₹3500.4
Overview of Ratnamani Metals & Tubes Ltd
Key events for Ratnamani Metals & Tubes Ltd
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.
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
1.04%
Downside
Day's Volatility:2.74%
Upside
1.70%
46.11%
Downside
52 Weeks Volatility:49.47%
Upside
3.36%
Returns % | |
1 Month Return | 26.48 % |
3 Month Return | 36.81 % |
1 Year Return | 83.38 % |
Market Stats | |
Previous Close | ₹3,529.10 |
Open | ₹3,510.25 |
Volume | 28.93K |
Market Cap | ₹24,736.17Cr |
Organisation | Ratnamani Metals & Tubes Ltd |
Headquarters | |
Industry | Steel |
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Fundamentals of 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.
Price Rise
In the last 1 month, RATNAMANI stock has moved up by 26.5%
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
Best in 3 Years
In the last 3 years, RATNAMANI has outperformed top 5 stocks with highest market-cap in Iron & Steel
Best in 1 Year
In the last 1 year, RATNAMANI has outperformed top 5 stocks with highest market-cap in Iron & Steel
FII Holding Up
Foreign Institutions have increased holdings from 12.79% to 12.87% in Sep 2023 quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 59.77% of holdings in Sep 2023 quarter
Retail Holding Down
Retail Investor have decreased holdings from 10.99% to 10.88% in Sep 2023 quarter
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 in the last 5 years
Lowest (12.11x)
May 22, 2020
Industry (21.09x)
November 24, 2023
Today (39.52x)
November 24, 2023
Highest (58.52x)
June 6, 2022
Funds | Holdings |
![]() | 1.57% |
![]() | 3.25% |
![]() | 2.84% |
![]() | 3.61% |
![]() | 2.08% |
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
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
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(RATNAMANI | Price |
---|---|
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(RATNAMANI | Returns |
---|---|
1 Day Returns | -28.7% |
1 Month Returns | 26.48% |
3 Month Returns | 36.81% |
1 Year Returns | 83.38% |