PE at 18! Small-cap stock hits 52-week high logging 14% intraday gain
New Delhi, July 27 -- Ratnaveer Precision Engineering, one of India's leading stainless steel product manufacturers, received a strong positive response from the stock market following the announcement of its financial results for the quarter ended June 30, 2026 (Q1 FY27).
The company's shares surged over 14% in intraday trade on Monday, July 27, touching a fresh 52-week high of Rs.204 before settling at Rs.200 apiece, reflecting growing investor confidence in its strong financial performance, strategic expansion initiatives, and long-term growth outlook.
For Q1 FY27, the company reported total revenue of Rs.318 crore, registering 20% year-on-year growth from Rs.265 crore in the corresponding quarter of the previous financial year. Prof...
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