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Rolex Rings Ltd share price logo

Rolex Rings Ltd

(ROLEXRINGS)

₹2247.62.15%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Rolex Rings Ltd 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 ₹2853.75

Source: S&P Global Market Intelligence

Rolex Rings Ltd Share analysis

Rolex Rings Ltd price forecast by 4 analysts

Upside of24.24%

High

₹2990

Target

₹2853.75

Low

₹2500

Rolex Rings Ltd target price ₹2853.75, a slight upside of 24.24% compared to current price of ₹2247.6. According to 4 analysts rating.

Source: S&P Global Market Intelligence

Rolex Rings Ltd Performance

  • Day's Low

    Day's High

    ₹2,222.35
    ₹2,304.65
  • 52 Week's Low

    52 Week's High

    ₹1,720
    ₹2,794
1 Month Return-6.24 %
3 Month Return-3.14 %
1 Year Return+ 3.46 %
Previous Close₹2,296.95
Open₹2,296.95
Volume6,067.00
Upper Circuit-
Lower Circuit-
Market Cap₹6,255.36Cr

Rolex Rings Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹6,255.36 Cr
P/B Ratio5.29
EPS0
Dividend Yield0
SectorCastings, Forgings & Fastners
ROE21.8

Rolex Rings Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹6,255.36 Cr19.37%0.52NANA
NA₹1,552.61 Cr31.09%0.50NANA
NA₹68.40 Cr145.22%0.60₹5 Cr₹194 Cr
NA₹622.26 Cr25.94%0.78NANA
NA₹283.94 Cr75.74%0.80NANA

About Rolex Rings Ltd

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: ₹2247.60 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹6,255.36Cr 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 Stock Surges After Mutual Fund Purchases - 28 Aug, 2024

    Rolex Rings shares experienced a significant rally, hitting an all-time high after SBI Mutual Fund and others acquired a 2.97% stake for Rs 196.14 crore. The stock surged 6% following these transactions, reflecting strong investor interest despite a slight decline in revenue. The company is also focusing on reducing costs through solar energy expansion.

  • Rolex Rings Shares Rise Amid Significant Trading Activity - 27 Aug, 2024

    On August 27, Rolex Rings shares increased by 1.4% to ₹2,476.65, with a notable 2% equity block deal worth ₹126 crore. The stock has appreciated 14.34% over the past six months.

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

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 6.98% to 7.97% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 29.01% to 30.44% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Thermax Ltd has given 282.1% return, outperforming this stock by 173.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Thermax Ltd has given 77.7% return, outperforming this stock by 74.2%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 7.34% to 6.83% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, ROLEXRINGS stock has moved down by -6.2%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 55.25% to 53.35% in Sep 2024 quarter

Rolex Rings Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹823.87Cr (-)₹985.00Cr (↑19.56%)₹1,014.55Cr (↑3.00%)₹1,130.58Cr (↑11.44%)
Total Liabilities₹455.60Cr (-)₹440.20Cr (↓3.38%)₹271.55Cr (↓38.31%)₹232.40Cr (↓14.42%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹183.78Cr (-)₹59.21Cr (↓67.78%)₹58.88Cr (↓0.56%)₹213.47Cr (↑262.55%)₹221.44Cr (↑3.73%)

Index Inclusions

BSE Small-Cap

₹55,648.96

-1.51 (-851.09%)

S&P BSE AllCap

₹10,734.78

-0.78 (-84.78%)

Rolex Rings Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
53.35%
-3.45
Foreign Institutions
7.97%
14.08
Mutual Funds
30.44%
4.94
Retail Investors
6.83%
-7.00
Others
1.42%
0.14

Rolex Rings Ltd Key Indicators

Details20202021202220232024
Return On Equity %21.927.8329.2630.7621.8

Rolex Rings Ltd Earnings and Dividends

  • Rolex Rings Ltd Earnings Results

    Rolex Rings Ltd’s net profit jumped 3.03% since last year same period to ₹49.91Cr in the Q1 2024-2025. On a quarterly growth basis, Rolex Rings Ltd has generated 111.3% jump in its net profits since last 3-months.

    Read More about Earnings Results

Rolex Rings Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

FAQs on Rolex Rings Ltd

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  • 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 ₹2247.6

Rolex Rings Ltd is listed on NSE

Rolex Rings Ltd is listed on BSE

  • Today’s highest price of Rolex Rings Ltd is ₹2304.65.
  • Today’s lowest price of Rolex Rings Ltd is ₹2222.35.

Today’s traded volume of Rolex Rings Ltd(ROLEXRINGS) is 6,067.00.

Today’s market capitalisation of Rolex Rings Ltd(ROLEXRINGS) is ₹6255.36Cr.

Rolex Rings Ltd(ROLEXRINGSPrice
52 Week High
₹2794
52 Week Low
₹1720

Rolex Rings Ltd(ROLEXRINGS) share price is ₹2247.6. It is down -19.56% from its 52 Week High price of ₹2794

Rolex Rings Ltd(ROLEXRINGS) share price is ₹2247.6. It is up 30.67% from its 52 Week Low price of ₹1720

Rolex Rings Ltd(ROLEXRINGSReturns
1 Day Returns
-49.35%
1 Month Returns
-6.24%
3 Month Returns
-3.14%
1 Year Returns
3.46%