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Rajnandini Metal Limited
Share Price Target & Analysis

NSE:RAJMET

11.30

VWAP

0

Open

11.1

Close

11.30

High

11.30

Low

21.35

52 Week High

11.30 ⇧
0.20 (1.80%)

RAJMET

(Miscellaneous)
24.2% Momentum

Turnaround Potential

8.10

52 Week Low

0.66

EPS

34.86

PE

10.56

PB

Standard
Quality

Bronze
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 11.30, 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 Standard performer in terms of earnings and profit margins with an EPS of 0.66. NSE:RAJMET book value per share as of today is 1.07. The current price to book ratio for RAJMET as of May 04, 2024 is 10.56.

Valuation of the Stock: The current valuation of RAJMET stock is like Bronze which means currently the stock is Reasonably Priced. 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 47.82% is very crucial parameter which shows that 47.82% investors are anticipating that the price of RAJMET share should go up with VWAP at 11.30.

Now, the main question is whether to BUY or SELL, NSE:RAJMET at current valuation.
As per latest Analysis No. #9827:-

⇑ 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 (May 04, 2024)

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

Rajnandini Metal Limited share price moved Up by 1.80% from its previous close of Rs 11.1. RAJMET stock last traded price is 11.30. RAJMET share price trend is Up with a total of 653861 stocks traded till now. It has touched an intraday high of Rs 11.30 and an intraday low of Rs 11.30. The RAJMET trading at 11.30, Up by Rs. 0.20, or 1.80 percent which suggests that most of the Traders are anticipating that the price of RAJMET share should go Up.

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 Up by 1.80%. RAJMET share price short term trend is Up. It suggests that RAJMET Share Price for Tomorrow remains the same with VWAP at 11.30 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

 11.30

RAJMET Share Price Target Prediction for 2024 ^

 8.5 - 15.7

RAJMET Share Price Target Prediction for 2025*^

 15.7 - 16.3

RAJMET Share Price Target Prediction for 2026*^

 16.3 - 17.1

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
1.1

*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: @11.1

RAJMET Moving Averages

BUY (3) NEUTRAL (0) SELL (11)
MA Simple Action S1 Expo Action E2
MA_5 10.91 BUY 11.01 BUY
MA_12 11.41 SELL 11.26 SELL
MA_20 11.54 SELL 11.42 SELL
MA_32 11.51 SELL 11.74 SELL
MA_50 12.08 SELL 11.99 SELL
MA_100 13.2 SELL 12.12 SELL
MA_200 11.09 BUY 12.45 SELL

RAJMET Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 11.54 Downtrend
MACD -0.04 SELL
ADX 19.4 NO or Weak Trend
DMI (+/-) 26.96 / 39.36 Downtrend

RAJMET Momentum Oscillators

BUY (2) NEUTRAL (6) SELL (4)
Momentum Oscillators Value Action
RSI 42.7 Neutral
STOCHASTIC_K (Fast) 91.26 Overbought
STOCHASTIC_D (Slow) 53.41 Neutral
CCI -48.79 Neutral
PSAR 12.32 SELL
TRUE RANGE 0.2 SELL
ATR 0.35 Neutral
WILLIAMS R -82.5 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 70.36 Neutral
MOMENTUM -0.1 SELL

RAJMET Last 1 Year Trend

Duration Value
1 Year -14.62%
3 Months -29.97%
1 Month -0.89%
1 Week 0.91%

RAJMET Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 17%
NEUTRAL / HOLD 23%
SELL 60%

Most popular Questions & Answers about RAJMET


Rajnandini Metal Limited stock last traded price is 11.30. RAJMET share price moved Up by 1.80% from its previous close of Rs 11.1.

Rajnandini Metal Limited share price trend is Up with a total of 653861 stocks traded till now. It has touched an intraday high of Rs 21.5635 and an intraday low of Rs 11.30. The RAJMET trading at 11.30, Up by Rs. 0.20, or 1.80 percent which suggests that most of the Traders are anticipating that the price of RAJMET share should go Up and the Stop Loss will be around 11.30.

The market cap of Rajnandini Metal Limited is ₹353 (in Cr) as of May 03, 2024.

The current price to earning ratio for Rajnandini Metal Limited as of May 03, 2024 is 34.86.

The current price to book ratio for Rajnandini Metal Limited as of May 03, 2024 is 10.56.

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 ₹8.10 in the last 52-week.

Rajnandini Metal Limited share trading at ₹11.30, Up by Rs. 0.20, or 1.80 percent which suggests that most of the traders are anticipating that the price of RAJMET share should go Up.

In 2023, Stock price target for Rajnandini Metal Limited (RAJMET) are ₹8.5 on downside and ₹15.7 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 ₹15.7 on downside and ₹16.3 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 ₹16.3 on downside and ₹17.1 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.

As per the fundamental analysis of Rajnandini Metal Limited (RAJMET), it is of Standard quality in terms of earnings and profit margins with an EPS of 0.66. Rajnandini Metal Limited book value per share as of today is 1.07. The current price to book ratio for RAJMET as of May 04, 2024 is 10.56.


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 2993.25 22 46.01
YAARI 11.80 0 -0.48
MMTC 74.00 0.33 8.43
PRECISION 50.30 0 29.43
SWANENERGY 593.65 0.14 41.03
PTC 234.00 14.91 139.6
SHAILY 618.35 7.3 86.26
IMPAL 998.50 63.46 1092.9
ANDREWYU 31.35 0.07 3.82
UNIENTER 154.60 5.71 410.18
Updated at: 03 May 2024 15:15

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