Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Ratnaveer Precision Engineering Limited specializes in the manufacturing, export, and supply of stainless-steel products. These products cater to both commercial and residential sectors, reaching markets in India and worldwide. Their diverse product portfolio encompasses items such as fabricated stainless-steel sheets, washers, specialized solar roofing hooks, and various types of pipes and tubes. These essential components are widely utilized across a broad spectrum of industries. Key sectors benefiting from their products include automotive, renewable energy (like solar and wind power), infrastructure (power plants, oil & gas), pharmaceuticals, plumbing, and construction, as well as general manufacturing for electrical and kitchen appliances. Established in 2000, the company is headquartered in Vadodara, India. Notably, the entity operated as Ratnaveer Metals Limited until its renaming to Ratnaveer Precision Engineering Limited in November 2022.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI
Target Price
The average target price of RATNAVEER.BO is 235 and suggests 31.8% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendati