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Added to YB: 2024-01-10

Pitch date: 2024-01-10

RAIN.NS [bullish]

Rain Industries Limited

-28.14%

current return

Author Info

Company Info

Rain Industries Limited, together with its subsidiaries, manufactures and sells carbon, advanced materials, and cement products in India and internationally.

Market Cap

INR 54.6B

Pitch Price

INR 148.83

Price Target

247.25 (+131%)

Dividend

0.62%

EV/EBITDA

8.26

P/E

-4.59

EV/Sales

0.75

Sector

Chemicals

Category

value

Show full summary:
Rain Industries (RAIN.NSE)

$RAIN.NS: Indian small-cap ($660M) making Al inputs (10% global share). Strong moats: low-cost prod (15%+ op margins), raw mat access. Mgmt to cut debt 15-18%. Al demand to recover driving growth. Cheap at 8x earn, 0.6x book. 247 PT on normalized earnings recovery.

Read full article (7 min)