Credit rating agency, CRISIL Research has assigned a CRISIL IER fundamental grade of 3/5 to Ram Ratna Wires. The grade indicates that the company's fundamentals are ‘good’ relative to other listed equity securities in India. The rating agency has also assigned valuation grade of 5/5 to the company.
The assigned fundamental grade reflects RR Wires’ position as one of the leading players in the copper winding wires industry in India. The company markets and sells its products under the brand name RR Shramik, which is popular among the dealers and OEMs.
The company is engaged in manufacturing of enamelled copper winding wires. Its products include modified polyester copper wires, polyesterimide wires, polyurethane self solderable wires and dual coated wires.
