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Ram Ratna Wires Ltd (RAMRAT)

₹443.850.64%

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Overview
News
Financials
Q3 '23 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹441
    ₹463.45
  • 52 Week's Low

    52 Week's High

    ₹227.45
    ₹465
1 Month Return+ 17.17 %
3 Month Return+ 51.27 %
1 Year Return+ 52.74 %
Previous Close₹446.70
Open₹458.40
Volume94.56K
Upper Circuit-
Lower Circuit-
Market Cap₹1,965.48Cr

Key Statistics

P/E Ratio37.63
PEG Ratio22.4
Market Cap₹1,965.48 Cr
P/B Ratio2.29
EPS10.68

Company Information

Ram Ratna Wires, incorporated in 1992, was promoted by Rameswarlal J Kabra. The company implemented a project to manufacture Super Enamelled Copper Winding Wires and Submersible Copper Wires, and the project includes the installation of 15 wiredrawing machines, 9 enamelling machines and other equipment, in order to produce 2890 tpa (tons per annum) of superenamelled copper wires, and 30000 kmpa (kilometres per annum) of submersible wires. The process technology for setting up the project is indigenous. In 2000, the company was awarded the ISO 9002 certificate by Underwriters Laboratories Inc, USA.

Share Price: ₹443.85 per share as on 11 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,965.48Cr as of today
Revenue: ₹803.39Cr as on March 2024 (Q1 24)
Net Profit: ₹19.39Cr as on March 2024 (Q1 24)
Listing date: 29 Jul, 2022
Chairperson Name: Tribhuvanprasad Kabra
OrganisationRam Ratna Wires Ltd
HeadquartersVadodara
IndustryNon Ferrous Metals
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Key events for Ram Ratna Wires Ltd

  • Ram Ratna Wires Reports Increase in Net Sales and Quarterly Profit - 17 May, 2024

    Ram Ratna Wires reported a 5.12% YoY increase in net sales for March 2024, with quarterly net profit up by 12.85%. The company's EPS has also increased from Rs. 3.14 to Rs. 3.55. Ram Ratna Wires shares closed at 383.20 on May 16, 2024 (BSE) and have given returns of 42.99% over the last 6 months and 96.36% over the last 12 months.

  • Ram Ratna Wires Reports Strong Q4 Results - 16 May, 2024

    Ram Ratna Wires Ltd reported a solid Q4 performance with a 10.9% YoY revenue increase and 16.85% profit growth. The company's stock has seen significant returns of 5.11% in the last week and 44.16% in the last 6 months.

  • Ram Ratna Wires Reports 10.9% YoY Increase in Net Sales - 15 May, 2024

    Ram Ratna Wires reported a 10.9% YoY increase in net sales for March 2024, with quarterly net profit up by 16.85%. The company's EPS has also increased from Rs. 3.42 to Rs. 4.00 YoY. Ram Ratna Wires shares closed at 384.95 on May 14, 2024 (NSE) and have given returns of 43.93% over the last 6 months and 96.50% over the last 12 months.

  • Ram Ratna Wires to Invest Rs 200 Crore in Copper Tube Manufacturing Facility - 14 May, 2024

    Ram Ratna Wires Ltd approved an investment of Rs 200 crore to expand their copper tube manufacturing facility. The company's revenue saw an 11% YoY increase, climbing from ₹724 crore in Q4FY23 to ₹803 crore in Q4FY24. Net profit increased by 18%, rising from ₹16 crore to ₹19 crore. Ram Ratna Wires shares have shown remarkable growth, rising by 47% in the last six months and 101% in the last 12 months.

  • Ram Ratna Wires Ltd Shares Gain 30% in a Month - 18 Apr, 2024

    Shares of Ram Ratna Wires Limited have gained 30% in the last month, bringing the annual gain to 69%. Despite this growth, the P/E ratio of 29.2x is only slightly lower than the median P/E in India at about 31x. The company has been growing earnings at a reasonable pace and has seen strong medium-term rates of earnings growth compared to the market forecast. However, investors seem to think future earnings could see some volatility.

Insights on Ram Ratna Wires Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, RAMRAT stock has moved up by 10.3%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 11.53 Cr → 17.6 Cr (in ₹), with an average increase of 34.5% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 702.44 Cr → 806.32 Cr (in ₹), with an average increase of 12.9% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 26.88% to 26.92% in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.04% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Voltas Ltd has given 95.6% return, outperforming this stock by 42.8%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.07% to 0.03% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹803.39Cr
↑15.03%
Net Income
₹19.39Cr
↑65.58%
Net Profit Margin
2.41%
↑43.45%
2023Y/Y Change
Revenue
₹2,649.60Cr
↑15.78%
Net Income
₹47.00Cr
↓13.25%
Net Profit Margin
1.77%
↓25.32%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹720.54Cr
↑15.16%
Total Liabilities
₹416.47Cr
↑15.46%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹68.43Cr
↓55.12%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.04%
0.00
Foreign Institutions
0.03%
0.00
Mutual Funds
0%
0.00
Retail Investors
26.92%
0.00
Others
0%
0.00

Key Indicators

Ram Ratna Wires Ltd Valuation

Ram Ratna Wires Ltd in the last 5 years

  • Overview

  • Trends

Lowest (11.19x)

July 29, 2022

Today (37.63x)

July 10, 2024

Industry (42.00x)

July 10, 2024

Highest (37.74x)

July 9, 2024

LowHigh

Earnings and Dividends

  • Ram Ratna Wires Ltd Earnings Results

    Ram Ratna Wires Ltd’s net profit jumped 16.87% since last year same period to ₹17.60Cr in the Q4 2023-2024. On a quarterly growth basis, Ram Ratna Wires Ltd has generated 52.65% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Ram Ratna Wires Ltd Dividends May,2024

    In the quarter ending March 2024, Ram Ratna Wires Ltd has declared dividend of ₹2.50 - translating a dividend yield of 1.68%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Ram Ratna Wires Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Ram Ratna Wires Ltd (RAMRAT) share price today is ₹443.85

Ram Ratna Wires Ltd is listed on NSE

Ram Ratna Wires Ltd is listed on BSE

  • Today’s highest price of Ram Ratna Wires Ltd is ₹463.45.
  • Today’s lowest price of Ram Ratna Wires Ltd is ₹441.

PE Ratio of Ram Ratna Wires Ltd is 37.63

PE ratio = Ram Ratna Wires Ltd Market price per share / Ram Ratna Wires Ltd Earnings per share

Today’s traded volume of Ram Ratna Wires Ltd(RAMRAT) is 94.56K.

Today’s market capitalisation of Ram Ratna Wires Ltd(RAMRAT) is ₹1965.48Cr.

Ram Ratna Wires Ltd(RAMRATPrice
52 Week High
₹465
52 Week Low
₹227.45

Ram Ratna Wires Ltd(RAMRAT) share price is ₹443.85. It is down -4.55% from its 52 Week High price of ₹465

Ram Ratna Wires Ltd(RAMRAT) share price is ₹443.85. It is up 95.14% from its 52 Week Low price of ₹227.45

Ram Ratna Wires Ltd(RAMRATReturns
1 Day Returns
-2.85%
1 Month Returns
17.17%
3 Month Returns
51.27%
1 Year Returns
52.74%