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1 Comment
Remsons Industries Limited is currently in a long term uptrend where the price is trading 112.2% above its 200 day moving average.
From a valuation standpoint, the stock is 99.8% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.9.
Remsons Industries Limited's total revenue sank by 71.6% to $132M since the same quarter in the previous year.
Its net income has increased by 78.4% to $37M since the same quarter in the previous year.
Finally, its free cash flow grew by 105.4% to $12M since the same quarter in the previous year.
Based on the above factors, Remsons Industries Limited gets an overall score of 4/5.
ISIN | INE474C01023 |
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Exchange | NSE |
CurrencyCode | INR |
Sector | Consumer Cyclical |
Industry | Auto Parts |
Market Cap | 4B |
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Target Price | None |
Dividend Yield | 0.3% |
Beta | 1.1 |
PE Ratio | 26.24 |
Remsons Industries Limited manufactures and sells automotive components parts and related products in India and internationally. The company offers cables, such as front, rear, combi-brake, accelerator, speedometer, seat lock, parking brake, gasoline, gear and reverse gear, choke/stop, wiper motor, body and clutch, hood safety, HVAC, seat adjustment, bonnet release, cabin storage, air tank mounting, PTO, gear shift and select, door, forward and reverse, and director change cables, as well as throttle, sunroof, retainer, window regulator, and winch cables. It also offers clutch, gear shifter with cables, scissor jacks, tyre mobility kits, diff lock cables with mechanism, PTO levers, choke, decompressor, pull to stop, and flexible shafts, as well as hood release, fuel flap release, and boot release mechanism with cables. In addition, the company provides push pull cables; gear shift systems; parking brake mechanism; combi brake systems; winches; jack kits; pedal box assembly; and control cables. Further, it offers sensors, including throttle position, fuel level, temperature, brake, hall effect-based sensor, etc.; and electronics, such as infotainment systems, digital clusters, rear-view cameras, USB chargers, shark fin antennas, AVAS systems, and driver monitoring systems. It supplies its products to two, three, four, and commercial wheelers; off roaders; and agriculture/lawn care machineries. The company also exports its products. Remsons Industries Limited was founded in 1959 and is headquartered in Mumbai, India.
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