Rain Industries Consolidated December 2022 Net Sales at Rs 5,456.81 crore, up 35.54% Y-o-Y

Rain Industries Standalone December 2022 Net Sales at Rs 19.08 crore, down 18.16% Y-o-Y

Rain Industries reported a consolidated net profit of Rs 89.52 crore in Q4 CY22 as against a net loss of Rs 96.96 crore posted in Q4 CY21.

Rain Industries reports turnaround Q4 numbers

Rain Industries reports consolidated net profit of Rs 89.52 crore in the December 2022 quarter

Rain Industries, Vesuvius India, and Foseco India will be among the stocks in focus as they will declare their December quarter earnings today.

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Aditya Birla Sun Life AMC, which manages Rs 1,13,020 crore in equity assets, entered GMM Pfaudler, buying 1,770,353 shares worth Rs 277 crore. Sula Vineyards, Elin Electronics, Landmark Cars, Radiant Cash Management and Rain Industries were some other stocks this fund house entered in December.

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Based on the OI percentage, we have seen a long build-up in 83 stocks on Friday, including Persistent Systems, Federal Bank, Rain Industries, Aditya Birla Fashion & Retail, and MCX India.

Trade setup for today: Top 15 things to know before the opening bell

Based on the OI percentage, a long build-up was seen in 84 stocks on Monday, including Tata Steel, SAIL, Rain Industries, Hindustan Copper, and PFC.

Trade setup for today: Top 14 things to know before the opening bell

Based on the open interest future percentage, a long build-up was seen in a total of 70 stocks on Thursday, including Oracle Financial, Astral, Gujarat Gas, Rain Industries, and Persistent Systems.

Trade setup for Friday: Top 15 things to know before the opening bell

Rain Industries shares have given flag pattern breakdown on closing basis, say stock market experts

Rain Industries shares: Why this chemical stock is falling — explained

Reliance Infrastructure Ltd, Rain Industries Ltd, Titagarh Wagons Ltd and Indiabulls Real Estate Ltd are among the other losers in the BSE’s ‘A’ group today, 09 September 2022.

Reliance Power Ltd leads losers in ‘A’ group

Hasn't faired well - amongst the low performers

Performance

Undervalued compared to the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Rain Industries Limited is engaged in the business of manufacture and sale of carbon products, chemicals and cement.