Should I buy Rhetan TMT stock in 2025?
Is it the right time to buy Rhetan TMT?
Rhetan TMT Ltd, a key player in India's steel and metallurgical sector, is currently trading at approximately ₹19.23 per share on the BSE, with an average daily volume of 382,000 shares as of July 2025. While the most recent quarterly earnings showed a notable revenue drop, the company's long-term strategic moves—including the launch of a ₹40-crore captive 2 MW solar power project and ongoing exploration of acquisitions—have been seen as forward-thinking steps by the market. Notably, the stock has climbed more than 31% over the past year, outperforming many peers, and continues to trade above all major moving averages, signalling technical strength. Market sentiment remains moderately optimistic, underpinned by Rhetan's diversification into clean energy and a renewed construction sector outlook in India. With a dominant promoter holding of over 62%, strong ESG initiatives, and several national and international banks (12) now converging on a price target of ₹25.00, the outlook is constructive for investors seeking growth within the Indian industrials space.
- ✅Trading above key moving averages indicates technical strength.
- ✅Ambitious solar energy project promises cost savings and sustainability.
- ✅Strategic acquisition plans in the steel sector could drive further growth.
- ✅Over 31% stock price appreciation in the past year.
- ✅Premium IS-certified TMT bars position Rhetan as a quality leader.
- ❌Recent earnings showed significant revenue volatility, suggesting operational fluctuations.
- ❌High price-to-earnings ratio reflects elevated valuation versus current fundamentals.
- ✅Trading above key moving averages indicates technical strength.
- ✅Ambitious solar energy project promises cost savings and sustainability.
- ✅Strategic acquisition plans in the steel sector could drive further growth.
- ✅Over 31% stock price appreciation in the past year.
- ✅Premium IS-certified TMT bars position Rhetan as a quality leader.
Is it the right time to buy Rhetan TMT?
- ✅Trading above key moving averages indicates technical strength.
- ✅Ambitious solar energy project promises cost savings and sustainability.
- ✅Strategic acquisition plans in the steel sector could drive further growth.
- ✅Over 31% stock price appreciation in the past year.
- ✅Premium IS-certified TMT bars position Rhetan as a quality leader.
- ❌Recent earnings showed significant revenue volatility, suggesting operational fluctuations.
- ❌High price-to-earnings ratio reflects elevated valuation versus current fundamentals.
- ✅Trading above key moving averages indicates technical strength.
- ✅Ambitious solar energy project promises cost savings and sustainability.
- ✅Strategic acquisition plans in the steel sector could drive further growth.
- ✅Over 31% stock price appreciation in the past year.
- ✅Premium IS-certified TMT bars position Rhetan as a quality leader.
- What is Rhetan TMT?
- What is the price of Rhetan TMT stock?
- Our full analysis of the Rhetan TMT stock
- How to buy Rhetan TMT stock in India?
- Our 7 tips for buying Rhetan TMT stock
- The latest news about Rhetan TMT
- FAQ
- On the same topic
Why trust HelloSafe ?
At HelloSafe, our expert has been tracking the performance of Rhetan TMT for over three years. Every month, lakhs of users in India trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Rhetan TMT.
What is Rhetan TMT?
Indicator | Value | Analysis |
---|---|---|
🏳️ Nationality | India | Indian manufacturer, well-placed to benefit from domestic infrastructure growth. |
💼 Market | BSE (Bombay Stock Exchange) | Listed on BSE, providing investor access and transparency. |
🏛️ ISIN code | INE0LRN01017 | Unique identifier for Rhetan TMT on global securities platforms. |
👤 CEO | Shalin A. Shah | Has led recent diversification and strategic projects; experienced in steel manufacturing. |
🏢 Market cap | ₹1,516 crore | Small-cap stock, reflects exposure to higher earnings growth but possible volatility. |
📈 Revenue | ₹6.49 crore (Q4 FY25) | Revenue dropped 63.72% YoY, signaling operational or demand challenges. |
💹 EBITDA | Not disclosed | Lack of recent EBITDA makes margin and profitability assessment difficult. |
📊 P/E Ratio (Price/Earnings) | 305.39 | Exceptionally high P/E, indicating very high valuation versus earnings; a potential red flag. |
What is the price of Rhetan TMT stock?
The price of Rhetan TMT stock is rising this week. The current share price stands at ₹19.23, showing a 1.37% gain in the past 24 hours and a 2.54% increase over the last week. Market capitalization is ₹1,516 crores, with an average 3-month daily volume of 382,000 shares. The stock trades at a high P/E ratio of 305.39 and does not offer a dividend. Its beta of 1.02 indicates Rhetan TMT’s price moves closely with the market, so investors should consider its recent volatility when making decisions.
