RAJRATAN.NS
Price:
$414.25
Market Cap:
$21.03B
Rajratan Global Wire Limited manufactures and sells tire bead wires in India and Thailand. The company also offers high carbon steel wires that are used in mechanical springs, high performance springs, beddings and seating, wire ropes and cables, conveyor belts, automotive cables, steel fibers, and cut wire shots for shot blasting and pinning applications. Its tire bead wires are used in various kinds of automobile tires, tires of earth moving equipment, and aircraft. Rajratan Global Wire Limited was incorporated in 1988 and is headquartered in Indore, India.
Industry
Steel
IPO Date
2020-05-22
Stock Exchange
NSE
Ticker
RAJRATAN.NS
According to Rajratan Global Wire Limited’s latest financial reports and current stock price. The company's current ROE is 11.04%. This represents a change of 298.89% compared to the average of 2.77% of the last 4 quarters.
The mean historical ROE of Rajratan Global Wire Limited over the last ten years is 20.90%. The current 11.04% ROE has changed -47.21% with respect to the historical average. Over the past ten years (40 quarters), RAJRATAN.NS's ROE was at its highest in in the December 2021 quarter at 12.26%. The ROE was at its lowest in in the September 2015 quarter at 0%.
Average
20.90%
Median
20.92%
Minimum
10.52%
Maximum
36.46%
Discovering the peaks and valleys of Rajratan Global Wire Limited ROE, 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 = 593.67%
Maximum Annual ROE = 36.46%
Minimum Annual Increase = -37.89%
Minimum Annual ROE = 10.52%
Year | ROE | Change |
---|---|---|
2025 | 10.52% | -27.86% |
2024 | 14.58% | -36.01% |
2023 | 22.79% | -37.51% |
2022 | 36.46% | 55.48% |
2021 | 23.45% | 23.10% |
2020 | 19.05% | 1.58% |
2019 | 18.76% | 25.98% |
2018 | 14.89% | -37.89% |
2017 | 23.97% | -2.44% |
2016 | 24.57% | 593.67% |
The current ROE of Rajratan Global Wire Limited (RAJRATAN.NS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
15.96%
5-year avg
21.56%
10-year avg
20.90%
Rajratan Global Wire Limited’s ROE is less than Neogen Chemicals Limited (7.28%), less than Fine Organic Industries Limited (22.30%), less than APL Apollo Tubes Limited (17.73%), less than Prince Pipes and Fittings Limited (4.82%), less than Sona BLW Precision Forgings Limited (17.79%),
Company | ROE | Market cap |
---|---|---|
7.28% | $40.97B | |
22.30% | $128.42B | |
17.73% | $444.04B | |
4.82% | $27.94B | |
17.79% | $281.82B |
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