Rasandik Engineering Industries India Ltd (RASANDIK) is currently trading at 59.89 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Rasandik Engineering Industries India Ltd, established in 1984, specializes in manufacturing sheet metal components and assemblies primarily for the automotive industry. The company has a diversified product lineup, including tools, dies, and a range of three-wheeler vehicles under the brand name 'Chief'. Rasandik Engineering has steadily expanded its production capabilities with installations of advanced machinery and development of new production lines over the years. The company’s strategic moves have included a preferential share issue aimed at strengthening ties with promoters and associates. A key facility at Pune is central to its operations for Sheet Metal Components Assembly, enhancing its supply chain efficiency.

Over the past 52 weeks, Rasandik Engineering Industries India Ltd has traded between a low of ₹47.05 and a high of ₹92.45. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Rasandik Engineering Industries India Ltd has a market capitalization of approximately 35.75. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Rasandik Engineering Industries India Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -5.70 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 35.75 Cr, Rasandik Engineering Industries India Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Rasandik Engineering Industries India Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Rasandik Engineering Industries India Ltd is -5.70. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.