RHI MAGNESITA INDIA LIMITED Share Price Today

Techno Funda Ratings

RS Rating
33
Weak
EPS Rating
2
A/D Rating
A+
Excellent

Key Metrics

Current Price

₹420.35

Market Cap

₹ 8,680 Cr.

Stock P/E

78.8

ROE

2.91 %

RSI

70.26

Trend

Bullish

Share Price Chart

Technical Commentary

RHI Magnesita India Ltd currently shows Bullish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of A+, a Relative Strength Rating of 33 and an EPS Rating of 2. TI65 trend indicator currently remains Neutral.

Buy or Sell Analysis

Short-Term Momentum Caution (Hold / Overbought Climax). While RHI Magnesita India Ltd exhibits a robust structural uptrend, trading well above its 50-day moving average (388.36) and 200-day moving average (424.03), the daily relative strength index (RSI) has expanded to 70.26. This signals an overextended momentum phase. The corporate fundamentals remain solid with a Return on Equity (ROE) of 2.91% against a trailing Stock P/E of 78.8, confirming that the move is supported by earnings efficiency. However, entering fresh long positions at current market price increases the risk of catching a short-term blow-off top. Active swing traders should trail stop losses tightly beneath immediate trailing supports, while investors should defer fresh capital allocation until a healthy mean-reversion pullback occurs toward classical pivot points or the immediate floor zone (S1/S2 levels).

Company Overview

RHI Magnestia India ltd earlier known as Orient Refractories Limited (ORL) is in the business of manufacturing and marketing special refractory products, systems and services to the steel industry in India and Globally. It is a market leader for special refractories in India and has many global customers for its international quality products.[1]

RHI Magnesita India Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest RHI Magnesita India Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the RHI Magnesita India Ltd share price chart currently indicates a Bullish trend based on moving averages and RSI momentum analysis.

Technical Analysis

Swipe table horizontally →
IndicatorValue
Current Price420.35
RSI (14)70.26
50 DMA388.36
200 DMA424.03
TrendBullish
A/D RatingA+
RS Rating33
EPS Rating2
TI651.01
TI65 TrendNeutral

Pivot Points Analysis

Daily pivot points for RHI MAGNESITA INDIA LIMITED calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

Swipe table horizontally →
LevelValue
R3₹450.54
R2₹437.92
R1₹429.14
PP₹416.52
S1₹407.74
S2₹395.12
S3₹386.34

Financial Ratios

Swipe table horizontally →
MetricValue
Market Cap₹ 8,680 Cr.
Current Price₹ 420
High / Low₹ 538 / 323
Stock P/E78.8
Book Value₹ 172
Dividend Yield0.59 %
ROCE6.52 %
ROE2.91 %
Face Value₹ 1.00

Quarterly Results

Swipe table horizontally →
QuarterSalesProfitOPM
Mar 2023875-6795%
Jun 20239284714%
Sep 20239877215%
Dec 20239233913%
Mar 2024943-25816%
Jun 20248797318%
Sep 20248674612%
Dec 20241,0114812%
Mar 20259183610%
Jun 20259603511%
Sep 20251,0353811%
Dec 20251,0926213%
Mar 2026932-5189%

Shareholding Pattern

Swipe table horizontally →
HolderHolding
Promoters 69.62%
FIIs 5.67%
DIIs 4.97%
Public 19.74%
No. of Shareholders13,971

Pros and Cons

Pros

  • Aggressive price velocity driving asset values comfortably higher above the 50 DMA (388.36).

Cons

  • Valuation metrics appear elevated with a trailing P/E of 78.8, demanding high performance requirements.

Related NSE Stocks

Frequently Asked Questions

What is the current technical trend and RSI for RHI Magnesita India Ltd share?

Based on the latest closing data, the technical momentum for RHI Magnesita India Ltd is currently evaluated as Bullish. The stock is exhibiting an RSI (14) of 70.26, indicating it is trading in a technically overbought zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (388.36) defining immediate multi-day trend patterns.

What are the key resistance and support pivot points for RHI Magnesita India Ltd?

According to Classic Pivot Point methodologies, the core trading floor for RHI Magnesita India Ltd today centers at a Pivot Point (PP) of ₹416.52. Upside resistance challenges are calculated at R1: ₹429.14, R2: ₹437.92, and R3: ₹450.54. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹407.74, S2: ₹395.12, and S3: ₹386.34.

How does the fundamental ROE and P/E ratio look for RHI Magnesita India Ltd?

RHI Magnesita India Ltd is currently trading with a valuation metrics context of a Stock P/E of 78.8, against a core structural efficiency Return on Equity (ROE) standing at 2.91 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 2, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

Should I buy or sell RHI Magnesita India Ltd shares based on corporate rankings?

Our dynamic trade matrix suggests a status of: Short-Term Momentum Caution (Hold / Overbought Climax). While RHI Magnesita Indi... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of A+, a Relative Strength (RS) ranking of 33, and long-term trend backing from the TI65 indicator (Neutral pattern).

🟣 Zerodha Best Overall 🟢 FYERS Best Charts 🔵 Upstox Beginner Friendly