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Ratnamani Metals & Tubes Ltd Share Price (RATNAMANI)

₹3500.40.81%

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Overview
Fundamentals
Q2 '23 Results
Technicals
News and Events

Overview of Ratnamani Metals & Tubes Ltd

Key events for Ratnamani Metals & Tubes Ltd

  • 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.

  • Results Calendar: Ratnamani Metals & Tubes Ltd to announce results - 02 Nov, 2023

    Ratnamani Metals & Tubes Ltd is among the companies scheduled to announce their quarterly/half-yearly financial results on November 2, 2023.

  • Ratnamani Metals & Tubes Ltd sees 4.5% stock increase and high ROE - 20 Oct, 2023

    Ratnamani Metals & Tubes Ltd has seen a 4.5% stock increase over the past three months, with a higher than average ROE of 21%. The company has reinvested profits at a high rate of return for growth, but earnings growth is expected to slow down.

  • Ratnamani Metals & Tubes Announces Joint Venture - 24 Sep, 2023

    Ratnamani Metals & Tubes Ltd has announced a joint venture agreement with Technoenergy AG to create Ratnamani Finow Spooling Solutions Private Limited, focused on providing pipe spooling solutions.

  • Ratnamani Metals & Tubes Ltd Shows Strong Growth and Insider Ownership - 07 Sep, 2023

    Ratnamani Metals & Tubes Ltd has shown strong growth in revenues, profits, and EPS over the last three years. EBIT margins have also improved by 3.5 percentage points to 16% in the past year. Insiders own a significant share of the company.

  • Ratnamani Metals & Tubes Reports Strong Q1 Results - 10 Aug, 2023

    Ratnamani Metals & Tubes Ltd reported a strong Q1 performance with a 55% YoY increase in net profit and a 20% YoY rise in revenue. The company has also expanded its order book and plans to achieve a revenue milestone of Rs 6,000 crore by 2025.

  • Ratnamani Metals & Tubes Declares Dividend - 27 Jul, 2023

    Ratnamani Metals & Tubes Ltd has declared a final dividend of Rs 12 per equity share with a face value of Rs 2. The stock will trade ex-dividend on July 27, 2023.

  • Ratnamani Metals & Tubes Ltd to Trade Ex-Dividend - 23 Jul, 2023

    Ratnamani Metals & Tubes Ltd is set to trade ex-dividend in the next 3 days, with an upcoming dividend of ₹12.00 per share. The company has a trailing yield of 0.5% on the current share price of ₹2608.35.

  • Ratnamani Metals & Tubes Ltd to Increase Dividend Payment - 13 Jul, 2023

    Ratnamani Metals & Tubes Ltd is set to increase its dividend payment to ₹12.00 on September 2nd, with potential for future growth due to a low payout ratio and strong earnings.

  • Ratnamani Metals & Tubes Ltd Shows Strong ROCE and Growth in Returns - 29 Jun, 2023

    Ratnamani Metals & Tubes Ltd has shown a great return on capital employed (ROCE) of 24%, which is higher than the industry average of 13%. The company has seen considerable growth in returns generated on capital employed in the last five years, with an increase of 116% in the amount of capital employed. The stock has returned 292% to shareholders over the last five years.

Analyst Rating for Ratnamani Metals & Tubes Ltd stock

based on 5 analysts

BUY
100.00%
Buy
0.00%
Hold
0.00%
Sell

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

  • ₹3464.05
    ₹3559.95
    ₹3500.4
    downward going graph

    1.04%

    Downside

    Day's Volatility:2.74%

    Upside

    1.70%

    downward going graph
  • ₹1886.4
    ₹3618
    ₹3500.4
    downward going graph

    46.11%

    Downside

    52 Weeks Volatility:49.47%

    Upside

    3.36%

    downward going graph
1 Month Return26.48 %
3 Month Return36.81 %
1 Year Return83.38 %
Previous Close₹3,529.10
Open₹3,510.25
Volume28.93K
Market Cap₹24,736.17Cr

Ratnamani Metals & Tubes Ltd Company Information

Ratnamani Metals & Tubes Ltd is an Indian-based company established in 1989. It is a leading manufacturer and supplier of stainless steel and carbon steel pipes and tubes.

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: ₹3500.40 per share as on 28 Nov, 2023 04:01 PM
Market Capitalisation: ₹24,736.17Cr 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
OrganisationRatnamani Metals & Tubes Ltd
Headquarters
IndustrySteel
E-voting on sharesClick 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.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, RATNAMANI stock has moved up by 26.5%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 133.86 Cr → 163.89 Cr (in ₹), with an average increase of 18.3% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, RATNAMANI has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, RATNAMANI has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 12.79% to 12.87% in Sep 2023 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 59.77% of holdings in Sep 2023 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 10.99% to 10.88% in Sep 2023 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    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

  • Overview

  • Trends

Lowest (12.11x)

May 22, 2020

Industry (21.09x)

November 24, 2023

Today (39.52x)

November 24, 2023

Highest (58.52x)

June 6, 2022

LowHigh

Ratnamani Metals & Tubes Ltd Mutual Fund Holdings

Funds Holdings
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth1.57%
Kotak Small Cap Direct GrowthKotak Small Cap Direct Growth3.25%
DSP Small Cap Fund Direct Plan GrowthDSP Small Cap Fund Direct Plan Growth2.84%
HSBC Midcap Fund Direct Plan GrowthHSBC Midcap Fund Direct Plan Growth3.61%
HSBC Small Cap Fund Fund Direct GrowthHSBC Small Cap Fund Fund Direct Growth2.08%

Ratnamani Metals & Tubes Ltd Shareholding Pattern

InvestorsHoldings %Prev. 3 periods3M change
Promoter Holdings
59.77%
0.00
Foreign Institutions
12.87%
0.64
Mutual Funds
16.3%
0.04
Retail Investors
10.88%
-1.00
Others
0.18%
14.40

Technicals of Ratnamani Metals & Tubes Ltd share

News & Events of Ratnamani Metals & Tubes Ltd

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Ratnamani Metals & Tubes Ltd (RATNAMANI) share price today is ₹3500.4

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 ₹3559.95.
  • Today’s lowest price of Ratnamani Metals & Tubes Ltd is ₹3464.05.

PE Ratio of Ratnamani Metals & Tubes Ltd is 39.52

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 28.93K.

Today’s market capitalisation of Ratnamani Metals & Tubes Ltd(RATNAMANI) is ₹24736.17Cr.

Ratnamani Metals & Tubes Ltd(RATNAMANIPrice
52 Week High
₹3618
52 Week Low
₹1886.4

Ratnamani Metals & Tubes Ltd(RATNAMANI) share price is ₹3500.4. It is down -3.25% from its 52 Week High price of ₹3618

Ratnamani Metals & Tubes Ltd(RATNAMANI) share price is ₹3500.4. It is up 85.56% from its 52 Week Low price of ₹1886.4

Ratnamani Metals & Tubes Ltd(RATNAMANIReturns
1 Day Returns
-28.7%
1 Month Returns
26.48%
3 Month Returns
36.81%
1 Year Returns
83.38%