Remi Edelstahl Tubulars Ltd
REMI

Remi Edelstahl Tubulars Ltd (513043)

₹33.15.43%

Key Stats

₹33.1
Day's Price Range
₹35
₹22.3
52-Week Price Range
₹48.45
1 Month Return4.47 %
3 Month Return-0.57 %
1 Year Return42.27 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 264
EPS
Rank 264
BVPS
Rank 298
Dividend Yield
Rank 134
ROE
Rank 312
0.44%
Price To Book Ratio
Rank 239
Debt To Asset
Rank 297

Company Information

Incorporated in 1970 Rajendra Mechanical Industries belongs to the Remi group. The company is promoted by Chiranjilal Saraf along with his two sons V C Saraf and Rajendra C Saraf. The company became a deemed public company in Nov.80 and was converted into a public company on 12 Dec.80.The company manufactures stainless steel seamless and welded pipes and bright bars at its manufacturing unit in AndheriMumbai. It obtains technical assistance from Kobe Steel Japan. In Jul.91 the company came out with a rights issue. In 1994 the company diversified into real estate. It shifted its manufacturing facilities to Tarapur and developed an industrial complex at the Andheri siteThe Comapny obtained ISO 9002 certificate from TUV.The companys property development of about 65000 Sq Ft at Andheri was completed. But due to week real estate market the entire premises could not be sold out.
OrganisationRemi Edelstahl Tubulars Ltd
HeadquartersMumbai
IndustrySteel