Rishabh Instruments Ltd

NSE
RISHABH •
BUY

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

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Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
52W Low on Sep 11, 2023
1.8
TTM PE Ratio
Below industry Median
38
Price to Book Ratio
Below industry Median
5
Dividend yield 1yr %
0
TTM PEG Ratio
RSI
RSI is mid-range
35
MFI
MFI is mid-range
34.4

Rishabh Instruments Ltd Key Financials

*All values are in ₹ Cr.

Rishabh Instruments Ltd shareholding Pattern

Promoter
70.7%
Foreign Institutions
2.1%
Mutual Funds
13.6%
Domestic Institutions
14.7%
Public
12.5%

Rishabh Instruments Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
0
Bearish Moving Averages
13
5Day EMA
526.80
10Day EMA
537.40
12Day EMA
541.30
20Day EMA
552.10
26Day EMA
555.90
50Day EMA
555.00
100Day EMA
529.30
EMA
NaN
Delivery & Volume
Resistance & Support
521.65
Pivot
Resistance
First Resistance
527.20
Second Resistance
535.45
Third Resistance
541
Support
First Support
513.40
Second support
507.85
Third Support
499.60
Relative Strength Index
34.97
Money Flow Index
34.45
MACD
-14.56
MACD Signal
-8.07
Average True Range
25.53
Average Directional Index
31.91
Rate of Change (21)
-12.01
Rate of Change (125)
0.00

Rishabh Instruments Ltd Company background

Founded in: 1982
Managing director: Narendra Joharimal Goliya
Rishabh Instruments Ltd. was incorporated as a Private Limited Company with the name Rishabh Instruments Private Limited, under the Companies Act, 1956, dated October 6, 1982, granted by the ROC. Pursuant to conversion of the Company into Public Limited on September 8, 2022, name of the Company was changed to Rishabh Instruments Limited and the RoC issued a fresh certificate of incorporation on September 22, 2022. The Company is a global energy efficiency solution company focused on electrical automation, metering and measurement, precision engineered products, with diverse applications across industries including power, automotive and industrial sectors. The Company supply a wide range of electrical measurement and process optimization equipment, and are vertically integrated player involved in designing, developing, manufacturing and supplying electrical automation devices metering, control and protection devices portable test and measuring instruments and solar string inverters. In addition, it manufacture and supply aluminium high pressure die casting through Subsidiary, Lumel Alucast. It also provide certain manufacturing services which include mould design and manufacturing, EMI/EMC testing services, Electronic Manufacturing Services, and software solutions (e.g., MARC).Electrical automation products include energy management software, transducers and isolators, paperless recorders (chartless) and dataloggers, temperature and humidity recorders, I/O converters and temperature controllers among others. Their metering, control and protection devices consist of analog panel meters, rotary cam switches, current transformers, shunts, digital panel meters, multifunction meters, multiload monitoring meters, power quality meters, power quality analyzers, power factor controllers, LV and MV relays, genset controllers, synchronizing units, power supply and battery chargers among others. Under portable test and measuring instruments portfolio, the Company manufacture various categories of digital multimeters, digital clamp meters, digital insulation testers, digital earth testers and environmental products such as ultrasonic level/thickness meter, digital luxmeter, noncontact tachometers, DB meter, submarine cable fault locator among others. Apart from these, it also manufacture solar string inverters in India designed for use in photovoltaic installations connected to the grid. In terms of aluminium high pressure die castings, we serve global automation, automotive and other industries with our inhouse designed tools (which include die casting moulds and CNC fixtures) and various post casting processes such as high precision machining, surface treatment and heat treatment. The Company provide complete aluminium high pressure die casting solutions for customers requiring close tolerance fabrication such as automotive compressor manufacturers and automation high precision flow meters manufacturers, machining and finishing of precision components. The Company is diversified in terms of end users of products, serving industrial (FMCG, pharmaceutical, cement, steel, railways), power (generation, transmission and distribution, renewable energy, oil and gas), OEM industries (transformer, motor, cable and special machine manufacturers) and new applications (data centre, laboratories, semiconductors, consumer electronics, and building automation).The Company was founded in 1982 by Narendra Joharimal Goliya who is the Promoter.In 1983, the Company entered into an agreement for technical assistance with a Germany based company.In 1993, it entered into a distributorship agreement with Larsen Toubro Limited.In 1997, it entered into an agreement for technical assistance with M/s Gossen Metrawatt GmbH.In 1998, the Company increased Manufacturing Facility I at Nashik.In 2002, it entered into a technology transfer agreement with a Germany based company.In 2008, it entered into an agreement with a company based out of United Kingdom for production of audio / video recording equipments.The Company acquired Lubuskie Zaklady Aparatw Elektrycznych Lumel Splka akcyjna in Fiscal 2012. Lumel supplied aluminium die casting to the automotive industry. In 2016, it entered into an intellectual property agreement with an Italy based company wherein it assigned intellectual property rights in respect of APV centralised inverters, APV cabinets, APVS string inverters and string boxes.In 2020, Lumel SA built a manufacturing facility for electronics manufacturing and further acquired a division of product from Relpol S.A.In 2021, the Company received MSIPs approval from the Government of India.The Company has filed Draft Prospectus and is planning to raise capital from Public by raising Rs.75 crores through Fresh Issue and 9417500 Equity Shares through Offer For Sale.
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Rishabh Instruments Ltd FAQs

Rishabh Instruments Ltd shares are currently priced at 518.95 on NSE and 519.2 on BSE as of 2/22/2024 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 Rishabh Instruments Ltd [RISHABH] share was 0. The Rishabh Instruments Ltd [RISHABH] share hit a 1-year low of Rs. 432.35 and a 1-year high of Rs. 635.4.

The market cap of Rishabh Instruments Ltd is Rs. 1978.53 Cr. as of 2/22/2024 12:00:00 AM.

The PE ratios of Rishabh Instruments Ltd is 56.99 as of 2/22/2024 12:00:00 AM.

The PB ratios of Rishabh Instruments Ltd is 5.71 as of 2/22/2024 12:00:00 AM

The Mutual Fund Shareholding was 13.63% at the end of 2/22/2024 12:00:00 AM.

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