Raj Rayon Industries shares closed at Rs 74.59 in the previous session. It was stuck in the lower circuit of 2 per cent at Rs 73.10 through the session today.

Multibagger stock: This penny scrip turned Rs 1.55 into Rs 73 in a year

Raj Rayon Industries reports standalone net loss of Rs 2.29 crore in the December 2022 quarter

Board of Raj Rayon Industries allots preference shares to creditors

Shares of Raj Rayon Industries hit upper circuit of 5 per cent today amid a crash in equity market today. Raj Rayon Industries stock rose 5 per cent to Rs 8.88 (a fresh 52 week high) against the previous close of Rs 8.46 on BSE. In fact, the micro-cap stock has gained 172.39 per cent in the last 21 …

Raj Rayon Industries stock hits 52-week high, zooms 172% in 21 sessions

Raj Rayon Industries reports standalone net loss of Rs 8.72 crore in the June 2021 quarter

Raj Rayon Industries reports standalone net loss of Rs 8.08 crore in the March 2021 quarter

Raj Rayon Industries reports standalone net loss of Rs 9.02 crore in the March 2020 quarter

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Average profitability - not good, not bad

Profitability

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

Raj Rayon Industries Limited is a textile company engaged in manufacturing textured yarn of polyesters and polyesters chips.