
Rhetan TMT (RHETAN) Share Price Falls 9.61%: What Rhetan TMT Share Price Today Shows
Updated: 24 Aug 2026 • 9:50 am
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Rhetan TMT Share Price fell sharply today, with Rhetan TMT closing at Rs 21.91, down 9.61% from the previous close of Rs 24.24. The company’s market capitalisation stands at Rs 1,931.63 crore, placing it in the Small Cap category. The move makes Rhetan TMT Stock News relevant for investors tracking a same-day share price decline, especially because the supplied data confirms the price event but does not establish a company-specific catalyst. In today’s session, the stock traded between Rs 23.76 and Rs 21.85 after opening at Rs 23.49, and turnover stood at Rs 1.08 crore. Univest is tracking the live move as part of the latest market update, while the figures also help frame Rhetan TMT Share Price Today in context.
From a research perspective, the decline is meaningful because the stock is now trading below its previous close and near the day’s low. However, the supplied data only supports the price action itself; it does not identify why Rhetan TMT Share Price moved lower. That makes today’s update useful for readers searching Rhetan TMT Share Price Fall, Rhetan TMT Stock Falling Today, and Rhetan TMT Share Price News.
Rhetan TMT (RHETAN) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 21.91 |
| Previous Close | Rs 24.24 |
| Today's Move | -Rs 2.33 (-9.61%) |
| Open | Rs 23.49 |
| High | Rs 23.76 |
| Low | Rs 21.85 |
| Turnover | Rs 1.08 crore |
| Market Capitalisation | Rs 1,931.63 crore |
| Market Cap Category | Small Cap |
Rhetan TMT Share Price Today reflects a clear single-day decline rather than a broader multi-session trend statement. The stock finished at Rs 21.91, below the previous close of Rs 24.24, a day change of Rs -2.33 or -9.61%. It opened at Rs 23.49, touched a day high of Rs 23.76 and a day low of Rs 21.85, which shows that today’s range stayed relatively contained around the lower end of the session. Turnover was Rs 1.08 crore, a factual traded-value figure that helps size the day’s activity without adding any behavioural interpretation.
The market capitalisation of Rs 1,931.63 crore places Rhetan TMT in the Small Cap category, which is useful context when reading Rhetan TMT Share Price and Rhetan TMT Share Price Today. This is a stock-specific price fall, not a sector-wide judgement. The supplied data confirms today’s move and the exact session levels, but it does not establish a company-specific catalyst or any external trigger. For readers following Rhetan TMT Stock News and Rhetan TMT Share Price Update, the immediate takeaway is that the stock closed materially below the prior session and near the lower end of its intraday band. That sets up the next question around valuation and financial context, which matters for any Rhetan TMT Stock Analysis.
Rhetan TMT (RHETAN) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,931.63 crore |
| P/E Ratio | 152.14x |
| P/B Ratio | 17.28x |
| ROE | 3.51% |
| ROCE | 4.61% |
| EPS | Rs 0.16 |
| Book Value Per Share | Rs 1.4 |
| Dividend Yield | 0% |
EPS is Rs 0.16, which means earnings attributable to each share are very small relative to the share price. Book value is Rs 1.4 per share, which is the accounting net worth behind each share. Dividend yield is 0, so the current data does not show a dividend payout contribution to the return profile. ROE is 3.51% and ROCE is 4.61%, both modest in absolute terms. In a Rhetan TMT Fundamental Analysis, these numbers matter because they show how the current price relates to earnings, asset backing and capital efficiency. For Rhetan TMT Stock News readers, the combination of a sharp daily fall and these valuation ratios keeps the stock in focus. Univest uses these disclosures to frame the move without turning the data into a recommendation.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 152.14x |
| Benchmark Median P/E | 20.45x |
| Benchmark Average P/E | 32.84x |
| Benchmark P/E Range | 0.3x to 244.8x |
| Company P/B Ratio | 17.28x |
| Benchmark Median P/B | 1.53x |
| Benchmark Average P/B | 2.18x |
| Company ROE | 3.51% |
| Benchmark Median ROE | 8.88% |
| Benchmark Average ROE | -7.64% |
| Company ROCE | 4.61% |
| Benchmark Median ROCE | 11.61% |
| Benchmark Average ROCE | 8.51% |
| Company Market Capitalisation | Rs 1,931.63 crore |
| Benchmark Median Market Cap | Rs 281.73 crore |
| Benchmark Average Market Cap | Rs 7,921.89 crore |
Rhetan TMT operates in the Iron & Steel sector and the Steel & Iron Products industry, and the supplied benchmark set covers the same industry with 138 companies. That benchmark scope matters because it lets Rhetan TMT Share Price be compared with a broad peer universe rather than a single isolated company. On valuation, Rhetan TMT’s P/E of 152.14 is far above the sector median P/E of 20.45, sector average P/E of 32.84 and even the benchmark maximum of 244.8. Its P/B of 17.28 is also much higher than the sector median P/B of 1.53 and sector average P/B of 2.18.
