Rain Industries Share Price

Rain Industries Limited, together with its subsidiaries, manufactures and sells carbon, advanced materials, and cement products in India and internationally. The company operates through three segments: Carbon, Advanced Materials and Cement. It offers calcined petroleum coke, coal tar pitch, green petroleum coke, and derivatives of coal tar distillation, including carbon black, creosote, naphthalene, and other aromatic oils, as well as generates electricity and steam from waste-heat recovery process.  

Rain Industries share price on the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries 

Rain Industries stock price is influenced by various factors such as earnings, global demand for carbon black and calcined petroleum coke, raw material costs, and international trade regulations. In the longer run, strategies such as capacity expansion, vertical integration, and improvement in operational efficiency affect stock market sentiments. All these factors must be closely monitored to have an idea about the Rain Industries stock price movements.  

Rain Industries live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring of Rain Industries live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market. 

Furthermore, monitoring the Rain Industries share͏ price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook. 

Rain Industries Limited Company Fundamentals 

Rain Industries Company Background 

Rain Industries Limited is a major Indian multinational company incorporated on 15 March 1974. Headquartered in Hyderabad, Telangana, it has grown from a regional cement maker to a globally integrated industrial group with operations across Asia, North America and Europe. The company operates in three main business segments: Carbon Products, Advanced Materials, and Cement. Its carbon division produces essential raw materials such as calcined petroleum coke, coal tar pitch and other derivatives used by aluminium, graphite, chemical and refractory industries around the world. Rain’s advanced materials arm refines part of these outputs into engineered products and chemical intermediates that serve coatings, speciality chemicals, automotive and energy storage sectors. The cement segment, marketed under the “Priya Cement” brand, makes Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC) through integrated facilities in South India.  Rain Industries has expanded its global presence with multiple manufacturing facilities and a diversified product portfolio that supports infrastructure, manufacturing and industrial supply chains worldwide. 

Rain Industries Company Product Lines 

Carbon Products 

• Calcined Petroleum Coke (CPC) – used in aluminium and steel industries 
• Coal Tar Pitch (CTP) – essential in carbon anode production 
• Other carbon derivatives such as carbon black oil, creosote oil and aromatic oils  

Advanced Materials 

• Hydrocarbon resins and colourless resins 
• Engineered products (e.g., binders, sealers) 
• Chemical intermediates (benzene, toluene, xylene) and phenolics 
• Specialty materials for coatings, energy storage, automotive, construction and pharmaceutical applications  

 Cement 

• Ordinary Portland Cement (OPC) 
• Portland Pozzolana Cement (PPC) 
• Marketed under the brand “Priya Cement” in South India 

Rain Industries Company Revenue Model 

Carbon Segment (Major Revenue Driver) 

• Converts by-products of oil refining and steel production into value-added carbon materials 
• CPC and CTP sales form the largest share of consolidated revenue  

Advanced Materials Segment 

• Downstream refining (resins, engineered products and chemical intermediates) 
• Supplies specialty raw materials to global industries, enhancing margins relative to basic carbon products 

Cement Segment 

• Produces and sells cement in South India, providing stable cash flow that offsets cyclicality in carbon markets 

Rain Industries Geographic Presence 

Asia 

• Headquarters: Hyderabad, India 
• Cement plants in Telangana and Andhra Pradesh 
• Advanced materials and carbon facilities in India  

North America 

• Production facilities in the United States and Canada 
• Key carbon and advanced materials operations  

 Europe 

• Manufacturing units in Belgium, Germany and Poland 
• Carbon and advanced materials production hubs 

Rain Industries Leadership  

Some of the key leaders of Rain Industries as of January 2026 are 

• Brian Jude McNamara – Chairman & Independent Director 
• Varun Batra – Independent Director 
• Robert Thomas Tonti – Independent Director 
• Shanti Sree Bolleni – Independent Director 
• N. Radhakrishna Reddy – Vice Chairman 
• N. Jagan Mohan Reddy – Managing Director 
• T. Srinivasa Rao – Chief Financial Officer 
• Balasubramanian Ramaswamy – Chief Internal Auditor 
• Srinivasa Rao Vedula – General Manager (Global) 
• Prasanth Puliakottu – Chief Information Officer 
• K. Shankar Sathish – General Manager (IT) 
• S. Venkat Ramana Reddy – Company Secretary 

