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  7. Raghav Productivity Enhancer Limited
Financial RatiosPE RatioShareholdingDividendQuarterly ResultsBalance SheetProfit & LossCash Flow

Raghav Productivity Enhancer Limited Stock Price Today (NSE: RPEL)

Raghav Productivity Enhancer Limited

RPELElectrodes & Refractories
₹706.45₹5.00 (0.70%)↓
As on 20 Apr 2026, 08:28 am ISTMarket Open

Fundamental Score

...

Raghav Productivity Enhancer Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Raghav Productivity Enhancer Limited share price today is ₹706.45, down 0.70% on NSE/BSE as of 20 April 2026. Raghav Productivity Enhancer Limited (RPEL) is a Small-cap company in the Electrodes & Refractories sector with a market capitalisation of ₹4.68K (Cr). The 52-week high for RPEL share price is ₹1065.50 and the 52-week low is ₹561.30. At a P/E ratio of 102.87x, RPEL is currently trading above its industry average P/E of 39.96x. The company has a Return on Equity (ROE) of 20.51% and a debt-to-equity ratio of 0.03.

Raghav Productivity Enhancer Limited Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
-0.70%

Institutional Deep-Dive

Bull Run Research Hub

Live Price:₹706.45— Analysis below may reference an earlier price snapshot.

Raghav Productivity Enhancer Share Price: A ROCE-Focused Analysis

The electrodes and refractories industry is currently witnessing a consolidation phase, with companies strategically acquiring smaller players to enhance market share and improve pricing power. This analysis examines the Raghav Productivity Enhancer share price (₹742.599976) through the lens of Return on Capital Employed (ROCE), a key indicator of efficiency. Trading at a PE ratio of 102.87, the question arises if the market valuation appropriately reflects the company's operational performance.

Raghav Productivity Enhancer Limited boasts a ROCE of 25.8%. This is a critical figure because it reveals how effectively the company is deploying capital to generate profits. A high ROCE, like the one Raghav demonstrates, suggests a wider economic moat. This moat comes from the company's ability to reinvest profits at high rates of return, further strengthening its competitive position. A business with a strong ROCE consistently outperforms its peers and creates greater value for its shareholders, and this is one factor potentially supporting the stock's current valuation.

Comparing Raghav Productivity Enhancer Limited with its peers provides further context. Let's consider Morgan Ventures Limited. While precise internal management quality metrics are difficult to quantify publicly, observing factors like strategic decisions, capital allocation efficiency, and the company's responsiveness to market changes can offer insights into management effectiveness. A direct comparison of Raghav's management with that of Morgan Ventures would require deeper proprietary research, which is beyond the scope of this high-level analysis. However, relative ROCE figures can provide hints about effective management.

It's important to note that a high PE ratio coupled with a strong ROCE suggests that the market anticipates continued growth and sustained efficiency. Any future decline in ROCE could negatively impact the Raghav Productivity Enhancer share price. This analysis forms part of a more extensive 80-parameter fundamental audit that has been verified by Sweta Mishra. This analysis is purely observational and does not constitute financial advice. It is based on publicly available data and intended for informational purposes only.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Raghav Productivity Enhancer Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
2 Apr 26₹611.30₹637.20₹601.90₹626.8528.72K (Cr)
1 Apr 26₹581.05₹635.00₹581.05₹625.6552.80K (Cr)
30 Mar 26₹591.85₹603.70₹561.30₹566.4050.74K (Cr)
27 Mar 26₹636.40₹646.70₹598.60₹600.0575.14K (Cr)
25 Mar 26₹620.00₹643.40₹618.05₹629.3543.02K (Cr)
24 Mar 26₹610.00₹618.80₹597.05₹609.8062.45K (Cr)
23 Mar 26₹645.85₹645.85₹583.50₹591.7599.45K (Cr)
20 Mar 26₹640.85₹652.00₹637.70₹642.6032.54K (Cr)
19 Mar 26₹652.05₹653.50₹636.80₹637.7026.17K (Cr)
18 Mar 26₹641.00₹668.00₹641.00₹658.7564.26K (Cr)

