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Ratnaveer Precision Engineering Ltd share Price Today

Company details

140.00
149.40
107.10
154.00
6M Return 25.02%
1Y Return 9.60%
Mkt Cap.(Cr) 687.57
Volume 2,331,591
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 2,331,591

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Ratnaveer Precision Engineering Ltd shares SWOT Analysis

Strengths (6)

  • Rising Net Cash Flow and Cash from Operating activity
  • Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
  • Company able to generate Net Cash - Improving Net Cash Flow for last 2 years

Weakness (2)

  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Fall in Quarterly Revenue and Net Profit (YoY)

Opportunity (1)

  • RSI indicating price strength

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 147.4
R2 153.1
R3 156.8
Pivot

143.72

S1 138.0
S2 134.3
S3 128.6
EMA SMA
127.5
126.6
126.0
-
123.3
127.5
128.6
-
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-06-20 139.11 399436 NSE
SUDHA COMMERCIAL COMPANY LIMITED Bulk Purchase 2024-06-20 137.49 391993 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-06-20 139.33 399436 NSE
Name Category Shares
Vijay Ramanlal Sanghavi PROMOTER 53.54%
Seema Vijay Sanghavi PROMOTER 1.93%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Ratnaveer Precision Engineering Ltd Stocks COMPARISON

Financials( in Cr) Ratnaveer Precision Engineering Ltd JSW Steel Ltd Tata Steel Ltd Jindal Steel & Power Ltd Tube Investments of India Ltd
Price 141.77 936.90 179.94 1,077.25 3,983.25
% Change -0.92 0.78 -1.28 1.97 -5.46
Mcap Cr 687.57 229,114.59 224,628.67 109,888.98 77,036.85
Revenue TTM Cr 479.75 165,960.00 243,352.69 53,211.52 14,964.73
Net Profit TTM Cr 25.04 4,139.00 8,075.35 3,974.09 1,325.06
PE TTM 22.11 27.19 0.00 18.51 115.97
1 Year Return 9.60 21.18 57.50 81.31 31.89
ROCE 14.51 8.60 12.10 14.17 33.06
ROE 29.11 6.22 7.48 13.27 37.40
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 107.11 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 37,632.06 8,630.44
LAST 3M 107,380.98 -14,987.35
LAST 6M 184,073.87 -1,796.10
LAST 12M 295,969.92 99,991.16

Ratnaveer Precision Engineering Ltd Information

Stock PE (TTM)
22.11
Promoter Holding
55.48%
Book Value
51.9431
ROCE
14.51%
ROE
29.11%
Description
  • Ratnaveer Precision Engineering Ltd was incorporated as "Ratnaveer Stainless Products Private Limited" on February 20, 2002 in Gujarat. Subsequently, the name of Company was changed to "Ratnaveer Metals Private Limited" on May 28, 2018. Pursuant to conversion of Company into a Public Limited, the name was changed to "Ratnaveer Metals Limited" on September 27, 2018. Further, name of the Company was changed to `Ratnaveer Precision Engineering Limited` and a fresh Certificate of Incorporation was granted by the Registrar of Companies, Ahmedabad on November 01, 2022. The Company is a stainless steel (SS) product manufacturer producing finished sheets, washers, solar roofing hooks, pipes and tubes. The Company operate 4 manufacturing units, out of which 2 are located at Savli, Gujarat, (Unit-I and Unit-II) one is located at Waghodia, Gujarat (Unit-III) and the other one is located at Vatva, Gujarat (Unit-IV) with convenient transportation of products available. The Company manufacture finishing sheets, washers and solar mounting hooks at Unit I and SS pipes & tubes at Unit II. In Unit III, the Company melt steel scrap and turn it into steel ingots and Unit IV is the rolling unit where flat ingots are processed to turn them into sheets which are the raw material for washers. The Company manufacture SS Finishing Sheets, SS Washers and SS Solar roofing hooks at Unit I. The scrap generated primarily in the manufacturing process of SS Washers and SS Solar roofing hooks is sent to Unit III where this scrap and the scrap purchased from third parties is sorted, categorized and melted in heating furnaces and cooled naturally to form the SS ingots. These ingots are sent for job work for conversion into flat ingot. The flat ingots are then brought to Unit IV where the flat ingots are converted into SS sheets and sent back to Unit I for utilization as raw material in its manufacturing process. The Company had started business activities with manufacturing of SS washers and since then, branched out to manufacturing finishing sheets, solar roofing hooks, tubes and pipes which enabled to diversify their product portfolio manifold. In 2002, it started operations from the melting unit (Unit-III) at Waghodia, Vadodara; commenced production of finishing line sheets at Unit I in 2010-11 and later on their production started further for SS tubes & pipes at their Unit-II in 2010-11. The Company is proposing to issue upto 15,300,000 Equity Shares through Fresh Issue and 2100000 Equity Shares through Offer for Sale.

No Data Found

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543978
NSE Code : RATNAVEER
Book Closure Date (Month) :
BSE Group : B
ISIN : INE05CZ01011

FAQ’s on Ratnaveer Precision Engineering Ltd Shares

You can buy Ratnaveer Precision Engineering Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Ratnaveer Precision Engineering Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 21, 2024 03:59 PM the closing price of Ratnaveer Precision Engineering Ltd was Rs.141.77.

The latest PE ratio of Ratnaveer Precision Engineering Ltd as of Jun 21, 2024 03:59 PM is 22.11

The latest PB ratio of Ratnaveer Precision Engineering Ltd as of Jun 21, 2024 03:59 PM is 0.37

The 52-week high of Ratnaveer Precision Engineering Ltd share price is Rs. 154.00 while the 52-week low is Rs. 107.10

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 Jun 21, 2024 03:59 PM, the market cap of Ratnaveer Precision Engineering Ltd stood at Rs. 687.57 Cr.

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