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MARKET DEPTH

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16.75a day ago
17.39a day ago
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LOWER/UPPER CIRCUITS

13.77
20.65
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Rhetan Tmt Ltd Stock performance
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KEY OBSERVATIONS

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noteAnnual Net Profit,rose 27.87% in the last year to ₹4.95 Cr. Its sector's average net profit growth for the last fiscal year was 19.81%.
noteInterest Coverage Ratio,is 4.75, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
noteDebt to Equity Ratio,of 0.23 is less than 1 and healthy. This implies that its assets are financed mainly through equity.
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LONG-TERM PRICE ANALYSIS

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Rhetan TMT Limited is actively engaged in the manufacturing of premium Quality TMT Bars confirming to ISI Standards. The company owns and operates a Steel Rolling Mill with an aggregate installed capacity of 30,000 MTPA. It is an IS 1786: 2008 certified company and it manufactures TMT Bars and Round Bars which are primarily used in construction industry. Its products have been used in construction of dams, bridges, residential and commercial towers and major infrastructure projects in Gujarat.
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