Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Rasandik Engineering Industries India Ltd. is primarily involved in the production of a wide range of components and accessories for the automotive industry. Their extensive product line features items such as tailored welding blanks, various engineering solutions, specialized tools and dies, "body in white" (BIW) parts, suspension systems, fuel tanks, exhaust lines, and Computer Numerically Controlled (CNC) bending services. Beyond automotive, they also manufacture scissor jacks and white goods. The company was established in 1986 by co-founders Deepika Kapoor and Rajiv Kapoor, with its principal operations based in Gurgaon, India.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.