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About Rasi Electrodes Ltd
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Rasi Electrodes Ltd was incorporated as a Private Limited Company in 1994 and in the same year, it was converted into a Public Limited Company. Promoters of the Company are B Popatlal Kothari and B Ranjit Kumar Kothari and their Associates. The Company has a factory in Chennai towards manufacture of Mild Steel Electrodes and Copper Coated Welding wire. The company has commenced commercial production of welding electrodes in the month of Jan`95.The phase I of the project for a production capacity of 900 tpa has been completed and phase II for expansion of capacity to 3300 tpa is under implementation. The company`s plant is located at Upparapalayam Village which is near to Madras. The company came out with the public issue of 20.60 lakhs equity shares of Rs 10 each for cash at par aggregating to 206 lakhs for the purpose of expanding the existing manufacturing capacity of welding electrodes from 900 tpa to 3300 tpa. In 2015, the Company installed imported plant and machinery for the manufacture of CCMS Wire with an installed capacity of 1800 MTPA and later increased to 3300 MTPA in 2016.
Rasi Electrodes share price as on 16 May 2025 is Rs. 19.43. Over the past 6 months, the Rasi Electrodes share price has decreased by 41.65% and in the last one year, it has decreased by 29.47%. The 52-week low for Rasi Electrodes share price was Rs. 16.1 and 52-week high was Rs. 45.24.
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Rasi Electrodes Ltd FAQs
You can buy Rasi Electrodes Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Rasi Electrodes Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of May 16, 2025 10:16 AM the closing price of Rasi Electrodes Ltd was Rs.19.43.
The latest PE ratio of Rasi Electrodes Ltd as of May 16, 2025 10:16 AM is 19.51
The latest PB ratio of Rasi Electrodes Ltd as of May 16, 2025 10:16 AM is 0.58
The 52-week high of Rasi Electrodes Ltd share price is Rs. 45.24 while the 52-week low is Rs. 16.10
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 May 16, 2025 10:16 AM, the market cap of Rasi Electrodes Ltd stood at Rs. 60.49 Cr.
Market Outlook
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