Rajratan Global Wire Ltd is engaged in the business of manufacturing and selling Tire Bead Wire. And this company is known as one of the largest bead wire manufacturers in Asia. Apart from this business the company also has a wind mill available in India for power generation.
This company is mainly engaged in manufacturing bead wire and high carbon steel wire, which is used in tires and drawn steel wire. RGWL’s most modern factory is located at Pithampur, 25 kilometers from Indore, a major industrial hub of Madhya Pradesh (India).
The company has become a global leader in the tire bead wire business in India. Rajratan Global Wire was listed on BSE in the year 1995 and on NSE in the year 2020 and since its listing, the company has provided its investors with an excellent Made the return.
The company has given very good returns since its listing. So let’s analyze the performance of this company’s shares on the basis of Bombay Stock Exchange (BSE) data.
Rajratan Global Wire Share Price History
The stock of Rajratan Global Wire Limited was listed on BSE in 1995, and then the price of one of its shares was around ₹ 2.06, since then till now the company has performed well and currently the price of one of its shares is around ₹ 725.90. Since its listing, the company has given a return of approximately 35,137.86% to its investors. And the company’s performance has always been good.
Rajratan Global Wire Share has been a multibagger stock of 2016 and 2021. In the month of January in 2016, the price of one stock of the company was around Rs 17.13 and by the end of the year it reached around Rs 54.59.
Due to which the money of the investors investing in this stock had almost tripled in a single year, similarly in 2021 this stock gave a profit of 4.5x to its investors.
Listing Since its listing in 1995, Rajratan Global Wire Share has increased its investors’ money almost 7 times on annual basis, ranging from 2 times to 4 times. At the same time, it has given excellent annual returns of 25% to 60% to its investors about 5 times.
Rajratan Global Wire Share’s all-time Performance
Rajratan Global Wire was listed on BSC in 1995. And the company has been performing well since its listing and has earned excellent returns to its investors. At the time of listing, the price of one share of the company was trading at around ₹ 2.06, today it has increased to ₹ 725.90. is doing business and has given returns of approximately 35,137.86% to its investors so far.
Investors who would have invested ₹ 1 lakh in this share about 25 years ago, the value of those shares would have increased to around ₹ 7.90 crore today. If we look at its annual returns, the company has given approximately 60% annual returns to its investors in the last 5 years.
In this way, the share value of the company seems to be trading at its best level today. However, investors should consult their financial advisor before making any investment.
Rajratan Global Wire Share 10 Years Performance
Rajratan has been making good returns to its investors since its listing in Global Wire. Today, where 10 years ago the price of one share of the company was trading at ₹ 9.42, today it has increased to ₹ 725.90.
The price of shares of those investors who had invested ₹ 1 lakh in this stock 10 years ago and kept it on hold till now, has increased to about ₹ 89.50 lakh today. And in the last 10 years, the stock price of the company has seen a CAGR growth of 56.75%.
Rajratan Global Wire Share 5 Years Performance
The performance of the company in the last five years has also been very good. Five years ago, the price of one share of the company was around ₹ 60.64. In the last 5 years, its stock price has given a return of approximately 1,097.06% to its investors,
so that those investors who had invested ₹ 1 lakh in this company five years ago, today the value of their shares has increased to approximately ₹ 12.50 lakh has been done. In the last 5 years, a CAGR growth of 65.78% has been seen in the stock price of this company.
Rajratan Global Wire Share 15 Years Performance
Looking at the performance of the share of Rajratan Global Wire in the last 15 years, it has also been very good because 15 years ago, the share price of this company was trading at around ₹ 5.90 on BSE, from where till now the company’s stock has Has given a return of approximately 12165.30%.
So that any investor who had invested ₹ 1 lakh in the shares of this stock 15 years ago and held it, the value of those shares would have increased to about ₹ 1.20 crore today.
In the last fifteen years, the average return of the company on annual basis to the investors has been around 37.80%. Thus, with this excellent return, this company has been successful in giving good returns to its investors.
FAQ
What is Rajratan Global Wire?
Manufacturer
What are its products?
Tyre bead wire, high carbon steel wire
Who are its customers?
Tyre manufacturers
Where is its manufacturing facility located?
Pithampur, Madhya Pradesh, India
When was it founded?
1992
Is it a listed company?
Yes
What is its stock code?
RGW01
