Rasi Electrodes Limited manufactures and markets welding electrodes and consumables under the RASI brand in India. The company offers low heat input welding alloys for cast iron, copper and non-ferrous alloys, cutting and gouging, nickel and nickel alloys, hard facing and wear resistance, dissimilar and stainless steels, and steel; metal inert gas wires, such as copper coated mild steel, low alloy high tensile, stainless steel, and zero-copper mild steel welding wires; and tungsten inert gas wires, including aluminum, brazing, and stainless-steel filler, as well as mild steel and low alloy wires. It also provides submerged arc welding wires and welding flux; welding electrodes comprising 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; and tungsten rods. In addition, the company offers natural rutile ores; grinding and cutting wheels; and carbon steel, stainless steel, and hard facing flux cored wires, as well as metal cored wires, and low alloy high tensile. Further, it provides stick welding electrodes; welding equipment, which include transformers, rectifiers, and MIG, MAG, TIG, and multi-function machines; and power tools and equipment. The company serves public sector undertakings, larger private sector engineering conglomerates, and other original equipment manufacturers. 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 | 18.4x | 22.4x | 12.7x | |
PEG Ratio | −0.78 | 0.09 | 0.03 | |
Price/Book | 1.5x | 2.1x | 1.4x | |
Price / LTM Sales | 0.7x | 1.6x | 1.3x | |
Upside (Analyst Target) | - | 28.0% | 17.5% | |
Fair Value Upside | Unlock | −2.3% | 5.6% | Unlock |