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Rhetan TMT Ltd

(543590)

₹23.162.52%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Rhetan TMT Ltd Performance

  • Day's Low

    Day's High

    ₹22.51
    Day's Price Range
    ₹23.19
  • 52 Week's Low

    52 Week's High

    ₹7.62
    52-Week Price Range
    ₹23.19
1 Month Return+ 23.04 %
3 Month Return+ 32.88 %
1 Year Return+ 125.67 %
Previous Close₹22.59
Open₹22.65
Volume48.80L
Upper Circuit-
Lower Circuit-
Market Cap₹1,796.95Cr

Rhetan TMT Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹1,796.95 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₹1,796.95 Cr235.25%0.58NANA
NA₹1,551.94 Cr165.87%0.59₹96 Cr₹621 Cr
NA₹127.31 Cr-3.9%0.67NANA
NA₹128.85 Cr103.24%0.65NANA
BUY₹2,745.08 Cr134.37%0.75₹98 Cr₹3,130 Cr

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: ₹23.16 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,796.95Cr as of today
OrganisationRhetan TMT Ltd
Headquarters
IndustrySteel
E-voting on sharesClick here to vote

Key events for Rhetan TMT Ltd

  • Rhetan TMT Ltd Expands Operations and Sustainability Efforts - 20 Dec, 2024

    Rhetan TMT Ltd, with a share price of ₹21.70, has seen a 178% growth over the past year. The company is transitioning to the BSE Main Board and establishing a 2 MW solar power plant in Gujarat to enhance sustainability and reduce energy costs. The project is expected to be operational by April-May 2025.
  • Rhetan TMT Announces Solar Power Project Plans - 09 Dec, 2024

    Rhetan TMT Limited is set to establish a 2 MW solar power project in Banaskantha, Gujarat, to power its Kadi factory, reduce energy costs, and enhance sustainability. The project is expected to be operational by April-May 2025, following necessary approvals.
  • Rhetan TMT's Share Value Surges Post Stock Split and Bonus - 07 Dec, 2024

    Rhetan TMT's stock has increased significantly since its IPO, with a 1:10 stock split and 11:4 bonus shares boosting shareholding from 2,000 to 25,500. The initial investment of ₹1.40 lakh has grown to approximately ₹5.49 lakh, with shares currently trading at ₹21.55 on the BSE.
  • Rhetan TMT Secures New Lease for Solar Project - 06 Dec, 2024

    Rhetan TMT has signed a new land lease in Banaskantha, Gujarat, for a 2 MW solar power plant. The project aims for completion by mid-2025, enhancing energy efficiency for its steel plant. The company has expanded production capacity and is on track with approvals.

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

    Price Rise

    img

    In the last 3 months, Rhetan TMT Ltd stock has moved up by 40.8%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.00% to 0.15% in Sep 2024 quarter

  • 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%)

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.

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Rhetan TMT Ltd (543590) share price today is ₹23.16

Rhetan TMT Ltd is not listed on NSE

Rhetan TMT Ltd is listed on BSE

  • Today’s highest price of Rhetan TMT Ltd is ₹23.19.
  • Today’s lowest price of Rhetan TMT Ltd is ₹22.51.

Today’s traded volume of Rhetan TMT Ltd(543590) is 48.80L.

Today’s market capitalisation of Rhetan TMT Ltd(543590) is ₹1796.95Cr.

Rhetan TMT Ltd(543590Price
52 Week High
₹23.19
52 Week Low
₹7.62

Rhetan TMT Ltd(543590) share price is ₹23.16. It is down -0.13% from its 52 Week High price of ₹23.19

Rhetan TMT Ltd(543590) share price is ₹23.16. It is up 203.94% from its 52 Week Low price of ₹7.62

Rhetan TMT Ltd(543590Returns
1 Day Returns
0.57%
1 Month Returns
23.04%
3 Month Returns
32.88%
1 Year Returns
125.67%