Raghav Productivity Enhancer Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
Apr 2026₹581.05₹637.20₹581.05₹626.85+7.88%
Mar 2026₹680.50₹705.00₹561.30₹566.40-16.77%
Feb 2026₹737.25₹789.00₹684.00₹706.45-4.18%
Jan 2026₹951.00₹975.90₹665.00₹742.60-21.91%
Dec 2025₹1006.00₹1065.50₹907.50₹950.90-5.48%
Nov 2025₹793.25₹1065.00₹780.00₹1009.35+27.24%
Oct 2025₹643.00₹810.00₹636.70₹781.65+21.56%
Sept 2025₹569.45₹702.00₹566.65₹642.85+12.89%
Aug 2025₹640.20₹641.95₹567.10₹569.45-11.05%
Jul 2025₹703.40₹736.00₹617.00₹633.85-9.89%
Jun 2025₹720.05₹764.60₹670.60₹698.15-3.04%
May 2025₹624.00₹747.00₹565.25₹720.15+15.41%

AI Research Briefing

Powered by Gemini · 2026-04-15

Overvalued micro-cap betting on the green steel hype; one narrative shift away from disaster.

Research Confidence
5.0/10Moderate
WAR NARRATIVE TRADEConsolidation after a strong 3-month rally of 64.52%.Expensive - P/E of 102.87x vs. industry P/E of 39.96x.

⚡WHAT'S HAPPENING NOW (last 2-4 weeks):

No major catalysts found after live search. Recent news includes SEBI compliance filings, and disclosures under SEBI Takeover Regulations by Sanjay Kabra. Trading window closures were announced.

�� CORE STORY (THE REAL GAME):

Raghav Productivity is a play on the increasing demand for refractories driven by the shift towards green steel production using Electric Arc Furnaces (EAF). It's about riding the decarbonization wave in the steel industry, not just selling ramming mass.

�� WHAT IS DRIVING THE STOCK:

EAF Steel Demand: The global shift to EAF steelmaking is creating demand for refractories.

Capacity Expansion: RPEL has significantly increased its capacity.

Q3FY26 Results: Revenue up 17% YoY to ₹64 crore, PAT up 44% YoY to ₹14 crore.

⚖️ BULL vs BEAR:

Bull:EAF adoption accelerates, driving higher refractory demand and pricing power. RPEL's increased capacity allows it to capture market share.

Bear:Valuation is stretched at a P/E of 102.87x vs. an industry P/E of 39.96x. Decarbonization hype fades, EAF adoption stalls, or cheaper substitutes emerge. Micro-cap liquidity risk is high.

�� WHAT MARKET IS PRICING:

The market is pricing in continued high growth driven by the green steel narrative. If EAF adoption slows, or competition intensifies, the stock will correct sharply.

�� BOTTOM LINE:

RPEL is a high-risk, high-reward play on the green steel theme. Valuation is insane. If the narrative cracks, this stock implodes.

Why Now
  • EAF steel adoption narrative gaining traction
  • Strong Q3FY26 results
  • Capacity expansion complete
Potential Catalysts
  • Faster than expected EAF adoption
  • Significant order wins
  • Further capacity expansions
Key Risks
  • Micro-cap liquidity risk
  • Stretched valuation
  • Governance risks typical of small promoter-led companies
Institutional Activity

FII ownership is negligible at 0.15%, indicating limited institutional interest.

Macro Context

India's refractories market is projected to grow at a CAGR of 9.9% from 2026 to 2033, providing a tailwind.

Order Book / Expansion

No major news found after live search.

Cash Flow Quality

Weak. Free Cash Flow 5Y is only ₹6.12 Cr.

