Rajratan Global Wire Ltd
RAJRATAN
633.0533.30 (-5.00%)
Investment Checklist
BasicPro
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Insufficient Data
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
Red Flags FoundASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock in ASM list
Rajratan Global Wire Ltd
RAJRATAN
MaterialsIron & Steel
SmallcapWith a market cap of ₹3,383 cr, stock is ranked 591
High RiskStock is 3.53x as volatile as Nifty
633.0533.30 (-5.00%)
Price Chart
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Investment Checklist
BasicPro
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Insufficient Data
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
Red Flags FoundASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock in ASM list
MaterialsIron & Steel
SmallcapWith a market cap of ₹3,383 cr, stock is ranked 591
High RiskStock is 3.53x as volatile as Nifty
Key Metrics
PE RatioPE Ratio
27.21
PB RatioPB Ratio
14.93
Dividend YieldDiv. Yield
0.30%
Sector PESector PE
15.98
Sector PBSector PB
2.94
Sector Div YldSctr Div Yld
2.17%
Forecast & RatingsDetailed Forecast
100%
Analysts have suggested that investors can buy this stock
Price
Price Upside
Pro Only
Earnings
Earnings Growth
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Revenue
Rev. Growth
Pro Only
Company Profile
Rajratan Global Wire is engaged in the business of manufacturing and sale of steel wires.
Investor PresentationView older
View Older PresentationsPeersCompare with peers
JSW Steel Ltd
PE Ratio
19.22
1Y Return
-12.04%
Buy Reco %
58.62
Tata Steel Ltd
PE Ratio
3.59
1Y Return
0.02%
Buy Reco %
90.00
Jindal Steel And Power Ltd
PE Ratio
12.26
1Y Return
9.76%
Buy Reco %
86.96
Steel Authority of India Ltd
PE Ratio
8.42
1Y Return
-35.88%
Buy Reco %
70.83
Bharat Forge Ltd
PE Ratio
29.72
1Y Return
1.75%
Buy Reco %
76.92
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Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Recent NewsAll news
Rajratan Global Wire consolidated net profit rises 59.54% in the March 2022 quarter
4 weeks ago•Business Standard
Rajratan Global Wire stock hits 52-week high after updating on Chennai Greenfield expansion
1 month ago•India Infoline
Recent EventsAll events
Transcript of Analysts/Institutional Investor Meet/Con. Call
Cash Dividend
Final • Div/Share: ₹ 8
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value