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Rajnandini Metal Limited
Share Price Target & Analysis

NSE:RAJMET

9.12

VWAP

9.15

Open

9.12

Close

9.3

High

9

Low

21.35

52 Week High

9.08 ⇩
-0.04 (-0.44%)

RAJMET

(Miscellaneous)
2.2% Momentum

Watch Carefully

8.8

52 Week Low

0.06

EPS

41.95

PE

4.43

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: RAJMET Share Price Financial Analysis & Valuation

Rajnandini Metal Limited (RAJMET) is broadly categorized in Miscellaneous segment industry which deals in Trading vertical. It is one of Micro Cap company with Market Capitalization of Rs 353 (in Cr). Total number of free float shares are 0 (in Lacs). Rajnandini Metal Limited is listed on NSE with Exchange ID - INE00KV01022 and trading code is NSE:RAJMET with short name Rajnandini Meta.

In the past 1 year, Rajnandini Metal Limited has declared an equity dividend of Rs 0 per share. At the current share price of RAJMET at Rs 9.08, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:RAJMET, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine RAJMET underlying value and future prospects. All of this data is available in RAJMET financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:RAJMET, it is clearly understood that RAJMET is Economical performer in terms of earnings and profit margins with an EPS of 0.06. NSE:RAJMET book value per share as of today is 2.05. The current price to book ratio for RAJMET as of Nov 23, 2024 is 4.43.

Valuation of the Stock: The current valuation of RAJMET stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of RAJMET whether to BUY this stock at current valuation. The delivery percentage of RAJMET is 65.32% is very crucial parameter which shows that 65.32% investors are anticipating that the price of RAJMET share should go up with VWAP at 9.12.

Now, the main question is whether to BUY or SELL, NSE:RAJMET at current valuation.
As per latest Analysis No. #10330:-

⇑ STRONG BUY RAJMET if All Greens

⇗ BUY RAJMET (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD RAJMET (With Stop Loss) if only 1 Green

⇘ SELL RAJMET if NO Green Indicator

NSE: RAJMET Share Price Today (Nov 23, 2024)

(Rajnandini Metal Limited Daily Analysis on the basis of RAJMET Intraday Graph & Trend)

Rajnandini Metal Limited share price moved Down by -0.44% from its previous close of Rs 9.12. RAJMET stock last traded price is 9.08. RAJMET share price trend is Down with a total of 650014 stocks traded till now. It has touched an intraday high of Rs 9.3 and an intraday low of Rs 9. The RAJMET trading at 9.08, Down by Rs. -0.04, or -0.44 percent which suggests that most of the Traders are anticipating that the price of RAJMET share should go Down.

NSE: RAJMET Share Price Tomorrow Prediction

(Rajnandini Metal Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of RAJMET)

Rajnandini Metal Limited share price moved Down by -0.44%. RAJMET share price short term trend is Down. It suggests that RAJMET Share Price for Tomorrow remains the same with VWAP at 9.12 will be treated as stop loss for intraday traders. Rajnandini Metal Limited Long term investors can follow the RAJMET long term trend as mentiond in future forecast table.

NSE Code

NSE: RAJMET

RAJMET Share Price Today

 9.08

RAJMET Share Price Target Prediction for 2024 ^

 9.2 - 16

RAJMET Share Price Target Prediction for 2025*^

 16 - 16.6

RAJMET Share Price Target Prediction for 2026*^

 16.6 - 17.4

RAJMET Share Price Target Prediction for 2027*^

 18

RAJMET Share Price Target Prediction for 2028*^

 18

RAJMET Share Price Target Prediction for 2030*^

 20
RAJMET Current Book Value 2023
2

*Rajnandini Metal Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^RAJMET share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

RAJMET Technical Analysis

Candlestick Pattern: @9.59

RAJMET Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 9.73 SELL 9.7 SELL
MA_12 9.91 SELL 9.84 SELL
MA_20 9.81 SELL 9.91 SELL
MA_32 9.97 SELL 10.14 SELL
MA_50 10.4 SELL 10.41 SELL
MA_100 11.51 SELL 10.87 SELL
MA_200 11.76 SELL 11.49 SELL

