₹383.2
0.57%
Low
Day's Volatility:3.91%
High
3.34%
49.57%
Low
52 Weeks Volatility:56.94%
High
7.37%
Returns % | |
1 Month Return | + 17.6 % |
3 Month Return | + 35.84 % |
1 Year Return | + 98.8 % |
Market Stats | |
Previous Close | ₹₹387.95 |
Open | ₹₹393.00 |
Volume | ₹52.02K |
Upper Circuit | ₹- |
Lower Circuit | ₹- |
Market Cap | ₹₹1,706.98Cr |
Organisation | Ram Ratna Wires Ltd |
Headquarters | Vadodara |
Industry | Non Ferrous Metals |
E-voting on shares | Click here to vote |
Key events for Ram Ratna Wires Ltd
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.
Fundamentals of 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.
Price Rise
In the last 3 months, RAMRAT stock has moved up by 35.8%
Retail Holding Up
Retail Investor have increased holdings from 26.88% to 26.92% in Mar 2024 quarter
Against Peers
In the last 1 year, KEI Industries Ltd has given 102.0% return, outperforming this stock by 3.2%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 73.04% of holdings in Mar 2024 quarter
Profit Down
Netprofit is down for the last 2 quarters, 13.74 Cr → 11.53 Cr (in ₹), with an average decrease of 16.1% per quarter
Revenue Fall
Revenue is down for the last 2 quarters, 762.89 Cr → 702.44 Cr (in ₹), with an average decrease of 7.9% per quarter
FII Holding Down
Foreign Institutions have decreased holdings from 0.07% to 0.03% in Mar 2024 quarter
Ram Ratna Wires Ltd in the last 5 years
Lowest (11.19x)
July 29, 2022
Industry (30.39x)
May 15, 2024
Today (32.68x)
May 15, 2024
Highest (33.24x)
May 2, 2024
Investors | Holdings % | Prev. 1 periods | 3M 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 |
Technicals of Ram Ratna Wires Ltd share
News & Events of Ram Ratna Wires Ltd
Ram Ratna Wires Ltd (RAMRAT) share price today is ₹383.2
Ram Ratna Wires Ltd is listed on NSE
Ram Ratna Wires Ltd is listed on BSE
PE Ratio of Ram Ratna Wires Ltd is 32.68
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 52.02K.
Today’s market capitalisation of Ram Ratna Wires Ltd(RAMRAT) is ₹1706.98Cr.
Ram Ratna Wires Ltd(RAMRAT | Price |
---|---|
52 Week High | ₹411.45 |
52 Week Low | ₹193.25 |
Ram Ratna Wires Ltd(RAMRAT) share price is ₹383.2. It is down -6.87% from its 52 Week High price of ₹411.45
Ram Ratna Wires Ltd(RAMRAT) share price is ₹383.2. It is up 98.29% from its 52 Week Low price of ₹193.25
Ram Ratna Wires Ltd(RAMRAT | Returns |
---|---|
1 Day Returns | -4.75% |
1 Month Returns | 17.6% |
3 Month Returns | 35.84% |
1 Year Returns | 98.8% |