Rasandik Engineering Industries India Ltd

Rasandik Engg. showed steady growth in net sales and profitability from 2008 to 2010, with net sales increasing from INR 188.62 crore to INR 248.54 crore and profit after tax rising from INR 5.94 crore to INR 6.32 crore. Despite rising raw material costs, the company improved its operating profit and maintained stable margins during this period.

Rasandik Engineering's latest Q2 FY26 results are concerning, showing an 8.94% decline in net sales and negative operating profit, indicating significant operational challenges and a need for strategic changes to restore investor confidence.

Rasandik Engineering's latest results show mixed performance: while it achieved a high Debtors Turnover Ratio and a slight quarter-on-quarter sales growth, net sales declined by 10.8% year-on-year, and the company reported a net loss of Rs -2.23 crore, indicating significant financial challenges.

As of 06-Nov, Rasandik Engineering Industries India Ltd's stock price is declining at 76.00, down 5.0%, and underperforming its sector. The stock shows bearish trends with decreased delivery volume and weak long-term fundamentals, including negative growth in net sales and high debt concerns.

As of 30-Sep, Rasandik Engineering Industries India Ltd's stock price is at 80.98, down 9.85% after four consecutive days of decline. The stock is underperforming compared to the market, with significant drops in investor participation and a year-to-date decline of 33.21%.

As of 24-Sep, Rasandik Engineering Industries India Ltd is currently priced at Rs 90.90, reflecting a recent increase despite significant long-term challenges, including a -17.30% CAGR in net sales and a high debt to EBITDA ratio. While it has shown a short-term gain of 4.48%, its long-term performance remains weak, with a -27.28% return over the past year.

As of 23-Sep, Rasandik Engineering Industries India Ltd is priced at 88.90, showing a short-term gain but a troubling long-term outlook with a 29.30% decline over the past year and weak fundamentals. Despite recent outperformance against its sector, significant risks remain due to high debt and negative operating profits.

As of 22-Sep, Rasandik Engineering Industries India Ltd's stock price is at 87.50, reflecting a slight increase, but it has a concerning long-term outlook with a -27.84% year-to-date return and significant financial challenges. Despite recent short-term gains and increased investor participation, the company has consistently underperformed against the benchmark and faces issues such as negative operating profits and high debt levels.

As of 19-Sep, Rasandik Engineering Industries India Ltd's stock price is at 87.05, reflecting a slight decline and a trend reversal after three days of gains. The company faces significant financial challenges, including declining net sales and profitability, which contribute to investor concerns and a notable decrease in participation.

As of 18-Sep, Rasandik Engineering Industries India Ltd is priced at 87.11, with a recent gain of 2.48% over two days but a year-to-date decline of 28.16%. The stock shows mixed technical signals and significant underperformance compared to the Sensex, indicating ongoing challenges despite short-term gains.

As of 17-Sep, Rasandik Engineering Industries India Ltd is currently priced at Rs 87.00, reflecting a short-term gain despite negative performance over the past week and month. The company faces significant long-term challenges, including weak fundamentals and underperformance compared to the broader market.