The stock of Rain Industries Ltd. has been falling continuously in the last few weeks due to a mix of factors. Firstly, the company’s consolidated net profit for the first quarter of the FY 2020-21 was down by 29.
41% to Rs 230. 75 crore as compared to Rs 327. 99 crore for the same period of the previous fiscal. This was mainly due to lower demand from its core sectors such as steel and cement.
Additionally, the company has been facing problems with its US subsidiary, Rain CII Carbon LLC, which had defaulted on payment of its dollar debt. This caused a downgrade from ratings agencies, resulting in a dip in the stock price.
Also, the ban on import of pet coke by the Supreme Court of India has led to a drop in demand for the subsidiary’s products, dampening the outlook for the company’s capacity utilization. The ban has also led to a fall in the company’s margins and earnings to the detriment of its stock value.
In addition, the Coronavirus pandemic has caused a global slowdown in the demand for steel and cement, and hence has also adversely impacted Rain Industries. This has caused the stock to fall further and is expected to continue in the coming months, until the company and its subsidiaries are able to stabilize their operations.
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Is rain a good buy?
Yes, rain can be a good buy depending on your circumstances. It is a valuable resource that can provide natural irrigation and help to replenish reservoirs, rivers and other water sources. In areas where rainfall is scarce or not reliable enough to support local farmers, buying and harvesting rainwater can help to provide a sustainable source of water and provide assurance against droughts.
It can also be beneficial for those in city environments, providing a less expensive alternative to a regular water bill. Furthermore, when used for washing cars, watering gardens and other non-drinking applications, rain can save money and help provide a significant source of water during dry periods.
Is Rain Industries debt free?
No, Rain Industries is not debt free. The company has total debt of around Rs. 6,843 crore as of 30 June 2020, according to its consolidated statement of financial position. This is comprised of Rs. 3,885 crore of short-term loans, Rs.
1,960 crore of long-term loans and Rs. 998 crore of non-convertible debentures. The company has a relatively high debt to equity ratio of 4. 35, indicating that debt financing may be a strong source for funding the company’s operations.
Rain Industries is taking various measures to bring down its Debt-Equity ratio, by using its capital for repayment and refinancing its loans with cost effective sources. The company is also taking steps such as capital expenditure optimization and working capital management to reduce its debt burden.
Who invested in Rain Industries?
Rain Industries Limited (RAIN) is an India-based manufacturer of calcined petroleum coke (CPC), coal tar pitch, and other basic and specialty chemicals. RAIN was established in 1981 and is a constituent of the NSE Nifty 50 and BSE Sensex.
The company has grown its investor base substantially in the last few years.
Some notable investors in RAIN include Mutual Funds such as SBI, ICICI, UTI, Aditya Birla, AIG, Sundaram, and Kotak, as well as institutional investors such as Renaissance, CLSA, Edelweiss, Kotak, and Reliance Capital.
Other investors in RAIN include high net worth investors, domestic and international institutional funds, global financial institutions, and non-resident Indians. RAIN also has a strong presence in the US, Pakistan, and Egypt, helping to drive its investor base even further.
RAIN has positioned itself as a low-cost manufacturer of CPC and coal tar pitch, and has become a trusted partner of some of the world’s leading energy companies, such as BP, Shell, and Chevron. Its strong presence in the US and other countries has also been instrumental in driving its investor base.
The company’s parent group, Rain Commodities, is one of the largest global producers of CPC, and RAIN’s continued focus on high-quality and cost control measures has enabled it to maintain a competitive edge in the market.
Should you buy WTER stock?
Whether or not to buy WTER stock is ultimately up to you and therefore depends on your own personal circumstances, goals, and risk tolerance. Before deciding whether to buy WTER stock or not, it is important that you do your own research.
You should examine the company’s financials and competitive positioning, comprehend the risks involved, and be sure to have a long-term plan in place that aligns with your goals and strategies.
When considering WTER stock, you should consider the company’s market position and whether it has a competitive advantage in the market. Investigate its past stock performance to help gauge its future performance.
Additionally, it can be beneficial to investigate any sales and revenue numbers the company has reported in the past and whether it has faced any significant issues or opportunities that could affect its future outlook.
It is also essential to take into consideration any risks associated with investing in WTER stock, such as liquidity risk and sector risk. Liquidity risk measures how easily an investor can convert their investment into cash, and sector risk is the risk associated with the industry the company operates in.
Finally, be sure to have a long-term strategy in place that aligns with your goals. Investing in WTER stock should be part of creating a diversified portfolio and a long-term plan that aligns with your personal risk tolerance and goals.
Investing in stocks should be done with a wide perspective and should be included in your overall strategy. When making a decision regarding WTER stock, it is important to weigh all of the potential risks and rewards before making a final decision.
Is Rainmaker a good stock to buy?
The answer to this question ultimately depends on your specific investing goals and risk tolerance. Rainmaker is an established company with a track record of consistent profits and relatively low debt.
However, its stock price has been volatile over the past year. As with any other stock, potential investors should research and consider potential risks and rewards before buying.
Rainmaker offers a great option for those willing to take on a higher risk, higher reward approach to investing. Its products are unique, and it has a developed customer base. If a potential investor believes that the company can deliver on its potential and a return on investment, then Rainmaker could be a good stock to buy.
On the other hand, investors looking for more security may wish to consider other investment options. Rainmaker’s stock price has been quite volatile recently, and it is possible that the stock could drop if the company’s performance starts to decline or its products become out of fashion.
Additionally, in case of any unexpected negative news, the stock price could take a noticeable hit.
Ultimately, the decision of whether to invest in Rainmaker is a personal one and should be made after researching its potential risks and rewards. It is important to remember that investing in stocks always has associated risks, either with Rainmaker or with any other stock, so taking the time to properly evaluate the situation before investing can help minimize the risk.
