Remsons Industries Ltd

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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 %
310.25% Gain from 52W Low
-5.1
TTM PE Ratio
High in industry
60.4
Price to Book Ratio
High in industry
15.3
Dividend yield 1yr %
Low in industry
0.2
TTM PEG Ratio
PEG TTM is much higher than 1
2.7
RSI
RSI is mid-range
43.4
MFI
MFI is mid-range
32.6

Remsons Industries Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Remsons Industries Ltd shareholding Pattern

Promoter
65.3%
Foreign Institutions
2.9%
Domestic Institutions
0.2%
Public
31.6%
Foreign Institutions
2.2%
Foreign Institutions
2.3%
Promoter
75%
Public
25%
Promoter
75%
Public
25%
Promoter
75%
Public
25%
Promoter
75%
Public
25%
Promoter
75%
Public
25%

Remsons Industries Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
5
Bearish Moving Averages
11
5Day EMA
940.70
10Day EMA
947.50
12Day EMA
948.80
20Day EMA
950.70
26Day EMA
950.10
50Day EMA
936.20
100Day EMA
870.80
200Day EMA
731.30
5Day SMA
946.40
10Day SMA
952.90
20Day SMA
957.40
30Day SMA
953.60
50Day SMA
937.90
100Day SMA
901.10
150Day SMA
787.70
200Day SMA
694.90
Delivery & Volume
Resistance & Support
924.02
Pivot
Resistance
First Resistance
935.93
Second Resistance
943.67
Third Resistance
955.58
Support
First Support
916.28
Second support
904.37
Third Support
896.63
Relative Strength Index
43.39
Money Flow Index
32.55
MACD
-1.26
MACD Signal
2.88
Average True Range
37.94
Average Directional Index
10.74
Rate of Change (21)
-2.54
Rate of Change (125)
67.27
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Hindustan Composites Ltd.
663.35
294.95
494.45
Munjal Showa Ltd.
679.32
99.65
211.9
Frontier Springs Ltd.
-
-
-
Bharat Seats Ltd.
-
-
-
Uravi T & Wedge Lamps Ltd.
617.82
151
601
Pavna Industries Ltd.
664.95
269.6
640.85

Remsons Industries Ltd Company background

Founded in: 1971
Managing director: K Kejriwal
Remsons Industries Limited (RIL) was incorporated in May 71, earlier known as Remsons Cables, and went public in 1986. It was promoted by Vishwa Prakash Harlalka and his family. The Company is engaged in the manufacture of Auto Control Cables and Gear Shift Mechanisms with Push Pull Cables. It is one of the major suppliers to the Automobile Manufacturers like Tata Motors, Hero Honda, Maruti Suzuki, Mahindra Mahindra, Piaggio, General Motors India, TVS Suzuki etc.RIL manufactures control cables for the automobile and general engineering industries and for twowheelers. It also makes brake liners and brake shoes, Gear Shifters for automobiles. Manufacturing operations are carried out in Bombay, Daman, Pune and Gurgaon. It has developed its own inhouse technology. It introduced frictionfree control cables in India. The companys products are exported to US, Europe, the UK, Holland, Egypt, New Zealand and Srilanka. The promoters came out with an open offer for the sale of equity shares at a premium of Rs 40 in May 95 for redeploying the proceeds to meet the cost of modernisation and expansion. RIL started a new unit at Pardi, Gujarat. Company has initiated measures for ISO 9002 Certification.In 199798, it increased the installed capacity of its auto control cables and auto brake shoes to 2,65,00,000 nos and 40,00,000 nos respectively.The company has designed and developed control cables for electric cars and is a supplier to Bangalore based Reva Electric Car Company Private Limited. In 200001 the company appointed Mr John Glover as its Technical Consultant. During 200102 the Components division has launched Gas Guard,a Gas leak detector,which is being accepted well in the market.During 200506, three companies namely Daman Auto Industries Limited, Rems Auto Engineers Limited and Remsons Auto Industries Private Limited were amalgamated with the Company w.e.f. April 1, 2005. The Company allotted 10,32,857 equity shares on 4 December, 2006 pursuant to the Scheme of Amalgamation. The New Equity Shares allotted upon the Scheme of Amalgamation got listed with The Bombay Stock Exchange Limited (BSE) and The National Stock Exchange of India Limited (NSE) from November 2007.The Company shifted its two Mumbai Units to Daman in order to consolidate its operations and avail economies of scale by centralizing more units under one roof in 2008. It started a Joint Venture with M/s Orscheln Products LL.C., USA and a Company in the name and style of Orscheln Remsons Technologies Private Limited was incorporated on January 1, 2008.In 201011, a new Unit at Plot No 647/1A (Golden House) started operations from November 2010, modernization expansion of another Unit at Plot No A2/3 A2/4 (Diamond House) was also completed and resulting to this, the Unit became operational. The Company opened marketing and technical support office in USA and Europe in 201819. Magal Cables Ltd. UK, part of Arlington Group and the Companys first Global Production Unit was acquired in October, 2020. The Company incorporated one more Wholly Owned Subsidiary namely Remsons UK Ltd. on 10 November, 2020. However, the Company transferred and disposed of their entire holding in Remsons UK Ltd., UK on 9 March, 2021 consequently, the said Remsons UK Ltd. ceased to be the wholly owned subsidiary.In 2022, it opened new stateoftheart facility at Chakan, Pune.
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Remsons Industries Ltd FAQs

Remsons Industries Ltd shares are currently priced at 928.2 on NSE and 932.75 on BSE as of 5/23/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Remsons Industries Ltd [REMSONSIND] share was 279.32. The Remsons Industries Ltd [REMSONSIND] share hit a 1-year low of Rs. 226.25 and a 1-year high of Rs. 1100.

The market cap of Remsons Industries Ltd is Rs. 622.43 Cr. as of 5/23/2024 12:00:00 AM.

The PE ratios of Remsons Industries Ltd is 66.72 as of 5/23/2024 12:00:00 AM.

The PB ratios of Remsons Industries Ltd is 6.78 as of 5/23/2024 12:00:00 AM

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