Rain Industries Ltd.

NSE: RAIN | BSE: 500339 | ISIN: INE855B01025 | Industry: Petrochemicals
| Mid-range Performer
146.3400 -0.45 (-0.31%)
NSE Jun 06, 2025 15:31 PM
Volume: 346.9K
 

146.34
-0.31%
IDBI Capital
We raise our estimates and target price to Rs144; Maintain BUY. Key Highlights and Investment Rationale Strong growth in Carbon Products continues: During Q2CY17, Carbon Products segment EBITDA stood at Rs4,002 mn (+6.8% QoQ, +19.2% YoY). Chemical and Cement segment profitability falls: Chemical EBITDA fell by 35.1% YoY to Rs465mn due to unfavourable forex exposure and higher raw material costs; segment margins are likely to improve from Q3CY17. Cement EBITDA also fell 42.5% YoY to Rs211 mn on lower volumes and higher costs....
Rain Industries Ltd. is trading below its 150 day SMA of 149.0
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