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RattanIndia Enterprises Share Price

RattanIndia Enterprises Share Price Soars 12%: Is There More Upside Ahead?

Introduction: RattanIndia Enterprises Share Price Continues Bull Run: RattanIndia Enterprises share price extended its rally for the fourth straight session on Wednesday, June 11, 2025, posting an impressive 12.57% gain in intraday trade. The stock touched a high of ₹66.40 on the BSE, showing strong upward momentum and investor interest. Over the last four trading sessions, RattanIndia Enterprises share price has zoomed over 40%, backed by heavy volumes and bullish technical signals.

Volume Surge and Market Sentiment

RattanIndia Enterprises share price saw a turnover of ₹83.14 crore with over 1.29 crore shares changing hands on the BSE—substantially higher than its two-week average volume of 10.68 lakh shares. The surge in trading activity clearly reflects growing market interest in the company. With a market capitalisation of ₹9,040.04 crore, the stock is gaining the attention of both institutional and retail investors.

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Technical Indicators Suggest Strong Momentum

From a technical standpoint, RattanIndia Enterprises share price is trading well above key short- and long-term moving averages, including the 5-day, 10-day, 20-day, 50-day, 100-day, and even the 200-day SMAs. Its 14-day Relative Strength Index (RSI) stands at a strong 85.06, indicating that the stock is in an overbought zone. This typically suggests short-term caution, but also reflects the strength of the ongoing rally.

Expert Insights on RattanIndia Enterprises Share Price Trend

Support and Resistance Levels

Osho Krishan, Senior Analyst at Angel One, noted that the support levels have shifted upward to ₹60–₹58, followed by deeper support around ₹52–₹50. On the higher side, he expects resistance to emerge near ₹72. This sets a short-term trading band for RattanIndia Enterprises share price.

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Profit Booking Advice

According to SEBI-registered analyst A.R. Ramachandran, despite the bullish trend, the stock appears overbought on daily charts. He warns that a daily close below ₹62.50 could trigger a downside target of ₹52. Hence, partial profit booking is advised while monitoring technical support zones.

Financial Snapshot of RattanIndia Enterprises

  • P/E Ratio: 21.49
  • P/B Ratio: 5.20
  • EPS: ₹2.75
  • Return on Equity (RoE): 24.22%
  • One-Year Beta: 1.4 (high volatility)

These metrics show that RattanIndia Enterprises is financially strong, yet carries high price volatility—an important factor for short-term traders and long-term investors alike.

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Business Outlook and Strategic Focus

RattanIndia Enterprises is the flagship company of the RattanIndia Group and operates in futuristic sectors such as e-commerce, electric vehicles, drones, and fintech. Its diversified tech-driven portfolio aligns with high-growth market trends. As of March 2025, the company’s promoters held a commanding 74.86% stake, indicating solid backing and long-term confidence in its growth journey.

Conclusion: What’s Next for RattanIndia Enterprises Share Price?

With strong volume support, robust technical indicators, and bullish sentiment, RattanIndia Enterprises share price seems poised for continued momentum. However, traders are advised to watch key support and resistance levels closely. While short-term consolidation may occur, long-term fundamentals and strategic positioning in high-growth sectors make the stock worth watching for investors.

read more: Top 5 Stocks To Buy Right Now for Quick Gains – Analyst Targets & Entry Levels Inside

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