3–6 Month Outlook

If EAF steel adoption continues, RPEL could benefit. However, current valuation leaves no room for error. 3-6 month view: Expect volatility and high sensitivity to news flow.

Primary Thesis Risk

Decarbonization hype fades, leaving RPEL with a massively inflated valuation.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

ROE

20.51%
Excellent

ROCE

25.80%
Excellent

OPM (5Y)

26.73%

Div Yield

0.10%

Raghav Productivity Enhancer Limited Valuation Check

Poor

P/E Ratio

102.87x
Poor

Industry P/E

39.96x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

4.68K (Cr)

Shareholding Pattern

Excellent

Promoter

62.91%
Poor

FII

0.15%
Poor

DII

0.00%
Excellent

Pledged

0.00%

Growth Engine

Excellent

Profit Growth (Q)

58.17%
Excellent

Sales Growth (Q)

29.46%

Sales Growth (5Y)

N/A

EPS Growth (5Y)

N/A

Profit Growth (5Y)

N/A

Balance Sheet Health

Excellent

Debt to Equity

0.03x
Excellent

Int. Coverage

72.43x

Free Cash Flow (5Y)

6.12 (Cr)

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Raghav Productivity Enhancer Limited Fundamental Analysis & Valuation Benchmarking

Educational evaluation of RPEL across key market metrics for learning purposes.

Positive Indicators

9 factors identified

Strong Return on Equity (20.51%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (25.80%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (26.73%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (58.17%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (29.46%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Conservative Debt Levels (D/E: 0.03)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (72.43x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (62.91%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Premium Valuation Risk (P/E: 102.87x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Limited Institutional Interest (FII+DII: 0.15%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Peer Comparison - Electrodes & Refractories

Compare Raghav Productivity Enhancer Limited with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Overall score
Valuation
Price metrics
Profitability
Return metrics
Financial Health
Debt management
Growth
5Y performance
Dividend
Yield %
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
Raghav Productivity Enhancer LimitedRaghav Producti...Selected✓
RPEL • 539837
54/100
₹706.45₹706
₹4676.50₹4676.50
102.87Average
102.9
Average
20.51%Excellent
20.51%
Excellent
25.80%Excellent
25.80%
Excellent
0.03Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.10%
Graphite India LtdGraphite India ...
GRAPHITE • 509488
49.7/100
₹687.00₹687
₹10744.66₹10744.66
44.58Average
44.6
Average
8.00%Poor
8.00%
Poor
0.00%Poor
0.00%
Poor
0.05Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Hindustan Electro Graphite LimitedHindustan Elect...
HEG • 509631
55.6/100
₹637.60₹638
₹10076.31₹10076.31
39.07Average
39.1
Average
2.59%Poor
2.59%
Poor
0.00%Poor
0.00%
Poor
0.14Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Vesuvius India LtdVesuvius India ...
VESUVIUS • 520113
63.7/100
₹506.25₹506
₹9742.06₹9742.06
39.96Average
40.0
Average
19.30%Good
19.30%
Good
0.00%Poor
0.00%
Poor
0.01Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
RHI Magnesita India LtdRHI Magnesita I...
RHIM • 534076
43.1/100
₹400.50₹401
₹9589.93₹9589.93
60.95Average
61.0
Average
5.19%Poor
5.19%
Poor
0.00%Poor
0.00%
Poor
0.10Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Ifgl Refractories LtdIfgl Refractori...
IFGLEXPOR • 540774
35.4/100
₹173.63₹174
₹1592.76₹1592.76
53.54Average
53.5
Average
3.94%Poor
3.94%
Poor
0.00%Poor
0.00%
Poor
0.19Excellent
0.2
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
MONOLITHSMMONOLITHSM...
MONOLITH •
67.7/100
₹472.00₹472
₹1187.33₹1187.33
67.54Average
67.5
Average
53.30%Excellent
53.30%
Excellent
0.00%Poor
0.00%
Poor
0.00Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Morgan Ventures LimitedMorgan Ventures...
MORGAN • 523160
54.4/100
₹51.56₹52
₹859.94₹859.94
34.02Average
34.0
Average
21.35%Excellent
21.35%
Excellent
0.00%Poor
0.00%
Poor
0.02Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Orient Ceratech LtdOrient Ceratech...
ORIENTCER • 504879
37.7/100
₹42.65₹43
₹522.07₹522.07
30.78Average
30.8
Average
3.54%Poor
3.54%
Poor
0.00%Poor
0.00%
Poor
0.16Excellent
0.2
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
De Nora India LtdDe Nora India L...
DENORA • 590031
36.8/100
₹810.10₹810
₹364.92₹364.92
137.71Average
137.7
Average
1.84%Poor
1.84%
Poor
0.00%Poor
0.00%
Poor
0.00Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Panasonic Carbon India Co LtdPanasonic Carbo...
PANCARBON • 508941
56.8/100
₹479.50₹480
₹238.58₹238.58
10.80Average
10.8
Average
12.66%Average
12.66%
Average
0.00%Poor
0.00%
Poor
0.00Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%