Rain Industries Key Milestones 

• 1974 – Incorporated on 15 March 1974 as Tadpatri Cements Limited (later known as Priyadarshini Cement Limited). 
• 1986 – Made its Initial Public Offering (IPO). 
• 1990–1992 – Declared a sick industrial company; BIFR approved the revival scheme in April 1992. 
• 1999 – Commissioned its first Ready-Mix Concrete (RMC) plant in Hyderabad; second plant set up at Miyapur. 
• 2000 – Proposed acquisition of Hemadri Cements; expanded cement operations. 
• 2004 – Renamed as Rain Commodities Limited (27 December 2004). 
• 2006–2007 – Entered the global carbon business through acquisitions in the US and Canada, including CII Carbon, expanding CPC capacity to ~1.9 MTPA. 
• 2008 – Expanded cement capacity at Kurnool to 1.5 MTPA; incorporated multiple global subsidiaries. 
• 2013 – Renamed as Rain Industries Limited (8 July 2013). 
• 2015–2016 – Approved corporate restructuring scheme; commissioned Coal Tar Distillation plant in Russia via JV with Severstal. 
• 2017–2018 – Expanded CPC capacity, EV-focused specialty carbon materials, ISO 9001:2015 certification, and debottlenecking initiatives. 
• 2019–2020 – Launched Advanced Materials segment; introduced ACP product; commissioned HHCR plant in Germany. 
• 2021 – Commissioned vertical-shaft calciner in India, ACP facility in the US, renewable energy projects, and advanced R&D labs. 
• 2022–2024 – Launched NOVARES™ and ISCC PLUS certified eco products, improved CPC utilisation, optimised blending strategy, and enhanced operational efficiency across Carbon and Cement segments. 

Industry Perspective 

Rain Industries operates within the global carbon materials, advanced materials and cement industries, sectors critical to heavy manufacturing, infrastructure and industrial supply chains. Its core markets—calcined petroleum coke (CPC) and coal tar pitch (CTP)—serve as essential raw materials for aluminium smelting, graphite electrodes, carbon black, refractory products and specialty chemicals. The calcined petroleum coke market was valued at around USD 2.97 billion in 2024 and is expected to grow to about USD 4.39 billion by 2035, at a CAGR of roughly 3.6 % between 2025 and 2035, driven by sustained aluminium and steel production demand.  

Similarly, the coal tar pitch industry, another key component of Rain’s carbon segment—is projected to expand strongly, reaching an estimated USD 8.09 billion by 2035 with a CAGR of about 5.5 %, underpinned by growth in aluminium, carbon fiber and battery electrode applications. The broader calcined coke & carbon materials market (including green petroleum coke) is forecast to grow to roughly USD 58.9 billion by 2035 at a CAGR near 4.8 %, reflecting demand from metals, energy and industrial sectors worldwide. Meanwhile, cement demand remains resilient globally, especially across Asia and Africa where infrastructure growth supports steady expansion, even as the industry accelerates technologies to reduce CO₂ emissions. 

Rain Industries Stock Market Presence: Listings & Index Representation 

Rain Industries is a well-established entity in the Indian stock market, listed on major exchanges such as NSE (RAIN) and BSE (500339). Its inclusion in prominent indices like the S&P BSE 500, S&P BSE All Cap, S&P BSE Basic Materials, S&P BSE SmallCap, S&P BSE MidSmallCap, Nifty Total Market, Nifty Microcap 250 Index, S&P BSE 250 SmallCap Index, and BSE 1000 underscores the company’s significance in India’s industrial materials sector. 

Rain Industries stock price is tracked by investors. Its inclusion in various indices reflects its market capitalisation and scale in carbon, cement, and chemical production. Listing on NSE and BSE ensures liquidity, while index presence can influence institutional holdings and benchmark tracking in the basic materials sector. 

Rain Industries Stock Performance and Share Price History 

Rain Industries share price on NSE and BSE reflects its position as a global producer of carbon and chemical products. Performance is driven by global commodity cycles, demand for key products like calcined petroleum coke, raw material costs, and international trade dynamics. Investors compare Rain Industries share price today with benchmark indices and peer companies to gauge relative performance. 

These underlying factors are often visible through real market movements across different periods. Similar trends are observed during earnings-driven movements. Broader sector strength or weakness has also played a role in supporting or pressuring the Rain Industries share price. In addition to operational and sector-led factors, corporate actions can also have a significant impact on Rain Industries share price movements short-term even when a company’s fundamentals remain steady. This shows how corporate actions can trigger short-term swings, even within a cyclical industry influenced by global demand and commodity prices. 