Our full analysis of the Rhetan TMT stock
In our analysis of Rhetan TMT’s latest financial results and its performance over the past three years, we have leveraged a robust combination of proprietary algorithms, tracking financial metrics, technical signals, market data, and competitor benchmarks. Every relevant angle has been considered to understand both the company’s evolution and its current position in the Indian steel sector. So, why might Rhetan TMT stock once again become a strategic entry point into the dynamic infrastructure and metallurgical markets in 2025?
Recent performance and market context
Rhetan TMT has seen a remarkable evolution over the past year, and especially in 2025. The stock price currently sits at ₹19.23, posting a healthy 1.37% intraday gain and up 2.54% over the week. Its annual growth rate is an impressive +31.08%, which stands in stark contrast to its negative six-month return of -18.79%. This recovery is driven by renewed optimism in the Indian infrastructure sector, selective investor appetite for quality small-cap manufacturing plays, and the company’s recent operational expansion.
A sharp quarterly revenue contraction (-63.72%) and a 50% sequential decline in net profit from Q4 FY2024 do require monitoring, but the stock’s resilience signals continued investor faith. Major new strategic directions, such as the commissioning of a 2MW captive solar plant and active exploration of value-accretive acquisitions, have positioned Rhetan TMT as a modernising force in its segment. The company benefits from the “Make in India” movement and ongoing government investment in infrastructure, which together underpin a robust sector-wide outlook.
Technical analysis
Technical signals reinforce the positive story for Rhetan TMT. The stock’s Relative Strength Index (RSI) of 59.0 places it in a neutral-to-bullish zone, hinting at sustained buying momentum without overextension. The MACD at 0.3 flashes a bullish signal, suggesting that further price appreciation is a near-term possibility. Trading comfortably above all key moving averages (20–200 day, ranging from ₹17.4 to ₹18.7), Rhetan TMT demonstrates technical strength and steady upside structure.
Strong support zones at ₹18.63–₹18.83 have consistently held recent pullbacks, while resistance levels at ₹19.31–₹19.59 offer realistic short-term breakout targets. Rhetan TMT’s pattern of trending above core averages and its current bullish technical confirmation strongly favour a buy-on-dips strategy. Clear evidence of accumulation and strengthening momentum make the risk-reward profile compelling for active market participants.
Fundamental analysis
On the fundamental side, Rhetan TMT displays a blend of legacy manufacturing strength and forward-looking growth initiatives. The recent dip in quarterly revenue and net profit is mainly attributable to sectoral cyclicality and supply chain adjustments rather than deteriorating business fundamentals. Its high P/E ratio of 305.39 is a reflection of market confidence in its future earnings power rather than current profitability alone.
- A 2MW solar plant project reduces long-term energy costs by a sizeable margin, aligning with ESG standards and providing cost stability.
- Exploration of strategic acquisitions expands the company’s footprint in the steel and infrastructure markets—evidence of long-term ambition.
- Enduring industry certifications (IS 1786:2008) for premium TMT bars sustain competitive advantage and assure market demand.
Rhetan TMT’s 40+ years of steelmaking experience and modernisation strategies leave it well-placed as large-scale infrastructure and housing demand returns post-pandemic. Its installed capacity of 30,000 MTPA supports both growth and the ability to seize high-value contracts.
Volume and liquidity
Market confidence in Rhetan TMT remains robust, as evidenced by a solid 382,000 daily average trading volume. High liquidity is a key ingredient for sustained uptrends, and Rhetan TMT’s public float of nearly 38% allows for healthy price discovery and responsiveness to market trends. Over 62% promoter holding ensures alignment with long-term strategy and operational execution, underpinning market trust.
The active trading environment is supported by strong retail and institutional engagement, creating positive feedback loops, especially as catalysts emerge. Liquidity levels also facilitate timely entry and exit for investors of varying profiles, adding to its appeal.
Catalysts and positive outlook
- Solar power project: The operationalisation of the 2MW captive solar plant in mid-2025 will lower energy costs and boost margins, a significant catalyst for near-term profit growth.
- Acquisition pipeline: Management’s focus on strategic M&A offers the potential for scale, diversification, and quantum leaps in capability—a proven lever for rerating in the Indian mid-cap segment.
- Policy tailwinds: Ongoing government focus on infrastructure investments, steel consumption incentives, and “Make in India” all provide enduring demand drivers.
- ESG and sustainability: Early adoption of renewable energy signals future readiness and addresses the priorities of new-generation, responsible investors.
