Discover and read the best of Twitter Threads about #rajratanglobalwire

Most recents (2)

Fundamental Analysis of
#RajratanGlobalWire👇👇

#Rajratan is the sole supplier of bead wire to some of the leading companies in the tyre industry and expects to further improve its market share in the Indian market. Image
#RajratanGlobalWire, one of the largest manufacturers of bead wire in India, is a tyre auxiliary that makes bead wire that is a vital component for the production of tyres.
Based in Pithampur near Indore in MP, #Rajratan manuf. facility in India has a production capacity of 72,000 TPA. It also owns another unit in Thailand, with a production capacity of 40,000 TPA. The company is set to expand its bead wire capacity in Thailand to 60,000 TPA.
Read 7 tweets
#RajratanGlobalWire
Rajratan Global Wire along with its subsidiary,Rajratan Thai Wire Co. Ltd., is engaged in the business of manufacturing and sale of Tyre Bead Wire. The Company is one of the fastest growing bead wire manufacturers in the world, only manufacturer in Thailand
The company has a market cap of 220Cr. The company has a market share of 35% for tyre bead wire in India and a market share of 20% in Thailand. 84% of the revenue comes from Tyre bead wire, 13% from High carbon steel wire. 70% revenue comes from India 30% from exports.
Capacity Utilisation is close to 98%. Promotors have recently increased stake in the company to 64.22% and promotor pledge is 0. Mutual funds have increased the stake to 8.62%
Read 16 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!