Is rain industries a good buy now?
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.
Why rain Industries share price increasing?
Why stock is rallying – Explained. Rain Industries share price has skyrocketed to the tune of 8 per cent in the intraday trade. According to stock market experts, this robust rise in Rain Industries stock price is due to the rise in its globally acclaimed product CPC in the international metal market.
Should I buy rain stock?
4 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Rain Therapeutics in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “buy” Rain Therapeutics stock.
Why is rain industries?
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.
Who is owner of rain industries?
You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of Rain Industries Ltd….PREMARKET.
| Management | |
|---|---|
| H L Zutshi | Chairman & Ind.Director |
| Jagan Mohan Reddy Nellore | Vice Chairman |
| N Radhakrishna Reddy | Managing Director |
| N Sujith Kumar Reddy | Non Executive Director |
How much is the dividend yield of rain industries stock?
For the year ending June 2019 Rain Industries has declared an equity dividend of 50.00\% amounting to Rs 1 per share. At the current share price of Rs 94.95 this results in a dividend yield of 1.05\%.
What sector is rainrain industries in?
Rain Industries is in the Cement – Major sector. It is listed on the BSE with a BSE Code of 500339 and the NSE with an NSE Code of RAIN.
What is the rainindustries trend for this week?
RainIndustries trend for this week is negative, which means RainIndustries target predictions on downside have a better chance. RainIndustries targets for this week are 235.21, 270.72 on the upside, and 208.59, 179.74 on the downside.
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.