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RAIN
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Recent events
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News
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Corporate Actions
Nuvei Launches Comprehensive Blockchain Payment Solution
Dec 4 (Reuters) -
NUVEI LAUNCHES COMPREHENSIVE BLOCKCHAIN PAYMENT SOLUTION
Source text: ID:nPnbVSvT3a
(([email protected];))
Dec 4 (Reuters) -
NUVEI LAUNCHES COMPREHENSIVE BLOCKCHAIN PAYMENT SOLUTION
Source text: ID:nPnbVSvT3a
(([email protected];))
India's Rain Industries jumps on battery anode material deal with Northern Graphite
** Shares of Rain Industries RAID.NS rise 7% to 117 rupees
** Carbon and other advanced materials maker said its unit and flake graphite producer Northern Graphite NGC.V entered an agreement to jointly develop, commercialize advanced battery anode material
** Battery anode material is used in lithium-Ion batteries for electric vehicles
** Stock up ~14% YTD
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
** Shares of Rain Industries RAID.NS rise 7% to 117 rupees
** Carbon and other advanced materials maker said its unit and flake graphite producer Northern Graphite NGC.V entered an agreement to jointly develop, commercialize advanced battery anode material
** Battery anode material is used in lithium-Ion batteries for electric vehicles
** Stock up ~14% YTD
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
Rain Industries Says Unit And Northern Graphite Enter Into Agreement
Oct 9 (Reuters) - Rain Industries Ltd RAID.NS:
UNIT AND NORTHERN GRAPHITE ENTER INTO AGREEMENT
AGREEMENT TO JOINTLY DEVELOP NATURAL GRAPHITE BATTERY ANODE MATERIAL
Source text for Eikon: ID:nNSEbglFfr
Further company coverage: RAID.NS
(([email protected];;))
Oct 9 (Reuters) - Rain Industries Ltd RAID.NS:
UNIT AND NORTHERN GRAPHITE ENTER INTO AGREEMENT
AGREEMENT TO JOINTLY DEVELOP NATURAL GRAPHITE BATTERY ANODE MATERIAL
Source text for Eikon: ID:nNSEbglFfr
Further company coverage: RAID.NS
(([email protected];;))
India's Rain Industries falls most in more than a year after Q3 loss
** Shares of Rain Industries RAID.NS fall as much as 10.3% to 185.05 rupees, their biggest intraday pct loss since Sept. 2022
** Carbon and other advanced materials maker reported a Y/Y consolidated net loss of 11.2 bln rupees ($135.2 mln) for the Dec-qtr vs profit of 895.2 mln rupees a year ago
** Revenue from operations fell ~25% to 41.01 bln rupees
** More than 12 mln shares change hands by 10:08 a.m. IST, matching its 30-day avg - LSEG data
** Stock on track for a second consecutive session of losses, if trend holds
($1 = 82.8450 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Rain Industries RAID.NS fall as much as 10.3% to 185.05 rupees, their biggest intraday pct loss since Sept. 2022
** Carbon and other advanced materials maker reported a Y/Y consolidated net loss of 11.2 bln rupees ($135.2 mln) for the Dec-qtr vs profit of 895.2 mln rupees a year ago
** Revenue from operations fell ~25% to 41.01 bln rupees
** More than 12 mln shares change hands by 10:08 a.m. IST, matching its 30-day avg - LSEG data
** Stock on track for a second consecutive session of losses, if trend holds
($1 = 82.8450 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
DIARY- India economic, corporate events on Feb 23
BENGALURU, Feb 23 (Reuters) - Diary of India economic, corporate events on Feb. 23.
ECONOMIC, CORPORATE .BSE500 EVENTS:
RIC | Local Start Date | Local Time | Indicator Name | Period | Reuters Poll | Prior |
INLOAN=ECI | 23 Feb 2024 | 17:00 | Bank Loan Growth | 9 Feb, w/e | 20.3% | |
INDEP=ECI | 23 Feb 2024 | 17:00 | Deposit Growth | 9 Feb, w/e | 13.2% | |
INFXR=ECI | 23 Feb 2024 | 17:00 | FX Reserves, USD | 16 Feb, w/e | 617.23B |
Start Date | Start Time | RIC | Company Name | Event Name |
23-Feb-2024 | NTS | RAID.NS | Rain Industries Ltd | Q4 2023 Rain Industries Ltd Earnings Release |
23-Feb-2024 | NTS | SANO.NS | Sanofi India Ltd | Q4 2024 Sanofi India Ltd Earnings Release |
NTS - 'No time scheduled'
(Compiled by Bengaluru Newsroom)
BENGALURU, Feb 23 (Reuters) - Diary of India economic, corporate events on Feb. 23.
