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Rajnandini Metal NSEI:RAJMET Stock Report

Last Price

₹10.90

Market Cap

₹3.0b

7D

-6.0%

1Y

-16.2%

Updated

23 Apr, 2024

Data

Company Financials

Rajnandini Metal Limited

NSEI:RAJMET Stock Report

Market Cap: ₹3.0b

RAJMET Stock Overview

Rajnandini Metal Limited engages in the manufacturing and trading of copper continuous casting rods and wires in India and internationally.

RAJMET fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends2/6

Rajnandini Metal Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rajnandini Metal
Historical stock prices
Current Share Price₹10.90
52 Week High₹21.35
52 Week Low₹8.10
Beta-0.17
1 Month Change-6.03%
3 Month Change-29.68%
1 Year Change-16.15%
3 Year Change174.79%
5 Year Change1,765.02%
Change since IPO1,375.19%

Recent News & Updates

With EPS Growth And More, Rajnandini Metal (NSE:RAJMET) Makes An Interesting Case

Mar 30
With EPS Growth And More, Rajnandini Metal (NSE:RAJMET) Makes An Interesting Case

Rajnandini Metal Limited (NSE:RAJMET) Might Not Be As Mispriced As It Looks After Plunging 26%

Feb 29
Rajnandini Metal Limited (NSE:RAJMET) Might Not Be As Mispriced As It Looks After Plunging 26%

Rajnandini Metal Limited (NSE:RAJMET) Soars 39% But It's A Story Of Risk Vs Reward

Jan 02
Rajnandini Metal Limited (NSE:RAJMET) Soars 39% But It's A Story Of Risk Vs Reward

Recent updates

With EPS Growth And More, Rajnandini Metal (NSE:RAJMET) Makes An Interesting Case

Mar 30
With EPS Growth And More, Rajnandini Metal (NSE:RAJMET) Makes An Interesting Case

Rajnandini Metal Limited (NSE:RAJMET) Might Not Be As Mispriced As It Looks After Plunging 26%

Feb 29
Rajnandini Metal Limited (NSE:RAJMET) Might Not Be As Mispriced As It Looks After Plunging 26%

Rajnandini Metal Limited (NSE:RAJMET) Soars 39% But It's A Story Of Risk Vs Reward

Jan 02
Rajnandini Metal Limited (NSE:RAJMET) Soars 39% But It's A Story Of Risk Vs Reward

A Look At The Fair Value Of Rajnandini Metal Limited (NSE:RAJMET)

Feb 02
A Look At The Fair Value Of Rajnandini Metal Limited (NSE:RAJMET)

We Ran A Stock Scan For Earnings Growth And Rajnandini Metal (NSE:RAJMET) Passed With Ease

Jan 05
We Ran A Stock Scan For Earnings Growth And Rajnandini Metal (NSE:RAJMET) Passed With Ease

Rajnandini Metal's (NSE:RAJMET) Promising Earnings May Rest On Soft Foundations

May 05
Rajnandini Metal's (NSE:RAJMET) Promising Earnings May Rest On Soft Foundations

I Ran A Stock Scan For Earnings Growth And Rajnandini Metal (NSE:RAJMET) Passed With Ease

Feb 15
I Ran A Stock Scan For Earnings Growth And Rajnandini Metal (NSE:RAJMET) Passed With Ease

Is Now The Time To Put Rajnandini Metal (NSE:RAJMET) On Your Watchlist?

Aug 31
Is Now The Time To Put Rajnandini Metal (NSE:RAJMET) On Your Watchlist?

Can Rajnandini Metal Limited's (NSE:RAJMET) ROE Continue To Surpass The Industry Average?

Jan 31
Can Rajnandini Metal Limited's (NSE:RAJMET) ROE Continue To Surpass The Industry Average?

Shareholder Returns

RAJMETIN Trade DistributorsIN Market
7D-6.0%-5.0%-1.6%
1Y-16.2%67.6%45.0%

Return vs Industry: RAJMET underperformed the Indian Trade Distributors industry which returned 67.6% over the past year.

Return vs Market: RAJMET underperformed the Indian Market which returned 45% over the past year.

Price Volatility

Is RAJMET's price volatile compared to industry and market?
RAJMET volatility
RAJMET Average Weekly Movement7.2%
Trade Distributors Industry Average Movement6.7%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

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

Volatility Over Time: RAJMET's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2010156Het Sharmawww.rajnandinimetal.com

Rajnandini Metal Limited engages in the manufacturing and trading of copper continuous casting rods and wires in India and internationally. The company offers copper, brass, zinc, aluminium, and ferrous and nonferrous metals. It also manufactures and sells copper products, including copper rods, annealed bare copper wires, fine copper wires, bunched copper wires, and submersible wires and cables.

Rajnandini Metal Limited Fundamentals Summary

How do Rajnandini Metal's earnings and revenue compare to its market cap?
RAJMET fundamental statistics
Market cap₹3.01b
Earnings (TTM)₹183.10m
Revenue (TTM)₹12.32b

16.5x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RAJMET income statement (TTM)
Revenue₹12.32b
Cost of Revenue₹11.75b
Gross Profit₹569.30m
Other Expenses₹386.20m
Earnings₹183.10m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.66
Gross Margin4.62%
Net Profit Margin1.49%
Debt/Equity Ratio185.3%

How did RAJMET perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

n/a

Payout Ratio
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