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Resistance/Support
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Dhatre Udyog Ltd Performance

Today's Low
21.50
arrowIcon
Today's High
22.63
52 Wk Low
8.10
arrowIcon
52 Wk High
31.73


Open

22.63

Traded Value (Cr)

93.33 L

Prev. Close

22.63

VWAP

21.53

Volume

4,34,100

Face Value

1

Dhatre Udyog Ltd Fundamentals

Market Cap
₹ 246 Cr
P/E Ratio (TTM)
23.57
P/B Ratio
3.79
Debt to Equity
0.00
ROE
12.45 %
EPS (TTM)
0.96
Dividend Yield
0.00%
Book Value
5.97

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Dhatre Udyog Ltd Financials

Dhatre Udyog Ltd Financials

Dhatre Udyog Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 79.04 % 89.60 % 90.01 % 90.01 %
Retail 16.45 % 8.49 % 7.24 % 5.85 %
Others 4.51 % 1.91 % 2.75 % 4.14 %
FII 0.00 % 0.00 % 0.00 % 0.00 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

79.04%

Retail

16.45%

Others

4.51%

FII

0.00%

Mutual Funds

0.00%

Promoters

89.60%

Retail

8.49%

Others

1.91%

FII

0.00%

Mutual Funds

0.00%

Promoters

90.01%

Retail

7.24%

Others

2.75%

FII

0.00%

Mutual Funds

0.00%

Promoters

90.01%

Retail

5.85%

Others

4.14%

FII

0.00%

Mutual Funds

0.00%

Resistance and Support

₹22.87

PIVOT

resistance-arrow
Resistance
First Resistance₹23.977
Second Resistance₹25.093
Third Resistance₹26.197
support-arrow
Support
First Resistance₹21.757
Second Resistance₹20.653
Third Resistance₹19.537
RSI37.979
MACD-0.362
ADX12.964
CCI-143.804

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day930,544930,544100.00
Week1,231,8711,014,384100.00
1 Month963,796971,344100.00
6 Months000.00

About Dhatre Udyog Ltd

Narayani Steels Limited is an integrated manufacturer of diverse range of iron & steel products with its manufacturing facilities located at Vizianagaram, Andhra Pradesh. The Company was incorporated on 13th November, 1996 in India under the Companies Act, 1956. The Company is principally engaged in the business of manufacture and sale of TMT (Thermo-Mechanical Treatment) bars, Rounds, Squares, Angles, etc. and trading of Billets, Blooms, Ingots, Iron ores, etc. Narayani TMT is India's leading ISO certified Company in the metal sector with core business of steel & coal trading of hot rolled steel products including BIS Standard - ISI marked Narayani TMT re-bar of FE 500 grade quality at par with major steel producers in the country. The Company provides logistic, infrastructure and supply chain management services. A huge steel stock yard of 1,00,000 sq. feet with all infrastructure is being maintained to ensure regular supply. The products include TMT Rebars, Mild Steel Rounds, Mild Steel Square, Mild Steel Flat Bars, and Mild Steel Angles. The TMT involves rapid quenching of hot bars at specific temperature with controlled pressure and travel ratio through water jacket after finishing stand as per the diameter of the bar from 8mm-32mm. The product mixing procedure of the Company includes the most advanced and latest technology thereby producing high-strength TMT bars. Modern methods like quenching and tempering have contributed to the production of these high strength re-bars. The bars produced with the technology involved have a better toughness factor and ductility. It strives to make the bar not compromising on strength and durability and give infrastructure a longer life. The usage of such quality bars is essential to meet the requirement of high yield strength without compromising on the elongation properties. The bars have a great bond strength thereby ensuring an excellent bonding between the concrete and bar. The bar is highly economical as it led to the saving of upto 17% in cost over other rebars in the market. The other features include, bendability, weldability and sesimic resistance which provides obvious advantages in their respective areas. The TMT Bar comes in the grades and sections like Fe 500 and Fe 500D. These reinforcements bars are manufactured under the certification mark of BIS as per the globally recognized IS: 1786 standard. It gives an advantage in comparison to MS or CTD (Cold Twisted Deformed) bars. The carbon level is controlled much lower to BIS specifications, which allows excellent ductility, high bendability and superior weldability. The production facilities of the Company have incorporated the latest machinery and technology. The rolling mill consists of a coal-fired-re heating furnace with a capacity of 40 M.T. per hour. The furnace is equipped with PLC based combustion system to ensure uniform heating of the billets. The mill is equipped with a rake type cooling bed to handle bars efficiently coming out at high speed of 20 meters per second. The unique bar handling feature is capable of lifting and packing the bar automatically, resulting in uniform number of bars per bundle. Quality is the hallmark of Narayani TMT in line with the Company's Quality Policy of sustaining and enhancing the level of customer satisfaction by producing quality products at optimum price vis-a-vis prompt delivery. The quality of company's product is characterized by utmost strength uniformity in the section weight with perfect shape and enhanced bonding and superior bend ability. The Quality Assurance Process ensures quality checks are done at each stage of production process,starting from raw materials procurement to dispatch of finished products. The finished products of the company are subjected to stringent quality checks such as chemical analysis, mechanical testing, surface inspections, dimension and metallographic investigation. The Quality Assurance Department is equipped with ultra modern facilities viz., spectrometer, Universal Testing Machine (UTM), Microscopic Laboratory etc. Each Narayani TMT Rebar is thoroughly tested and then dispatched to give 100% satisfaction to all end users.

