RAJNANDANI METALS(2024) PRICE is currently trading at Rs 15.8. If we talk about its manufacturing then it can be made from many different products including steel, iron, alloy, casting or winding copper wire, submarshable copper wire, copper rods, house wire, copper bush, chemicals or petroleum products, Is connected to and has a stake in it by Given the multiple segments .The future growth of Rajnandani Metal Company looks quite challenging. The company may focus on manufacturing electrical equipment and electrical home appliances for its future growth .Building wiring products may MCB,MCB BOX ,SWITCH GEAR,MAIN SWITCH ,LED LIGHTINGS and smart city projects the company is trying very hard to prepare for the future.
Most recommended visit : HDFC BANK SHARE PRICE FIIS ENTRY 2024
Most recommended visit : Hindustan Aeronautics Ltd(2024)
| RAJNANDANI METALS | CLICK4INVESTING.COM |
|---|---|
| MARKET CAP | ₹ 438 Cr |
| HIGH/LOW | ₹ 21.4/8.10 |
| STOCK P/E | 24.0 |
| ROE | 38.5% |
| ROCE | 29.2% |
| BOOK VALUE | ₹ 1.90 |
| DIVEDEND YIELD | 0.42% |
| FACE VALUE | ₹ 1.00 |
ONE YEAR CHART PATTERN
IMAGE SOURCE CREDIT : TRADING VIEW
Most recommended visit : Radhika jewel share price(2024)
PROS AND CONS:RAJNANDANI METALS SHARE
| PROS | CONS |
|---|---|
| * The company has posted profitable quarters continuously for the last 5 years. | * 8.31 trading from its book value |
| * The company has been giving very healthy returns for the last few years. | * stock price CAGR -8% in one year |
Rajnandani Metal’s multiple investments make it a successful future growth company and also pays dividends. first of all we will try to know in which sector or in which direction it works and then we will understand from which direction we can invest in it .Since Rajnandni metal is manufacturing a copper and steel segment, as we know that GOVERNMENT’s STAND-UP-INDIA is going to greatly benefit the metal sector or its manufacturing or it has become the key manufacturing point in the metal sector. It is believed that the future growth of the company is going to be quite big. Rajnandni Metals Company has doubled its investors’ money in the last 3 years, hence the BSE segments trade with high volumes.
COMPANY MANUFACTURING UNITS: The company’s manufacturing units are located in 2 acres of land in Bawal ,Haryana and produce approximately 30,000 tones of copper rod , copper winding or copper wiring wire annually. And along with this, it manufactures the wires used in electric vehicles.
Most recommended visit : IFCI SHARE PRICE TARGET 2024
PEER COMPITETORS
- COAL INDIA with ₹ 23,9976.64 Cr MARKETCAP
- VEDANTA with ₹ 97985.56Cr MARKET CAP
- NMDC with ₹ 63638.11Cr MARKET CAP
- LIOYDS METALS with ₹ 30115.64 Cr MARKET CAP
- GMDC with ₹ 14556.45 Cr MARKET CAP
- SANDUR MANGANESE with ₹ 8644.43 Cr MARKET CAP
- RAJNANDINI METAL with ₹ 436 Cr MARKET CAP
RAJNANDANI METALS(2024) PRICE 2024 TO 2032
| YEAR | MINIMUM PRICE TARGET | MAXIMUM PRICE TARGET | AVERAGE PRICE TARGET |
|---|---|---|---|
| 2024 | ₹9.06 | ₹22.00 | ₹18.00 |
| 2025 | ₹17.00 | ₹37.00 | ₹26.00 |
| 2026 | ₹22.00 | ₹43.00 | ₹38.00 |
| 2027 | ₹39.00 | ₹57.00 | ₹52.00 |
| 2028 | ₹48.00 | ₹69.00 | ₹65.00 |
| 2029 | ₹61.00 | ₹77.00 | ₹75.00 |
| 2030 | ₹74.00 | ₹88.00 | ₹80.00 |
| 2031 | ₹86.00 | ₹99.00 | ₹88.00 |
| 2032 | ₹93.00 | ₹106.00 | ₹101.00 |
CONCLUSION :
Rajnandani metal is currently trading below ₹ 16, has a market cap of only ₹ 436 Cr, yet its fundamentals are quite strong, it has seen consistent growth for the last 5 years. If we talk about its ROE or ROCE, 38.5% and 29.2% which is quite good for stock. Along with stock It pays dividends to its investors. All these things will make the stock a multi-begar in the future growth.
FAQ :
- Who is the owner of RAJNANDANI METALS share!
- Managing director ,owner or promoter is Mr.Het Ram Sharma
- What does RAJNANDANI METALS do !
- manufacturing steel, iron, alloy, casting or winding copper wire, submarshable copper wire, copper rods, house wire, copper bush, chemicals or petroleum products,
- Does RAJNANDANI METALS pay dividend to its investors?
- yes! The company pays continuous dividends to its investors.
- Is RAJNANDANI METALS registered in National Stock Exchange (NSE)?
- yes ! Rajnandani Metal registered in both INDIAN EXCHANGE (NSE/BSE)
7 thoughts on “RAJNANDANI METALS(2024) PRICE”