Rudra Ecovation Ltd : On Tuesday, the shares of Rudra Ecovation Limited rose by two percent and reached the level of Rs 48.70. Rudra Ecovation Limited, a company that has a market cap of 420 crore rupees, saw its shares hit a 52-week record high on Tuesday.
The 52-week low for the shares of the company is 3.74. Shares of Rudra Ecovation Limited have given a return of 8.2% to investors in the last 5 days, a 12.1% return in the last 1 month, and a 563% return in the last 6 months.
Shares of Rudra Ecovation Limited were at the level of Rs 7.34 on August 28 from where investors’ wealth has increased by Rs 41.36.
The shares of Rudra Ecovation Limited, which was operating in the stock market at the level of 4.53 on February 27, 2023, have given a return of 975 percent to investors in one year.
The shares of Rudra Ecovation Limited were at the level of around ₹ 5 on March 1, 2019, from where investors have got a return of 2065 percent.
Shares of Rudra Ecovation Limited which was launched on the stock exchange for Rs 1.50 on the 21st of August 2014, have yielded an impressive return of 3147 percent for investors.
Rudra Ecovation Limited has informed the stock market that it has launched the company’s new brand Ellora in Bharat Tax 2024. Rudra Ecovation Limited is a leading pet waste recycling and sustainable fabric manufacturing company in India.
Rudra Ecovation Limited has said that Ellora is a revolutionary university wearable material that people like a lot.
Rudra Ecovation Limited, established in the year 1997, was earlier named Himachal Fibers Limited. The company is in the pet waste recycling business.
The company has a 100-acre plant in Ludhiana, Punjab where plastic waste is recycled.
About Rudra Ecovation Ltd
Himachal Fibres Limited is an Indian company. It is engaged in the production and distribution of yarns made from cotton polyester as well as knitted garments.
Products: Cotton yarn, Melange Yarn, cotton-Dyed Yarn, Open-End Yarn, as well as Blended Yarn.
Cotton yarn: Hosiery Yarn Carded, Weaving Yarn Carded Hosiery Yarn Combed, as well as Weaving Yarn Combed.
Melange Yarn: viscose or cotton Melange, Cotton or Polyester Melange, 100 % Melange and Polyester.
Cotton-Dyed Yarn: Hosiery Yarn weaving Yarn, Hosiery Yarn, weaving Yarn, and Carded & Combed T.F.O.
Open-End Yarn: CardedWeaving Yarn and Hosiery Double Yarn.
Fundamental Analysis of Rudra Ecovation Ltd
| Market Cap | ₹ 420 Cr. |
| Current Price | ₹ 48.7 |
| 52-wk High | ₹ 48.7 |
| 52-wk Low | ₹ 3.74 |
| Stock P/E | — |
| Book Value | ₹ 2.24 |
| Dividend | 0.00 % |
| ROCE | 3.42 % |
| ROE | -0.35 % |
| Face Value | ₹ 1.00 |
| P/B Value | 21.8 |
| OPM | -5.43 % |
| EPS | ₹ 0.00 |
| Debt | ₹ 6.61 Cr. |
| Debt to Equity | 0.34 |
Rudra Ecovation Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹50 | ₹53 |
| 2025 | ₹54 | ₹59 |
| 2026 | ₹60 | ₹65 |
| 2027 | ₹66 | ₹70 |
| 2028 | ₹75 | ₹100 |
| 2029 | ₹105 | ₹120 |
| 2030 | ₹121 | ₹134 |
Rudra Ecovation Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 54.54% |
| Mar 2023 | 54.54% |
| June 2023 | 54.54% |
| Sept 2023 | 54.54% |
| Dec 2023 | 16.28% |
| DII Holding | |
| Dec 2022 | 0.16% |
| Mar 2023 | 0.16% |
| June 2023 | 0.16% |
| Sept 2023 | 0.16% |
| Dec 2023 | 6.36% |
| Public Holding | |
| Dec 2022 | 45.29% |
| Mar 2023 | 45.30% |
| June 2023 | 45.29% |
| Sept 2023 | 45.29% |
| Dec 2023 | 77.35% |
Rudra Ecovation Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 47.76 Cr |
| 2020 | ₹ 42.66Cr |
| 2021 | ₹ 14.54 Cr |
| 2022 | ₹ 27.29 Cr |
| 2023 | ₹ 15.10 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 0.41 Cr |
| 2020 | ₹ -2.30 Cr |
| 2021 | ₹ -5.04 Cr |
| 2022 | ₹ -6.87 Cr |
| 2023 | ₹ 0.04 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.66 |
| 2020 | 0.55 |
| 2021 | 0.71 |
| 2022 | 0.95 |
| 2023 | 0.29 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | 14% |
| 3 Years: | 26% |
| Current Year: | -632% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | -8% |
| 5 Years: | -15% |
| 3 Years: | -26% |
| Last Year: | 0% |
Sales Growth Over 10 Years:
| 10 Years: | -14% |
| 5 Years: | -14% |
| 3 Years: | -14% |
| Current Year: | -45% |
Conclusion
This article is a complete guide about Rudra Ecovation Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
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