Ratnaveer Precision Engineering Ltd.

₹169.45

Ratnaveer Precision Engineering Ltd.

  • NSE : RATNAVEER

₹169.45

₹169.45

10.1 (6.34%) - 30 May 2025 04:21 PM
  • NSE : RATNAVEER

About Company

Ratnaveer Precision Engineering Limited is a stainless steel (SS) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes. Stainless steel is a value-added product with high corrosion resistant properties. Higher levels of chromium and additions of other alloy elements enhance the corrosion resistance. Compared to traditional steel, stainless-steel has higher resistance to corrosion, superior aesthetic finish and higher life span. These features have helped in increasing the popularity of stainless-steel across the world. Globally, cold rolled flat products are the largest produced stainless-steel product in the world, followed by hot rolled coils, and steel wire rods & bars. The company operates out of four manufacturing units, out of which two (Unit-I and Unit-II) are located at GIDC, Savli, Vadodara, Gujarat, one (Unit-III) is located at Waghodia, Vadodara, Gujarat and the other one (Unit-IV) is located at GIDC, Vatva, Ahmedabad, Gujarat. Its manufacturing units are strategically located with availability of transportation, which facilitates convenient transportation of its products.

Market Cap. ₹ 899 Cr.
52 Week - High/Low ₹ 225/107
P/E Ratio 19.48
P/B Ratio 3.57
Enterprise Value ₹ 927 Cr.
ROE % 17.36
RSI Value 70.55
EMA 50 146.59
EMA 200 158.57

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Industry - Steel & Iron Products

* Please refer to the Standalone data if Consolidated financial data for the company is not available.

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