Raghav Productivity Enhancer Limited Financial Statements

Comprehensive financial data for Raghav Productivity Enhancer Limited including income statement, balance sheet and cash flow

About RPEL (Raghav Productivity Enhancer Limited)

Raghav Productivity Enhancer Limited is a dynamic force in the realm of high-temperature industrial materials, specializing in the creation and distribution of essential components... for extreme heat applications. They stand as a significant provider of specialized electrodes and refractory solutions tailored to the demands of diverse industries. Beyond merely supplying raw materials, RPEL crafts engineered solutions that withstand intense thermal stress, providing a critical function in processes requiring high temperatures. Their portfolio encompasses a range of advanced refractory products and specialized electrode materials, each designed to enhance the longevity and efficiency of critical industrial equipment. By understanding the unique challenges of each customer, RPEL aims to be a trusted partner, supplying materials that are both durable and optimized for specific operational parameters. The company's expertise lies in formulating refractory solutions that act as essential barriers against the unrelenting forces of heat within furnaces, kilns, incinerators, and reactors. RPEL’s products are vital to maintaining structural integrity and operational efficiency, allowing industries to push the boundaries of high-temperature processing. Through careful selection of raw materials and precise manufacturing processes, they create refractory linings that resist corrosion, erosion, and thermal shock, ensuring the safety and reliability of industrial processes. Their electrode offerings are similarly crucial, providing reliable conductive pathways for electricity in demanding applications such as electric arc furnaces. This comprehensive approach to thermal protection and energy conduction solidifies RPEL's position as a comprehensive solutions provider. RPEL serves as a crucial link in the supply chain for a diverse range of sectors, including steel manufacturing, foundry operations, and waste incineration facilities. By offering bespoke refractory solutions and specialized electrode materials, RPEL empowers these industries to operate efficiently and effectively. Recognizing the global nature of modern industry, RPEL also engages in international trade, extending its reach and solidifying its presence in the global market. The company remains committed to continuous improvement, constantly refining its products and processes to meet the ever-evolving demands of high-temperature industrial environments. With a focus on quality, reliability, and customer satisfaction, RPEL is dedicated to being a driving force behind productivity enhancement.

Company Details

Symbol:RPEL
Industry:Electrodes & Refractories
Sector:Electrodes & Refractories
Website:https://www.rammingmass.com

Key Leadership

Mr. Sanjay Kabra
Executive Chairman & Whole-Time Director
Mr. Rajesh Kabra
CEO, MD & Executive Director
Mr. Deepak Jaju
Chief Financial Officer

Corporate Events

Recent
Ex-Dividend Date
2025-08-14

RPEL Share Price: Frequently Asked Questions

What is the current share price of Raghav Productivity Enhancer Limited?

