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Navin Choudhary SEBI RIA

29th Sep 2024 · SEBI-Registered Analyst

Ram Ratna Wires Ltd

Ram Ratna Wires Limited is engaged in the manufacturing of winding wires, mainly enamelled copper wires. The company is the 2nd largest manufacturer of Winding Wire in South Asia. It is the only manufacturer of enameled copper wires in India, that offers the widest range from the thinnest wire of 18 microns (0.018mm) to 4.876 mm with intermediate sizes. With continuous demand and uptick in results - Company has delivered good profit growth of 25.6% CAGR over last 5 years, and Compounded Profit Growth in 5 Years: 26% and in 3 Years 49%, the stock is poised to cross 700 again and may touch 800.

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