Ram Ratna Wires (RAMRAT) Share Price Falls 5.44% to Rs 538.60
- September 2, 2026
- Posted by: Harsh Piplani
- Category: News
Ram Ratna Wires Share Price fell to Rs 538.60 on 02 September 2026, down 5.44% or Rs 31 from the previous close of Rs 569.60. The move took the company’s market capitalisation to Rs 5,263.95 crore. The stock opened at Rs 575.50, touched a high of Rs 577.85, slipped to a low of Rs 538.60, and turnover stood at Rs 1.07 crore.
For investors tracking Ram Ratna Wires Share Price Today, the supplied data confirms a sharp single-session decline in a Mid Cap stock from the Capital Goods sector and Electric Equipment industry. However, the data does not identify any company-specific trigger behind the fall.
From a fundamentals perspective, the stock trades at a P/E ratio of 41.93 and a P/B ratio of 8.65, while ROE stands at 20.52% and ROCE at 23.69%. Those numbers suggest a business with healthy return ratios, but also one that is not trading at a low valuation relative to many industry reference points.
Ram Ratna Wires (RAMRAT) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 538.6 |
| Previous Close | Rs 569.6 |
| Today's Move | -Rs 31.00 (-5.44%) |
| Open | Rs 575.5 |
| High | Rs 577.85 |
| Low | Rs 538.6 |
| Turnover | Rs 1.07 crore |
| Market Capitalisation | Rs 5,263.95 crore |
| Market Cap Category | Mid Cap |
The intraday pattern was weak. The stock started above the previous close, moved up to Rs 577.85, and then declined steadily to Rs 538.60. Because the current price matched the day’s low at the time of the update, the session reflected sustained selling pressure into the lower end of the range.
That pattern is relevant because a stock that cannot hold its open and eventually trades at the session low often stays in focus beyond the headline percentage move. Turnover of Rs 1.07 crore shows the counter did see activity, even though the article data does not indicate anything unusual beyond the price event itself. In practical terms, today’s move puts near-term sentiment, support levels and valuation back into discussion for market participants following this name.
Ram Ratna Wires (RAMRAT) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 5,263.95 crore |
| P/E Ratio | 41.93x |
| P/B Ratio | 8.65x |
| ROE | 20.52% |
| ROCE | 23.69% |
| EPS | Rs 13.58 |
| Book Value Per Share | Rs 65.84 |
| Dividend Yield | 0.44% |
Ram Ratna Wires Fundamental Analysis points to a profitable Mid Cap company. ROE of 20.52% and ROCE of 23.69% indicate healthy returns on equity and capital employed. EPS is Rs 13.58, book value per share is Rs 65.84, and dividend yield is 0.44%.
The valuation side is where the market asks harder questions. A P/E of 41.93 and P/B of 8.65 mean the stock is valued at a premium to its accounting book value and at a multiple that is not especially low for the industry. That does not, by itself, make the stock overvalued or undervalued; it simply means investors are paying up for the business relative to a number of benchmark levels. After a day like this, attention often shifts from whether the company is profitable to whether the existing valuation leaves enough room for sentiment to stay resilient.
Technical Snapshot
On technical markers available in the supplied dataset, the RSI stands at 64.83. The stock is also above both its 50-day moving average of Rs 480.33 and its 200-day moving average of Rs 386.78. Even after today’s decline, the price of Rs 538.60 remains above those longer-period reference levels.
That context matters because it separates a sharp one-day move from the broader placement of the stock on trend-based indicators. A fall toward the session low can look weak in the short term, while the stock can still remain above medium- and long-term averages. The data here supports exactly that reading: near-term pressure is visible, but the stock is still trading above its 50 DMA and 200 DMA.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Electric Equipment |
| Benchmark Scope | same industry |
| Company P/E Ratio | 41.93x |
| Benchmark Median P/E | 34.37x |
| Benchmark Average P/E | 51.72x |
| Benchmark P/E Range | 4.37x to 727.44x |
| Company P/B Ratio | 8.65x |
| Benchmark Median P/B | 4.27x |
| Benchmark Average P/B | 6.53x |
| Company ROE | 20.52% |
| Benchmark Median ROE | 17.18% |
| Benchmark Average ROE | -16.61% |
| Company ROCE | 23.69% |
| Benchmark Median ROCE | 21.42% |
| Benchmark Average ROCE | 22.09% |
| Company Market Capitalisation | Rs 5,263.95 crore |
| Benchmark Median Market Cap | Rs 955.37 crore |
| Benchmark Average Market Cap | Rs 13,747.79 crore |
The industry benchmark covers 99 companies in Electric Equipment. Within that set, Ram Ratna Wires trades above the median P/E of 34.37, but below the average P/E of 51.72. Its P/B of 8.65 is above both the median of 4.27 and the average of 6.53. So on valuation, the stock sits on the richer side of the industry spectrum.
