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Remsons Industries Ltd Performance

Today's Low
912.10
arrowIcon
Today's High
931.75
52 Wk Low
226.25
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52 Wk High
1,100.00


Open

931.7

Traded Value (Cr)

1.30

Prev. Close

928.2

Face Value

10

Volume

13980

Remsons Industries Ltd Fundamentals

Market Cap
₹ 625.48 Cr
P/E Ratio (TTM)
56.84
P/B Ratio
6.66
Debt to Equity
2.13
ROE
20.34
EPS (TTM)
16.41
Dividend Yield
0.14 %
Book Value
140.09

Click here to know more about Fundamentals

Remsons Industries Ltd Financials

Remsons Industries Ltd Financials

Remsons Industries Ltd Shareholding Pattern

Held By Mar 2024 Feb 2024 Jan 2024 Dec 2023
Promoters 65.30 % 65.30 % 63.90 % 75.00 %
Retail 25.21 % 23.52 % 24.47 % 13.98 %
Others 6.56 % 8.94 % 9.30 % 11.02 %
FII 2.93 % 2.24 % 2.33 % 0.00 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

65.30%

Retail

25.21%

Others

6.56%

FII

2.93%

Mutual Funds

0.00%

Promoters

65.30%

Retail

23.52%

Others

8.94%

FII

2.24%

Mutual Funds

0.00%

Promoters

63.90%

Retail

24.47%

Others

9.30%

FII

2.33%

Mutual Funds

0.00%

Promoters

75.00%

Retail

13.98%

Others

11.02%

FII

0.00%

Mutual Funds

0.00%

Resistance and Support

₹924.02

PIVOT

resistance-arrow
Resistance
First Resistance₹935.933
Second Resistance₹943.667
Third Resistance₹955.583
support-arrow
Support
First Support₹916.283
Second Support₹904.367
Third Support₹896.633

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day17,5123,20919.16
Week16,7502,785-18.78
1 Month16,7504,689-18.78
6 Months1,182,753998,22188.65

About Remsons Industries Ltd

Remsons Industries Limited (RIL) was incorporated in May '71, earlier known as Remsons Cables, and went public in 1986. It was promoted by Vishwa Prakash Harlalka and his family. The Company is engaged in the manufacture of Auto Control Cables and Gear Shift Mechanisms with Push Pull Cables. It is one of the major suppliers to the Automobile Manufacturers like Tata Motors, Hero Honda, Maruti Suzuki, Mahindra & Mahindra, Piaggio, General Motors India, TVS Suzuki etc. RIL manufactures control cables for the automobile and general engineering industries and for two-wheelers. It also makes brake liners and brake shoes, Gear Shifters for automobiles. Manufacturing operations are carried out in Bombay, Daman, Pune and Gurgaon. It has developed its own in-house technology. It introduced friction-free control cables in India. The company's products are exported to US, Europe, the UK, Holland, Egypt, New Zealand and Srilanka. The promoters came out with an open offer for the sale of equity shares at a premium of Rs 40 in May '95 for re-deploying the proceeds to meet the cost of modernisation and expansion. RIL started a new unit at Pardi, Gujarat. Company has initiated measures for ISO 9002 Certification. In 1997-98, it increased the installed capacity of its auto control cables and auto brake shoes to 2,65,00,000 nos and 40,00,000 nos respectively. The company has designed and developed control cables for electric cars and is a supplier to Bangalore based Reva Electric Car Company Private Limited. In 2000-01 the company appointed Mr John Glover as its 'Technical Consultant. During 2001-02 the Components division has launched Gas Guard,a Gas leak detector,which is being accepted well in the market. During 2005-06, three companies namely Daman Auto Industries Limited, Rems Auto Engineers Limited and Remsons Auto Industries Private Limited were amalgamated with the Company w.e.f. April 1, 2005. The Company allotted 10,32,857 equity shares on 4 December, 2006 pursuant to the Scheme of Amalgamation. The New Equity Shares allotted upon the Scheme of Amalgamation got listed with The Bombay Stock Exchange Limited (BSE) and The National Stock Exchange of India Limited (NSE) from November 2007. The Company shifted its two Mumbai Units to Daman in order to consolidate its operations and avail economies of scale by centralizing more units under one roof in 2008. It started a Joint Venture with M/s Orscheln Products LL.C., USA and a Company in the name and style of Orscheln Remsons Technologies Private Limited' was incorporated on January 1, 2008. In 2010-11, a new Unit at Plot No 647/1A (Golden House) started operations from November 2010, modernization & expansion of another Unit at Plot No A2/3 & A2/4 (Diamond House) was also completed and resulting to this, the Unit became operational. The Company opened marketing and technical support office in USA and Europe in 2018-19. Magal Cables Ltd. UK, part of Arlington Group and the Company's first Global Production Unit was acquired in October, 2020. The Company incorporated one more Wholly Owned Subsidiary namely 'Remsons UK Ltd.' on 10 November, 2020. However, the Company transferred and disposed of their entire holding in Remsons UK Ltd., UK on 9 March, 2021; consequently, the said Remsons UK Ltd. ceased to be the wholly owned subsidiary. In 2022, it opened new state-of-the-art facility at Chakan, Pune.

