Case study

RAIN

RAIN INDUSTRIES LIMITED

Mixed signals1y model +0.4%

Each stock's 10,000-path forecast, rendered as light.

49Score

RAIN INDUSTRIES LIMITED (RAIN) Stock Analysis & Case Study

Is RAIN a good buy? The data-driven verdict.

RAIN INDUSTRIES LIMITED (RAIN) trades at ₹223,on the numbers it mixed signals, a Downstox Snapshot Score of 49/100.

On the numbers, RAIN INDUSTRIES LIMITED (RAIN) mixed signals, a Downstox Snapshot Score of 49/100, weighing inexpensive at 14.0× earnings, ROE of 0.6%, a 50% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

RAIN fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹7,497 Cr
Current price
₹223
P/E ratio
14.0×
P/B ratio
0.94×
Book value
₹238
Dividend yield
0.45%
ROCE
8.3%
ROE
0.6%
Piotroski F-Score
3/8

How RAIN ranks against the 2,373 companies in our screener

Is RAIN overvalued? RAIN P/E vs peers

RAIN trades at 14.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

RAIN share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of RAIN history (18%/yr drift, 44%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
RAIN 2027₹127₹224₹395+0%
RAIN 2028₹101₹225₹499+1%
RAIN 2029₹85₹226₹595+1%
RAIN 2030₹72₹226₹710+2%
RAIN 2031₹64₹227₹809+2%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability RAIN goes up, or doubles?

50%
Higher in 1 year
Modelled chance the price is above today in 12 months
51%
Higher in 5 years
Modelled chance the price is above today in 5 years
25%
Doubles in 5 years
Modelled chance of reaching ₹446 within 5 years

The bull case for RAIN

  • RAIN's P/E of 14.0x is lower than 77% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Low price-to-book of 0.94×, the market is paying little over the company's net assets.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹595.

The bear case & risks

  • RAIN's return on equity of 0.6% ranks in the 13th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • RAIN's Piotroski F-Score of 3/8 ranks in the 15th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹85.

RAIN volatility & expected range, how bumpy is the ride?

Over the last 9.8 years RAIN compounded at 18%/year with annualized volatility of 44%. That volatility implies a 1-year 80% range of ₹127-₹395, the honest backbone behind any single price target.

RAIN price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
0.4%
80% range₹127-₹395
P(price ↑)50%
P(price 2×)6%
3-Year Forecast
2029
₹0
Median (P50)
1.2%
80% range₹85-₹595
P(price ↑)51%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
2.0%
80% range₹64-₹809
P(price ↑)51%
P(price 2×)25%

RAIN price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
RAIN simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds RAIN hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the RAIN price target & forecast page.

RAIN Piotroski F-Score: 3/8, how financially strong is it?

3/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. RAIN scores 3/8, weak on the financial-strength checks.

RAIN MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy RAIN with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST37.92%2.6×
Zerodha38.30%2.6×
Groww38.01%2.6×
Dhan38.30%2.6×
Kotak Neo38.31%2.6×
Paytm Money38.23%2.6×
Pocketful38.23%2.6×
Anand Rathi38.30%2.6×
Bajaj Broking39.00%2.6×
Share India37.99%2.6×

Compare every broker on the RAIN MTF page.

About RAIN INDUSTRIES LIMITED: sector, index & market-cap context

RAIN INDUSTRIES LIMITED (RAIN) is a small-cap NSE-listed company, with a market capitalisation of ₹7,497 Cr. See more stocks on our screener.

How the RAIN Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of RAIN INDUSTRIES LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

RAIN analysis, FAQs

Is RAIN INDUSTRIES LIMITED (RAIN) a good buy?

On the numbers, RAIN INDUSTRIES LIMITED (RAIN) mixed signals, a Downstox Snapshot Score of 49/100, weighing inexpensive at 14.0× earnings, ROE of 0.6%, a 50% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is RAIN overvalued or undervalued?

RAIN trades at 14.0× earnings, inexpensive versus the ~22× long-run Nifty average.

What is the RAIN share price target for 2031?

RAIN's probability-weighted 2031 median target is ₹227, with an 80% range of ₹64-₹809 (10,000-path Monte-Carlo).

What is the probability RAIN doubles in 5 years?

The modelled probability of RAIN reaching ₹446 (2×) within 5 years is 25%.

What is the bull case for RAIN?

RAIN's P/E of 14.0x is lower than 77% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. Low price-to-book of 0.94×, the market is paying little over the company's net assets.

What are the risks in RAIN?

RAIN's return on equity of 0.6% ranks in the 13th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. RAIN's Piotroski F-Score of 3/8 ranks in the 15th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on RAIN