Rishi Laser Ltd

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RISHILASE •
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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 %
301.31% Gain from 52W Low
65.4
TTM PE Ratio
Low in industry
17.1
Price to Book Ratio
Low in industry
2.8
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is less than 1
0.2
RSI
RSI is mid-range
60.4
MFI
MFI Overbought
74.5

Rishi Laser Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Rishi Laser Ltd shareholding Pattern

Promoter
15.8%
Public
84.2%
Promoter
15.8%
Public
84.2%
Promoter
15.8%
Public
84.2%
Promoter
15.8%
Public
84.2%
Promoter
15.8%
Public
84.2%
Promoter
15.8%
Public
84.2%

Rishi Laser Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
14
Bearish Moving Averages
2
5Day EMA
162.00
10Day EMA
161.20
12Day EMA
160.40
20Day EMA
156.00
26Day EMA
152.00
50Day EMA
137.80
100Day EMA
119.80
200Day EMA
99.50
5Day SMA
160.80
10Day SMA
162.50
20Day SMA
157.70
30Day SMA
151.80
50Day SMA
131.80
100Day SMA
110.50
150Day SMA
104.60
200Day SMA
95.50
Delivery & Volume
Resistance & Support
163.50
Pivot
Resistance
First Resistance
166.40
Second Resistance
170.75
Third Resistance
173.65
Support
First Support
159.15
Second support
156.25
Third Support
151.90
Relative Strength Index
60.39
Money Flow Index
74.47
MACD
8.44
MACD Signal
10.14
Average True Range
9.08
Average Directional Index
34.95
Rate of Change (21)
16.71
Rate of Change (125)
50.16
Peer comparison
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Rishi Laser Ltd Company background

Founded in: 1992
Managing director: Harshad B Patel
Rishi Laser Limited was incorporated on 20th April 1992 under the name Alandi Metapress Pvt. Ltd. The Company was converted to a Public Limited Company on 30th June 1993. The name of the Company was then changed to Rishi Laser Cutting Limited to have a group synergy and the Certificate of Change of Name was obtained on 6th July 1993. In 2007, Company name was changed to Rishi Laser Ltd. The Company is engaged in manufacturing of Fabrication of sheet Metal components and machines. The Company offers parts for excavating machines, and manufactures steel fabrications and assemblies fora range of engineering industries. It is engaged infour verticals: construction equipment, automotive, rail transportation and power (transmission and distribution). Its services include contract manufacturing, design and development, punching, sheet steel fabrication, bending, laser cutting, welding and surface treatment. It serves various industries, including textile and general engineering telecommunications and instrumentations, and earthmoving machinery. The Company has the biggest steel Laser Cutting Facilities in India with more than 16 CNC Laser Cutting Machines operational across 6 manufacturing units, spread across 5 states of India Maharashtra, Gujarat, Karnataka, Tamil Nadu and Haryana. Most of the units are ISO 9001:2015 certified for manufacturing process. In addition, it has implemented Lean Manufacturing system which enhances the internal work atmosphere and work culture. In an endeavor, to cater to the diverse range of products and complex combinations of volumes, the Company achieved significant milestone by practicing Cellular Manufacturing. The Company has Ultra Modern manufacturing facilities comprising of CNC Laser Cutting, CNC Plasma Gas cutting, CNC Press Brake Bending, Pressing, Punching, Boring, and Welding and Surface treatment. It has good IT infrastructure and requirement of best software tools gives the Company the advantage. It provide the best delivery schedules for fabrication of assemblies and product development using out of the box fabrication facilities like like welding robots and modular jigs and fixtures. It also have fabrication supporting facilities like, Moving column milling centre, Lathe Machines Drilling machines.The Company has dedicated EOU (Export Oriented Unit) catering to it global clients with quality of products. It undertake project based work wherein turnkey assignments of steel fabrication are taken up. Parts of these projects are manufactured in various manufacturing plants and then they are shipped to the site Where they are erected. These projects could be part of Cement plant material handling, automotive paint shops, etc.
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