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Trades about 2% below its sector, cheaper than its peers on earnings.
Ratnaveer Precision Engineering Limited specializes in the manufacturing, export, and supply of stainless-steel products. These products cater to both commercial and residential sectors, reaching markets in India and worldwide. Their diverse product portfolio encompasses items such as fabricated stainless-steel sheets, washers, specialized solar roofing hooks, and various types of pipes and tubes. These essential components are widely utilized across a broad spectrum of industries. Key sectors benefiting from their products include automotive, renewable energy (like solar and wind power), infrastructure (power plants, oil & gas), pharmaceuticals, plumbing, and construction, as well as general manufacturing for electrical and kitchen appliances. Established in 2000, the company is headquartered in Vadodara, India. Notably, the entity operated as Ratnaveer Metals Limited until its renaming to Ratnaveer Precision Engineering Limited in November 2022.
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