Rolex Rings Ltd Share Price (ROLEXRINGS)

₹1870.45▲2%

Get free price alerts. Set up your Free investment account to get Live Prices. >

Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Overview of Rolex Rings Ltd

Key events for Rolex Rings Ltd

Rolex Rings Ltd's ROCE Shrinks, Stock Drops 12% - 14 Mar, 2024
Rolex Rings Ltd's return on capital employed (ROCE) is at 25%, but the returns are shrinking as the company reinvests in its business. The stock has dropped by 12% in the last year, and it may not have the potential to be a multi-bagger.

Analyst Rating for Rolex Rings Ltd stock

based on 3 analysts

BUY

66.67%

Buy

33.33%

Hold

0.00%

Sell

Based on 3 analysts offering long term price targets for Rolex Rings Ltd. An average target of ₹2455.33

Source: S&P Global Market Intelligence

Rolex Rings Ltd share Performance

₹1824
₹1894.4
₹1870.45
2.48%
Downside
Day's Volatility:3.76%
Upside
1.28%
₹1720
₹2620
₹1870.45
8.04%
Downside
52 Weeks Volatility:48.12%
Upside
40.07%

Returns %
1 Month Return	-1.56 %
3 Month Return	-24.51 %
1 Year Return	-4.97 %

Market Stats
Previous Close	₹1,833.80
Open	₹1,824.00
Volume	61.05K
Upper Circuit	-
Lower Circuit	-
Market Cap	₹4,994.04Cr

Rolex Rings Ltd Company Information

Rolex Rings Limited, established in 1977-78, is a joint stock company that is engaged in the manufacturing of hot rolled, forged and machined bearing rings, and automotive components. With its production activities spread across its first plant in Rajkot, the company has amassed a range of diverse products and services over the years, with offerings weighing from 0.01 to 163 kgs and inner diameter of 25 mm to 900 mm. Rolex Rings is popular in the automotive, railways, industrial infrastructure, renewable energy and other end user industries. Additionally, it has picked up awards in relation to Excellence in Technology and Cost and Productivity in 2011, Supplier Quality Excellence Award from General Motors in 2018 and 2019, and Excellence in New Product Development in 2018. In May 2021 it even received the Q1 Preferred Quality Status award from Ford. Currently, it is in the process of renewing its IATF 16949 International Standard and ISO 9001 International Standard certifications for quality management systems.

Share Price: ₹1870.45 per share as on 16 Apr, 2024 09:31 PM
Market Capitalisation: ₹4,994.04Cr as of today
Listing date: 09 Aug, 2021
Chairperson Name: MANESH DAYASHANKAR MADEKA

Organisation	Rolex Rings Ltd
Headquarters
Industry	Castings, Forgings & Fastners
E-voting on shares	Click here to vote

Fundamentals of Rolex Rings Ltd

Insights on Rolex Rings Ltd

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

POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 6.79% to 7.10% in Mar 2024 quarter
POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 6.28% to 7.74% in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 1 year, Thermax Ltd has given 107.5% return, outperforming this stock by 112.5%
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 55.25% of holdings in Mar 2024 quarter
NEGATIVE IMPACT
Price Dip
In the last 3 months, ROLEXRINGS stock has moved down by -24.5%
NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 30.33% to 28.62% in Mar 2024 quarter

Rolex Rings Ltd Mutual Fund Holdings

Funds	Holdings
Kotak Small Cap Direct Growth	1.29%
Axis Small Cap Fund Direct Growth	0.9%
ICICI Prudential Smallcap Fund Direct Plan Growth	2.1%
DSP Small Cap Fund Direct Plan Growth	0.85%
HDFC Childrens Gift Fund Direct Plan	0.98%