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Realtime updates for Rajratan Global Wire [RAJRATAN.NS]

Exchange: NSE Sector: Basic Materials Industry: Steel
Last Updated9 May 2024 @ 02:23

-1.12% INR 594.05

Live Chart Being Loaded With Signals

Commentary (9 May 2024 @ 02:23):

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...

Stats
Today's Volume 9 976.00
Average Volume 60 451.00
Market Cap 30.16B
EPS INR3.99 ( 2024-04-22 )
Next earnings date ( INR0 ) 2024-07-18
Last Dividend INR2.00 ( 2023-07-27 )
Next Dividend INR0 ( N/A )
P/E 41.95
ATR14 INR0.759 (0.13%)

Volume Correlation

Long: -0.27 (neutral)
Short: 0.00 (neutral)
Signal:(52.141) Neutral

Rajratan Global Wire Correlation

10 Most Positive Correlations
10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Rajratan Global Wire Correlation - Currency/Commodity

The country flag -0.30
( neutral )
The country flag -0.01
( neutral )
The country flag -0.15
( neutral )
The country flag 0.34
( neutral )
The country flag 0.31
( neutral )
The country flag 0.19
( neutral )

Rajratan Global Wire Financials

Annual 2023
Revenue: INR8.90B
Gross Profit: INR3.09B (34.71 %)
EPS: INR14.15
FY 2023
Revenue: INR8.90B
Gross Profit: INR3.09B (34.71 %)
EPS: INR14.15
FY 2022
Revenue: INR8.95B
Gross Profit: INR3.45B (38.48 %)
EPS: INR19.71
FY 2022
Revenue: INR8.93B
Gross Profit: INR3.37B (37.73 %)
EPS: INR24.49

Financial Reports:

No articles found.

Rajratan Global Wire Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR2.00
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)

Rajratan Global Wire Dividend Information - Dividend Junior

Dividend Sustainability Score: 10.00 - good (100.00%) | Divividend Growth Potential Score: 2.65 - Decrease likely (46.92%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend INR1.600 2021-07-12
Last Dividend INR2.00 2023-07-27
Next Dividend INR0 N/A
Payout Date 0000-00-00
Next Payout Date N/A
# dividends 3 --
Total Paid Out INR5.60 --
Avg. Dividend % Per Year 0.12% --
Score 2.5 --
Div. Sustainability Score 10.00
Div.Growth Potential Score 2.65
Div. Directional Score 6.39 --
Next Divdend (Est)
(2024-06-10)
INR2.00 Estimate 3.06 %
Dividend Stability
0.24 Very Poor
Dividend Score
2.50
Pay Frequency
Annually
Yearly Payout
Year Amount Yield
2021 INR1.600 0.36%
2022 INR2.00 0.10%
2023 INR2.00 0.22%
2024 INR0 0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

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Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
SSWL.NS Dividend Junior 2023-08-14 Annually 20 0.30%
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HGINFRA.NS Dividend Junior 2023-08-14 Sporadic 7 0.13%
BLISSGVS.NS Dividend Junior 2023-07-12 Annually 15 0.46%
RECLTD.NS Dividend King 2023-08-14 Quarterly 17 6.82%
KOVAI.NS Dividend Junior 2023-08-10 Annually 4 0.17%
EXIDEIND.NS Dividend Junior 2023-08-01 Annually 22 0.76%
AMIORG.NS Dividend Junior 2023-09-18 Annually 3 0.15%
TASTYBITE.NS Dividend Junior 2023-07-14 Annually 8 0.01%
NGIL.NS No Dividend Player 2023-09-21 Annually 4 0.08%

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.08071.5008.3910.00[0 - 0.5]
returnOnAssetsTTM0.08691.2007.108.52[0 - 0.3]
returnOnEquityTTM0.1571.5009.3710.00[0.1 - 1]
payoutRatioTTM0-1.00000[0 - 1]
currentRatioTTM1.2350.8008.837.06[1 - 3]
quickRatioTTM0.7920.800-0.0459-0.0367[0.8 - 2.5]
cashRatioTTM0.01451.500-1.031-1.546[0.2 - 2]
debtRatioTTM0.231-1.5006.15-9.23[0 - 0.6]
interestCoverageTTM5.731.0008.998.99[3 - 30]
operatingCashFlowPerShareTTM5.192.008.2710.00[0 - 30]
freeCashFlowPerShareTTM5.192.007.4010.00[0 - 20]
debtEquityRatioTTM0.387-1.5008.45-10.00[0 - 2.5]
grossProfitMarginTTM0.3471.0007.557.55[0.2 - 0.8]
operatingProfitMarginTTM0.1261.0009.489.48[0.1 - 0.6]
cashFlowToDebtRatioTTM0.1381.000-0.344-0.344[0.2 - 2]
assetTurnoverTTM1.0780.8006.154.92[0.5 - 2]
Total Score10.13

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM42.271.0005.830[1 - 100]
returnOnEquityTTM0.1572.509.6010.00[0.1 - 1.5]
freeCashFlowPerShareTTM5.192.008.2710.00[0 - 30]
dividendYielPercentageTTM0.3341.5001.6460[0 - 0.4]
operatingCashFlowPerShareTTM5.192.008.2710.00[0 - 30]
payoutRatioTTM01.50000[0 - 1]
pegRatioTTM-2.171.500-10.000[0.5 - 2]
operatingCashFlowSalesRatioTTM0.02961.000-1.7600[0.1 - 0.5]
Total Score2.65

Rajratan Global Wire

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.

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