Rajnandini Metal Ltd

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RAJMET •
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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
40.14% Fall from 52W High
6.5
TTM PE Ratio
Below industry Median
23.2
Price to Book Ratio
Below industry Median
6.2
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is much higher than 1
2
RSI
RSI is mid-range
66.2
MFI
MFI is mid-range
64.5

Rajnandini Metal Ltd shareholding Pattern

Promoter
51.7%
Public
48.3%
Promoter
65.3%
Public
34.7%
Promoter
73.2%
Promoter
73.2%
Public
26.8%
Promoter
73.2%
Public
26.8%
Promoter
73.2%
Public
26.7%
Public
26.8%

Rajnandini Metal Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
15
Bearish Moving Averages
1
5Day EMA
12.70
10Day EMA
12.30
12Day EMA
12.20
20Day EMA
11.80
26Day EMA
11.60
50Day EMA
11.50
100Day EMA
11.60
200Day EMA
11.80
5Day SMA
12.80
10Day SMA
12.40
20Day SMA
11.50
30Day SMA
11.20
50Day SMA
11.20
100Day SMA
11.60
150Day SMA
12.20
200Day SMA
11.60
Delivery & Volume
Resistance & Support
12.89
Pivot
Resistance
First Resistance
13.09
Second Resistance
13.39
Third Resistance
13.59
Support
First Support
12.59
Second support
12.39
Third Support
12.09
Relative Strength Index
66.17
Money Flow Index
64.50
MACD
0.52
MACD Signal
0.34
Average True Range
0.63
Average Directional Index
36.59
Rate of Change (21)
20.23
Rate of Change (125)
-24.82
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Bhagyanagar India Ltd.
370.69
52.9
128.89
Cubex Tubings Ltd.
148.2
35.2
127.55
Hindustan Copper Ltd.
31935.97
115.85
415.8
N D Metal Industries Ltd.
-
-
-
Baroda Extrusion Ltd.
-
-
-
Madhav Copper Ltd.
98.39
26.25
50.9

Rajnandini Metal Ltd Company background

Founded in: 2010
Managing director: Het Ram
Rajnandini Metal Limited was incorporated as a Private Limited Company namely Rajnandini Metal Private Limited on March 18, 2010. Further, the Company converted into a Public Limited Company and the name of the Company was changed from Rajnandini Metal Private Limited to Rajnandini Metal Limited on March 14, 2018. The Company is in business of trading of scrap of all types of ferrous and Non ferrous Metals such as Copper Wires, ingot scrap, and other related items used in various electrical and industrial applications. The product line covers base / primary metals, secondary metals alloys, minor metals, ferrousalloys, all ferrous nonferrous scraps, recyclable plastic scraps, finished semifinished metals and steel products, and alloying additives for smelters and foundries.The Company works as a crucial business interface, networking between manufacturers / processors / yards and consumers / traders across the country. The Company operates as an important intermediary in the Metals Supply Chain whereby it purchases materials such as Annealed/UnAnnealed Copper Wires, Copper Wires, Brass Scrap, Aluminium ingot, Zinc ingot etc. from various suppliers and supply the same to customers in the Metal Business. The Companys business model is based on B2B model wherein the Company sells the scrap to the business enterprises who further transform the scrap in to finished product as per their requirements. In September 2018, the Company raised money from public through IPO by issuing 16,44,000 Equity Shares aggregating Rs 4.27 Crore. Earlier, the Company was engaged in the business of trading of ferrous and non ferrous metals only. But, it entered in manufacturing unit in November, 2019 at Bawal solely dedicated for production of Copper products. From then, the Company is rapidly growing in manufacturing of copper products. In 2019, plant Machinery were installed and the Company commenced its production thereafter. In 2020, a new era was created by Company, by inaugurating its new Drawing Section Plant. New machineries were purchased in order to increase capability and production capacity like Rod breakdown machine (RBD), Bunching machine, Intermediate machine, Fine machine, Online Annealers offline Annealers which can create profitability to organization. In 2021, the Company launched new product Submersible Winding Wire in agriculture sector.
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Rajnandini Metal Ltd FAQs

The past 1-year return of Rajnandini Metal Ltd [RAJMET] share was 33.12. The Rajnandini Metal Ltd [RAJMET] share hit a 1-year low of Rs. 8.5 and a 1-year high of Rs. 21.35.

The market cap of Rajnandini Metal Ltd is Rs. 353.34 Cr. as of 7/11/2024 12:00:00 AM.

The PE ratios of Rajnandini Metal Ltd is 23.24 as of 7/11/2024 12:00:00 AM.

The PB ratios of Rajnandini Metal Ltd is 6.23 as of 7/11/2024 12:00:00 AM

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