Which stocks go up in rainy season?
Unfortunately, there is no definitive answer to this question as stock prices are affected by a multitude of factors and are ultimately determined by investors. Generally, rainy season can have a positive effect on certain sectors and stocks, as it usually implies higher agricultural production, increased demand for goods and services in the region, and greater economic activity overall.
For example, if a region experiences heavy rains during the season, it is likely to see an increase in demand for food, beverages, and other consumable items, which could benefit companies in the food and beverage industry.
Additionally, increased water supply can lead to a growth in constructed flood defense systems and irrigation systems, which could bolster construction and engineering stocks. These general principles of supply and demand can apply to many other industries and stocks as well, depending on the region and sector in question.
Ultimately, the best way to identify which stocks are likely to benefit from the rainy season is to research the current market trends in the industry and consult expert investment advice.
What are the pros and cons of rain?
The pros and cons of rain depend on where you live, your climate, and how you use rain in your life. Generally speaking, the pros of rain include replenishing the water supply, providing life-giving moisture to crops and vegetation, and helping to keep temperatures down in hot climates.
Rain can also provide a calming effect, help to power hydro-electric systems, and offer recreational activities like swimming and kayaking.
The cons of rain include unwanted flooding, damage to crops, mosquito infestations, and contaminated runoff entering water supplies. When it rains frequently, it can also lead to the spread of diseases like E.
Coli. This is why it’s important to properly drain, channel, and regulate water in areas susceptible to flooding. Additionally, rain can be an inconvenience, making it difficult to travel and keep personal items dry.
Is rain alarm accurate?
The accuracy of a rain alarm depends on the specific model and its features. Generally, a rain alarm sets off an alarm when it detects moisture, so it can be incredibly accurate in alerting you to precipitation.
However, the level of accuracy of a rain alarm also depends on its sensitivity. There are rain alarms with adjustable sensitivity, which allow you to select the degree of accuracy you desire. Some rain alarms are also equipped with temperature sensors so they can accurately differentiate between snow and rain.
In summary, the accuracy of a rain alarm is largely dependent on the design of the specific model and its features.
How many employees does rain have?
Rain currently has 40 full-time employees, 14 part-time employees, and 2 independent contractors. Rain’s core team consists of 30 full-time employees, 10 of which focus primarily on development, 8 on customer success and support, 6 on sales, and 6 on marketing.
Rain is actively seeking additional talent, and is looking for individuals in the areas of business, product innovation, engineering, marketing, design, and customer success & support.
What country is rains from?
Rain is a natural phenomenon that occurs around the world, and as such, cannot be associated with any particular country. Rain is caused by the evaporation of water from the Earth’s surface, which then condenses and forms droplets that eventually fall down in the form of precipitation.
Depending on the region, rain can be a major source of water for irrigation, drinking, and other water-related activities, as well as a key part of the water cycle. Some countries in northern and eastern Africa, South and Central America, and parts of Asia experience monsoonal rains during certain times of the year, while other countries around the world experience average rainfall according to their climate.
Is a rain stick Native American?
No, rain sticks are not typically associated with Native American culture. While the origin of rain sticks is not conclusively known, it is believed that rain sticks originated in South America. Rain sticks are a percussion instrument that are traditionally made from a hollowed-out log or tube, filled with beads, pebbles, or other objects, and sealed with thorns or cactus spines.
When tipped, the objects inside the tube make a unique sound meant to imitate the sound of falling rain. In some cultures, rain sticks are used for ceremonial and spiritual purposes related to rain. Although the instrument has been used by some Native American tribes, it did not originate in their culture, and is not a tradition associated with most Indigenous communities.
Where is rain made?
Rain is made in the atmosphere when moist air rises. When the air is cooled to a temperature at which the water vapor can no longer be held in the form of gas, condensation happens and the water droplets form clouds.
When the clouds become heavy due to continuing condensation, the water droplets become too heavy for the air to hold them, which results in precipitation – rain, sleet, or snow. The temperature of the air determines what form of precipitation will occur when the water droplets become too heavy to stay in the clouds.
Generally, if the temperature is at or below 32°F (0°C), snow will fall, while temperatures of 32–59°F (0–15°C) will result in rain.
When did rain start in India?
Rain has been a part of India for thousands of years, with records of monsoon rain patterns dating back to the 3rd century BCE in the Vedic period. The rain season in India starts from the month of June and extends up to September.
During the month of June, the monsoon spreads from the south-west coast of India towards the north and the far-east of the country. This usually happens by the end of the first week of July and brings with it heavy rains to most parts of the country.
This is the onset of the rain season and is generally referred to as the South-West Monsoon. It continues up to September and provides much-needed water to rivers and other water reservoirs across the country, sustaining life in the nation.
Who is competitor to Sprinklr?
Sprinklr is one of the leading customer experience management platforms. It helps businesses manage their interactions with customers across multiple channels and departments. Sprinklr has grown to be one of the top providers in the customer experience industry.
Some of its main competitors include Oracle, Adobe, Salesforce, Hootsuite, HubSpot, SAP, and Microsoft. All these companies also provide customer experience management software solutions. Each company offers unique features and is tailored to different customer needs.
Oracle provides an extensive set of cloud services for client engagement, Adobe offers its popular Creative Cloud for managing customer experience, Salesforce offers a comprehensive platform for automating customer service processes, Hootsuite helps organizations and agencies build relationships with customers through social media management, HubSpot allows for inbound marketing and customer service interactions, SAP helps track and analyze customer data and interactions, and Microsoft provides a suite of customer support products for creating personalized customer experiences.
