Ravinder Heights
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Serum Institute of India sold 1.27 million shares, representing 2.07% of the equity, in Ravinder Heights on June 16 via open market trades. The sale lowered the vaccine maker's holding in the real estate company from 9.39% to 7.32%. The disposal was disclosed under SEBI's substantial acquisition regulations and marks a notable reduction by a well-known stakeholder.
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Serum Institute of India sold 1.27 million shares, representing 2.07% of the equity, in Ravinder Heights on June 16 via open market trades. The sale lowered the vaccine maker's holding in the real estate company from 9.39% to 7.32%. The disposal was disclosed under SEBI's substantial acquisition regulations and marks a notable reduction by a well-known stakeholder.
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Sept 11 (Reuters) - Ravinder Heights Ltd RAVN.NS:
NAMES KAMAL LAKHANI AS CFO
Source text for Eikon: ID:nBSE5N5Kvl
Further company coverage: RAVN.NS
(([email protected];;))
Sept 11 (Reuters) - Ravinder Heights Ltd RAVN.NS:
NAMES KAMAL LAKHANI AS CFO
Source text for Eikon: ID:nBSE5N5Kvl
Further company coverage: RAVN.NS
(([email protected];;))
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What does Ravinder Heights do?
Ravinder Heights Limited specializes in real estate, focusing on acquisition, construction, and development of various properties including townships, infrastructure, commercial spaces, and more.
Who are the competitors of Ravinder Heights?
Ravinder Heights major competitors are Ratnabhumi Developer, Hampton Sky Realty, Vipul, SV Global Mill, SAB Industries, Supreme Hold & Hosp., Alpine Hsg Dev. Corp. Market Cap of Ravinder Heights is ₹271 Crs. While the median market cap of its peers are ₹246 Crs.
Is Ravinder Heights financially stable compared to its competitors?
Ravinder Heights seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Ravinder Heights pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Ravinder Heights latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Ravinder Heights allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable
How strong is Ravinder Heights balance sheet?
Balance sheet of Ravinder Heights is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Ravinder Heights improving?
The profit is oscillating. The profit of Ravinder Heights is ₹48.89 Crs for TTM, -₹2.54 Crs for Mar 2025 and -₹2.15 Crs for Mar 2024.
Is the debt of Ravinder Heights increasing or decreasing?
The net debt of Ravinder Heights is decreasing. Latest net debt of Ravinder Heights is -₹45.47 Crs as of Mar-26. This is less than Mar-25 when it was -₹26.44 Crs.
Is Ravinder Heights stock expensive?
Ravinder Heights is not expensive. Latest PE of Ravinder Heights is 5.55, while 3 year average PE is 10.15. Also latest EV/EBITDA of Ravinder Heights is 3.61 while 3yr average is 32.61.
Has the share price of Ravinder Heights grown faster than its competition?
Ravinder Heights has given better returns compared to its competitors. Ravinder Heights has grown at ~17.1% over the last 5yrs while peers have grown at a median rate of 15.99%
Is the promoter bullish about Ravinder Heights?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Ravinder Heights is 74.74% and last quarter promoter holding is 74.74%.
Are mutual funds buying/selling Ravinder Heights?
There is Insufficient data to gauge this.