Rajratan Global Wire Ltd Share Price (RAJRATAN)
₹639
Rajratan Global Wire Ltd share Performance
- ₹636₹655.2₹639
0.47%
Low
Day's Volatility:3.00%
High
2.54%
- ₹578.5₹882₹639
9.47%
Low
52 Weeks Volatility:47.50%
High
38.03%
| Returns % | |
| 1 Month Return | 8.39 % |
| 3 Month Return | -6.59 % |
| 1 Year Return | -17.18 % |
| Market Stats | |
| Previous Close | ₹648.80 |
| Open | ₹655.20 |
| Volume | 41.22K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,294.02Cr |
Analyst Rating for Rajratan Global Wire Ltd stock
based on 4 analysts
Based on 4 analysts offering long term price targets for Rajratan Global Wire Ltd. An average target of ₹872.25
Source: S&P Global Market Intelligence
Company Information
Share Price: ₹639.00 per share as on 24 Apr, 2024 04:01 PM
Market Capitalisation: ₹3,294.02Cr 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 GLO Reports Q4 Results with Revenue Growth of 9.18% - 24 Apr, 2024
RAJRATAN GLO reported a 9.18% YoY increase in revenue for Q4, reaching ₹239.57Cr. However, profit saw a slight decline of 0.15% YoY at ₹20.24Cr. The company's stock had negative returns of -13.98% in the last 6 months and -15.36% YTD. Analysts have rated it as Hold or Strong Buy.
Rajratan Global's Focus Shifts to Volumes Over Margins - 23 Apr, 2024
Rajratan Global Wire Ltd.'s CMD has announced a shift in focus from margins to volumes and targets production of 1.25 lakh tonnes by the end of FY25. The company's standalone net sales for March 2024 were down 13.42% YoY.
Rajratan Global Wire's ROCE Falls to 19% - 05 Apr, 2024
Rajratan Global Wire's return on capital employed (ROCE) has fallen from 24% over the last five years to 19% in the trailing twelve months to December 2023. The company has been employing more capital without a corresponding improvement in sales, which could suggest these investments are longer-term plays. While the stock has delivered gains to shareholders who have held it for three years, the underlying trends may not support further growth.
Fundamentals of Rajratan Global Wire Ltd
Insights on Rajratan Global Wire Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 8.04% to 8.28% in Dec 2023 quarter
- POSITIVE IMPACT
Profit 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
FII Holding Up
Foreign Institutions have increased holdings from 0.64% to 0.73% in Dec 2023 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
Best in 3 Years
In the last 3 years, RAJRATAN has outperformed top 5 stocks with highest market-cap in Iron & Steel
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 65.10% of holdings in Dec 2023 quarter
- NO EFFECT
Against Peers
In the last 1 year, NMDC Ltd has given 113.6% return, outperforming this stock by 130.8%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 25.84% to 25.49% in Dec 2023 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 year, RAJRATAN stock has moved down by -17.2%
Rajratan Global Wire Ltd Valuation
Rajratan Global Wire Ltd in the last 5 years
Lowest (6.44x)
May 27, 2020
Industry (25.14x)
April 23, 2024
Today (45.82x)
April 23, 2024
Highest (57.84x)
October 19, 2023
Mutual Fund Holdings
| Funds | Holdings |
 SBI Small Cap Fund Direct Plan Growth | 0.86% |
| SBI Long Term Advantage Fund Series IV Direct Plan Growth | 3% |
Shareholding Pattern
| Investors | Holdings % | Prev. 4 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 65.1% | 0.00 | |
| Foreign Institutions | 0.73% | 13.17 | |
| Mutual Funds | 8.28% | 2.95 | |
| Retail Investors | 25.49% | ||
| Others | 0.41% | 7.80 |
Technicals of Rajratan Global Wire Ltd share
News & Events of Rajratan Global Wire Ltd
Frequently Asked Questions
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Rajratan Global Wire Ltd shares.
Rajratan Global Wire Ltd (RAJRATAN) share price today is ₹639
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 ₹655.2.
- Today’s lowest price of Rajratan Global Wire Ltd is ₹636.
PE Ratio of Rajratan Global Wire Ltd is 45.82
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 41.22K.
Today’s market capitalisation of Rajratan Global Wire Ltd(RAJRATAN) is ₹3294.02Cr.
| Rajratan Global Wire Ltd(RAJRATAN | Price |
|---|---|
52 Week High | ₹882 |
52 Week Low | ₹578.5 |
Rajratan Global Wire Ltd(RAJRATAN) share price is ₹639. It is down -27.55% from its 52 Week High price of ₹882
Rajratan Global Wire Ltd(RAJRATAN) share price is ₹639. It is up 10.46% from its 52 Week Low price of ₹578.5
| Rajratan Global Wire Ltd(RAJRATAN | Returns |
|---|---|
1 Day Returns | -9.8% |
1 Month Returns | 8.39% |
3 Month Returns | -6.59% |
1 Year Returns | -17.18% |