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Company News Details

Ram Ratna Wires Ltd
Industry :  Mining / Minerals / Metals
BSE Code
ISIN Demat
Book Value()
522281
INE207E01023
55.1217979
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
RAMRAT
40.23
2734.19
EPS(TTM)
Face Value()
Div & Yield %
7.28
5
0.4
 

ram ratna wires ltd
Ram Ratna Wires receives approval under RIPS-2024 for its Bhiwadi plant
Nov 07,2025

Ram Ratna Wires announced that its Bhiwadi plant has been approved under the Rajasthan Investment Promotion Scheme (RIPS-2024). This approval entitles the company to receive Turnover Linked Incentive of 1.32% (in % of EFCI), along with Electricity Duty Exemption for 7 years and 25% Stamp Duty Reimbursement.

The Bhiwadi facility is expected to become a major growth driver for the company, strengthening Ram Ratna Wires' manufacturing capabilities and enabling us to serve high-demand markets more efficiently. With an approved Eligible Fixed Capital Investment (EFCI) of Rs 186.77 crore under RIPS-2024, the plant will benefit from fiscal incentives that enhance operational efficiency and cost competitiveness, contributing to profitability and reinforcing our leadership position in the industry.

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