Rajnandini Metal (India) Price History

RAJMET Stock   9.08  0.04  0.44%   
Below is the normalized historical share price chart for Rajnandini Metal Limited extending back to October 23, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Rajnandini Metal stands at 9.08, as last reported on the 23rd of November, with the highest price reaching 9.30 and the lowest price hitting 9.00 during the day.
200 Day MA
11.5181
50 Day MA
10.1414
Beta
(0.31)
 
Covid
If you're considering investing in Rajnandini Stock, it is important to understand the factors that can impact its price. Rajnandini Metal maintains Sharpe Ratio (i.e., Efficiency) of -0.27, which implies the firm had a -0.27% return per unit of risk over the last 3 months. Rajnandini Metal exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rajnandini Metal's Coefficient Of Variation of (366.60), variance of 2.89, and Risk Adjusted Performance of (0.20) to confirm the risk estimate we provide.
  
At present, Rajnandini Metal's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 1.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 204.6 M. . Rajnandini Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2722

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Negative ReturnsRAJMET

Estimated Market Risk

 1.72
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.47
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.27
  actual daily
0
Most of other assets perform better
Based on monthly moving average Rajnandini Metal is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Rajnandini Metal by adding Rajnandini Metal to a well-diversified portfolio.
Price Book
4.4268
Book Value
1.956
Enterprise Value
3.5 B
Enterprise Value Ebitda
11.7082
Price Sales
0.1991

Rajnandini Metal Stock Price History Chart

There are several ways to analyze Rajnandini Stock price data. The simplest method is using a basic Rajnandini candlestick price chart, which shows Rajnandini Metal price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceAugust 29, 202412.32
Lowest PriceNovember 22, 20249.08

Rajnandini Metal November 23, 2024 Stock Price Synopsis

Various analyses of Rajnandini Metal's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Rajnandini Stock. It can be used to describe the percentage change in the price of Rajnandini Metal from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Rajnandini Stock.
Rajnandini Metal Price Daily Balance Of Power(0.13)
Rajnandini Metal Price Rate Of Daily Change 1.00 
Rajnandini Metal Price Action Indicator(0.09)

Rajnandini Metal November 23, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Rajnandini Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Rajnandini Metal intraday prices and daily technical indicators to check the level of noise trading in Rajnandini Stock and then apply it to test your longer-term investment strategies against Rajnandini.

