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Riddhi Steel and Tube (BOM:540082) Market Cap : ₹427 Mil (As of Jun. 06, 2024)


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What is Riddhi Steel and Tube Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Riddhi Steel and Tube's share price for the quarter that ended in Sep. 2023 was ₹38. Riddhi Steel and Tube's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 8 Mil. Therefore, Riddhi Steel and Tube's market cap for the quarter that ended in Sep. 2023 was ₹315 Mil.

Riddhi Steel and Tube's quarterly market cap increased from Sep. 2022 (₹249 Mil) to Mar. 2023 (₹390 Mil) but then declined from Mar. 2023 (₹390 Mil) to Sep. 2023 (₹315 Mil).

Riddhi Steel and Tube's annual market cap increased from Mar. 2021 (₹194 Mil) to Mar. 2022 (₹260 Mil) and increased from Mar. 2022 (₹260 Mil) to Mar. 2023 (₹390 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Riddhi Steel and Tube's Enterprise Value for Today is ₹1,539 Mil.


Riddhi Steel and Tube Market Cap Historical Data

The historical data trend for Riddhi Steel and Tube's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Riddhi Steel and Tube Market Cap Chart

Riddhi Steel and Tube Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.46 54.72 193.58 259.90 389.64

Riddhi Steel and Tube Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 169.95 259.90 248.71 389.64 315.03

Competitive Comparison of Riddhi Steel and Tube's Market Cap

For the Steel subindustry, Riddhi Steel and Tube's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Riddhi Steel and Tube's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Riddhi Steel and Tube's Market Cap distribution charts can be found below:

* The bar in red indicates where Riddhi Steel and Tube's Market Cap falls into.



Riddhi Steel and Tube Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Riddhi Steel and Tube's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )=Share Price (A: Mar. 2023 )*Shares Outstanding (EOP) (A: Mar. 2023 )
=₹47*8.29025
=₹390

Riddhi Steel and Tube's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )=Share Price (Q: Sep. 2023 )*Shares Outstanding (EOP) (Q: Sep. 2023 )
=₹38*8.29025
=₹315

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Riddhi Steel and Tube  (BOM:540082) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Riddhi Steel and Tube Market Cap Related Terms

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Riddhi Steel and Tube (BOM:540082) Business Description

Traded in Other Exchanges
N/A
Address
Piplaj Pirana Road, 83/84, Village - Kamod, Post- Aslali, Ahmedabad, GJ, IND, 382427
Riddhi Steel and Tube Ltd is engaged in manufacturing and galvanized steel pipes in various sizes, tubes, and hollow profiles and of tube and pipe fittings of cast iron or cast steel. The product line of the company includes MS ERW Black and Galvanised Pipes which are used in agriculture, industry and construction activities like scaffolding and casing in bore wells; Square and Rectangular Hollow Section used in engineering application; Pre-Galvanised Pipes used by various manufacturers.

Riddhi Steel and Tube (BOM:540082) Headlines

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