Rhetan TMT Share Price

BSE
RHETAN •
BUY

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
29.74% Fall from 52W High
-24.7
Dividend yield 1yr %
0

Rhetan TMT shareholding Pattern

Promoter
62.1%
Public
37.9%
Promoter
62.1%
Foreign Institutions
0.2%
Public
37.7%
Promoter
62.1%
Public
37.9%
Promoter
62.1%
Foreign Institutions
0.4%
Public
37.5%
Promoter
62.1%
Foreign Institutions
0.5%
Public
37.3%

Rhetan TMT Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
11
Bearish Moving Averages
5
5Day EMA
16.90
10Day EMA
16.30
12Day EMA
16.20
20Day EMA
16.10
26Day EMA
16.40
50Day EMA
17.50
100Day EMA
18.10
200Day EMA
17.00
5Day SMA
16.90
10Day SMA
16.20
20Day SMA
15.10
30Day SMA
16.00
50Day SMA
18.40
100Day SMA
19.70
150Day SMA
18.40
200Day SMA
17.20
Delivery & Volume

Delivery & Volume

PeriodCombined Delivery VolumeNSE+BSE Traded Volume
Day Rs
314497 Rs
314497 Rs
Week Rs
384860 Rs
384860 Rs
Month Rs
408547 Rs
408547 Rs
Resistance & Support
17.43
Pivot
Resistance
First Resistance
17.71
Second Resistance
18.13
Third Resistance
18.41
Support
First Support
17.01
Second support
16.73
Third Support
16.31
Relative Strength Index
57.57
Money Flow Index
84.37
MACD
-0.23
MACD Signal
-0.81
Average True Range
0.82
Average Directional Index
30.96
Rate of Change (21)
15.34
Rate of Change (125)
1.71

Rhetan TMT Company background

Founded in: 1984
Managing director: Shalin A Shah
Rhetan TMT Limited was incorporated as Shivani Rolling Mills Private Limited on June 26, 1984 with the Registrar of Companies, Gujarat . Further, the Company name was changed from Shivani Rolling Mills Private Limited to Shree Ghantakarna Rolling Mills Private Limited on January 03, 1997 by the Registrar of Companies. Further, the name was changed from Shree Ghantakarna Rolling Mills Private Limited to Rhetan Rolling Mills Private Limited on September 12, 2018 and from Rhetan Rolling Mills Private Limited to Rhetan TMT Private Limited vide fresh Certificate of Incorporation on January 07, 2022 by the RoC, Ahmedabad. The status of the Company was changed to a Limited Company as Rhetan TMT Limited vide certified on January 19, 2022 by the Registrar of Companies, Ahmedabad.Promoted by Mr. Shalin Shah, the Company operates a Steel Rolling Mill with an aggregate installed capacity of 30,000 MTPA. It is an IS 1786: 2008 certified company and manufactures TMT Bars used in construction industry. Its products have been used in construction of dams, bridges, residential and commercial towers and major infrastructure projects in Gujarat. The plant is functional in Mehsana district of Gujarat. In 1986, the Company commenced production of TMT bars at Manufacturing facility at Kadi, Dist. of Mehsana in Gujarat.In 2001, the Plant was closed down due to financial constrain as well as unfavorable market conditions.In 2017, Company applied to the UGVCL/ Industries Commissioner to reconsider it for eligibility under the Scheme.Later in 2018, Company availed lowtension (LT) load of 13.33 KVA from Uttar Gujarat Vij Company Ltd (UGVCL) for carrying out modernization and overhauling of existing Plant and Machinery and for installation of new machinery at the factory site. It again availed hightension (HT) load of 1500 KVA from Uttar Gujarat Vij Company Ltd (UGVCL) for Manufacturing.In 2019, Company started the commercial production of TMT bars, making it functional.The Company made an IPO of 80,00,000 Equity Shares of Rs 10 each by raising funds aggregating to Rs 56 Cr in August, 2022.
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