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Rasi Electrodes Ltd Fundamentals

Market Cap
₹ 90.75 Cr
P/E Ratio (TTM)
31.34
P/B Ratio
2.94
Debt to Equity
0.23
ROE
10.78
EPS (TTM)
0.93
Dividend Yield
0.00 %
Book Value
9.92

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Rasi Electrodes Ltd Financials

Rasi Electrodes Ltd Financials

Rasi Electrodes Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Retail 57.22 % 56.64 % 56.58 % 58.52 %
Promoters 27.96 % 27.96 % 27.96 % 27.96 %
Others 14.82 % 15.40 % 15.46 % 13.52 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %
FII 0.00 % 0.00 % 0.00 % 0.00 %

Retail

57.22%

Promoters

27.96%

Others

14.82%

Mutual Funds

0.00%

FII

0.00%

Retail

56.64%

Promoters

27.96%

Others

15.40%

Mutual Funds

0.00%

FII

0.00%

Retail

56.58%

Promoters

27.96%

Others

15.46%

Mutual Funds

0.00%

FII

0.00%

Retail

58.52%

Promoters

27.96%

Others

13.52%

Mutual Funds

0.00%

FII

0.00%

Resistance and Support

₹29.22

PIVOT

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Resistance
First Resistance₹29.433
Second Resistance₹29.717
Third Resistance₹29.933
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Support
First Support₹28.933
Second Support₹28.717
Third Support₹28.433

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day81,10561,69176.06
Week81,10594,6610.00
1 Month81,10576,2410.00
6 Months12,237,0889,478,57083.41

About Rasi Electrodes Ltd

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.

Managing Director

1994

Founded

B Popatlal Kothari

NSE Symbol

NA

Rasi Electrodes Ltd Management

NameDesignation
B Popatlal KothariManaging Director
B Ranjit Kumar KothariChairman (Non-Executive)
Ajay GoyalIndependent Director
Payal JainNon Executive Director
Jagruti J JainCompany Sec. & Compli. Officer
N Prakash Kumar Director
Aashika KumariIndependent Director
Hitesh M DharamshiIndependent Director
Suresh Kumar MehtaIndependent Director
Kavita PatelIndependent Director

Rasi Electrodes Ltd News

Rasi Electrodes to convene board meeting
On 29 March 2024
Rasi Electrodes standalone net profit declines 25.25% in the December 2023 quarter
Sales rise 0.39% to Rs 20.75 crore
Rasi Electrodes postpones board meeting
To 13 February 2024
Rasi Electrodes to hold board meeting
On 12 February 2024
Rasi Electrodes standalone net profit rises 1.09% in the September 2023 quarter
Sales decline 2.71% to Rs 21.55 crore
Rasi Electrodes to hold board meeting
On 14 November 2023
Rasi Electrodes schedules AGM
On 29 September 2023
Rasi Electrodes standalone net profit declines 16.42% in the June 2023 quarter
Sales decline 13.88% to Rs 18.80 crore
Rasi Electrodes to convene board meeting
On 14 August 2023
Rasi Electrodes standalone net profit rises 65.85% in the March 2023 quarter
Sales rise 9.58% to Rs 22.87 crore

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Rasi Electrodes Ltd FAQ

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

Rasi Electrodes Ltd's P/E ratio is 31.34 times as of May 18, 2024 at 04:00 PM.

Rasi Electrodes Ltd's most recent financial reports indicate a price-to-book ratio of 2.94, 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. Rasi Electrodes Ltd's market is 91 Cr as on May 18, 2024 at 04:00 PM.

The current financial records of Rasi Electrodes Ltd show a 10.78% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Rasi Electrodes Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Rasi Electrodes Ltd stands at 27.96%. 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%.