Ratnaveer Precision Engineering Faces Mixed Technical Trends Amid Market Evaluation Revision
2025-04-02 08:10:25Ratnaveer Precision Engineering, a microcap player in the Steel/Sponge Iron/Pig Iron industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 139.40, showing a slight increase from the previous close of 135.85. Over the past year, Ratnaveer has demonstrated a return of 12.15%, significantly outperforming the Sensex, which recorded a return of 2.72% in the same period. In terms of technical indicators, the weekly MACD remains bearish, while the monthly indicators show no clear signal. The Bollinger Bands indicate a mildly bearish trend on a weekly basis, while the daily moving averages also reflect bearish sentiment. Notably, the stock's performance over various time frames reveals a mixed picture, with a year-to-date return of -25.77%, contrasting sharply with the Sensex's decline of only 2.71%. The recent evaluation adjustment highli...
Read MoreRatnaveer Precision Engineering Adjusts Valuation Amid Competitive Steel Industry Landscape
2025-03-10 08:01:03Ratnaveer Precision Engineering, a microcap player in the Steel/Sponge Iron/Pig Iron industry, has recently undergone a valuation adjustment. The company's current price stands at 149.25, reflecting a notable increase from the previous close of 145.80. Over the past year, Ratnaveer has shown a return of 16.65%, outperforming the Sensex, which recorded a modest gain of 0.29%. Key financial metrics for Ratnaveer include a PE ratio of 18.98 and an EV to EBITDA ratio of 11.23, indicating its market positioning within the sector. The company also boasts a return on capital employed (ROCE) of 15.74% and a return on equity (ROE) of 11.95%, suggesting a solid operational performance. In comparison to its peers, Ratnaveer’s valuation metrics present a mixed picture. For instance, Beekay Steel Industries holds a more attractive PE ratio of 8.18, while Gandhi Special Tube is positioned at a higher valuation level. T...
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Ratnaveer Precision Engineering Reports Strong Q3 Growth Amid Debt Concerns and Sideways Trend
2025-02-03 18:43:32Ratnaveer Precision Engineering, a microcap in the Steel/Sponge Iron/Pig Iron sector, has recently adjusted its evaluation based on strong financial performance, including a 36.82% annual growth in operating profit. The company reported its highest net sales of Rs 254.56 crore for the third quarter, while institutional investor interest has increased.
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Ratnaveer Precision Engineering Reports Strong Sales Growth Amid Rising Interest Costs
2025-01-28 19:17:41Ratnaveer Precision Engineering has reported its financial results for the quarter ending December 2024, showing significant year-on-year growth in Profit After Tax and achieving its highest quarterly net sales in five quarters. However, the company also experienced a notable increase in interest expenses, indicating potential challenges ahead.
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Ratnaveer Precision Engineering Reports Strong Q3 FY24-25 Sales Amid Debt Challenges
2025-01-28 18:58:15Ratnaveer Precision Engineering, a microcap in the Steel/Sponge Iron/Pig Iron sector, has recently adjusted its evaluation amid positive third-quarter financial results, including net sales of Rs 254.56 crore. However, challenges persist with debt servicing and constrained long-term growth, despite increased institutional investor participation.
Read MoreCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
07-Apr-2025 | Source : BSEConfirmation Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018 for the quarter and financial year ended on 31st March 2025.
Closure of Trading Window
25-Mar-2025 | Source : BSEIntimation for closure of trading window as per SEBI(Prohibition of Insider Trading) Regulations 2015 for the quarter and financial year ending on 31st March 2025.
Announcement under Regulation 30 (LODR)-Newspaper Publication
21-Mar-2025 | Source : BSEIntimation of News paper Publication confirming of Dispach of Postal Ballot Notice
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