RAJMET Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 9.81 Downtrend
MACD 0.01 Strong SELL
ADX 25.26 Strong Trend
DMI (+/-) 13.56 / 26.35 Downtrend

RAJMET Momentum Oscillators

BUY (3) NEUTRAL (5) SELL (4)
Momentum Oscillators Value Action
RSI 39.59 Neutral
STOCHASTIC_K (Fast) 27.04 Neutral
STOCHASTIC_D (Slow) 15.89 Oversold
CCI -101.51 SELL
PSAR 9.26 BUY
TRUE RANGE 0.33 BUY
ATR 0.37 BUY
WILLIAMS R -73.95 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 49.46 Neutral
STOCHASTIC RSI D 17.71 Oversold
MOMENTUM -0.21 SELL

RAJMET Last 1 Year Trend

Duration Value
1 Year 4.24%
3 Months -22.91%
1 Month -2.14%
1 Week -5.42%

RAJMET Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 13%
NEUTRAL / HOLD 17%
SELL 70%

Most popular Questions & Answers about RAJMET


Rajnandini Metal Limited stock last traded price is 9.08. RAJMET share price moved Down by -0.44% from its previous close of Rs 9.12.

Rajnandini Metal Limited share price trend is Down with a total of 650014 stocks traded till now. It has touched an intraday high of Rs 21.5635 and an intraday low of Rs 9. The RAJMET trading at 9.08, Down by Rs. -0.04, or -0.44 percent which suggests that most of the Traders are anticipating that the price of RAJMET share should go Down and the Stop Loss will be around 9.12.

The market cap of Rajnandini Metal Limited is ₹353 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Rajnandini Metal Limited as of Nov 22, 2024 is 41.95.

The current price to book ratio for Rajnandini Metal Limited as of Nov 22, 2024 is 4.43.

The highest price of Rajnandini Metal Limited stock is ₹21.35 in the last 52-week.

The lowest price of Rajnandini Metal Limited stock is ₹8.8 in the last 52-week.

Rajnandini Metal Limited share trading at ₹9.08, Down by Rs. -0.04, or -0.44 percent which suggests that most of the traders are anticipating that the price of RAJMET share should go Down.

In 2023, Stock price target for Rajnandini Metal Limited (RAJMET) are ₹9.2 on downside and ₹16 on upside. Rajnandini Metal Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Rajnandini Metal Limited (RAJMET) are ₹16 on downside and ₹16.6 on upside. Rajnandini Metal Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Rajnandini Metal Limited (RAJMET) are ₹16.6 on downside and ₹17.4 on upside. Rajnandini Metal Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Rajnandini Metal Limited (RAJMET) will be around ₹18 Rajnandini Metal Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of RAJMET.

The price of Rajnandini Metal Limited (RAJMET) shares moved by -0.44%. The short-term trend for RAJMET share price is Down. It implies that the share price of RAJMET will stay the same tomorrow and that intraday traders should treat VWAP at 9.12 as a stop loss. Investors with a long-term outlook can track RAJMET long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of RAJMET stock is 0.7. Compared to the current market price of 9.08 INR, the RAJMET stock is Overvalued by 92.3%.

As per the fundamental analysis of Rajnandini Metal Limited (RAJMET), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.06. Rajnandini Metal Limited book value per share as of today is 2.05. The current price to book ratio for RAJMET as of Nov 23, 2024 is 4.43.


NSE:RAJMET News & Other Useful Information about RAJMET Share Price


Peer Comparison of NSE: RAJMET

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Trading

Company Price EPS BV
ADANIENT 2229.90 23.61 144.18
YAARI 15.17 0 -3.95
NRL 103.73 1.74 12.48
MMTC 74.40 0.83 9.03
PRECISION 48.80 0 37.81
SWANENERGY 586.80 0.16 145.74
PTC 164.29 12.45 140.13
SHAILY 1096.75 8.93 94.07
IMPAL 1097.20 61.79 1654.32
ANDREWYU 31.35 0.07 3.82
Updated at: 22 Nov 2024 15:56

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