Rajnandini Stock Price History Data

The price series of Rajnandini Metal for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 has a statistical range of 3.47 with a coefficient of variation of 9.93. The price distribution for the period has arithmetic mean of 10.63. The median price for the last 90 days is 10.24. The company completed stock split (10:1) on 30th of November 2022. Rajnandini Metal had dividends distributed to its stock-holders on 2022-08-11.
OpenHighLowCloseVolume
11/23/2024
 9.15  9.30  9.00  9.08 
11/22/2024 9.15  9.30  9.00  9.08  650,012 
11/21/2024 9.29  9.30  9.05  9.12  541,997 
11/20/2024 9.25  9.25  9.25  9.25  1.00 
11/19/2024 9.23  9.54  9.21  9.25  554,442 
11/18/2024 9.69  9.79  9.17  9.22  934,988 
11/14/2024 9.40  9.70  9.37  9.59  470,818 
11/13/2024 9.84  9.84  9.30  9.40  728,668 
11/12/2024 9.96  9.96  9.80  9.85  394,383 
11/11/2024 10.04  10.04  9.77  9.84  547,928 
11/08/2024 10.14  10.14  9.95  9.97  642,443 
11/07/2024 10.28  10.28  10.09  10.14  544,031 
11/06/2024 10.25  10.27  10.06  10.19  729,561 
11/05/2024 10.12  10.19  10.03  10.10  576,787 
11/04/2024 10.44  10.47  10.01  10.11  761,286 
11/01/2024 10.00  10.00  10.00  10.00  343,005 
10/31/2024 10.04  10.25  9.92  10.00  1,100,877 
10/30/2024 9.60  10.04  9.53  9.83  944,250 
10/29/2024 9.69  9.69  9.46  9.56  428,762 
10/28/2024 9.64  9.74  9.28  9.57  930,022 
10/25/2024 9.84  9.92  9.25  9.52  772,000 
10/24/2024 9.45  9.83  9.30  9.65  746,901 
10/23/2024 9.28  9.54  9.26  9.37  895,252 
10/22/2024 10.00  10.00  9.40  9.50  998,993 
10/21/2024 10.08  10.09  9.80  9.85  697,979 
10/18/2024 10.07  10.07  9.85  10.00  704,337 
10/17/2024 9.80  10.12  9.80  10.00  1,561,324 
10/16/2024 10.29  10.29  9.05  9.80  3,307,216 
10/15/2024 10.50  10.62  10.16  10.24  1,430,918 
10/14/2024 10.40  10.54  10.14  10.46  1,258,126 
10/11/2024 10.23  10.47  10.23  10.40  681,490 
10/10/2024 10.36  10.54  10.26  10.41  1,296,168 
10/09/2024 10.15  10.74  10.15  10.39  2,288,674 
10/08/2024 9.86  10.20  9.60  10.13  1,697,789 
10/07/2024 10.24  10.30  9.71  9.86  1,925,373 
10/04/2024 10.10  10.29  9.98  10.18  1,347,348 
10/03/2024 9.99  10.44  9.96  10.22  2,420,843 
10/01/2024 10.00  10.65  9.90  9.99  7,883,166 
09/30/2024 10.64  10.70  9.96  10.00  8,796,257 
09/27/2024 10.60  10.78  10.51  10.57  1,717,434 
09/26/2024 10.70  10.90  10.52  10.58  2,283,665 
09/25/2024 10.75  11.15  10.65  10.70  3,239,826 
09/24/2024 10.94  11.06  10.30  10.73  2,932,565 
09/23/2024 10.91  11.08  10.80  10.86  3,091,337 
09/20/2024 11.14  11.30  10.86  10.91  2,439,772 
09/19/2024 11.39  11.42  11.00  11.08  1,603,347 
09/18/2024 11.34  11.75  11.14  11.25  5,280,833 
09/17/2024 11.45  11.49  11.22  11.27  2,511,397 
09/16/2024 11.45  11.63  11.27  11.33  3,578,091 
09/13/2024 11.50  11.69  11.28  11.31  3,750,863 
09/12/2024 12.00  12.19  11.40  11.46  2,818,514 
09/11/2024 12.03  12.15  11.70  11.80  1,226,429 
09/10/2024 12.02  12.27  11.94  12.03  1,267,036 
09/09/2024 12.20  12.24  11.89  12.02  1,233,083 
09/06/2024 11.97  12.48  11.79  12.02  2,139,295 
09/05/2024 12.04  12.22  11.89  11.94  1,442,524 
09/04/2024 12.16  12.27  12.00  12.04  914,909 
09/03/2024 12.19  12.30  12.08  12.16  905,470 
09/02/2024 12.47  12.47  12.06  12.15  1,023,686 
08/30/2024 12.48  12.48  12.22  12.30  838,141 
08/29/2024 12.49  12.49  12.26  12.32  710,991 

About Rajnandini Metal Stock history

Rajnandini Metal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Rajnandini is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rajnandini Metal will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Rajnandini Metal stock prices may prove useful in developing a viable investing in Rajnandini Metal
Last ReportedProjected for Next Year
Common Stock Shares Outstanding276.5 M204.6 M
Net Income Applicable To Common Shares157.3 M165.2 M

Rajnandini Metal Quarterly Net Working Capital

289.4 Million

Rajnandini Metal Stock Technical Analysis

Rajnandini Metal technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Rajnandini Metal technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rajnandini Metal trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Rajnandini Metal Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Rajnandini Metal's price direction in advance. Along with the technical and fundamental analysis of Rajnandini Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rajnandini to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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When running Rajnandini Metal's price analysis, check to measure Rajnandini Metal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rajnandini Metal is operating at the current time. Most of Rajnandini Metal's value examination focuses on studying past and present price action to predict the probability of Rajnandini Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rajnandini Metal's price. Additionally, you may evaluate how the addition of Rajnandini Metal to your portfolios can decrease your overall portfolio volatility.
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