RHI Magnesita India Ltd. (RHIM) Share Price Rises 5.68% Today

RHI Magnesita India Ltd. Share Price rises 5.68% today, reaching Rs 410.55 with a market cap of Rs 8,022.58 crore.

RHI Magnesita India Ltd. Share Price has seen a notable increase today, rising by 5.68% to reach Rs 410.55. This upward movement places the company's market capitalisation at Rs 8,022.58 crore, categorising it as a Mid Cap stock. While the data confirms the price event, it does not establish a company-specific catalyst for this increase. Investors are keenly observing the stock's performance, considering both its technical momentum and fundamental context.

RHI Magnesita India Ltd. (RHIM) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 410.55
Previous Close	Rs 388.5
Today's Change	+Rs 22.05 (+5.68%)
Day Open	Rs 389.85
Day High	Rs 410.55
Day Low	Rs 389.85
Current Volume (BSE)	17,292
BSE Traded Volume	17,292
NSE Traded Volume	3,43,378
Combined NSE + BSE Volume	3,60,670
Turnover	Rs 0.71 crore
Market Capitalisation	Rs 8,022.58 crore
Market Cap Category	Mid Cap

RHI Magnesita India Ltd. (RHIM) traded at Rs 410.55. versus the previous close of Rs 388.5, a rise of 5.68%. The stock opened at Rs 389.85, reached Rs 410.55, touched Rs 389.85. Reported volume was 17,292.

RHI Magnesita India Ltd. (RHIM) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 8,022.58 crore

Sector and Industry Context

Metric	Value
Sector	Capital Goods
Benchmark Scope	same sector
Benchmark Median P/E	23.85x
Benchmark Average P/E	73.66x
Benchmark P/E Range	0.19x to 4,466.32x
Benchmark Median P/B	2.59x
Benchmark Median ROE	7.58%
Benchmark Median ROCE	10.93%
Company Market Capitalisation	Rs 8,022.58 crore
Benchmark Median Market Cap	Rs 212.75 crore

RHI Magnesita India Ltd. (RHIM) is classified under sector: Capital Goods.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

RHI Magnesita India Ltd. is part of the Capital Goods sector, which comprises 282 companies. The sector's P/E ratio ranges from 0.19 to 4466.32, with a median of 23.85, while the P/B ratio ranges from -84.93 to 92.87, with a median of 2.59. The company's market capitalisation of Rs 8,022.58 crore is well above the sector median, indicating its strong position within the industry. The sector's ROE and ROCE medians are 7.58% and 10.93%, respectively, providing a benchmark for evaluating the company's financial performance. RHI Magnesita India Ltd.'s performance in this context will be closely watched by investors seeking to understand its competitive standing.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
MPF Systems Ltd.	MPFSL	74,50,914.88	0.19	0.22	0	0
HLE Glascoat Ltd.	HLEGLAS	2,969.19	60.08	5.56	54.6	41.93
Windsor Machines Ltd.	WINDMACHIN	2,867.38	4,466.32	3.68	3.87	4.98
Bharat Bijlee Ltd.	BBL	2,850.53	23.74	1.41	5.3	7.57
Yash Highvoltage Limited	YASHHV	2,649.86	70.97	14.4	33.37	44.9

RHI Magnesita India Ltd. (RHIM) has a market capitalisation of Rs 8,022.58 crore. Among the 5 peers shown, 1 have a larger market capitalisation.

In the Capital Goods sector, RHI Magnesita India Ltd. competes with several peers, including HLE Glascoat Ltd. and Windsor Machines Ltd. HLE Glascoat Ltd. has a P/E of 60.08 and a market cap of Rs 2,969.19 crore, while Windsor Machines Ltd. has a P/E of 4466.32 and a market cap of Rs 2,867.38 crore. These comparisons highlight the diverse valuation metrics within the sector. RHI Magnesita India Ltd.'s market cap of Rs 8,022.Investors will be interested in how the company stacks up against these peers in terms of profitability and market valuation.

Why Investors Are Watching RHI Magnesita India Ltd.

RHI Magnesita India Ltd. has captured investor attention with its recent price rise and market performance. The company's position within the Capital Goods sector and its substantial market capitalisation are key factors driving interest.

• Price Action: Share price rose by 5.68% today, reaching Rs 410.55.
• Technical Position: Significant price rise surpassing the Mid Cap threshold.
• Fundamental Context: Strong market cap within the sector.
• Sector Positioning: Part of a competitive Capital Goods sector.

Investors are advised to monitor the company's ongoing performance, considering its market position and sector dynamics. The stock's recent activity suggests potential opportunities for those tracking the Capital Goods sector.

About RHI Magnesita India Ltd.

RHI Magnesita India Ltd. operates in the Capital Goods sector, focusing on the production and supply of refractory products. These products are essential for high-temperature industrial processes, serving industries such as steel, cement, and glass. The company is part of a global group with a strong presence in the refractory industry, leveraging its expertise to deliver high-quality solutions. RHI Magnesita India Ltd.'s operations are integral to its parent company's strategy, contributing to its leadership position in the market. The company's focus on innovation and sustainability is a key aspect of its business model, aligning with industry trends and customer needs.

Track RHI Magnesita India Ltd. Share Price on Univest

Use RHI Magnesita India Ltd. (RHIM) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors can track RHI Magnesita India Ltd. Share Price on Univest for real-time updates and insights. Univest provides comprehensive data on technical indicators, fundamental ratios, shareholding patterns, and market trends. Stay informed about the company's performance and make data-driven investment decisions with Univest's reliable platform.

Frequently Asked Questions

What is the current share price of RHI Magnesita India Ltd.?

Ans. The current share price of RHI Magnesita India Ltd. is Rs 410.55, reflecting a 5.68% increase from the previous close of Rs 388.5. The stock moved 5.68% during the session.

How much did RHI Magnesita India Ltd. share price rise today?

Ans. RHI Magnesita India Ltd. share price rose by 5.68% today, reaching Rs 410.55, with a significant increase from the previous close. The stock moved 5.68% during the session. The intraday range extended from Rs 389.85 to Rs 410.55.

What is the market capitalisation of RHI Magnesita India Ltd.?

Ans. The market capitalisation of RHI Magnesita India Ltd. is Rs 8,022.58 crore, positioning it as a Mid Cap company within the Capital Goods sector. The company operates in the Capital Goods sector.

What sector does RHI Magnesita India Ltd. operate in?

Ans. RHI Magnesita India Ltd. operates in the Capital Goods sector, focusing on the production and supply of refractory products for industrial processes. The stock belongs to the Capital Goods sector.

How does RHI Magnesita India Ltd. compare with its peers?

Ans. RHI Magnesita India Ltd. has a market cap of Rs 8,022.58 crore, making it a significant player compared to peers like HLE Glascoat Ltd. and Windsor Machines Ltd. Comparable listed companies include MPF Systems Ltd., HLE Glascoat Ltd., Windsor Machines.

What is the sector benchmark P/E ratio?

Ans. The sector benchmark P/E ratio for the Capital Goods sector has a median of 23.85, providing a context for evaluating company valuations. The relevant peer median P/E is 23.85x. The peer average P/E is 73.66x.