ROLEXRINGS

Rolex Rings Share Price

₹2,504.5
+ 49.6 (2.02%)
  • Advice
  • Hold
18 September, 2024 02:38 BSE: 543325 NSE: ROLEXRINGS ISIN: INE645S01016

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Rolex Rings Performance

Day Range

  • Low 2,468
  • High 2,570
₹ 2,504

52 Week Range

  • Low 1,720
  • High 2,767
₹ 2,504
  • Open Price2,475
  • Previous Close2,455
  • Volume42496

Rolex Rings Chart

  • Over 1 Month + 12.52%
  • Over 3 Month + 0.23%
  • Over 6 Month + 33.98%
  • Over 1 Year + 8.03%

Rolex Rings Key Statistics

P/E Ratio 39.3
PEG Ratio -3.3
Market Cap Cr
Price to Book Ratio 7.6
EPS 65.7
Dividend 0
Relative Strength Index 56.15
Money Flow Index 43.55
MACD Signal 27.51
Average True Range 96.57

Rolex Rings Investment Rating

  • Master Rating:
  • Rolex Rings has an operating revenue of Rs. 1,221.19 Cr. on a trailing 12-month basis. An annual revenue growth of 3% is not great, Pre-tax margin of 17% is great, ROE of 17% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 8% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 6% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 65 which is a FAIR score but needs to improve its earnings, a RS Rating of 31 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 99 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Rolex Rings Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 311316273321311299
Operating Expenses Qtr Cr 240244221237241235
Operating Profit Qtr Cr 717253847065
Depreciation Qtr Cr 9127777
Interest Qtr Cr 010110
Tax Qtr Cr 17813161711
Net Profit Qtr Cr 502437634846
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 1,2371,198
Operating Expenses Annual Cr 960918
Operating Profit Annual in Cr 262261
Depreciation Cr 3327
Interest Annual Cr 310
Tax Annual Cr 5445
Net Profit Annual Cr 156198
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 221213
Cash from Investing Activity Annual Cr -158-44
Cash from Financing Annual Activity Cr -66-151
Net Cash Flow Annual Cr -318
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 898743
Fixed Assets Annual Cr 471437
Total Non Current Assets Annual Cr 496469
Total Current Assets Annual Cr 625545
Total Assets Annual Cr 1,1211,013
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 330273
ROE Annual % 1727
ROCE Annual % 2531
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2324
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Rolex Rings Technicals

EMA & SMA

Current Price
₹2,504.5
+ 49.6 (2.02%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹2,462.42
  • 50 Day
  • ₹2,421.04
  • 100 Day
  • ₹2,359.63
  • 200 Day
  • ₹2,282.64
  • 20 Day
  • ₹2,470.27
  • 50 Day
  • ₹2,412.03
  • 100 Day
  • ₹2,355.21
  • 200 Day
  • ₹2,266.35

Rolex Rings Resistance and Support

PIVOT
₹2,513.89
Resistance
First Resistance 2,560.12
Second Resistance 2,615.73
Third Resistance 2,661.97
RSI 56.15
MFI 43.55
MACD Single Line 27.51
MACD 26.28
Support
First Support 2,458.27
Second Support 2,412.03
Third Supoort 2,356.42

Rolex Rings Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 45,398 2,037,462 44.88
Week 31,582 1,494,479 47.32
1 Month 83,286 6,436,328 77.28
6 Month 45,045 2,763,971 61.36

Rolex Rings Result Highlights

Rolex Rings Synopsis

NSE-Machinery-Gen Industrial

Rolex Rings is involved in the business activities of Manufacture of other articles. Company’s Total Operating Revenue is Rs. 1221.76 Cr. and Equity Capital is Rs. 27.23 Cr. for the Year ended 31/03/2024. Rolex Rings Ltd. is a Public Limited Listed company incorporated on 13/02/2003 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L28910GJ2003PLC041991 and registration number is 041991.
Market Cap 6,685
Sales 1,221
Shares in Float 1.23
No of funds 64
Yield
Book Value 7.44
U/D Vol ratio 1.3
LTDebt / Equity
Alpha -0.06
Beta 0.85

Rolex Rings Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 55.25%55.25%55.25%55.25%
Mutual Funds 29.01%28.62%30.33%30.74%
Insurance Companies 0.29%0.45%0.49%
Foreign Portfolio Investors 6.99%7.75%6.28%5.6%
Individual Investors 6.18%6.05%5.69%5.96%
Others 2.57%2.04%2%1.96%

Rolex Rings Management

Name Designation
Mr. Manesh Dayashankar Madeka Chairman & Managing Director
Mr. Bhautik Dayashankar Madeka Whole Time Director
Mr. Mihir Rupeshkumar Madeka Whole Time Director
Mr. Pravinchandra Ratilal Dholakia Independent Director
Ms. Jignasa Pravinchandra Mehta Independent Woman Director
Mr. Ashit Ravishankar Vankani Independent Director

Rolex Rings Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Rolex Rings Corporate Action

Date Purpose Remarks
2024-08-09 Quarterly Results
2024-05-20 Audited Results
2024-02-01 Quarterly Results
2023-11-07 Quarterly Results
2023-08-10 Quarterly Results

Rolex Rings FAQs

What is Share Price of Rolex Rings ?

Rolex Rings share price is ₹2,504 As on 18 September, 2024 | 02:24

What is the Market Cap of Rolex Rings ?

The Market Cap of Rolex Rings is ₹6820.6 Cr As on 18 September, 2024 | 02:24

What is the P/E ratio of Rolex Rings ?

The P/E ratio of Rolex Rings is 39.3 As on 18 September, 2024 | 02:24

What is the PB ratio of Rolex Rings ?

The PB ratio of Rolex Rings is 7.6 As on 18 September, 2024 | 02:24

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