Rajnandini Fashi

Why is Rajnandini Fashi falling/rising?

As of 28-Jun, Rajnandini Fashion India Ltd's stock price is at 47.40, reflecting a decline and a bearish trend, with significant drops in investor participation and delivery volume. Despite outperforming the sector today, the stock's overall performance indicates a lack of confidence among investors.

As of 28-Jun, Rajnandini Fashion India Ltd's stock price is falling, currently at 47.40, which reflects a decrease of 0.1 or 0.21%. The stock has been on a downward trend, having lost value for the last two consecutive days, resulting in a total decline of 0.23% during this period. Additionally, the stock's performance today has outperformed the sector by 0.68%, but this is overshadowed by the overall negative momentum.<BR><BR>Investor participation appears to be declining, as evidenced by a significant drop in delivery volume, which fell by 86.11% compared to the 5-day average. This reduction in trading activity could indicate a lack of confidence among investors, contributing to the stock's downward movement. Furthermore, while the stock is currently above its 5-day moving averages, it is below the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the longer term. Overall, these factors collectively explain the current decline in Rajnandini Fashion India Ltd's stock price.

Which are the latest news on Rajnandini Fashi?

What does Rajnandini Fashi do?

Rajnandini Fashion India Ltd is a Micro Cap company in the Garments & Apparels industry, incorporated in 2010 and previously known as Vyoum Trade Link and Jainam Overseas. It has no recent sales or profit data, with a market cap of INR 52 Cr, a P/E ratio of 10.00, and a return on equity of 54.35%.

Overview:<BR>Rajnandini Fashion India Ltd operates in the Garments & Apparels industry and is classified as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated in 2010 as Vyoum Trade Link Private Limited and underwent name changes to Jainam Overseas Private Limited in 2012 and to Rajnandini Fashion India Private Limited in 2024. There is no sales and profit data available for the latest quarter.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 52 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 10.00<BR>Industry P/E: 72<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.95<BR>Return on Equity: 54.35%<BR>Price-to-Book: 5.75<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the peers of the Rajnandini Fashi?

Peers of Rajnandini Fashi include Lakhotia Poly., Trident Texofab, Parmeshwari Silk, Bang Overseas, Vinny Overseas, Shubham Polyspin, Shekhawati Inds, Gujarat Cotex, and Nandani Creation. Most peers exhibit below average management risk and capital structure, with varying growth rates and returns, notably Parmeshwari Silk's high 1-year return of 622.42%.

Peers: The peers of Rajnandini Fashi are Lakhotia Poly., Trident Texofab, Parmeshwari Silk, Bang Overseas, Vinny Overseas, Shubham Polyspin, Shekhawati Inds, Gujarat Cotex, and Nandani Creation.<BR><BR>Quality Snapshot: Below Average management risk is observed at Lakhotia Poly., Trident Texofab, Bang Overseas, Vinny Overseas, Shubham Polyspin, Gujarat Cotex, and the rest. Average management risk is found at Parmeshwari Silk, Shekhawati Inds, and Nandani Creation. Growth is rated as Good for Bang Overseas and Nandani Creation, while Below Average growth is noted for Lakhotia Poly., Trident Texofab, Vinny Overseas, Shubham Polyspin, Gujarat Cotex, and the rest. Average growth is seen at Parmeshwari Silk and Shekhawati Inds. All peers have Below Average capital structure except for Nandani Creation, which has Average capital structure.<BR><BR>Return Snapshot: Parmeshwari Silk has the highest 1-year return at 622.42%, while Trident Texofab has the lowest at -81.70%. Rajnandini Fashi's 1-year return is not available for comparison. Additionally, Lakhotia Poly., Trident Texofab, Vinny Overseas, Shubham Polyspin, Shekhawati Inds, Gujarat Cotex, and Bang Overseas all show negative six-month returns.