Rasi Electrodes Limited engages in the manufacture and sale of arc welding electrodes and copper coated mild steel wires for use in engineering and fabrication industries in India. It offers cast iron, cutting and couging, general purpose mild steel welding, hard surfacing welding, low hydrogen and creep resistance, non-ferrous, pipe welding, and stainless-steel welding electrodes. The company provides low heat input welding alloys for cast iron, copper and non-ferrous alloys, cutting and gouging, dissimilar steels, nickel and nickel alloys, stainless steels, hard facing and wear resistance, and steel. In addition, it offers copper coated mild steel, low alloy high tensile, stainless steel, and zero-copper mild steel welding wires; aluminum and brazing filler, mild steel and low alloy, and stainless steel filler wires; and sub arc welding wires and welding flux. Further, the company provides angle grinders and cutting machines; tungsten rods; arc and MIG welding, plasma cutting, and TIG welding machines; natural rutile ore products; grinding and cutting wheels; and carbon steel and hard facing flux, stainless still flux, and metal cored wires, as well as low alloy high tensile. It markets and sells its products to public sector undertakings, larger private sector engineering conglomerates, and other original equipment manufacturers under the RASI brand name. Rasi Electrodes Limited was incorporated in 1994 and is based in Chennai, India.
Metrics to compare | RAEL | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipRAELPeersSector | |
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P/E Ratio | 19.8x | 28.6x | 12.0x | |
PEG Ratio | 0.46 | 0.43 | 0.03 | |
Price/Book | 1.8x | 2.4x | 1.4x | |
Price / LTM Sales | 0.7x | 1.7x | 1.2x | |
Upside (Analyst Target) | - | 21.9% | 19.8% | |
Fair Value Upside | Unlock | −9.6% | 7.3% | Unlock |