bell
The current prices are delayed by 15 mins, login to check live prices.
Rhetan TMT Ltd share price logo

Rhetan TMT Ltd

(543590)

₹18.362.75%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Rhetan TMT Ltd Performance

  • Day's Low

    Day's High

    ₹18.2
    ₹19.3
  • 52 Week's Low

    52 Week's High

    ₹7.62
    ₹19.85
1 Month Return+ 4.31 %
3 Month Return+ 43.79 %
1 Year Return+ 138.38 %
Previous Close₹18.88
Open₹18.80
Volume28.76L
Upper Circuit-
Lower Circuit-
Market Cap₹1,504.50Cr

Rhetan TMT Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹1,504.50 Cr
P/B Ratio7.52
EPS0
Dividend Yield0
SectorSteel
ROE4.47

Rhetan TMT Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹1,504.50 Cr193.33%0.58NANA
NA₹183.18 Cr106.53%0.65NANA
BUY₹3,282.36 Cr70.96%0.64NANA
NA₹5.85 Cr10.69%1.25NANA
NA₹494.41 Cr162.04%0.50NANA

About Rhetan TMT Ltd

Rhetan TMT Limited, a firm managed by Mr. Shalin Shah, provides TMT Bars and Round Bars primarily used in the construction industry, with an installed capacity of 30000 Metric Tonnes Per Annum (MTPA). Its products have been used for infrastructure projects in Gujarat, like dams, bridges, residential and commercial towers. It was incorporated in 1984 and has undergone several name changes, eventually becoming a public limited company in 2022. The plant located in Mehsana, Gujarat, recommenced operation in 2019 after modernization of machinery and installation of new ones. It is certified by IS 1786:2008 and has been effectively running since. With its effective and latest technology, Rhetan TMT Limited has been producing high-quality products for the construction industry.

Share Price: ₹18.36 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹1,504.50Cr as of today
OrganisationRhetan TMT Ltd
Headquarters
IndustrySteel
E-voting on sharesClick here to vote

Key events for Rhetan TMT Ltd

  • Rhetan TMT Shares Surge on Solar Project Announcement - 18 Oct, 2024

    Rhetan TMT shares rose 4.05% following the announcement of a solar power project. The company reported significant profit growth but faced revenue declines. The stock has doubled in six months, reflecting strong investor interest.

  • Rhetan TMT Reports Strong Profit Growth - 10 Oct, 2024

    Rhetan TMT Ltd announced a 233% increase in net profit to Rs 2.27 crore for Q2 FY25. The company plans to establish a 2 MW solar power plant at its Kadi facility, enhancing its green energy initiatives.

  • Rhetan TMT Stock Rises on Expansion Plans - 08 Oct, 2024

    Rhetan TMT Ltd shares increased by 6% following announcements of a solar power plant and positive growth in stock performance, with significant returns over the years.

  • Rhetan TMT Approves Solar Power Project - 20 Sep, 2024

    On September 20, 2024, Rhetan TMT's Board approved a 2 MW solar power project for captive use, marking a significant step in renewable energy initiatives. The company also reported a 2% stock increase following this news.

  • Rhetan TMT to Establish 2 MW Solar Power Plant - 19 Sep, 2024

    Rhetan TMT Ltd is set to establish a 2 MW solar power plant at its Kadi facility to reduce power costs and promote green energy. The board will meet to discuss this initiative, supported by the Gujarat government. The company recently migrated to the main BSE platform and reported revenue of Rs 19.34 crore for Q1FY25.

Insights on Rhetan TMT 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 0.00% to 0.15% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, Rhetan TMT Ltd stock has moved up by 43.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 62.12% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 37.88% to 37.73% in Sep 2024 quarter

Rhetan TMT Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹39.80Cr (-)₹59.00Cr (↑48.24%)₹112.50Cr (↑90.68%)₹114.12Cr (↑1.44%)
Total Liabilities₹31.38Cr (-)₹35.25Cr (↑12.33%)₹27.33Cr (↓22.47%)₹25.08Cr (↓8.23%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹11.92Cr (-)-₹7.02Cr (↓41.11%)-₹14.44Cr (↑105.70%)-₹44.26Cr (↑206.51%)₹14.51Cr (↓132.78%)
0

Rhetan TMT Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
62.12%
0.00
Foreign Institutions
0.15%
0.00
Mutual Funds
0%
0.00
Retail Investors
37.73%
-0.41
Others
0%
0.00

Rhetan TMT Ltd Key Indicators

Details2021202220232024
Return On Equity %2.2113.039.944.47

Rhetan TMT Ltd Earnings and Dividends

  • Rhetan TMT Ltd Earnings Results

    Rhetan TMT Ltd’s net profit jumped 233.82% since last year same period to ₹2.27Cr in the Q2 2024-2025. On a quarterly growth basis, Rhetan TMT Ltd has generated 180.25% jump in its net profits since last 3-months.

    Read More about Earnings Results

Rhetan TMT Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Rhetan TMT Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Rhetan TMT Ltd

  • 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 Rhetan TMT Ltd shares.

Rhetan TMT Ltd (543590) share price today is ₹18.36

Rhetan TMT Ltd is not listed on NSE

Rhetan TMT Ltd is listed on BSE

  • Today’s highest price of Rhetan TMT Ltd is ₹19.3.
  • Today’s lowest price of Rhetan TMT Ltd is ₹18.2.

Today’s traded volume of Rhetan TMT Ltd(543590) is 28.76L.

Today’s market capitalisation of Rhetan TMT Ltd(543590) is ₹1504.5Cr.

Rhetan TMT Ltd(543590Price
52 Week High
₹19.85
52 Week Low
₹7.62

Rhetan TMT Ltd(543590) share price is ₹18.36. It is down -7.51% from its 52 Week High price of ₹19.85

Rhetan TMT Ltd(543590) share price is ₹18.36. It is up 140.94% from its 52 Week Low price of ₹7.62

Rhetan TMT Ltd(543590Returns
1 Day Returns
-0.52%
1 Month Returns
4.31%
3 Month Returns
43.79%
1 Year Returns
138.38%