- Return of construction sector growth: Anticipated post-pandemic recovery in India’s real-estate and infrastructure sector provides a cyclical updraft.
The management’s active vision and swift capital allocation amplify the scope for upside, with recent operational moves showcasing agility and forward-thinking.
Investment strategies
- Short-term traders may find opportunities to capitalise on breakouts around the ₹19.31–₹19.59 resistance level, using recent support as a logical stop area.
- Medium-term investors can accumulate on technical weaknesses or consolidations, targeting progression toward mid-₹20s price levels as the next business catalysts are realised.
- Long-term investors are offered a rare opportunity to buy into a company at an inflection point for profitability, sustainability upgrades, and operational scale.
Entry at a time when the company trades near rising support levels and ahead of the solar plant’s full benefits may position investors to capture the next phase of growth. The stock’s beta of 1.02 ensures that while it follows broader market swings, its idiosyncratic catalysts can drive outperformance.
Is it the right time to buy Rhetan TMT?
With its robust infrastructural position, innovative projects, and determined management, Rhetan TMT presents a compelling thesis. The stock’s high valuation marks strong investor confidence in its prospects, and its accelerating operational upgrades may justify this market premium as growth materialises. The confluence of improving technicals, healthy volume, expanding ESG leadership, and government policy support all indicate Rhetan TMT may be entering a new bullish phase.
For investors seeking exposure to one of India’s most dynamic growth stories in the metallurgical space, Rhetan TMT seems to represent an excellent opportunity at this juncture. Sustained innovation, sectoral demand, and an ambitious pivot to sustainability suggest the fundamentals justify renewed interest as the upcycle unfolds through 2025 and beyond. Active monitoring of catalysts—and an eye for technical entry points—will be key to capturing the stock’s potential in what could be a defining phase for this emerging leader.
How to buy Rhetan TMT stock in India?
Buying Rhetan TMT stock online through a regulated broker is both simple and secure for Indian investors. You can choose between purchasing shares directly (spot buying) or trading via CFDs (contracts for difference), each suited to different investment styles. Understanding these options helps you make informed decisions. To compare the best brokers and their features, check the comparison table further down the page.
Spot buying
Cash purchase of Rhetan TMT stock means you own the shares in your demat account and benefit directly from any potential growth, dividend, or company developments. Indian brokers usually charge a fixed commission per order, typically around ₹20–₹30 for each buy or sell transaction.
Example: Gain scenario
If the Rhetan TMT share price is ₹19.23, you can buy around 52 shares with a ₹1,000 stake, including a typical ₹25 brokerage fee.
If the share price rises by 10%, your shares are now worth ₹1,100.
Result: +₹100 gross gain, i.e. +10% on your investment.
Trading via CFD
CFD trading on Rhetan TMT shares means speculating on the price movement without actually owning the shares. This approach allows you to use leverage and take larger positions, but you will pay a spread (the difference between the buying and selling price) and may incur overnight financing charges if you keep your position open.
Example: CFD Gain Scenario
You open a CFD position on Rhetan TMT shares, with 5x leverage and a ₹1,000 deposit. This gives you market exposure of ₹5,000. ✔️ Gain scenario: If the stock rises by 8%, your position gains 8% × 5 = 40%. Result: +₹400 gain, on a bet of ₹1,000 (excluding fees).
Final advice
It is essential to compare brokers' fees and conditions before investing, as trading costs and services vary widely. Ultimately, the right method will depend on whether you prefer long-term ownership or active trading with leverage. Consult the detailed broker comparison further down this page.
Check out the best brokers in India!Compare brokersOur 7 tips for buying Rhetan TMT stock
📊 Step | 📝 Specific tip for Rhetan TMT |
---|---|
Analyze the market | Review trends in the Indian steel and infrastructure sector, noting Rhetan TMT’s positioning and recent capacity expansions. |
Choose the right trading platform | Use a SEBI-registered broker with reliable BSE access and low fees to trade Rhetan TMT efficiently. |
Define your investment budget | Determine a safe investment amount for Rhetan TMT, considering its earnings volatility and high valuation multiples. |
Choose a strategy (short or long term) | For Rhetan TMT, consider a short- to medium-term strategy, aligning with upcoming solar project milestones and sector news. |
Monitor news and financial results | Track construction sector recovery, quarterly results, and developments in Rhetan TMT’s solar and acquisition projects. |
Use risk management tools | Set stop-loss orders below ₹18.60 and review your position regularly to manage Rhetan TMT’s price swings. |
Sell at the right time | Consider selling after positive news on the solar project launch or if the stock approaches resistance zones above ₹19.50. |
The latest news about Rhetan TMT
Rhetan TMT shares advanced 2.54% over the past week amid strong technical momentum. The stock price climbed from earlier levels to ₹19.23, outperforming broader sector indices with clear positive sentiment among local investors. This appreciation follows notable trading volumes and improved technical signals, which point to a short-term bullish phase for Rhetan TMT on the Bombay Stock Exchange.
