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Rajratan Global Wire NSEI:RAJRATAN Stock Report

Last Price

₹624.05

Market Cap

₹31.7b

7D

-3.8%

1Y

-21.6%

Updated

30 Apr, 2024

Data

Company Financials +

Rajratan Global Wire Limited

NSEI:RAJRATAN Stock Report

Market Cap: ₹31.7b

RAJRATAN Stock Overview

Rajratan Global Wire Limited engages in manufacturing and sale of tyre bead wires in India and Thailand.

RAJRATAN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Rajratan Global Wire Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rajratan Global Wire
Historical stock prices
Current Share Price₹624.05
52 Week High₹882.00
52 Week Low₹578.50
Beta0.36
1 Month Change7.43%
3 Month Change-8.36%
1 Year Change-21.63%
3 Year Change196.67%
5 Year Changen/a
Change since IPO1,573.95%

Recent News & Updates

Returns On Capital Signal Tricky Times Ahead For Rajratan Global Wire (NSE:RAJRATAN)

Apr 05
Returns On Capital Signal Tricky Times Ahead For Rajratan Global Wire (NSE:RAJRATAN)

₹882 - That's What Analysts Think Rajratan Global Wire Limited (NSE:RAJRATAN) Is Worth After These Results

Jan 23
₹882 - That's What Analysts Think Rajratan Global Wire Limited (NSE:RAJRATAN) Is Worth After These Results

Recent updates

Returns On Capital Signal Tricky Times Ahead For Rajratan Global Wire (NSE:RAJRATAN)

Apr 05
Returns On Capital Signal Tricky Times Ahead For Rajratan Global Wire (NSE:RAJRATAN)

₹882 - That's What Analysts Think Rajratan Global Wire Limited (NSE:RAJRATAN) Is Worth After These Results

Jan 23
₹882 - That's What Analysts Think Rajratan Global Wire Limited (NSE:RAJRATAN) Is Worth After These Results

Here's What Rajratan Global Wire's (NSE:RAJRATAN) Strong Returns On Capital Mean

Oct 20
Here's What Rajratan Global Wire's (NSE:RAJRATAN) Strong Returns On Capital Mean

Do Rajratan Global Wire's (NSE:RAJRATAN) Earnings Warrant Your Attention?

Apr 21
Do Rajratan Global Wire's (NSE:RAJRATAN) Earnings Warrant Your Attention?

Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?

Mar 23
Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?

Some Analysts Just Cut Their Rajratan Global Wire Limited (NSE:RAJRATAN) Estimates

Jan 29
Some Analysts Just Cut Their Rajratan Global Wire Limited (NSE:RAJRATAN) Estimates

Here's Why We Think Rajratan Global Wire (NSE:RAJRATAN) Might Deserve Your Attention Today

Nov 08
Here's Why We Think Rajratan Global Wire (NSE:RAJRATAN) Might Deserve Your Attention Today

Under The Bonnet, Rajratan Global Wire's (NSE:RAJRATAN) Returns Look Impressive

Oct 22
Under The Bonnet, Rajratan Global Wire's (NSE:RAJRATAN) Returns Look Impressive

Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?

Sep 27
Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?

Rajratan Global Wire Limited Just Beat Revenue By 13%: Here's What Analysts Think Will Happen Next

Jul 23
Rajratan Global Wire Limited Just Beat Revenue By 13%: Here's What Analysts Think Will Happen Next

We Think Rajratan Global Wire (NSE:RAJRATAN) Might Have The DNA Of A Multi-Bagger

Jul 20
We Think Rajratan Global Wire (NSE:RAJRATAN) Might Have The DNA Of A Multi-Bagger

Here's Why Rajratan Global Wire (NSE:RAJRATAN) Can Manage Its Debt Responsibly

May 17
Here's Why Rajratan Global Wire (NSE:RAJRATAN) Can Manage Its Debt Responsibly

Do Rajratan Global Wire's (NSE:RAJRATAN) Earnings Warrant Your Attention?

Apr 28
Do Rajratan Global Wire's (NSE:RAJRATAN) Earnings Warrant Your Attention?

These 4 Measures Indicate That Rajratan Global Wire (NSE:RAJRATAN) Is Using Debt Reasonably Well

Jan 05
These 4 Measures Indicate That Rajratan Global Wire (NSE:RAJRATAN) Is Using Debt Reasonably Well

Rajratan Global Wire's (NSE:RAJRATAN) Earnings Are Weaker Than They Seem

Oct 28
Rajratan Global Wire's (NSE:RAJRATAN) Earnings Are Weaker Than They Seem

Is Now The Time To Put Rajratan Global Wire (NSE:RAJRATAN) On Your Watchlist?

