-
1 Comment
Rain Industries Limited is currently in a long term uptrend where the price is trading 51.2% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.5.
Rain Industries Limited's total revenue sank by 6.7% to $26B since the same quarter in the previous year.
Its net income has increased by 167.5% to $3B since the same quarter in the previous year.
Finally, its free cash flow fell by 29.1% to $7B since the same quarter in the previous year.
Based on the above factors, Rain Industries Limited gets an overall score of 3/5.
Industry | Chemicals |
---|---|
Sector | Basic Materials |
ISIN | INE855B01025 |
CurrencyCode | INR |
Exchange | NSE |
PE Ratio | 3.69 |
---|---|
Beta | 1.0 |
Dividend Yield | 0.6% |
Target Price | 20 |
Market Cap | 53B |
Rain Industries Limited, together with its subsidiaries, manufactures and sells carbon, cement, and advanced materials products in India and internationally. It offers calcined petroleum coke, coal tar pitch, and other products including carbon black, creosote, naphthalene, and other aromatic oils, as well as generates electricity and steam from waste-heat recovery process. The company also provides engineered products comprising CARBORES, PETRORES, LiONCOAT, and sealer coatings; chemical intermediates, which includes refined naphthalene, phthalic anhydride, modifiers, benzene, toluene, xylene, solvents, fuel additives; and resin products including carbon, and hydrogenated hydrocarbon resins, as well as phenolics for specialty chemicals, coatings, adhesives, automotive, lithium-ion batteries, energy storage, construction petrochemical, and other industries. In addition, it offers ordinary cement and Portland pozzolana cement for construction under the Priya Cement brand. The company was formerly known as Rain Commodities Limited and changed its name to Rain Industries Limited in July 2013. Rain Industries Limited was incorporated in 1974 and is based in Hyderabad, India.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for RAIN.NSE using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024