NIFTY 22200.55 BANK 47687.45

Rajratan Global Wire Limited
Share Price Target & Analysis

NSE:RAJRATAN

593.37

VWAP

598.95

Open

595.2

Close

600.00

High

588.00

Low

882.00

52 Week High

590.05 ⇩
-5.15 (-0.87%)

RAJRATAN

(AUTOMOBILE)
3.8% Momentum

Watch Carefully

578.50

52 Week Low

11.0

EPS

30.41

PE

8.51

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: RAJRATAN Share Price Financial Analysis & Valuation

Rajratan Global Wire Limited (RAJRATAN) is broadly categorized in AUTOMOBILE segment industry which deals in Auto Ancillaries vertical. It is one of Small Cap company with Market Capitalization of Rs 2530.4 (in Cr). Total number of free float shares are 0 (in Lacs). Rajratan Global Wire Limited is listed on NSE with Exchange ID - INE451D01029 and trading code is NSE:RAJRATAN with short name Rajratan Global.

In the past 1 year, Rajratan Global Wire Limited has declared an equity dividend of Rs 2 per share. At the current share price of RAJRATAN at Rs 590.05, this results in a dividend yield of 0.34 %.

As per the Fundamental Analysis of NSE:RAJRATAN, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine RAJRATAN underlying value and future prospects. All of this data is available in RAJRATAN financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:RAJRATAN, it is clearly understood that RAJRATAN is Economical performer in terms of earnings and profit margins with an EPS of 11.0. NSE:RAJRATAN book value per share as of today is 69.32. The current price to book ratio for RAJRATAN as of May 15, 2024 is 8.51.

Valuation of the Stock: The current valuation of RAJRATAN stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of RAJRATAN whether to BUY this stock at current valuation. The delivery percentage of RAJRATAN is 47.32% is very crucial parameter which shows that 47.32% investors are anticipating that the price of RAJRATAN share should go up with VWAP at 593.37.

Now, the main question is whether to BUY or SELL, NSE:RAJRATAN at current valuation.
As per latest Analysis No. #3262:-

⇑ STRONG BUY RAJRATAN if All Greens

⇗ BUY RAJRATAN (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD RAJRATAN (With Stop Loss) if only 1 Green

⇘ SELL RAJRATAN if NO Green Indicator

NSE: RAJRATAN Share Price Today (May 15, 2024)

(Rajratan Global Wire Limited Daily Analysis on the basis of RAJRATAN Intraday Graph & Trend)

Rajratan Global Wire Limited share price moved Down by -0.87% from its previous close of Rs 595.2. RAJRATAN stock last traded price is 590.05. RAJRATAN share price trend is Down with a total of 29251 stocks traded till now. It has touched an intraday high of Rs 600.00 and an intraday low of Rs 588.00. The RAJRATAN trading at 590.05, Down by Rs. -5.15, or -0.87 percent which suggests that most of the Traders are anticipating that the price of RAJRATAN share should go Down.

NSE: RAJRATAN Share Price Tomorrow Prediction

(Rajratan Global Wire Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of RAJRATAN)

Rajratan Global Wire Limited share price moved Down by -0.87%. RAJRATAN share price short term trend is Down. It suggests that RAJRATAN Share Price for Tomorrow remains the same with VWAP at 593.37 will be treated as stop loss for intraday traders. Rajratan Global Wire Limited Long term investors can follow the RAJRATAN long term trend as mentiond in future forecast table.

NSE Code

NSE: RAJRATAN

RAJRATAN Share Price Today

 590.05

RAJRATAN Share Price Target Prediction for 2024 ^

 606.5 - 774.9

RAJRATAN Share Price Target Prediction for 2025*^

 774.9 - 944.3

RAJRATAN Share Price Target Prediction for 2026*^

 944.3 - 1010.4

RAJRATAN Share Price Target Prediction for 2027*^

 1061

RAJRATAN Share Price Target Prediction for 2028*^

 1091

RAJRATAN Share Price Target Prediction for 2030*^

 1189
RAJRATAN Current Book Value 2023
69

*Rajratan Global Wire Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^RAJRATAN share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

RAJRATAN Technical Analysis

Candlestick Pattern: @590.05

RAJRATAN Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 594.03 SELL 595.26 SELL
MA_12 607.97 SELL 606.65 SELL
MA_20 624.63 SELL 613.05 SELL
MA_32 624.27 SELL 620.79 SELL
MA_50 621.81 SELL 629.24 SELL
MA_100 652.71 SELL 651.02 SELL
MA_200 708.38 SELL 699.62 SELL

RAJRATAN Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 624.63 Downtrend
MACD -3.91 SELL
ADX 16.19 NO or Weak Trend
DMI (+/-) 15.55 / 21.99 Downtrend

