Anand Rayons Ltd

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BUY

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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 %
37.82% Fall from 52W High
-13.5
TTM PE Ratio
Above industry Median
14.2
Price to Book Ratio
Above industry Median
1.8
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is less than 1
0.3
RSI
RSI is mid-range
46.8
MFI
MFI is mid-range
58.9

Anand Rayons Ltd shareholding Pattern

Promoter
70.7%
Public
29.3%
Promoter
70.7%
Public
29.3%
Promoter
70.7%
Public
29.3%
Promoter
69.8%
Public
30.2%
Promoter
69.8%
Public
30.2%
Promoter
69.8%
Public
30.2%

Anand Rayons Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
0
Bearish Moving Averages
16
5Day EMA
40.80
10Day EMA
40.90
12Day EMA
40.90
20Day EMA
41.00
26Day EMA
41.00
50Day EMA
41.40
100Day EMA
41.60
200Day EMA
42.20
5Day SMA
40.80
10Day SMA
40.80
20Day SMA
41.30
30Day SMA
40.60
50Day SMA
41.50
100Day SMA
41.90
150Day SMA
41.10
200Day SMA
40.90
Delivery & Volume
Resistance & Support
40.74
Pivot
Resistance
First Resistance
41.45
Second Resistance
42.50
Third Resistance
43.21
Support
First Support
39.69
Second support
38.98
Third Support
37.93
Relative Strength Index
46.77
Money Flow Index
58.89
MACD
-0.16
MACD Signal
-0.15
Average True Range
2.23
Average Directional Index
10.41
Rate of Change (21)
1.38
Rate of Change (125)
5.32
Peer comparison
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Market Cap
52W Low
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Anand Rayons Ltd.
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Anand Rayons Ltd Company background

Founded in: 2018
Managing director: Anand Bakshi
Anand Rayons Limited was originally formed and registered as a partnership firm in the name and style of M/s Anand Enterprise, pursuant to a deed of partnership dated July 01.1987. Subsequently, the partnership firm was reconstituted on April 3.1992, October 8, 1999 and March 09. 2018. Thereafter, the partnership firm was converted in to a public limited company on September 20, 2018 in the name and style of M/s. Anand Rayons Limited and received a certificate of incorporation on October 02, 2018. The promoter of the Company Mr. Anand Bakshi has more than two and half decade experience in the trading of Yarn. Their relations with suppliers, customers and management acumen have been useful in implementing the growth strategy.In 1992, Mr. Anand Bakshi, Managing Director of the Company, joined the Partnership Firm as a Partner. With his Ideas and Energy, Anand Enterprise achieved many mile stones in sales as well as profitability of the Firm. The partnership firm was reconstituted in the year 1999 and all the partners except Mr. Gokul Bakshi and Anand Bakshi had retired from the partnership firm. Initially the partnership firm was doing trading activity in and around surat only. After Mr Anand Bakshi had taken active interest, the firm has spread its wings and started trading in other cities and other parts of the Country. The firm also started sales to other cities like Ahmedabad, Vapi, Daman, Varanasi, Ichalkaranji. Bangalore, Erode Coimbatore Later on. Anand Enterprise has taken Dealership of Nylon Yarn from JCT Limited. Polyester Yarn from Indorama Synthetics India Limited. Garden Silk Mills Limited Philatex India Limited to expand the business.The Firm has started trading in value added yarns like doped dyed yarns, fancy yarns for various applications like weaving of sarees, shirting dress materials, yarn dyeing, caipets, various types of Elastic tap sizing segments. The promoter with their experience get the better quality of doped dyed yarn after successfully implementing with the master batch with the local person and guide the spinners to get the required yarn. The focus of the firm was on development of market share on fancy and value added yams. The Firm holds a decent market share amongst the embroidery yarn, dyed yarn. The core yarn in value added form is supplied to Jari Manufacturers. The company at present is trading in and around Surat only.
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