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- Auto & Auto Ancillary
- RASANDIK
RASANDIK
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Share Price
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Financials
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Peers
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Forensics
- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
- MAX
This data is currently unavailable for this company.
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Summary
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Revenue Mix
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Revenue Mix
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Recent events
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News
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Corporate Actions
Rasandik Engineering Industries India Says Entered Into Agreement With Roop Polymers For Selling Its Idle Assets
Sept 4 (Reuters) - Rasandik Engineering Industries India Ltd REIL.BO:
ENTERED INTO AGREEMENT WITH ROOP POLYMERS FOR SELLING ITS IDLE ASSETS
TOTAL SALE CONSIDERATION AT 290 MILLION RUPEES
Source text for Eikon: ID:nBSEvSxGQ
Further company coverage: REIL.BO
(([email protected];;))
Sept 4 (Reuters) - Rasandik Engineering Industries India Ltd REIL.BO:
ENTERED INTO AGREEMENT WITH ROOP POLYMERS FOR SELLING ITS IDLE ASSETS
TOTAL SALE CONSIDERATION AT 290 MILLION RUPEES
Source text for Eikon: ID:nBSEvSxGQ
Further company coverage: REIL.BO
(([email protected];;))
Events:
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Popular questions
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Business
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Shareholdings
What does Rasandik Engg. do?
Rasandik Engineering Industries India Ltd is a dynamic company in India manufacturing auto sheet metal components such as Tailor Welded Blanks, Tools & Dies, and Body Parts.
Who are the competitors of Rasandik Engg.?
Rasandik Engg. major competitors are Jagan Lamps, GS Auto Intl., ASL Industries, Auto Pins, Premium Plast, SM Auto Stamping, Porwal AutoComponent. Market Cap of Rasandik Engg. is ₹53 Crs. While the median market cap of its peers are ₹55 Crs.
Is Rasandik Engg. financially stable compared to its competitors?
Rasandik Engg. seems to be less financially stable compared to its competitors. Altman Z score of Rasandik Engg. is 0.71 and is ranked 6 out of its 8 competitors.
Does Rasandik Engg. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Rasandik Engg. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Rasandik Engg. allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Rasandik Engg. balance sheet?
Rasandik Engg. balance sheet is weak and might have solvency issues
Is the profitablity of Rasandik Engg. improving?
Yes, profit is increasing. The profit of Rasandik Engg. is ₹8.25 Crs for TTM, ₹7.13 Crs for Mar 2024 and -₹3.3 Crs for Mar 2023.
Is the debt of Rasandik Engg. increasing or decreasing?
The debt of Rasandik Engg. is decreasing. Latest debt of Rasandik Engg. is ₹26.68 Crs as of Sep-24. This is less than Mar-24 when it was ₹39.83 Crs.
Is Rasandik Engg. stock expensive?
Rasandik Engg. is not expensive. Latest PE of Rasandik Engg. is 6.47, while 3 year average PE is 11.79. Also latest EV/EBITDA of Rasandik Engg. is 0.0 while 3yr average is 9.79.
Has the share price of Rasandik Engg. grown faster than its competition?
Rasandik Engg. has given lower returns compared to its competitors. Rasandik Engg. has grown at ~4.47% over the last 4yrs while peers have grown at a median rate of 27.0%
Is the promoter bullish about Rasandik Engg.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Rasandik Engg. is 53.1% and last quarter promoter holding is 53.1%.
Are mutual funds buying/selling Rasandik Engg.?
The mutual fund holding of Rasandik Engg. is stable. The current mutual fund holding in Rasandik Engg. is 0.05% while previous quarter holding is 0.05%.