RAJRATAN Momentum Oscillators

BUY (0) NEUTRAL (9) SELL (3)
Momentum Oscillators Value Action
RSI 37.1 Neutral
STOCHASTIC_K (Fast) 31.28 Neutral
STOCHASTIC_D (Slow) 34.23 Neutral
CCI -83.03 Neutral
PSAR 631.11 SELL
TRUE RANGE 12 Neutral
ATR 19.5 Neutral
WILLIAMS R -91.58 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 32.34 Neutral
STOCHASTIC RSI D 51.65 Neutral
MOMENTUM -56.2 SELL

RAJRATAN Last 1 Year Trend

Duration Value
1 Year -25.5%
3 Months -6.59%
1 Month -8.7%
1 Week -1.79%

RAJRATAN Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 33%
SELL 67%

Most popular Questions & Answers about RAJRATAN


Rajratan Global Wire Limited stock last traded price is 590.05. RAJRATAN share price moved Down by -0.87% from its previous close of Rs 595.2.

Rajratan Global Wire Limited share price trend is Down with a total of 29251 stocks traded till now. It has touched an intraday high of Rs 890.82 and an intraday low of Rs 588.00. The RAJRATAN trading at 590.05, Down by Rs. -5.15, or -0.87 percent which suggests that most of the Traders are anticipating that the price of RAJRATAN share should go Down and the Stop Loss will be around 593.37.

The market cap of Rajratan Global Wire Limited is ₹2530.4 (in Cr) as of May 14, 2024.

The current price to earning ratio for Rajratan Global Wire Limited as of May 14, 2024 is 30.41.

The current price to book ratio for Rajratan Global Wire Limited as of May 14, 2024 is 8.51.

The highest price of Rajratan Global Wire Limited stock is ₹882.00 in the last 52-week.

The lowest price of Rajratan Global Wire Limited stock is ₹578.50 in the last 52-week.

Rajratan Global Wire Limited share trading at ₹590.05, Down by Rs. -5.15, or -0.87 percent which suggests that most of the traders are anticipating that the price of RAJRATAN share should go Down.

In 2023, Stock price target for Rajratan Global Wire Limited (RAJRATAN) are ₹606.5 on downside and ₹774.9 on upside. Rajratan Global Wire Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Rajratan Global Wire Limited (RAJRATAN) are ₹774.9 on downside and ₹944.3 on upside. Rajratan Global Wire Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Rajratan Global Wire Limited (RAJRATAN) are ₹944.3 on downside and ₹1010.4 on upside. Rajratan Global Wire Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Rajratan Global Wire Limited (RAJRATAN) will be around ₹1091 Rajratan Global Wire Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of RAJRATAN.

As per the fundamental analysis of Rajratan Global Wire Limited (RAJRATAN), it is of Economical quality in terms of earnings and profit margins with an EPS of 11.0. Rajratan Global Wire Limited book value per share as of today is 69.32. The current price to book ratio for RAJRATAN as of May 15, 2024 is 8.51.


NSE:RAJRATAN News & Other Useful Information about RAJRATAN Share Price


Peer Comparison of NSE: RAJRATAN

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Auto Ancillaries

Company Price EPS BV
MSUMI 68.65 1.32 3.01
TATAMTRDVR 637.30 155.4 67.3
BOSCHLTD 30930.00 788.31 3733.75
TIINDIA 3786.80 37.98 170.24
SHIGAN 114.00 0 30.04
EXIDEIND 463.00 12.39 154.56
AMARAJABAT 1123.15 44.23 289.53
SUNCLAYLTD 10498.10 167.42 518.62
JBMA 1832.25 5.14 88.36
SUPRAJIT 411.50 14.84 79.43
Updated at: 15 May 2024 15:49

Feel free to contact us, in case of any queries.

