Ratnaveer Precision Engineering Limited Hits All‑Time High of ₹337.40 Amid Breakout; Copper Clad Laminate Project Nears Commercialisation

Business Wire India | 21 September 2026: Ratnaveer Precision Engineering Limited has touched an all‑time high of ₹337.40, with the stock witnessing a technical breakout as the company approaches key operational milestones in its Copper Clad Laminate (CCL) project.

The project is progressing towards commercialisation, with machinery having left China and currently in transit to India.

Operational Timeline

• Order bookings expected to commence: 31 October 2026.
• Trial production targeted: second week of December 2026.
• Facility inauguration proposed: mid‑January 2027.

Ratnaveer is preparing for the commencement of commercial activity and customer order bookings as the project enters its final implementation phase.

Customer Engagement

• Discussions underway with customers for business visibility over 2–3 years.
• Soft confirmations and indications of interest received for long‑term and potentially exclusive contracts.
• Formalisation of arrangements expected by end‑October 2026.

This provides early indication of customer interest ahead of commercial production, with formal orders expected to enhance visibility as the CCL facility moves towards commissioning.

Potential for Improved Margins

• The current CCL pricing environment has strengthened considerably.
• Ratnaveer expects prevailing pricing to be reflected in business economics as commercial production commences.
• As bookings begin and utilisation rises, the CCL segment could deliver:
  • Incremental revenue visibility.
  • Substantial margin expansion compared with earlier guidance.

The combination of pricing strength, prospective long‑term contracts, and transition to commercial production could materially change the contribution profile of the CCL business.

Rights Issue Successfully Completed

• Ratnaveer has completed its ₹329.99 crore rights issue, with funds received.
• The successful fundraise provides resources to support ongoing growth plans, including the development and commissioning of the CCL project.
• Marks an important step in the company’s broader growth roadmap.

From Project Execution to Commercialisation

Ratnaveer’s CCL project is now moving from execution to commercialisation, with milestones lined up:

• Order bookings from October 31.
• Trial production in December.
• Inauguration in January 2027.

Soft confirmations for potential long‑term exclusive arrangements are already emerging, with formal contracts expected by October end.

With the stock recently touching ₹337.40 all‑time high, upcoming operational milestones, CCL order visibility, and margin improvement potential are likely to remain key areas of investor attention as Ratnaveer enters its next growth phase.