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Rajratan Global Wire Ltd

(RAJRATAN)

₹501.50.1%

as on 04:01PM, 22 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Rajratan Global Wire 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 Rajratan Global Wire Ltd. An average target of ₹742.5

Source: S&P Global Market Intelligence

Rajratan Global Wire Ltd Share analysis

Rajratan Global Wire Ltd price forecast by 4 analysts

Upside of48.20%

High

₹917

Target

₹742.50

Low

₹602

Rajratan Global Wire Ltd target price ₹742.5, a slight upside of 48.2% compared to current price of ₹501.5. According to 4 analysts rating.

Source: S&P Global Market Intelligence

Rajratan Global Wire Ltd Performance

  • Day's Low

    Day's High

    ₹500
    ₹507
  • 52 Week's Low

    52 Week's High

    ₹500
    ₹819.85
1 Month Return-12.08 %
3 Month Return-16.23 %
1 Year Return-32.51 %
Previous Close₹501.00
Open₹500.90
Volume9,990.00
Upper Circuit-
Lower Circuit-
Market Cap₹2,543.63Cr

Rajratan Global Wire Ltd Key Statistics

P/E Ratio34.27
PEG Ratio3426.81
Market Cap₹2,543.63 Cr
P/B Ratio8.48
EPS14.15
Dividend Yield0.34
SectorSteel
ROE17.18

Rajratan Global Wire Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹2,543.63 Cr248.78%0.64₹71 Cr₹895 Cr
NA₹132.33 Cr566.8%1.38NANA
NA₹364.09 Cr9%0.59₹6 Cr₹783 Cr
NA₹3.29 Cr51.51%0.53NANA
BUY₹12,121.16 Cr490.39%0.50₹935 Cr₹5,455 Cr

Rajratan Global Wire Ltd Mutual Fund Holdings

About Rajratan Global Wire Ltd

Rajratan Global Wire Company Limited (RGWL) along with its fully owned subsidiary M/s Rajratan Thai Wire Company Limited, is a prominent business engaged in the manufacture and sale of Tyre Bead Wire. Complemented with modern facilities and a team of experienced professionals, RGWL is focused on delivering superior quality steel wires and products. Founded in 1988, the company has grown in presence to become a leader in the Tyre Bead Wire business in India, delivering globally. During the year 2016-17, Rajratan Global Wire Company Limited acquired all the shares of M/s Cee Cee Engineering Industries Pvt. Ltd making it a wholly owned subsidiary. Additionally, Cee Cee Engineering Industries Pvt. Ltd was merged to the holding company. Moreover, the company divested its entire stake in the Swaraj Technocrafts Pvt. Ltd making it no longer a subsidiary. This demonstrates the culture of excellence achieved by the company over the years, making it the leading choice for reliable and high-quality Tyre Bead Wire.

Share Price: ₹501.50 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹2,543.63Cr as of today
Revenue: ₹245.33Cr as on September 2024 (Q3 24)
Net Profit: ₹19.05Cr as on September 2024 (Q3 24)
Listing date: 22 May, 2020
Chairperson Name: Sunil Chordia
OrganisationRajratan Global Wire Ltd
Headquarters
IndustrySteel
E-voting on sharesClick here to vote

Key events for Rajratan Global Wire Ltd

  • Rajratan Global Wire Reports Decline in Profit - 22 Oct, 2024

    Rajratan Global Wire's net profit fell 2.2% to ₹19.05 crore, while revenue grew 14.5% to ₹245.3 crore. The company anticipates further challenges due to geopolitical tensions and market pressures.

