Rolex Rings Ltd share price logo

Rolex Rings Ltd (ROLEXRINGS)

₹2386.451.19%

bell
Get free price alerts. Set up your Free investment account to get Live Prices.
Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 4 analysts

BUY

75.00%

Buy

25.00%

Hold

0.00%

Sell

Based on 4 analysts offering long term price targets for Rolex Rings Ltd. An average target of ₹2867.75

Source: S&P Global Market Intelligence

Rolex Rings Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹2,330
    ₹2,403
  • 52 Week's Low

    52 Week's High

    ₹1,720
    ₹2,767.1
1 Month Return-5.74 %
3 Month Return+ 24.9 %
1 Year Return+ 9.07 %
Previous Close₹2,358.50
Open₹2,358.50
Volume10.48K
Upper Circuit-
Lower Circuit-
Market Cap₹6,422.98Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹6,422.98 Cr
P/B Ratio7.33
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Kotak Small Cap Direct GrowthKotak Small Cap Direct Growth1.84%
Axis Small Cap Fund Direct GrowthAxis Small Cap Fund Direct Growth1.1%
ICICI Prudential Smallcap Fund Direct Plan GrowthICICI Prudential Smallcap Fund Direct Plan Growth2.55%
DSP Small Cap Fund Direct Plan GrowthDSP Small Cap Fund Direct Plan Growth1.13%
HDFC Childrens Gift Fund Direct Plan(Lock-in)HDFC Childrens Gift Fund Direct Plan(Lock-in)1.26%

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: ₹2386.45 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹6,422.98Cr as of today
Listing date: 09 Aug, 2021
Chairperson Name: MANESH DAYASHANKAR MADEKA
OrganisationRolex Rings Ltd
Headquarters
IndustryCastings, Forgings & Fastners
E-voting on sharesClick here to vote

Key events for Rolex Rings Ltd

  • Rolex Rings Ltd Shows Promise Despite Soft Profit Numbers - 27 May, 2024

    Despite a reduction in profit by ₹320m due to unusual items, Rolex Rings Ltd's stock price remains strong. If the company doesn't see those expenses repeat, we can expect its profit to increase over the coming year.

  • Rolex Rings Q4 Revenue Up 7.54%, Profit Down 49.1% YoY - 23 May, 2024

    Rolex Rings reported a 7.54% increase in Q4 revenue and a 49.1% decrease in profit YoY. The company's EPS for Q4 was ₹17.51, up by 2.79% YoY. Analysts have given the stock a Hold or Strong Buy rating. Rolex Rings has delivered returns of 28.13% in the last week, 8.32% in the last six months, and 2.05% YTD.

  • Rolex Rings Ltd Shares Gain 37% in a Month - 22 May, 2024

    Rolex Rings Ltd shares have gained 37% in the last month, bringing the annual gain to 32%. The high P/E ratio of 44.9x may be sending bearish signals, but investors seem to expect strong future growth as estimates suggest earnings will grow by 44% over the next year. Despite declining earnings, the company has seen an excellent 58% overall rise in EPS over the past three years.

  • Rolex Rings Stock Surges on Improved EBITDA and Revenue Growth - 21 May, 2024

    Rolex Rings reported a decline in quarterly net profit but improved EBITDA growth and revenue increase YoY. The stock surged by 14.81% following the announcement.

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.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 28.62% to 29.01% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 7.10% to 7.34% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, ROLEXRINGS stock has moved up by 24.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Thermax Ltd has given 103.2% return, outperforming this stock by 94.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 55.25% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 7.74% to 6.98% in Jun 2024 quarter

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,013.25Cr
↑2.87%
Total Liabilities
₹270.25Cr
↓38.61%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹213.47Cr
↑262.55%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
55.25%
0.00
Foreign Institutions
6.98%
-9.81
Mutual Funds
29.01%
1.35
Retail Investors
7.34%
3.46
Others
1.42%
9.89

Key Indicators

Earnings and Dividends

  • Rolex Rings Ltd Earnings Results

    Rolex Rings Ltd’s net profit fell -49.11% since last year same period to ₹23.62Cr in the Q4 2023-2024. On a quarterly growth basis, Rolex Rings Ltd has generated -36.2% fall in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Neutral

Rolex Rings Ltd is currently in a Neutral trading position according to technical analysis indicators.

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 Rolex Rings Ltd shares.

Rolex Rings Ltd (ROLEXRINGS) share price today is ₹2386.45

Rolex Rings Ltd is listed on NSE

Rolex Rings Ltd is listed on BSE

  • Today’s highest price of Rolex Rings Ltd is ₹2403.
  • Today’s lowest price of Rolex Rings Ltd is ₹2330.

Today’s traded volume of Rolex Rings Ltd(ROLEXRINGS) is 10.48K.

Today’s market capitalisation of Rolex Rings Ltd(ROLEXRINGS) is ₹6422.98Cr.

Rolex Rings Ltd(ROLEXRINGSPrice
52 Week High
₹2767.1
52 Week Low
₹1720

Rolex Rings Ltd(ROLEXRINGS) share price is ₹2386.45. It is down -13.76% from its 52 Week High price of ₹2767.1

Rolex Rings Ltd(ROLEXRINGS) share price is ₹2386.45. It is up 38.75% from its 52 Week Low price of ₹1720

Rolex Rings Ltd(ROLEXRINGSReturns
1 Day Returns
27.95%
1 Month Returns
-5.74%
3 Month Returns
24.9%
1 Year Returns
9.07%