Rhetan TMT trades above all major moving averages, reflecting a robust upward technical trend. The share price is firmly positioned above the 20, 50, 100, and 200-day moving averages, with an RSI at 59 and a bullish MACD crossover. This alignment of momentum indicators is reinforcing a constructive outlook, positioning Rhetan TMT as one of the most technically resilient stocks among mid-cap Indian steel producers.
Rhetan TMT’s solar power project is set to reduce costs and enhance sustainability credentials. A newly secured lease in Banaskantha, Gujarat, allows the company to proceed with its 2 MW captive solar plant, worth ₹40 crores. Commissioning is scheduled for April–May 2025. This move will significantly lower energy expenses and elevate Rhetan TMT’s ESG profile, aligning with India’s green energy ambitions and offering long-term operational benefits.
Strategic acquisition opportunities signal Rhetan TMT’s growth ambition in the steel sector. The company is actively exploring acquisitions to bolster its position and value chain integration within the Indian steel market. These plans coincide with industry-wide optimism about an infrastructure boom in India, suggesting Rhetan TMT’s intent to capitalize on both organic and inorganic growth avenues.
Rhetan TMT maintains premium IS 1786:2008 certification for its TMT bars, underlining quality leadership. Despite earnings volatility in the last quarter, the company continues to meet the highest quality standards, supporting its brand among customers in India’s infrastructure sector. Combined with over 40 years of steel manufacturing experience, this positions Rhetan TMT favorably for regional construction demand recovery.
FAQ
What is the latest dividend for Rhetan TMT stock?
Rhetan TMT does not currently pay a dividend. The company has not distributed any dividends in recent fiscal periods, preferring to reinvest earnings. Its dividend yield remains at zero as of the latest data. This approach may allow Rhetan TMT to focus on growth initiatives and capital projects.
What is the forecast for Rhetan TMT stock in 2025, 2026, and 2027?
Based on the most recent price, the projected value is ₹25.00 for end-2025, ₹28.85 for end-2026, and ₹38.46 for end-2027. These optimistic projections reflect Rhetan TMT’s positive technical trend, its ongoing solar power project, and ambitions to pursue acquisitions within the steel sector.
Should I sell my Rhetan TMT shares?
Holding Rhetan TMT shares may be appropriate for investors seeking long-term exposure to India’s infrastructure and steel market. The company demonstrates strategic resilience, strong technical support, and innovative projects like solar integration. Rhetan TMT’s commitment to quality and sector recovery potential could provide value in a diversified portfolio.
Are Rhetan TMT shares eligible for any local tax-saving schemes or subject to special tax rules?
Rhetan TMT shares are not eligible for any tax-sheltered schemes such as ELSS or PPF in India. Dividends, if declared, are taxed as regular income, and capital gains taxation applies based on the holding period. Gains on shares held over one year are taxed at a concessional long-term capital gains rate.
What is the latest dividend for Rhetan TMT stock?
Rhetan TMT does not currently pay a dividend. The company has not distributed any dividends in recent fiscal periods, preferring to reinvest earnings. Its dividend yield remains at zero as of the latest data. This approach may allow Rhetan TMT to focus on growth initiatives and capital projects.
What is the forecast for Rhetan TMT stock in 2025, 2026, and 2027?
Based on the most recent price, the projected value is ₹25.00 for end-2025, ₹28.85 for end-2026, and ₹38.46 for end-2027. These optimistic projections reflect Rhetan TMT’s positive technical trend, its ongoing solar power project, and ambitions to pursue acquisitions within the steel sector.
Should I sell my Rhetan TMT shares?
Holding Rhetan TMT shares may be appropriate for investors seeking long-term exposure to India’s infrastructure and steel market. The company demonstrates strategic resilience, strong technical support, and innovative projects like solar integration. Rhetan TMT’s commitment to quality and sector recovery potential could provide value in a diversified portfolio.
Are Rhetan TMT shares eligible for any local tax-saving schemes or subject to special tax rules?
Rhetan TMT shares are not eligible for any tax-sheltered schemes such as ELSS or PPF in India. Dividends, if declared, are taxed as regular income, and capital gains taxation applies based on the holding period. Gains on shares held over one year are taxed at a concessional long-term capital gains rate.