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Rasi Electrodes BSE:531233 Stock Report

Last Price

₹28.85

Market Cap

₹898.1m

7D

20.9%

1Y

105.3%

Updated

23 Apr, 2024

Data

Company Financials

Rasi Electrodes Limited

BSE:531233 Stock Report

Market Cap: ₹898.1m

531233 Stock Overview

Rasi Electrodes Limited manufactures and markets arc welding electrodes and copper coated mild steel wires for use in engineering and fabrication industries in India.

531233 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

Rasi Electrodes Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rasi Electrodes
Historical stock prices
Current Share Price₹28.85
52 Week High₹32.90
52 Week Low₹12.66
Beta0.097
1 Month Change24.84%
3 Month Change29.49%
1 Year Change105.34%
3 Year Change593.51%
5 Year Change637.85%
Change since IPO2,275.90%

Recent News & Updates

Recent updates

Shareholder Returns

531233IN MachineryIN Market
7D20.9%0.3%-1.6%
1Y105.3%64.2%45.0%

Return vs Industry: 531233 exceeded the Indian Machinery industry which returned 64.2% over the past year.

Return vs Market: 531233 exceeded the Indian Market which returned 45% over the past year.

Price Volatility

Is 531233's price volatile compared to industry and market?
531233 volatility
531233 Average Weekly Movement11.9%
Machinery Industry Average Movement7.1%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: 531233's share price has been volatile over the past 3 months.

Volatility Over Time: 531233's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1994128B. Kothariwww.rasielectrodes.com

Rasi Electrodes Limited manufactures and markets arc welding electrodes and copper coated mild steel wires for use in engineering and fabrication industries in India. It offers cast iron, cutting and couging, general purpose mild steel welding, hard surfacing welding, low hydrogen and creep resistance, non-ferrous, pipe welding, tungsten, and stainless-steel welding electrodes. The company provides low heat input welding alloys for cast iron, copper and non-ferrous alloys, cutting and gouging, dissimilar steels, nickel and nickel alloys, stainless steels, hard facing and wear resistance, and steel.

Rasi Electrodes Limited Fundamentals Summary

How do Rasi Electrodes's earnings and revenue compare to its market cap?
531233 fundamental statistics
Market cap₹898.11m
Earnings (TTM)₹20.90m
Revenue (TTM)₹839.61m

43.0x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
531233 income statement (TTM)
Revenue₹839.61m
Cost of Revenue₹693.80m
Gross Profit₹145.80m
Other Expenses₹124.90m
Earnings₹20.90m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.67
Gross Margin17.37%
Net Profit Margin2.49%
Debt/Equity Ratio5.3%

How did 531233 perform over the long term?

See historical performance and comparison
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