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About Rasandik Engineering Industries India Ltd
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Incorporated in 1984, Rasandik Engineering Industries India Limited is a BSE-listed small-cap entity with an approximate market capitalization of Rs35 Crores as on 31 March 2026. Company operates primarily in the sheet metal fabrication segment and has, in recent years, expanded into the electric mobility space through manufacturing of electric three-wheelers. The Company`s strategic entry into the electric threewheeler segment in recent past aligns with the Government of India`s push towards sustainable mobility, supported by initiatives such as FAME and various state EV policies. The electric three-wheeler market has emerged as a highgrowth segment due to lower operating costs, rising fuel prices, and increasing adoption in last-mile connectivity. The Company has made gradual progress in establishing its presence in this segment, though it is operating in a highly competitive environment with both organized and unorganized players. In 2003, the Company set up Lab for Fuel Tank Life Cycle Tests. It commissioned 1200T HYD Press in 2004. In June 2006, the Company set up Tailor Welded Blanks (TWB) system. The Pune Plant for Sheet Metal Components Assembly Unit was made fully operational in 2007-08. It launched Three-wheeler assembly line in 2008. The Company introduced 7 variants of Three-wheeler Autos with the product -Name "Chief", including Chassis, Passenger carrier, Loader, Delivery Van, Garbage Carriers and Mobile Shop in 2009. The Company launched "SAMRAT" brand - a revolutionary range of L5 category electric vehicles in 2023. Company has expanded the production by establishing a new Laser Tailor Welded Blanks (TWB) line at its Sohna Plant in FY26.
Rasandik Engineering Industries India share price as on 14 Aug 2026 is Rs. 64.9. Over the past 6 months, the Rasandik Engineering Industries India share price has increased by 6.52% and in the last one year, it has decreased by 27.74%. The 52-week low for Rasandik Engineering Industries India share price was Rs. 47.05 and 52-week high was Rs. 94.
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Rasandik Engineering Industries India Ltd FAQs
You can buy Rasandik Engineering Industries India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Rasandik Engineering Industries India Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Aug 14, 2026 12:04 PM the closing price of Rasandik Engineering Industries India Ltd was Rs.64.90.
The latest PE ratio of Rasandik Engineering Industries India Ltd as of Aug 14, 2026 12:04 PM is -5.71
The latest PB ratio of Rasandik Engineering Industries India Ltd as of Aug 14, 2026 12:04 PM is 0.44
The 52-week high of Rasandik Engineering Industries India Ltd share price is Rs. 94.00 while the 52-week low is Rs. 47.05
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Aug 14, 2026 12:04 PM, the market cap of Rasandik Engineering Industries India Ltd stood at Rs. 38.78 Cr.
Market Outlook
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