Company Rajratan Global Wire Limited

Equities

RAJRATAN

INE451D01029

Iron & Steel

Market Closed - Bombay S.E. 06:00:49 2024-04-26 am EDT 5-day change 1st Jan Change
629 INR -0.62% Intraday chart for Rajratan Global Wire Limited -4.91% -19.16%

Business Summary

Rajratan Global Wire Limited is an India-based company, which is engaged in the business of manufacturing and sale of tire bead wire and high carbon steel wire. The Company's tire bead wire product has applications in earth moving equipment tires, automobile tires, aircraft tires, two-wheeler tires, truck tires and bus tires. The main function of bead wire is to hold the tire on the rim and to resist the action of the inflated pressure, which constantly tries to force it off. It also offers high carbon steel wire, a versatile material used in various industries including construction, engineering and automobile. Its high carbon steel wire has applications in wire rope and cable, high performance spring, mechanical springs, bedding and seating, outer and inner automotive cable, cut wire shot for shot blasting and pinning, steel fiber and aluminum clad steel. The Company's subsidiary is Rajratan Thai Wire Company Limited.

Number of employees: 632

Sales per Business

INR in Million2022Weight2023Weight Delta
Tyre Bead Wire
100.0 %
- - 8,950 100.0 % -
Other
0.0 %
13 0.2 % 4 0.0 % -70.15%

Sales per region

INR in Million2022Weight2023Weight Delta
India
66.6 %
5,113 57.3 % 5,963 66.6 % +16.62%
Thailand
33.4 %
-- 2,991 33.4 % -

Managers

Managers TitleAgeSince
Chief Executive Officer 60 88-09-08
Director of Finance/CFO 48 98-06-21
Compliance Officer - 14-03-31
Corporate Officer/Principal 28 -
Sales & Marketing 52 95-07-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 54 05-06-10
Chief Executive Officer 60 88-09-08
Director/Board Member 61 22-04-20
Director/Board Member 59 19-07-21
Director/Board Member 34 19-07-21
Director/Board Member - 22-07-21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 50,771,000 14,893,495 ( 29.33 %) 0 29.33 %

Shareholders

NameEquities%Valuation
Rajratan Investment Pvt Ltd.
18.44 %
9,361,125 18.44 % 65 M ₹
Chordia Sangita Family Trust
13.11 %
6,655,050 13.11 % 46 M ₹
6,233,795 12.28 % 43 M ₹
4,562,715 8.987 % 32 M ₹
SBI Funds Management Ltd.
7.590 %
3,853,760 7.590 % 27 M ₹
2,209,165 4.351 % 15 M ₹
2,100,000 4.136 % 15 M ₹
1,467,497 2.890 % 10 M ₹
1,260,665 2.483 % 9 M ₹
Srimathi D
1.185 %
601,800 1.185 % 4 M ₹

Holdings

NameEquities%Valuation
4,562,715 8.99% 31,787,614 $

Company contact information

Rajratan Global Wire Ltd.

Rajratan House 11/2, Meera Path

452003, Indore

+91 73 1254 6401

http://www.rajratan.co.in
address Rajratan Global Wire Limited(RAJRATAN)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
629 INR
Average target price
799.5 INR
Spread / Average Target
+27.12%
Consensus

Quarterly revenue - Rate of surprise

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