ECONOMIC, CORPORATE .BSE500 EVENTS:
RIC | Local Start Date | Local Time | Indicator Name | Period | Reuters Poll | Prior |
INLOAN=ECI | 23 Feb 2024 | 17:00 | Bank Loan Growth | 9 Feb, w/e | 20.3% | |
INDEP=ECI | 23 Feb 2024 | 17:00 | Deposit Growth | 9 Feb, w/e | 13.2% | |
INFXR=ECI | 23 Feb 2024 | 17:00 | FX Reserves, USD | 16 Feb, w/e | 617.23B |
Start Date | Start Time | RIC | Company Name | Event Name |
23-Feb-2024 | NTS | RAID.NS | Rain Industries Ltd | Q4 2023 Rain Industries Ltd Earnings Release |
23-Feb-2024 | NTS | SANO.NS | Sanofi India Ltd | Q4 2024 Sanofi India Ltd Earnings Release |
NTS - 'No time scheduled'
(Compiled by Bengaluru Newsroom)
India's Rain Industries jumps as apex court permits higher pet coke imports
** Shares of Rain Industries RAID.NS rise as much as 14.8% to 207.5 rupees, hitting their highest level since April 2022
** India's Supreme Court allowed Rain Carbon SEZ, a unit of the calcined petroleum coke producer (CPC), to import raw petroleum coke (RPC)
** Court also allowed the annual import of total 1.9 million metric tonne RPC for CPC manufacturers, up from 1.4 MMT earlier
** RAID sees busiest day ever, 33.5 million shares traded as of 11:10 a.m. IST
** Stock up ~35% YTD after falling ~10% in 2023
(Reporting by Nishit Navin in Bengaluru)
(([email protected];))
** Shares of Rain Industries RAID.NS rise as much as 14.8% to 207.5 rupees, hitting their highest level since April 2022
** India's Supreme Court allowed Rain Carbon SEZ, a unit of the calcined petroleum coke producer (CPC), to import raw petroleum coke (RPC)
** Court also allowed the annual import of total 1.9 million metric tonne RPC for CPC manufacturers, up from 1.4 MMT earlier
** RAID sees busiest day ever, 33.5 million shares traded as of 11:10 a.m. IST
** Stock up ~35% YTD after falling ~10% in 2023
(Reporting by Nishit Navin in Bengaluru)
(([email protected];))
Pabrai Investment Fund Ii Lp, Pabrai Investment Fund 3 Cut 2.03 % Stake In Rain Industries To 3.96% - Exchange Filing
Jan 8 (Reuters) - Rain Industries Ltd RAID.NS:
PABRAI INVESTMENT FUND II LP, PABRAI INVESTMENT FUND 3 CUT 2.03 % STAKE IN RAIN INDUSTRIES TO 3.96% - EXCHANGE FILING
Further company coverage: RAID.NS
(([email protected];))
Jan 8 (Reuters) - Rain Industries Ltd RAID.NS:
PABRAI INVESTMENT FUND II LP, PABRAI INVESTMENT FUND 3 CUT 2.03 % STAKE IN RAIN INDUSTRIES TO 3.96% - EXCHANGE FILING
Further company coverage: RAID.NS
(([email protected];))
India's Rain Industries falls most in nearly 6 mths on Q2 loss
** Shares of Rain Industries RAID.NS fall as much as 6.3% to 145 rupees, touching their lowest level since May 22
** Stock on track for a third consecutive session of losses, if trend holds
** Carbon and other advanced materials maker reported a Y/Y consolidated net loss of 901.7 mln rupees ($10.83 mln) for the Sept-qtr vs profit of 4.03 bln rupees
** Revenue from operations fell 25.4% to 41.60 bln rupees
** More than 2.6 mln shares change hands by 11:35 a.m. IST, 2.3x its 30-day avg - LSEG data
($1 = 83.2575 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Rain Industries RAID.NS fall as much as 6.3% to 145 rupees, touching their lowest level since May 22
** Stock on track for a third consecutive session of losses, if trend holds
** Carbon and other advanced materials maker reported a Y/Y consolidated net loss of 901.7 mln rupees ($10.83 mln) for the Sept-qtr vs profit of 4.03 bln rupees
** Revenue from operations fell 25.4% to 41.60 bln rupees
** More than 2.6 mln shares change hands by 11:35 a.m. IST, 2.3x its 30-day avg - LSEG data
($1 = 83.2575 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