While short-term movements reflect events and announcements, longer-term valuation trends are visible through the Rain Industries share price 52-week high and low, providing context beyond daily or weekly changes. Highs indicate strong demand cycles and stable margins, while lows align with market corrections or sector downturns. These levels capture impacts of economic cycles, growth expectations, cost pressures, and earnings visibility, providing context for the stock’s historical performance. 

Rain Industries’ stock performance reflects the trading behavior of a global industrial company operating within highly cyclical markets. The company’s diversified product portfolio and global manufacturing footprint have shaped its Rain Industries share price history. Over time, the stock has shown significant volatility, marked by periods of explosive gains and phases of sharp correction. 

The early 2000s witnessed volatility, with a low of ₹0.60 in March 2003. A remarkable period began in 2007, with the Rain Industries stock price surging 86.42% that year and an extraordinary 1,112.16% in 2008, followed by another strong gain of 141.32% in 2009. This multi-year bull run was likely driven by booming global industrial demand and strong company performance. Between 2010 and 2016, performance was mixed, with notable gains of 34.62% in 2012, 23.87% in 2014, and 48.47% in 2016, but declines in other years. The most significant single-year gain occurred in 2017, with the Rain Industries share price skyrocketing by 578.91%, reaching an all-time daily high of ₹434.85 in January 2018. 

Rain Industries’ stock performance over time has closely followed global industrial and commodity cycles. For instance, after the 2017 peak, the Rain Industries share price faced a steep correction of 63.62% in 2018 and 26.51% in 2019, likely due to a cyclical downturn and changing market conditions. Despite COVID-19 disruptions, Rain Industries shares showed resilience in 2020 with a 28.51% gain, followed by a strong 67.35% increase in 2021. However, the trend reversed again with declines of 27.21% in 2022 and 13.14% in 2023. In 2024, the Rain Industries stock price increased by 10.30%, but saw a decrease of 16.53% in 2025 and 6.80% year-to-date in 2026. Longer-term returns highlight this cyclicality, with a 311.16% gain over ten years, but a modest 2.30% over five years and a decline of 19.52% over three years. 

The decreases in Rain Industries share price in specific years, such as the 63.62% drop in 2018 and the 27.21% drop in 2022, can often be linked to downturns in earnings, as reflected in the company’s financials. Earnings declined by 8.14% in 2018 and turned significantly negative in 2022 and 2023. The recent declines in 2025 and 2026 coincide with continued negative earnings. These periods demonstrate how the Rain Industries share price reacts to shifts in fundamental profitability and broader economic headwinds affecting the industrial sector. 

Rain Industries Investor Relevance and Role in Portfolio 

Rain Industries offers exposure to the global carbon, cement, and specialty chemicals sectors, which are cyclical in nature. Its inclusion in various small and mid-cap indices like the S&P BSE SmallCap and Nifty Microcap 250 underscores its relevance within the basic materials segment. The company’s integrated operations and global footprint make it a specific choice for investors seeking cyclical industrial exposure within a portfolio. 

Rain Industries equity is held by a mix of domestic and international institutional investors, reflecting its position in the materials sector. Top institutional stakeholders include Sujala Investments Private Ltd, Focus India Brands Private Limited, ICICI Prudential Asset Management Company Limited, Meghamala Enterprises Private Limited, Nivee Investments & Finance Ltd., The Vanguard Group, Inc., Arunachala Holdings Limited, Vistra Holdings S.à r.l., the Investor Education and Protection Fund (IEPF), and Dimensional Fund Advisors LP. 

Prominent mutual fund and ETF holders include ICICI Prudential Multicap Fund, ICICI Prudential Large & Mid Cap Fund, and ICICI Prudential Infrastructure Fund. Global funds such as the Vanguard Total International Stock ETF, Vanguard FTSE Emerging Markets ETF, Government Pension Fund Global, College Retirement Equities Fund – CREF Total Global Stock Account, DFA Emerging Markets Core Equity 2 Portfolio, and Vanguard Institutional Total International Stock Market Index Trust II also hold stakes. This investor base underscores the stock’s role in emerging market and sector-specific portfolios. 

Beyond fundamentals and ownership, Rain Industries’ stock is actively monitored in derivatives markets, where open interest and F&O quotes reflect expectations on commodity price cycles, global demand, and company earnings. Technical indicators such as Rain Industries RSI, MACD, and MFI provide additional insight into short-term momentum shifts in Rain Industries stock price. While primarily used for near-term trading, these tools can also help gauge market sentiment and potential volatility around major events or earnings reports. 

