outperforming this stock by 90.3%
- NO EFFECT
Against Peers
In the last 1 year, Bharat Forge Ltd has given 87.6% return, outperforming this stock by 110.0%
NEGATIVE IMPACTPrice Dip
In the last 1 year, RAJRATAN stock has moved down by -22.4%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 8.28% to 7.59% in Mar 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹239.57Cr | ↑2.96% |
Net Income | ₹20.24Cr | ↑2.85% |
Net Profit Margin | 8.45% | ↓0.12% |
| 2024 | Y/Y Change | |
|---|---|---|
Revenue | ₹895.53Cr | ↓0.90% |
Net Income | ₹71.83Cr | ↓28.26% |
Net Profit Margin | 8.02% | ↓27.62% |
| 2024 | Y/Y Change | |
|---|---|---|
Total Assets | ₹587.96Cr | ↑12.53% |
Total Liabilities | ₹236.00Cr | ↑9.10% |
| 2024 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹85.45Cr | ↓16.99% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 65.14% | 0.00 | |
| Foreign Institutions | 0.87% | 0.00 | |
| Mutual Funds | 7.59% | 0.00 | |
| Retail Investors | 26.02% | 0.00 | |
| Others | 0.38% | 0.00 |
Key Indicators
Rajratan Global Wire Ltd Valuation
Rajratan Global Wire Ltd in the last 5 years
Lowest (6.44x)
May 27, 2020
Industry (28.16x)
July 23, 2024
Today (40.34x)
July 23, 2024
Highest (57.84x)
October 19, 2023
Earnings and Dividends
Rajratan Global Wire Ltd Earnings Results
Rajratan Global Wire Ltd’s net profit fell -0.2% since last year same period to ₹20.24Cr in the Q4 2023-2024. On a quarterly growth basis, Rajratan Global Wire Ltd has generated 2.85% jump in its net profits since last 3-months.
Read More about Earnings ResultsRajratan Global Wire Ltd Dividends April,2024
In the quarter ending March 2024, Rajratan Global Wire Ltd has declared dividend of ₹2 - translating a dividend yield of 0.35%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Rajratan Global Wire Ltd is currently in a Bearish trading position according to technical analysis indicators.
Frequently Asked Questions
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Rajratan Global Wire Ltd (RAJRATAN) share price today is ₹588.95
Rajratan Global Wire Ltd is listed on NSE
Rajratan Global Wire Ltd is listed on BSE
- Today’s highest price of Rajratan Global Wire Ltd is ₹590.05.
- Today’s lowest price of Rajratan Global Wire Ltd is ₹574.
PE Ratio of Rajratan Global Wire Ltd is 40.34
PE ratio = Rajratan Global Wire Ltd Market price per share / Rajratan Global Wire Ltd Earnings per share
Today’s traded volume of Rajratan Global Wire Ltd(RAJRATAN) is 21.82K.
Today’s market capitalisation of Rajratan Global Wire Ltd(RAJRATAN) is ₹2900.29Cr.
| Rajratan Global Wire Ltd(RAJRATAN | Price |
|---|---|
52 Week High | ₹859 |
52 Week Low | ₹501 |
Rajratan Global Wire Ltd(RAJRATAN) share price is ₹588.95. It is down -31.44% from its 52 Week High price of ₹859
Rajratan Global Wire Ltd(RAJRATAN) share price is ₹588.95. It is up 17.55% from its 52 Week Low price of ₹501
| Rajratan Global Wire Ltd(RAJRATAN | Returns |
|---|---|
1 Day Returns | 17.7% |
1 Month Returns | -3.15% |
3 Month Returns | -10.6% |
1 Year Returns | -22.36% |