Insights on Rajratan Global Wire Ltd

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

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 15.24 Cr → 19.05 Cr (in ₹), with an average increase of 20.0% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 7.59% to 7.90% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 220.7 Cr → 245.48 Cr (in ₹), with an average increase of 10.1% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 65.14% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jindal Steel & Power Ltd has given 33.7% return, outperforming this stock by 66.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Jindal Steel & Power Ltd has given 136.5% return, outperforming this stock by 120.2%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, RAJRATAN stock has moved down by -32.5%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.29% to 0.27% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 26.38% to 26.34% in Sep 2024 quarter

Rajratan Global Wire Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹214.34Cr (-)₹232.69Cr (↑8.56%)₹239.57Cr (↑2.96%)₹220.14Cr (↓8.11%)₹245.33Cr (↑11.44%)
Net Income₹19.48Cr (-)₹19.68Cr (↑1.03%)₹20.24Cr (↑2.85%)₹15.24Cr (↓24.70%)₹19.05Cr (↑25.00%)
Net Profit Margin9.09% (-)8.46% (↓6.93%)8.45% (↓0.12%)6.92% (↓18.11%)7.77% (↑12.28%)
Value in ₹ crore
Details2021202220232024
Total Assets₹314.11Cr (-)₹412.06Cr (↑31.18%)₹522.48Cr (↑26.80%)₹587.96Cr (↑12.53%)
Total Liabilities₹129.43Cr (-)₹166.63Cr (↑28.74%)₹216.31Cr (↑29.81%)₹236.00Cr (↑9.10%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹32.83Cr (-)₹31.80Cr (↓3.14%)₹84.78Cr (↑166.60%)₹102.94Cr (↑21.42%)₹85.45Cr (↓16.99%)

Index Inclusions

BSE Small-Cap

₹52,612.93

0.9 (471.78%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Rajratan Global Wire Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
65.14%
0.00
Foreign Institutions
0.27%
-7.22
Mutual Funds
7.9%
4.09
Retail Investors
26.34%
-0.18
Others
0.35%
-40.69

Rajratan Global Wire Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)6.5110.4724.519.7314.15
Details20202021202220232024
Return On Equity %17.2222.832.5826.0917.18
Details20202021202220232024
Return On Assets %12.1916.9130.1719.1612.22
Details20202021202220232024
Book Value Per Share (₹)33.3743.8366.3785.7796.25

Rajratan Global Wire Ltd Valuation

Rajratan Global Wire Ltd in the last 5 years

  • Overview

  • Trends

Lowest (6.44x)

May 27, 2020

Industry (23.66x)

November 21, 2024

Today (34.27x)

November 21, 2024

Highest (57.84x)

October 19, 2023

LowHigh

Rajratan Global Wire Ltd Earnings and Dividends

  • Rajratan Global Wire Ltd Earnings Results

    Rajratan Global Wire Ltd’s net profit fell -2.21% since last year same period to ₹19.05Cr in the Q2 2024-2025. On a quarterly growth basis, Rajratan Global Wire Ltd has generated 25% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Rajratan Global Wire Ltd Dividends April,2024

    In the quarter ending March 2024, Rajratan Global Wire Ltd has declared dividend of ₹2 - translating a dividend yield of 0.40%.

    Read More about Dividends

Rajratan Global Wire Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Rajratan Global Wire Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Rajratan Global Wire Ltd

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Rajratan Global Wire Ltd (RAJRATAN) share price today is ₹501.5

Rajratan Global Wire Ltd is listed on NSE

Rajratan Global Wire Ltd is listed on BSE

  • Today’s highest price of Rajratan Global Wire Ltd is ₹507.
  • Today’s lowest price of Rajratan Global Wire Ltd is ₹500.

PE Ratio of Rajratan Global Wire Ltd is 34.27

PE ratio = Rajratan Global Wire Ltd Market price per share / Rajratan Global Wire Ltd Earnings per share

Today’s traded volume of Rajratan Global Wire Ltd(RAJRATAN) is 9,990.00.

Today’s market capitalisation of Rajratan Global Wire Ltd(RAJRATAN) is ₹2543.63Cr.

Rajratan Global Wire Ltd(RAJRATANPrice
52 Week High
₹819.85
52 Week Low
₹500

Rajratan Global Wire Ltd(RAJRATAN) share price is ₹501.5. It is down -38.83% from its 52 Week High price of ₹819.85

Rajratan Global Wire Ltd(RAJRATAN) share price is ₹501.5. It is up 0.30% from its 52 Week Low price of ₹500

Rajratan Global Wire Ltd(RAJRATANReturns
1 Day Returns
0.5%
1 Month Returns
-12.08%
3 Month Returns
-16.23%
1 Year Returns
-32.51%