company background image
RAJMET logo

Rajnandini Metal NSEI:RAJMET Stock Report

Last Price

₹10.30

Market Cap

₹2.8b

7D

-5.9%

1Y

10.2%

Updated

04 Jun, 2024

Data

Company Financials

Rajnandini Metal Limited

NSEI:RAJMET Stock Report

Market Cap: ₹2.8b

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₹10.30
52 Week High₹21.35
52 Week Low₹8.50
Beta-0.17
1 Month Change-8.85%
3 Month Change-14.17%
1 Year Change10.16%
3 Year Change104.73%
5 Year Change1,655.68%
Change since IPO1,293.99%

Recent News & Updates

We Think You Should Be Aware Of Some Concerning Factors In Rajnandini Metal's (NSE:RAJMET) Earnings

May 21
We Think You Should Be Aware Of Some Concerning Factors In Rajnandini Metal's (NSE:RAJMET) Earnings

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%

Recent updates

We Think You Should Be Aware Of Some Concerning Factors In Rajnandini Metal's (NSE:RAJMET) Earnings

May 21
We Think You Should Be Aware Of Some Concerning Factors In Rajnandini Metal's (NSE:RAJMET) Earnings

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-5.9%8.7%1.4%
1Y10.2%49.9%45.3%

Return vs Industry: RAJMET underperformed the Indian Trade Distributors industry which returned 49.9% over the past year.

Return vs Market: RAJMET underperformed the Indian Market which returned 45.3% over the past year.

Price Volatility

Is RAJMET's price volatile compared to industry and market?
RAJMET volatility
RAJMET Average Weekly Movement5.9%
Trade Distributors Industry Average Movement6.0%
Market Average Movement6.5%
10% most volatile stocks in IN Market9.4%
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 (6%) 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₹2.85b
Earnings (TTM)₹152.40m
Revenue (TTM)₹12.12b

18.7x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RAJMET income statement (TTM)
Revenue₹12.12b
Cost of Revenue₹11.57b
Gross Profit₹552.60m
Other Expenses₹400.20m
Earnings₹152.40m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.55
Gross Margin4.56%
Net Profit Margin1.26%
Debt/Equity Ratio177.1%

How did RAJMET perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.