Rain Industries’ beta indicates higher volatility compared to the broader market. The long-term beta is 1.51, suggesting the stock has historically been more volatile than the market. Analyzing different time ranges shows this volatility: a Daily beta over a Three Month Range of 1.12, a Weekly beta over a One Year Range of 1.37, and a higher Weekly beta over a Two Year Range of 1.83. The most volatile measure is the 2 Week beta over a Two Year Range at 2.12, while the Monthly beta over Two Years is a more moderate 1.05. These varying beta figures highlight that Rain Industries share price can experience significant swings, especially over shorter to medium-term horizons, which is characteristic of stocks in cyclical basic materials industries. 

Rain Industries Sectoral Relevance and Peer Positioning 

Rain Industries sector relevance stems from its integrated model in carbon, cement, and chemicals, establishing it as a key player in the global basic materials ecosystem. Peer comparisons with other carbon black producers and industrial chemical companies focus on production capacity, feedstock integration, global market share, and cost efficiency rather than short-term stock moves. These benchmarks help investors assess operational scale, cyclical positioning, and margin resilience. Institutional tracking of commodity prices, export-import trends, and global industrial demand further highlights the company’s role within the broader basic materials and specialty chemicals markets. 

Rain Industries’ sectoral importance is also reflected in financial and market metrics that demonstrate its scale, cyclicality, and market impact. 

Rain Industries P/E ratio demonstrates how the market values the company’s earnings within a highly cyclical industry. Historically, the P/E ratio has varied significantly with earnings cycles. It stood at 15.40 in 2017 during a peak profit period, fell to 7.37 in 2018, and was 8.15 in 2019. The ratio was 7.42 in 2020 and turned positive at 3.91 in 2022. However, as earnings turned negative in 2023 and 2025, the P/E ratio also turned negative, reaching -5.47 at the end of 2023 and -13.02 (TTM) as of January 2026. This negative P/E reflects market valuation during a period of reported losses. 

Alongside valuation, Rain Industries EPS highlight operational performance and income generation from its diverse business segments. Basic EPS was ₹11.72 in 2016, rose sharply to ₹32.21 in 2017, and was ₹23.37 in 2018. It declined to ₹15.20 in 2019 before recovering to ₹20.60 in 2020. A major peak occurred in 2022 with EPS at ₹49.43. However, EPS turned deeply negative to -₹30.55 in 2023, and the trailing twelve-month figure for 2025 is -₹9.93. These dramatic swings in EPS correspond closely to the boom-and-bust cycles in its end markets and directly influence the Rain Industries share price. 

Rain Industries market cap underscores its position within the materials sector. Rain Industries’ mid-to-small-cap status makes it a component of several benchmark indices focused on this segment. Its valuation attracts specific institutional interest and index-linked investment flows, reinforcing its relevance within the carbon and industrial chemicals segment. Market capitalization history shows significant volatility, mirroring the share price. It grew from ₹13.54 billion in 2012 to a peak of ₹124.37 billion in 2017, followed by a drop to ₹45.15 billion in 2018. After recovery to ₹80.67 billion in 2021, it has since adjusted, standing at ₹47.07 billion as of January 2026. 

Finally, Rain Industries earnings trajectory demonstrates the cyclicality inherent in its sector. Earnings were ₹10.07 billion in 2011, declined to ₹0.57 billion in 2014, and then began a strong upcycle, reaching ₹10.83 billion in 2017 and ₹9.95 billion in 2018. After a dip in 2019, earnings grew consistently to ₹8.50 billion in 2020, ₹12.76 billion in 2021, and peaked at ₹23.27 billion in 2022. A sharp reversal followed, with earnings turning negative at -₹4.83 billion in 2023 and -₹2.26 billion in 2024, with a TTM figure of -₹0.12 billion for 2025. These trends reflect the company’s sensitivity to global industrial demand and raw material costs. 

Summary 

Rain Industries is a global producer operating in carbon, cement, and chemicals. The Rain Industries share price is influenced by global commodity cycles, demand for its products, and raw material costs. The stock is listed on key indices, has a varied institutional investor base, and exhibits performance and financial metrics characteristic of a cyclical industrial company. Its earnings, market capitalization, and valuation multiples have shown significant variability over time, reflecting the nature of its core sectors.