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Business Update

Rasi Electrodes Business Update

Rasi Electrodes' board approved a related-party contract with Kashyap Wire Products, a proprietorship of the MD's wife, for solar power supply. The company states the contract is not material, with estimated billing of about Rs 1 lakh per month and a Rs 3.50 lakh security deposit.

Key figures
Execution period5 years from date in the agreement, renewable for a further 5 years
Source

BSE filing, NSE: RASIELEC. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Rasi Electrodes Ltd: key numbers

Share price
₹13.53
Market cap
₹42.12 Cr
Revenue (annual)
₹72.02 Cr
Net profit (annual)
₹3.52 Cr
P/E (TTM)
11.7×Sector 52.1×
Promoter holding
27.96%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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