As of 20 Apr 2026, 08:28 am IST, Raghav Productivity Enhancer Limited share price is ₹706.45. The Raghav Productivity Enhancer Limited stock has a market capitalisation of ₹4.68K (Cr) on NSE/BSE.

Is Raghav Productivity Enhancer Limited share price Overvalued or Undervalued?

Raghav Productivity Enhancer Limited share price is currently trading at a P/E ratio of 102.87x, compared to the industry average of 39.96x. Based on this relative valuation, the Raghav Productivity Enhancer Limited stock appears to be Overvalued against its sector peers.

What is the 52-week high and low of Raghav Productivity Enhancer Limited share price?

The 52-week high of Raghav Productivity Enhancer Limited share price is ₹1065.50 and the 52-week low is ₹561.30. These values are updated daily from NSE/BSE price data.

What factors affect the Raghav Productivity Enhancer Limited share price?

Key factors influencing Raghav Productivity Enhancer Limited share price include quarterly earnings growth (Sales Growth: 29.46%), raw material costs, government spending, and institutional flows (FII/DII holding).

Is Raghav Productivity Enhancer Limited a good stock for long-term investment?

Raghav Productivity Enhancer Limited shows a 5-year Profit Growth of N/A% and an ROE of 20.51%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.03 before investing in Raghav Productivity Enhancer Limited shares.

How does Raghav Productivity Enhancer Limited compare with its industry peers?

Raghav Productivity Enhancer Limited competes with major peers in the Electrodes & Refractories. Investors should compare Raghav Productivity Enhancer Limited share price P/E of 102.87x and ROE of 20.51% against the industry averages to determine competitive standing.

What is the P/E ratio of Raghav Productivity Enhancer Limited and what does it mean?

Raghav Productivity Enhancer Limited share price has a P/E ratio of 102.87x compared to the industry average of 39.96x. Investors pay ₹103 for every ₹1 of annual earnings.

How is Raghav Productivity Enhancer Limited performing according to Bull Run's analysis?

Raghav Productivity Enhancer Limited has a Bull Run fundamental score of 54/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does Raghav Productivity Enhancer Limited belong to?

Raghav Productivity Enhancer Limited operates in the Electrodes & Refractories industry. This classification helps understand the competitive landscape and sector-specific trends affecting Raghav Productivity Enhancer Limited share price.

What is Return on Equity (ROE) and why is it important for RPEL?

RPEL has an ROE of 20.51%, which indicates excellent management efficiency. ROE measures how efficiently Raghav Productivity Enhancer Limited generates profits from shareholders capital.

How is RPEL debt-to-equity ratio and what does it indicate?

RPEL has a debt-to-equity ratio of 0.03, which indicates conservative financing with low financial risk.

What is RPEL dividend yield and is it a good dividend stock?

RPEL offers a dividend yield of 0.10%, meaning you receive ₹0.10 annual dividend for every ₹100 invested in Raghav Productivity Enhancer Limited shares.

How has RPEL share price grown over the past 5 years?

RPEL has achieved 5-year growth rates of: Sales Growth N/A%, Profit Growth N/A%, and EPS Growth N/A%.

What is the promoter holding in RPEL and why does it matter?

Promoters hold 62.91% of RPEL shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Raghav Productivity Enhancer Limited.

What is RPEL market capitalisation category?

RPEL has a market capitalisation of ₹4677 crores, placing it in the Small-cap category.

How volatile is RPEL stock?

RPEL has a beta of N/A. A beta > 1 suggests the Raghav Productivity Enhancer Limited stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is RPEL operating profit margin trend?

RPEL has a 5-year average Operating Profit Margin (OPM) of 26.73%, indicating the company's operational efficiency.

How is RPEL quarterly performance?

Recent quarterly performance shows Raghav Productivity Enhancer Limited YoY Sales Growth of 29.46% and YoY Profit Growth of 58.17%.

What is the institutional holding pattern in RPEL?

RPEL has FII holding of 0.15% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Raghav Productivity Enhancer Limited stock.

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