Managing Director

Sunil Choudhary

Founded

1995

NSE Symbol

Dhatre Udyog Ltd Management

NameDesignation
Sunil ChoudharyChairman & Managing Director
Krishnamacharyulu EunnyIndependent Director
Ankit GuptaDirector & CFO
Prakash Kumar ThakurIndependent Director
Rabi Kumar GuptaIndependent Director
Amit Ranjan SinhaExecutive Director
Ankita DuttaCompany Sec. & Compli. Officer
Sumit Kumar AgarwalManaging Director
RAVI KUMARAdditional Executive Director

Dhatre Udyog Ltd News

Dhatre Udyog announces board meeting date
On 8 February 2024
Dhatre Udyog consolidated net profit rises 191.94% in the December 2023 quarter
Sales rise 28.05% to Rs 54.33 crore
Dhatre Udyog to table results
On 15 January 2024
Dhatre Udyog consolidated net profit rises 60.00% in the September 2023 quarter
Sales rise 165.48% to Rs 38.92 crore
Dhatre Udyog to convene board meeting
On 14 November 2023
Dhatre Udyog to hold AGM
On 29 September 2023
Dhatre Udyog consolidated net profit rises 53.08% in the June 2023 quarter
Sales rise 691.18% to Rs 40.35 crore
Dhatre Udyog announces board meeting date
On 14 August 2023
Narayani Steels consolidated net profit declines 96.26% in the March 2023 quarter
Sales rise 898.00% to Rs 44.91 crore
Narayani Steels schedules board meeting
On 30 May 2023

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Dhatre Udyog Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Dhatre Udyog Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Dhatre Udyog Ltd's share price is ₹21.50 as of May 9, 2024

Dhatre Udyog Ltd's P/E ratio is 23.57 times as of May 9, 2024.

Dhatre Udyog Ltd's most recent financial reports indicate a price-to-book ratio of 3.79, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Dhatre Udyog Ltd's market is 247 Cr as on May 9, 2024.

The current financial records of Dhatre Udyog Ltd show a 12.45% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Dhatre Udyog Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Dhatre Udyog Ltd's 52-week high and low as of May 9, 2024 are ₹22.63 and ₹21.5 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Dhatre Udyog Ltd stands at 79.04%. During the same period, Institutional Investors have shown a slight values are equal in their holdings, values are equal from 0.00% to 0.00%.