Managing Director

1971

Founded

K Kejriwal

NSE Symbol

REMSONSIND

Remsons Industries Ltd Management

NameDesignation
K KejriwalChairman & Managing Director
C KejriwalWhole-time Director
Rahul KejriwalWhole-time Director
Anil Kumar AggarwalNon Executive Director
Paresh Navnitlal BhagatIndependent Non Exe. Director
Visalakshi SridharIndependent Non Exe. Director
Shishir DalalIndependent Non Exe. Director
Suresh RaoIndependent Non Exe. Director

Events

Dividend Announcement for Remsons Industries Ltd - May 26, 2023

On May 26, 2023, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 15.0%. This dividend percentage reflec...

Read More

Remsons Industries Ltd News

Remsons Industries to table results
On 28 May 2024
Remsons-Uni Autonics wins order worth Rs 30 cr
Remsons Inds bags winches supply order from Tata Motors
Remsons Industries said that it has received multiple orders from Tata Motors for supply of winches used for spare wheels.
Remsons Industries to convene EGM
On 29 March 2024
Remsons Inds hits the roof on forming JV with Daiichi
Remsons Industries was locked in an upper circuit of 5% at Rs 942.45 after the firm announced the establishment of a 50:50 joint venture (JV) with Daiichi to redefine the landscape of automotive electronics.
Remsons Industries to convene board meeting
On 27 February 2024
Remsons Industries consolidated net profit rises 66.34% in the December 2023 quarter
Sales rise 8.77% to Rs 82.22 crore
Remsons Industries schedules board meeting
On 9 February 2024
Remsons Industries to hold EGM
On 20 December 2023
Remsons Industries announces board meeting date
On 22 November 2023

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Remsons Industries Ltd FAQ

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

The share price of any stock is volatile and changes during the day due to a variety of variables. Remsons Industries Ltd's share price is ₹928.20 as of May 24, 2024 at 04:14 PM

Remsons Industries Ltd's P/E ratio is 56.84 times as of May 24, 2024 at 04:14 PM.

Remsons Industries Ltd's most recent financial reports indicate a price-to-book ratio of 6.66, 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. Remsons Industries Ltd's market is 625 Cr as on May 24, 2024 at 04:14 PM.

The current financial records of Remsons Industries Ltd show a 20.34% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Remsons Industries 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.

The 52-week high/low price of a Remsons Industries 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. Remsons Industries Ltd's 52-week high and low as of May 24, 2024 at 04:14 PM are ₹1100 and ₹1100 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Remsons Industries Ltd stands at 65.30%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 2.24% to 2.93%.