India's Rain Industries down 5% on slide in Q4 earnings
** Shares of Rain Industries Ltd RAID.NS fall as much as 5.61%, steepest intraday pct fall in over four months, to 148 rupees
** Carbon and other advanced materials maker posts 62% Y/Y slide in Q4 consolidated net profit to 1.05 bln rupees
** Core profit falls nearly 33% to 5.34 bln rupees while core profit margin contracts to 10.1% in March quarter compared to 17.8% in the corresponding quarter, a year ago
** Trading volume is 7.85 mln shares as of 1:58 p.m. IST, more than seven times the 30-day avg - Refinitiv data
($1 = 81.7800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
** Shares of Rain Industries Ltd RAID.NS fall as much as 5.61%, steepest intraday pct fall in over four months, to 148 rupees
** Carbon and other advanced materials maker posts 62% Y/Y slide in Q4 consolidated net profit to 1.05 bln rupees
** Core profit falls nearly 33% to 5.34 bln rupees while core profit margin contracts to 10.1% in March quarter compared to 17.8% in the corresponding quarter, a year ago
** Trading volume is 7.85 mln shares as of 1:58 p.m. IST, more than seven times the 30-day avg - Refinitiv data
($1 = 81.7800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
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What does Rain Industries do?
Rain Industries Limited is a global manufacturer providing critical raw materials to various industries through its Carbon, Advanced Materials, and Cement business segments. It aims to develop eco-friendly advanced materials and offers high-quality cement for sustainable construction.
Who are the competitors of Rain Industries?
Rain Industries major competitors are Goa Carbon, PCBL Chemical, Himadri Speciality. Market Cap of Rain Industries is ₹4,896 Crs. While the median market cap of its peers are ₹15,927 Crs.
Is Rain Industries financially stable compared to its competitors?
Rain Industries seems to be less financially stable compared to its competitors. Altman Z score of Rain Industries is 1.74 and is ranked 4 out of its 4 competitors.
Does Rain Industries pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Rain Industries latest dividend payout ratio is 2.34% and 3yr average dividend payout ratio is 2.34%
How has Rain Industries allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Rain Industries balance sheet?
Rain Industries balance sheet is weak and might have solvency issues
Is the profitablity of Rain Industries improving?
The profit is oscillating. The profit of Rain Industries is -₹564.27 Crs for Dec 2024, -₹937.91 Crs for Dec 2023 and ₹1,439 Crs for Dec 2022
Is the debt of Rain Industries increasing or decreasing?
The debt of Rain Industries is decreasing. Latest debt of Rain Industries is ₹4,120 Crs as of Dec-24. This is less than Dec-23 when it was ₹4,162 Crs.
Is Rain Industries stock expensive?
Rain Industries is not expensive. Latest PE of Rain Industries is 0.0, while 3 year average PE is 6.36. Also latest EV/EBITDA of Rain Industries is 8.54 while 3yr average is 10.56.
Has the share price of Rain Industries grown faster than its competition?
Rain Industries has given lower returns compared to its competitors. Rain Industries has grown at ~13.07% over the last 10yrs while peers have grown at a median rate of 37.68%
Is the promoter bullish about Rain Industries?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 41.18% and last quarter promoter holding is 41.14%.
Are mutual funds buying/selling Rain Industries?
The mutual fund holding of Rain Industries is increasing. The current mutual fund holding in Rain Industries is 3.92% while previous quarter holding is 2.91%.