Stock Price Movement and Market Context
On 24 Nov 2025, Rasandik Engineering Industries India’s stock touched an intraday low of Rs.71, representing a decline of 3.68% on the day. This price point is the lowest the stock has traded at in the past 52 weeks, contrasting sharply with its 52-week high of Rs.127.75. Despite this, the stock outperformed its sector by 1.89% during the trading session, indicating some relative resilience within its segment.
The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This positioning suggests a sustained downward trend over multiple time horizons, reflecting persistent challenges in regaining upward momentum.
Meanwhile, the broader market environment remains positive. The Sensex opened 88.12 points higher and was trading at 85,389.42, up 0.18%. The index is close to its 52-week high of 85,801.70, just 0.48% away, and has recorded a 2.61% gain over the last three weeks. The Sensex is also trading above its 50-day moving average, which itself is positioned above the 200-day moving average, signalling a bullish trend. Mid-cap stocks are leading the market with the BSE Mid Cap index gaining 0.2% on the day.
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Financial Performance and Profitability Indicators
Rasandik Engineering Industries India’s financial data over the past year reveals a challenging environment. The stock’s one-year performance shows a return of -29.84%, significantly underperforming the Sensex, which recorded a 7.93% gain over the same period. This underperformance extends over a longer horizon, with the stock trailing the BSE500 index in each of the last three annual periods.
The company has reported negative results for three consecutive quarters. The latest quarterly profit after tax (PAT) stood at a loss of Rs.2.13 crore, reflecting a decline of 881.7% compared to the previous four-quarter average. Return on Capital Employed (ROCE) for the half-year period was recorded at -2.88%, indicating limited efficiency in generating returns from capital invested.
Cash and cash equivalents have also reached a low point, with Rs.0.15 crore reported for the half-year period, underscoring tight liquidity conditions. The company’s ability to service debt is constrained, as reflected by a high Debt to EBITDA ratio of 6.90 times, which points to elevated leverage relative to earnings before interest, tax, depreciation, and amortisation.
Return on Equity (ROE) averaged 1.64%, signalling modest profitability relative to shareholders’ funds. These metrics collectively illustrate the financial pressures facing Rasandik Engineering Industries India, which have contributed to the stock’s subdued performance and recent price decline.
Valuation and Risk Considerations
The stock is trading at valuations that are considered risky when compared to its historical averages. Over the past year, profits have fallen by 57.2%, which has weighed on investor sentiment and valuation multiples. The company’s weak long-term fundamental strength is a factor in the current market assessment, with operating losses impacting overall financial health.
Despite the broader auto components sector showing some positive momentum, Rasandik Engineering Industries India’s share price has not reflected this trend, highlighting company-specific challenges. The majority shareholding remains with promoters, which may influence strategic decisions and capital allocation going forward.
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Sector and Industry Context
Rasandik Engineering Industries India operates within the Auto Components & Equipments sector, a segment that has experienced mixed performance in recent months. While some mid-cap stocks in the sector have shown gains, the company’s stock has not aligned with this trend. The sector’s overall performance is influenced by factors such as raw material costs, demand fluctuations in the automotive industry, and supply chain dynamics.
The company’s current stock price level at Rs.71 is a reflection of these sectoral pressures combined with internal financial metrics. The contrast with the Sensex’s positive trajectory and the sector’s relative strength highlights the divergence in performance within the auto components space.
Summary of Key Metrics
To summarise, Rasandik Engineering Industries India’s stock has reached a 52-week low of Rs.71, trading below all major moving averages. The stock’s one-year return stands at -29.84%, with profits declining by 57.2% over the same period. The company’s Debt to EBITDA ratio is 6.90 times, ROE averages 1.64%, and ROCE is negative at -2.88%. Cash reserves are limited at Rs.0.15 crore for the half-year period, and the company has reported losses in the last three quarters.
These factors collectively contribute to the current market valuation and price movement, setting Rasandik Engineering Industries India apart from the broader market and sector trends.
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