Oct 07
Is Now The Time To Put Rajratan Global Wire (NSE:RAJRATAN) On Your Watchlist?

Why You Should Care About Rajratan Global Wire's (NSE:RAJRATAN) Strong Returns On Capital

Aug 30
Why You Should Care About Rajratan Global Wire's (NSE:RAJRATAN) Strong Returns On Capital

With EPS Growth And More, Rajratan Global Wire (NSE:RAJRATAN) Is Interesting

Jun 24
With EPS Growth And More, Rajratan Global Wire (NSE:RAJRATAN) Is Interesting

Rajratan Global Wire (NSE:RAJRATAN) Seems To Use Debt Quite Sensibly

Jun 10
Rajratan Global Wire (NSE:RAJRATAN) Seems To Use Debt Quite Sensibly

Here's What's Concerning About Rajratan Global Wire's (NSE:RAJRATAN) Returns On Capital

May 25
Here's What's Concerning About Rajratan Global Wire's (NSE:RAJRATAN) Returns On Capital

Is Rajratan Global Wire (NSE:RAJRATAN) A Risky Investment?

Feb 22
Is Rajratan Global Wire (NSE:RAJRATAN) A Risky Investment?

Did Rajratan Global Wire Limited (NSE:RAJRATAN) Insiders Buy Up More Shares?

Jan 25
Did Rajratan Global Wire Limited (NSE:RAJRATAN) Insiders Buy Up More Shares?

Is Rajratan Global Wire Limited's (NSE:RAJRATAN) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Dec 20
Is Rajratan Global Wire Limited's (NSE:RAJRATAN) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?

Nov 23
Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?

Did Rajratan Global Wire Limited (NSE:RAJRATAN) Insiders Buy Up More Shares?

Oct 26
Did Rajratan Global Wire Limited (NSE:RAJRATAN) Insiders Buy Up More Shares?

Is Rajratan Global Wire Limited's (NSE:RAJRATAN) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Sep 20
Is Rajratan Global Wire Limited's (NSE:RAJRATAN) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Rajratan Global Wire (NSE:RAJRATAN) Has A Somewhat Strained Balance Sheet

Aug 25
Rajratan Global Wire (NSE:RAJRATAN) Has A Somewhat Strained Balance Sheet

Not Many Are Piling Into Rajratan Global Wire Limited (NSE:RAJRATAN) Just Yet

Jul 20
Not Many Are Piling Into Rajratan Global Wire Limited (NSE:RAJRATAN) Just Yet

Shareholder Returns

RAJRATANIN Metals and MiningIN Market
7D-3.8%3.9%1.6%
1Y-21.6%60.8%45.1%

Return vs Industry: RAJRATAN underperformed the Indian Metals and Mining industry which returned 63.9% over the past year.

Return vs Market: RAJRATAN underperformed the Indian Market which returned 45.9% over the past year.

Price Volatility

Is RAJRATAN's price volatile compared to industry and market?
RAJRATAN volatility
RAJRATAN Average Weekly Movement5.7%
Metals and Mining Industry Average Movement7.1%
Market Average Movement6.8%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.2%

Stable Share Price: RAJRATAN has not had significant price volatility in the past 3 months.

Volatility Over Time: RAJRATAN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988632Sunil Chordiawww.rajratan.co.in

Rajratan Global Wire Limited engages in manufacturing and sale of tyre bead wires in India and Thailand. The company also offers high carbon steel wires that are used in various industries including construction, engineering, and automobile industries. Rajratan Global Wire Limited was incorporated in 1988 and is headquartered in Indore, India.

Rajratan Global Wire Limited Fundamentals Summary

How do Rajratan Global Wire's earnings and revenue compare to its market cap?
RAJRATAN fundamental statistics
Market cap₹31.71b
Earnings (TTM)₹718.30m
Revenue (TTM)₹8.90b

44.1x

P/E Ratio

3.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RAJRATAN income statement (TTM)
Revenue₹8.90b
Cost of Revenue₹5.81b
Gross Profit₹3.09b
Other Expenses₹2.37b
Earnings₹718.30m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)14.15
Gross Margin34.71%
Net Profit Margin8.07%
Debt/Equity Ratio38.7%

How did RAJRATAN perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

14%

Payout Ratio
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