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 Promoters 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/UnAnnealed 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 Companys 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. The Companys Product Portfolio offers a diversified product range which includes variety of grades, thickness, widths and standards of all types of ferrous and Non ferrous Metals according to customer specifications.
How has Rajnandini Metal Ltd [RAJMET] shares performed in the past ?
The past 1-year return of Rajnandini Metal Ltd [RAJMET] share was 22.77. The Rajnandini Metal Ltd [RAJMET] share hit a 1-year low of Rs. 8.5 and a 1-year high of Rs. 21.35.
What is the market cap of Rajnandini Metal Ltd [RAJMET] ?
The market cap of Rajnandini Metal Ltd is Rs. 305.51 Cr. as of 5/23/2024 12:00:00 AM.
What is the current P/E ratio of Rajnandini Metal Ltd [RAJMET] share price ?
The PE ratios of Rajnandini Metal Ltd is 20.09 as of 5/23/2024 12:00:00 AM.
What is the current PB ratio of Rajnandini Metal Ltd [RAJMET] share price ?
The PB ratios of Rajnandini Metal Ltd is 5.38 as of 5/23/2024 12:00:00 AM
How can I buy Rajnandini Metal Ltd shares?
You can easily buy Rajnandini Metal Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.