Table of Contents
Is it good to invest in Rain Industries?
The stock has been trading near the day’s high level of Rs 244.6 per share, up around 7 per cent on the BSE intraday today. On the technical front, Choice Broking Executive Director Sumeet Bagadia said Rain Industries is a perfect buy for good returns and says the stock has been breaking the last three day’s high.
Should I sell Rain Industries share?
Rain Industries Limited (NSE: RAIN) As on 28th Dec 2021 RAIN Share Price closed @ 206.95 and we RECOMMEND Buy for LONG-TERM with Stoploss of 195.81 & Sell for SHORT-TERM with Stoploss of 217.35 we also expect STOCK to react on Following IMPORTANT LEVELS.
One can buy Rain Industries stocks at around ₹190 for the immediate target of ₹220 maintaining stop loss at ₹180. If someone is holding the stock, then he or she can hold the stock keeping trailing stop loss below ₹190 for this immediate target of ₹220.”
Who invested in rain industries?
Rain Industries rose 2.94\% to Rs 217.10 after Pabrai Investment Funds bought 2.05\% stake in the company via open market transaction on 2 December 2021. Post transaction, Pabrai Investment Funds has increased its shareholding in Rain Industries to 8\% from 5.95\% earlier.
What does rain industry do?
Rain Industries Limited (RAIN) is one of the world’s leading producers of calcined petroleum coke, coal tar pitch and other high-quality basic and specialty chemicals. The group continues to grow through capacity expansions, and mergers and acquisitions across the world.
Is Rain Industries Debt Free?
What Is Rain Industries’s Debt? The image below, which you can click on for greater detail, shows that Rain Industries had debt of ₹79.2b at the end of June 2021, a reduction from ₹87.7b over a year. However, because it has a cash reserve of ₹16.5b, its net debt is less, at about ₹62.7b.
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What is Mohnish Pabrai fund?
Mohnish Pabrai is Managing Partner of Pabrai Investment Funds, a group of focused value funds. Since inception in 1999 with $1 million, Pabrai Funds has grown to over $400 million in assets under management.
What is product of rain industry?
Rain Industries Limited (RAIN) is one of the world’s leading producers of calcined petroleum coke, coal tar pitch and other high-quality basic and specialty chemicals.
Who is the promoter of rain industries?
presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.
| Shareholding Pattern – Rain Industries Ltd. | ||
|---|---|---|
| Promoters | 138378854 | 41.14\% |
| ForeignInstitutions | 41238267 | 12.26\% |
| NBanksMutualFunds | 765314 | 0.23\% |
| Others | 44686848 | 13.29\% |
Is rain Industries a mid cap company?
Rain Industries Ltd., incorporated in the year 1974, is a Mid Cap company (having a market cap of Rs 5,442.07 Crore) operating in Chemicals sector. Rain Industries Ltd. key Products/Revenue Segments include Sale of services and Carbon for the year ending 31-Dec-2019.
What is the margin and dividend yield of rain industries?
The operating margin of Rain Industries for the current financial year is -5.38 \%. Dividend Yield: – It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Rain Industries is Rs 1 and the yield is 0.45 \%.
Is rain industries’s return on equity (ROE) good?
Rain Industries has a ROE of 2.99 \% . (higher is better) Debt to equity ratio: – It is a good metric to check out the capital structure along with its performance. Rain Industries has a D/E ratio of 0.30 which means that the company has low proportion of debt in its capital.
What are the key products/revenue segments of rain Industries Ltd?
Rain Industries Ltd. key Products/Revenue Segments include Carbon which contributed Rs 73.29 Crore to Sales Value (69.56 \% of Total Sales) and Sale of services which contributed Rs 32.06 Crore to Sales Value (30.43 \% of Total Sales)for the year ending 31-Dec-2018.