On profitability, ROE of 3.51% is below the sector median ROE of 8.88%, and ROCE of 4.61% is below the sector median ROCE of 11.61%. The market-cap median for the benchmark set is Rs 281.73 crore, while the average is Rs 7,921.89 crore; Rhetan TMT’s market capitalisation of Rs 1,931.63 crore sits above the median and below the average. The data therefore places Rhetan TMT Share Price in a context where valuation is higher than the sector reference points while return ratios are lower than the benchmark medians. For Rhetan TMT News Today readers, that combination is central to any Rhetan TMT Stock Analysis and Rhetan TMT Fundamental Analysis.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JSW Steel | JSWSTEEL | 3,15,903.74 | 12.75 | 3.02 | 28.54 | 20.67 |
| Tata Steel | TATASTEEL | 2,27,947.91 | 20.66 | 2.21 | 11.44 | 12.7 |
| Steel Authority Of India | SAIL | 71,850.49 | 16.82 | 1.16 | 4.09 | 6.39 |
| Welspun Corp | WELCORP | 60,840.67 | 26.35 | 6.35 | 19.55 | 23.94 |
| APL Apollo Tubes | APLAPOLLO | 59,377.25 | 48.31 | 10.68 | 19.41 | 22.9 |
The peer set shows that Rhetan TMT Share Price sits alongside much larger listed names in the same industry. JSW Steel has a market cap of Rs 3,15,903.74 crore, P/E of 12.75, P/B of 3.02, ROE of 28.54% and ROCE of 20.67%. Tata Steel is at Rs 2,27,947.91 crore with P/E of 20.66 and ROE of 11.44%. Steel Authority Of India reports a P/E of 16.82 and P/B of 1.16, while Welspun Corp shows a P/E of 26.35 and ROCE of 23.94%.
Against these names, Rhetan TMT’s P/E of 152.14 and P/B of 17.28 are materially higher, while its ROE of 3.51% and ROCE of 4.61% are lower than the listed peer figures provided. The market cap of Rs 1,931.63 crore also remains much smaller than the peer companies named above. This does not explain the day’s price fall, but it does place Rhetan TMT Share Price within a valuation framework that investors often examine in Rhetan TMT Stock News, Rhetan TMT Share Price Today and Rhetan TMT Stock Analysis searches.
Why Investors Are Watching Rhetan TMT
- Rhetan TMT Share Price fell 9.61% today to Rs 21.91 from Rs 24.24.
- The day’s trading range was Rs 23.76 to Rs 21.85 after an open of Rs 23.49.
- Market capitalisation is Rs 1,931.63 crore, and the company is in the Small Cap category.
- P/E is 152.14 and P/B is 17.28, both above the sector medians of 20.45 and 1.53.
- ROE is 3.51% and ROCE is 4.61%, both below the sector medians of 8.88% and 11.61%.
About Rhetan TMT
Rhetan TMT belongs to the Iron & Steel sector and the Steel & Iron Products industry. The company is part of the broader listed universe that the sector benchmark data covers, and its stock is tracked on the NSE and BSE under the symbol RHETAN. The supplied dataset also places the company within a small-cap market-cap category, with a market value of Rs 1,931.63 crore. For readers following Rhetan TMT Share Price and Rhetan TMT Share Price Today, the company’s classification and valuation metrics are central to the day’s market update. Univest continues to present the stock in a factual, event-led format so users can connect price action with the disclosed fundamentals.
Track Rhetan TMT Share Price on Univest
Use Rhetan TMT (RHETAN) live share-price page,Univest top decliners screener,Univest market blogs to review live stock data, top decliners and related market analysis.
You can track Rhetan TMT Share Price on Univest for live updates, shareholding pattern, valuation ratios, market capitalisation, 52-week levels and company insights. Univest also brings together Rhetan TMT Stock News, Rhetan TMT Share Price Today and broader market context in one place for easy monitoring.
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 Rhetan TMT Share Price falling today?
Ans. Rhetan TMT Share Price fell 9.61% today to Rs 21.91. The supplied data confirms the price event, but it does not establish a company-specific catalyst or external reason for the decline.
What was Rhetan TMT Share Price today compared with the previous close?
Ans. Rhetan TMT Share Price closed at Rs 21.91 versus the previous close of Rs 24.24. That is a day change of Rs -2.33, which equals -9.61% for the session. The previous close was Rs 24.24.
What was the day’s high and low for Rhetan TMT Share Price?
Ans. Rhetan TMT Share Price traded between Rs 23.76 and Rs 21.85 today. The stock opened at Rs 23.49, so the close finished near the lower end of the day’s range.
What is the market capitalisation of Rhetan TMT?
Ans. Rhetan TMT’s market capitalisation is Rs 1,931.63 crore. The company is classified as a Small Cap, which provides factual size context for Rhetan TMT Share Price Today. The company operates in the Iron & Steel sector.
How do Rhetan TMT’s valuation ratios compare with the sector?
Ans. Rhetan TMT has a P/E of 152.14 and a P/B of 17.28. Both are above the sector median P/E of 20.45 and P/B of 1.53 in the same industry benchmark set.
What do ROE and ROCE show for Rhetan TMT?
Ans. Rhetan TMT reports ROE of 3.51% and ROCE of 4.61%. These figures are below the sector medians of 8.88% and 11.61%, which gives useful context for Rhetan TMT Fundamental Analysis.
How does Rhetan TMT compare with listed peers?
Ans. Rhetan TMT’s valuation is higher than the listed peer set shown, while its ROE and ROCE are lower than those of companies such as JSW Steel, Tata Steel and Welspun Corp.
What is EPS and book value for Rhetan TMT Share Price analysis?
Ans. EPS is Rs 0.16 and book value is Rs 1.4 per share. EPS shows earnings attributable to each share, while book value reflects the accounting net worth behind each share.
Where can investors track Rhetan TMT Share Price?
Ans. Investors can track Rhetan TMT Share Price on Univest for live share price, valuation metrics, shareholding pattern, 52-week levels and market insights in one place. The previous close was Rs 24.24.
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