Ratnamani Metals & Tubes Ltd Share Price (RATNAMANI)
₹3740.35
Overview of Ratnamani Metals & Tubes Ltd
Key events for Ratnamani Metals & Tubes Ltd
Ratnamani Metals & Tubes Ltd's Debt Not a Risk - 30 Nov, 2023
Ratnamani Metals & Tubes Ltd has net cash of ₹1.26b and more liquid assets than liabilities. Last year saw 73% YoY EBIT growth.
Ratnamani Metals & Tubes Among Five Stocks with Consistent Positive Returns - 11 Nov, 2023
Ratnamani Metals & Tubes is one of the five stocks that have consistently provided positive returns in all the last ten Samvat years, showing growth and potential in its sector.
Ratnamani Metals & Tubes Ltd's Share Price Soars 394% Over Five Years - 07 Nov, 2023
The share price of Ratnamani Metals & Tubes Limited has increased by 394% over the last five years, with a compound EPS growth rate of 20% per year. The company's fundamentals have played a significant role in driving long-term shareholder returns.
Ratnamani Metals & Tubes Reports Strong Q2 Results - 05 Nov, 2023
Ratnamani Metals & Tubes Ltd reported a robust Q2 with a 66% YoY increase in consolidated PAT to Rs. 164 crore, driven by superior order execution and a rise in margins. The company's order book remains strong at Rs. 2975 crore, and it plans to invest Rs. 350 crore in a new plant to drive growth.
Ratnamani Metals Surges on Strong Q2 Performance - 03 Nov, 2023
Ratnamani Metals & Tubes Ltd's shares surged nearly 6% to a 52-week high after the company registered a massive 66.4% YoY growth in consolidated profit at Rs 164.3 crore for Q2 FY24.
Analyst Rating for Ratnamani Metals & Tubes Ltd stock
based on 5 analysts
Based on 5 analysts offering long term price targets for Ratnamani Metals & Tubes Ltd. An average target of ₹3305.8
Source: S&P Global Market Intelligence
Ratnamani Metals & Tubes Ltd share Performance
- ₹3702.35₹3843₹3740.35
1.02%
Downside
Day's Volatility:3.76%
Upside
2.74%
- ₹1886.4₹3938.8₹3740.35
49.57%
Downside
52 Weeks Volatility:54.87%
Upside
5.31%
| Returns % | |
| 1 Month Return | 31.68 % |
| 3 Month Return | 40.08 % |
| 1 Year Return | 93.94 % |
| Market Stats | |
| Previous Close | ₹3,809.05 |
| Open | ₹3,843.00 |
| Volume | 71.25K |
| Market Cap | ₹26,698.39Cr |
Ratnamani Metals & Tubes Ltd Company Information
The company operates in two lines of business, namely, the manufacturing and supply of stainless steel and carbon steel pipes and tubes. It has a wide range of products such as stainless steel pipes and tubes, carbon steel pipes and tubes, alloy steel pipes and tubes, and structural steel pipes and tubes. Its popular brands include Ratnamani, Ratnamani Power, Ratnamani High Pressure, and Ratnamani Premium.
Share Price: ₹3740.35 per share as on 06 Dec, 2023 04:01 PM
Market Capitalisation: ₹26,698.39Cr as of today
Revenue: ₹1,141.89Cr as on September 2023 (Q3 23)
Net Profit: ₹163.89Cr as on September 2023 (Q3 23)
Listing date: 09 May, 2006
Chairperson Name: P M Sanghvi
| Organisation | Ratnamani Metals & Tubes Ltd |
| Headquarters | |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Fundamentals of Ratnamani Metals & Tubes Ltd
Insights on Ratnamani Metals & Tubes Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 12.79% to 12.87% in Sep 2023 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 133.86 Cr → 163.89 Cr (in ₹), with an average increase of 18.3% per quarter
- POSITIVE IMPACT
Price Rise
In the last 1 month, RATNAMANI stock has moved up by 31.7%
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, RATNAMANI has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, RATNAMANI has outperformed top 5 stocks with highest market-cap in Iron & Steel
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 59.77% of holdings in Sep 2023 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 10.99% to 10.88% in Sep 2023 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 1.50K Cr → 1.14K Cr (in ₹), with an average decrease of 12.5% per quarter
Ratnamani Metals & Tubes Ltd Valuation
Ratnamani Metals & Tubes Ltd in the last 5 years
Lowest (12.11x)
May 22, 2020
Industry (21.82x)
December 5, 2023
Today (42.66x)
December 5, 2023
Highest (58.52x)
June 6, 2022
Ratnamani Metals & Tubes Ltd Mutual Fund Holdings
| Funds | Holdings |
 Kotak Emerging Equity Scheme Direct Growth | 1.57% |
| Kotak Small Cap Direct Growth | 3.25% |
 DSP Small Cap Fund Direct Plan Growth | 2.84% |
 HSBC Midcap Fund Direct Plan Growth | 3.61% |
| HSBC Small Cap Fund Fund Direct Growth | 2.08% |
Ratnamani Metals & Tubes Ltd Shareholding Pattern
| Investors | Holdings % | Prev. 3 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 59.77% | 0.00 | |
| Foreign Institutions | 12.87% | 0.64 | |
| Mutual Funds | 16.3% | 0.04 | |
| Retail Investors | 10.88% | ||
| Others | 0.18% | 14.40 |
Technicals of Ratnamani Metals & Tubes Ltd share
News & Events of Ratnamani Metals & Tubes Ltd
Frequently Asked Questions
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Ratnamani Metals & Tubes Ltd (RATNAMANI) share price today is ₹3740.35
Ratnamani Metals & Tubes Ltd is listed on NSE
Ratnamani Metals & Tubes Ltd is listed on BSE
- Today’s highest price of Ratnamani Metals & Tubes Ltd is ₹3843.
- Today’s lowest price of Ratnamani Metals & Tubes Ltd is ₹3702.35.
PE Ratio of Ratnamani Metals & Tubes Ltd is 42.66
PE ratio = Ratnamani Metals & Tubes Ltd Market price per share / Ratnamani Metals & Tubes Ltd Earnings per share
Today’s traded volume of Ratnamani Metals & Tubes Ltd(RATNAMANI) is 71.25K.
Today’s market capitalisation of Ratnamani Metals & Tubes Ltd(RATNAMANI) is ₹26698.39Cr.
| Ratnamani Metals & Tubes Ltd(RATNAMANI | Price |
|---|---|
52 Week High | ₹3938.8 |
52 Week Low | ₹1886.4 |
Ratnamani Metals & Tubes Ltd(RATNAMANI) share price is ₹3740.35. It is down -5.04% from its 52 Week High price of ₹3938.8
Ratnamani Metals & Tubes Ltd(RATNAMANI) share price is ₹3740.35. It is up 98.28% from its 52 Week Low price of ₹1886.4
| Ratnamani Metals & Tubes Ltd(RATNAMANI | Returns |
|---|---|
1 Day Returns | -68.7% |
1 Month Returns | 31.68% |
3 Month Returns | 40.08% |
1 Year Returns | 93.94% |