52w high/low | ₹183.9 / ₹19.8 |
P/E ratio | 166 |
Dividend | 0 |
ROE | 3.11 |
ROCE | 12.02 |
Face value | 1 |
Book value | ₹1.96Cr |
Market capital | ₹275.37Cr |
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Rajnandini Metal Limited was incorporated as a private limited company namely 'Rajnandini Metal Private Limited' on March 18, 2010. Further, the Company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of the Company at the Extra Ordinary General Meeting held on March 01, 2018 and consequently the name of the Company was changed from 'Rajnandini Metal Private Limited' to 'Rajnandini Metal Limited' on March 14, 2018. The Promoter's experience of over 15 years in the sphere of trading of Scrap of ferrous and non ferrous metal, Copper wires, Copper ingot, Copper rod, Aluminum, Brass, zinc ingot and various other metals, the company understands current market trends and demand that has enabled them to cater various industries such as manufacturing units, automobile & engineering industry. The Company is in business of trading of scrap of all types of ferrous and Non ferrous Metals such as Copper Wires, ingot scrap, and other related items used in various electrical and industrial applications. The Company works as a crucial business interface, networking between manufacturers / processors / yards and consumers / traders across the country. The Company operates as an important intermediary in the Metals Supply Chain whereby it purchases materials such as Annealed/Un-Annealed Copper Wires, Copper Wires, Brass Scrap, Aluminium ingot, Zinc ingot etc. from various suppliers and supply the same to customers in the Metal Business. The Company's business model is based on B2B model wherein the Company sells the scrap to the business enterprises who further transform the scrap in to finished product as per their requirements.