Profitability, however, is also stronger than median benchmarks. ROE of 20.52% is above the industry median of 17.18%, and ROCE of 23.69% is above both the median of 21.42% and the average of 22.09%. Market capitalisation of Rs 5,263.95 crore is far above the industry median of Rs 955.37 crore, though below the average of Rs 13,747.79 crore because the peer set includes much larger companies. The overall picture is fairly balanced: stronger-than-median returns, but also above-median valuation.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| ABB India | ABB | 1,57,447.92 | 52.43 | 16.77 | 22.39 | 30.18 |
| Hitachi Energy India | POWERINDIA | 1,46,062.96 | 126.97 | 26.7 | 21.04 | 28.73 |
| Siemens | SIEMENS | 1,43,683.94 | 43.72 | 10.1 | 15.64 | 21.42 |
| CG Power and Industrial Solutions | CGPOWER | 1,41,317.87 | 111.54 | 16.97 | 20.43 | 27.94 |
| SIEMENS ENERGY INDIA | ENRIN | 1,12,936.5 | 75.9 | 21.5 | 29.23 | 40.19 |
Relative to large listed peers, Ram Ratna Wires operates at a much smaller scale. Its market cap of Rs 5,263.95 crore is well below ABB India, Hitachi Energy India, Siemens, CG Power and Siemens Energy India, each of which is above Rs 1,12,936.50 crore.
On valuation, the stock’s P/E of 41.93 is below ABB India’s 52.43, Siemens’ 43.72 by a small margin, CG Power’s 111.54, Hitachi Energy India’s 126.97 and Siemens Energy India’s 75.9. On returns, ROE of 20.52% is lower than ABB’s 22.39% and Siemens Energy India’s 29.23%, close to CG Power’s 20.43% and Hitachi Energy India’s 21.04%, and above Siemens’ 15.64%. ROCE of 23.69% is below ABB, Hitachi Energy India, CG Power and Siemens Energy India, but above Siemens’ 21.42%.
This comparison suggests the stock is not inexpensive against broad industry medians, yet it still trades at lower earnings multiples than several marquee peer names. That mix is one reason today’s decline is notable: the stock sits in a middle ground where profitability is respectable, valuation is not cheap, and peer benchmarks remain mixed rather than one-sided.
Why Investors Are Watching Ram Ratna Wires
- The stock fell 5.44% in one session to Rs 538.60 and was trading at the day low.
- The intraday trend weakened from an open of Rs 575.50 and a high of Rs 577.85.
- Valuation remains elevated versus industry medians, with P/E at 41.93 and P/B at 8.65.
- Profitability is healthy, with ROE of 20.52% and ROCE of 23.69%.
- The stock remains above its 50 DMA of Rs 480.33 and 200 DMA of Rs 386.78 despite the decline.
About Ram Ratna Wires
Ram Ratna Wires is classified in the Capital Goods sector and Electric Equipment industry. Within the supplied peer universe, it sits below sector heavyweights in scale but above the industry median company size. That combination keeps the stock relevant for investors looking at mid-cap industrial names where valuation, profitability and trend data all need to be read together.
Track Ram Ratna Wires Share Price on Univest
Use Ram Ratna Wires (RAMRAT) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
On Univest, investors can track Ram Ratna Wires Share Price, day-wise price action, valuation ratios, return ratios and sector benchmarks in one place. That context is especially useful when a stock sees a sharp single-session move but the available dataset does not confirm a company-specific reason.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Ram Ratna Wires Share Price falling today?
Ans. Ram Ratna Wires Share Price fell 5.44% to Rs 538.60 from the previous close of Rs 569.60. The supplied data confirms the move, but it does not establish any company-specific catalyst.
What is Ram Ratna Wires Share Price Today?
Ans. Ram Ratna Wires Share Price Today is Rs 538.60 at the time of the update. The stock is down Rs 31 for the session after trading between Rs 577.85 and Rs 538.60.
What is the market cap of Ram Ratna Wires ?
Ans. Ram Ratna Wires has a market capitalisation of Rs 5,263.95 crore. It falls in the Mid Cap category. The company operates in the Capital Goods sector. Its P/E ratio is 41.93x.
Is Ram Ratna Wires expensive on valuation metrics?
Ans. The stock trades at a P/E of 41.93, above the industry median of 34.37 but below the industry average of 51.72. Its P/B of 8.65 is also above the industry median of 4.27.
What do Ram Ratna Wires profitability ratios show?
Ans. Ram Ratna Wires reports ROE of 20.52% and ROCE of 23.69%. Both are above the industry medians of 17.18% and 21.42%. ROE stands at 20.52%. ROCE stands at 23.69%. The relevant peer median ROE is 17.18%.
How does Ram Ratna Wires compare with Siemens and ABB India?
Ans. Ram Ratna Wires trades at 41.93 times earnings, below ABB India’s 52.43 and slightly below Siemens’ 43.72. Its ROE of 20.52% is lower than ABB’s 22.39% but higher than Siemens’ 15.64%.
How does Ram Ratna Wires compare with CG Power and Hitachi Energy India?
Ans. Ram Ratna Wires has a much lower P/E of 41.93 compared with CG Power’s 111.54 and Hitachi Energy India’s 126.97. Its ROE of 20.52% is close to both peers, though their market caps are far larger.