SITEMAP 5662
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3049.75 12.20 (0.4%) | ADANIGREEN 1835.00 46.20 (2.58%) | ADANIPORTS 1337.60 6.35 (0.48%) | ADANITRANS 1022.05 31.00 (3.13%) | AMBUJACEM 611.70 1.50 (0.25%) | APOLLOHOSP 5854.80 -8.00 (-0.14%) | ASIANPAINT 2813.00 -53.15 (-1.85%) | ATGL 916.60 7.65 (0.84%) | AUROPHARMA 1157.05 -11.55 (-0.99%) | AXISBANK 1128.00 5.15 (0.46%) | BAJAJ-AUTO 8903.15 -162.10 (-1.79%) | BAJAJFINSV 1570.75 -5.70 (-0.36%) | BAJFINANCE 6680.00 4.30 (0.06%) | BALKRISIND 2507.00 19.35 (0.78%) | BANDHANBNK 189.90 1.35 (0.72%) | BANKBARODA 263.90 3.05 (1.17%) | BEL 232.85 1.90 (0.82%) | BERGEPAINT 486.15 -8.40 (-1.7%) | BHARTIARTL 1309.90 25.60 (1.99%) | BIOCON 311.90 1.00 (0.32%) | BOSCHLTD 30930.00 -952.00 (-2.99%) | BPCL 625.05 19.10 (3.15%) | BRITANNIA 5064.00 -76.80 (-1.49%) | CADILAHC 992.50 10.35 (1.05%) | CIPLA 1405.50 48.15 (3.55%) | COALINDIA 467.50 18.80 (4.19%) | COLPAL 2673.00 -146.95 (-5.21%) | DABUR 546.60 -7.95 (-1.43%) | DIVISLAB 3892.55 -3.65 (-0.09%) | DLF 825.05 -14.00 (-1.67%) | DMART 4652.45 55.40 (1.21%) | DRREDDY 5882.00 13.20 (0.22%) | EICHERMOT 4649.35 -81.20 (-1.72%) | GAIL 200.40 0.35 (0.17%) | GLAND 1776.00 10.50 (0.59%) | GODREJCP 1295.00 -11.90 (-0.91%) | GRASIM 2369.70 -2.35 (-0.1%) | GUJGASLTD 542.50 -8.90 (-1.61%) | HAVELLS 1753.00 23.90 (1.38%) | HCLTECH 1335.00 13.95 (1.06%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3754.80 76.90 (2.09%) | HDFCBANK 1440.80 -20.15 (-1.38%) | HDFCLIFE 555.95 -5.60 (-1%) | HEROMOTOCO 5037.90 -5.55 (-0.11%) | HINDALCO 653.10 6.45 (1%) | HINDUNILVR 2327.80 -21.80 (-0.93%) | HINDZINC 559.40 -0.50 (-0.09%) | ICICIBANK 1125.10 4.55 (0.41%) | ICICIGI 1652.90 -30.90 (-1.84%) | ICICIPRULI 580.35 -16.85 (-2.82%) | INDIGO 4295.50 148.15 (3.57%) | INDUSINDBK 1418.00 -3.00 (-0.21%) | INDUSTOWER 341.50 2.00 (0.59%) | INFY 1419.95 -4.75 (-0.33%) | IOB 61.90 0.05 (0.08%) | IOC 161.80 2.45 (1.54%) | ITC 427.80 -1.90 (-0.44%) | JSWSTEEL 870.55 -10.95 (-1.24%) | KOTAKBANK 1650.80 4.50 (0.27%) | LT 3411.30 31.85 (0.94%) | LTI 4649.30 14.45 (0.31%) | LUPIN 1639.10 1.95 (0.12%) | M&M 2302.30 32.40 (1.43%) | MARICO 590.80 -9.45 (-1.57%) | MARUTI 12758.50 -55.70 (-0.43%) | MCDOWELL-N 1174.25 -1.35 (-0.11%) | MOTHERSUMI 127.55 2.50 (2%) | MUTHOOTFIN 1676.10 -1.20 (-0.07%) | NAUKRI 5941.60 -75.70 (-1.26%) | NESTLEIND 2465.00 -22.35 (-0.9%) | NMDC 267.75 2.70 (1.02%) | NTPC 361.35 5.55 (1.56%) | ONGC 273.00 0.10 (0.04%) | PEL 823.40 -6.85 (-0.83%) | PIDILITIND 2986.00 2.25 (0.08%) | PIIND 3645.95 -21.65 (-0.59%) | PNB 124.15 -1.60 (-1.27%) | POWERGRID 314.85 5.60 (1.81%) | RELIANCE 2831.70 -8.45 (-0.3%) | SAIL 166.40 1.75 (1.06%) | SBICARD 713.90 -4.50 (-0.63%) | SBILIFE 1428.80 -4.05 (-0.28%) | SBIN 820.30 2.10 (0.26%) | SHREECEM 25850.00 -174.90 (-0.67%) | SIEMENS 7119.30 458.85 (6.89%) | SRF 2290.00 3.25 (0.14%) | SUNPHARMA 1527.40 -17.85 (-1.16%) | TATACONSUM 1070.00 -15.45 (-1.42%) | TATAMOTORS 947.30 -17.35 (-1.8%) | TATAMTRDVR 637.30 -9.05 (-1.4%) | TATASTEEL 165.60 0.65 (0.39%) | TCS 3880.40 -20.80 (-0.53%) | TECHM 1276.90 1.40 (0.11%) | TITAN 3269.90 -19.00 (-0.58%) | TORNTPHARM 2652.35 21.70 (0.82%) | ULTRACEMCO 9614.10 -46.55 (-0.48%) | UPL 514.80 4.75 (0.93%) | VEDL 437.40 4.85 (1.12%) | WIPRO 458.30 1.95 (0.43%) |