Buy Rudra Gobal Infra Products; target of Rs 177: Profitmart

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26 Aug, 2025 12:21

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Profitmart research report on Rudra Gobal Infra Products

Rudra Gobal Infra Products Ltd (RGIPL) earlier known as MDICL was initially incorporated as a private limited company in 2010 and commenced its operations from February 2013. RIPL manufactures thermo-mechanically treated (TMT) bars and mild steel (MS) billets. The billets are mainly used in-house for production of TMT bars, under the RUDRA TMX brand. RIPL has facility in Bhavnagar, Gujarat, with installed capacity of 250000 tonnes per year

Outlook

Hence we believe that the RGIPL stock should be purchased at the current price for a price target of around Rs 177 over the next 12 to 15 months.

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Rudra Global Infra Products - 13 - 10-2023 - profit