RATNAVEER.NS
Price:
$158.35001
Market Cap:
$8.40B
Ratnaveer Precision Engineering Limited engages in the manufacture, export, and supply of stainless-steel products for commercial and residential sector in India and internationally. It produces finished sheets, washers, solar roofing hooks, and pipes and tubes. The company's products are used in various industries, including automotive, solar power, wind energy, power plants, oil and gas, pharmaceuticals, sanitary and plumbing, instrumentation, electro mechanics, architecture, building and construction, electrical appliances, transportation, kitchen appliances, chimney liners, etc. The company was formerly known as Ratnaveer Metals Limited and changed its name to Ratnaveer Precision Enginee...[Read more]
Industry
Steel
IPO Date
2023-09-11
Stock Exchange
NSE
Ticker
RATNAVEER.NS
According to Ratnaveer Precision Engineering Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.56. This represents a change of 96.06% compared to the average of 0.80 of the last 4 quarters.
The mean historical Current Ratio of Ratnaveer Precision Engineering Limited over the last ten years is 1.42. The current 1.56 Current Ratio has changed 10.90% with respect to the historical average. Over the past ten years (40 quarters), RATNAVEER.NS's Current Ratio was at its highest in in the September 2023 quarter at 2.10. The Current Ratio was at its lowest in in the June 2022 quarter at 0.
Average
1.42
Median
1.33
Minimum
1.24
Maximum
1.75
Discovering the peaks and valleys of Ratnaveer Precision Engineering Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 30.89%
Maximum Annual Current Ratio = 1.75
Minimum Annual Increase = -7.31%
Minimum Annual Current Ratio = 1.24
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.62 | -7.31% |
| 2024 | 1.75 | 30.89% |
| 2023 | 1.34 | 7.52% |
| 2022 | 1.24 | 0.66% |
| 2021 | 1.24 | -6.23% |
The current Current Ratio of Ratnaveer Precision Engineering Limited (RATNAVEER.NS) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.57
5-year avg
1.44
10-year avg
1.42
Ratnaveer Precision Engineering Limited’s Current Ratio is greater than Kamdhenu Limited (0), greater than Kamdhenu Limited (0), less than Beekay Steel Industries Limited (1.77), greater than VISA Steel Limited (0), greater than BMW Industries Ltd. (0), less than Sat Industries Limited (4.81), less than Transpek Industry Limited (2.94), greater than Indo Borax & Chemicals Limited (0), greater than Indo Borax & Chemicals Limited (0), greater than KSE Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $7.16B | |
| 0 | $7.22B | |
| 1.77 | $7.83B | |
| 0 | $6.08B | |
| 0 | $8.52B | |
| 4.81 | $9.17B | |
| 2.94 | $7.21B | |
| 0 | $7.98B | |
| 0 | $7.93B | |
| 0 | $7.34B |
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