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Goldstar Power Ltd vs Rasandik Engineering Industries India Ltd Stock Comparison

Goldstar Power Ltd vs Rasandik Engineering Industries India Ltd Stock Comparison

Last Updated on: May 05, 2026

Key Highlights

  • The Latest Trading Price of Goldstar Power Ltd is ₹ 7.05 as of 04 May 15:30 . The P/E Ratio of Goldstar Power Ltd changed from 315 on March 2021 to 85.6 on March 2025 . This represents a CAGR of -22.94% over 5 yearsThe P/E Ratio of Rasandik Engineering Industries India Ltd changed from 7 on March 2024 to 0 on March 2025 . This represents a CAGR of -100.00% over 2 years The Market Cap of Goldstar Power Ltd changed from ₹ 235.89 crore on March 2021 to ₹ 185.34 crore on March 2025 . This represents a CAGR of -4.71% over 5 yearsThe Market Cap of Rasandik Engineering Industries India Ltd changed from ₹ 54.85 crore on March 2021 to ₹ 43.39 crore on March 2025 . This represents a CAGR of -4.58% over 5 years The revenue of Goldstar Power Ltd for the Dec '25 is ₹ 269.8 crore as compare to the Sep '25 revenue of ₹ 127.94 crore. This represent the growth of 110.88% The revenue of Rasandik Engineering Industries India Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Goldstar Power Ltd for the Dec '25 is ₹ 11.53 crore as compare to the Sep '25 ebitda of ₹ 1.74 crore. This represent the growth of 562.64% The ebitda of Rasandik Engineering Industries India Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Goldstar Power Ltd changed from ₹ -0.42 crore to ₹ 10.41 crore over 7 quarters. This represents a CAGR of NaN% The net profit of Rasandik Engineering Industries India Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0% The Dividend Payout of Goldstar Power Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Rasandik Engineering Industries India Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About Goldstar Power Ltd

  • Goldstar Power Limited was originally incorporated as a private limited company in the name and style of 'Goldstar Battery Private Limited' on July 12, 1999.
  • Consequently, the name of Company was changed to 'Goldstar Power Private Limited' on July 13, 2017.
  • Further, it was converted into a public limited company and the name of the Company was changed to 'Goldstar Power Limited on July 21, 2017. Led by the founder Promoter, Shri Amrutlal Pansara, Goldstar is a battery manufacturing Company, manufacturing & marketing the products under its flagship brand 'Star Gold'.
  • The Company is engaged in the business of manufacture, produce and assembles all types of batteries, including storage batteries, dry batteries, solar power batteries etc.
  • It is located at Hapa, Jamnagar, Gujarat with an integrated plant wherein battery scrap and discarded batteries procured from dealers and retailers are converted to finished product.

About Rasandik Engineering Industries India Ltd

  • Incorporated in 1984, Rasandik Engineering Industries India Ltd is mainly engaged in manufacturing of sheet metal components, muffler assemblies, fuel tank, tools & dies for motor vehicles, and spare parts. To supply several components, the Company diversified into manufacturing of Press Tools & Dies and offering a 'One Stop Shop' to customers.
  • It made a preferential issue of 7,50,000 equity shares of Rs.10/- each to promoters and associates of the Company. 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.

FAQs for the comparison of Goldstar Power Ltd and Rasandik Engineering Industries India Ltd

Which company has a larger market capitalization, Goldstar Power Ltd or Rasandik Engineering Industries India Ltd?

Market cap of Goldstar Power Ltd is 201 Cr while Market cap of Rasandik Engineering Industries India Ltd is 41 Cr

What are the key factors driving the stock performance of Goldstar Power Ltd and Rasandik Engineering Industries India Ltd?

The stock performance of Goldstar Power Ltd and Rasandik Engineering Industries India Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Goldstar Power Ltd and Rasandik Engineering Industries India Ltd?

As of May 5, 2026, the Goldstar Power Ltd stock price is INR ₹7.05. On the other hand, Rasandik Engineering Industries India Ltd stock price is INR ₹68.64.

How do dividend payouts of Goldstar Power Ltd and Rasandik Engineering Industries India Ltd compare?

To compare the dividend payouts of Goldstar Power Ltd and Rasandik Engineering Industries India Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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