Ratnamani Metals & Tubes Ltd Share Price (RATNAMANI)
₹2969.4▲0.22%
Ratnamani Metals & Tubes Ltd share Performance
- ₹2920₹3030₹2969.4
1.66%
Low
Day's Volatility:3.70%
High
2.04%
- ₹2079.35₹3938.8₹2969.4
29.97%
Low
52 Weeks Volatility:62.62%
High
32.65%
| Returns % | |
| 1 Month Return | 9.43 % |
| 3 Month Return | -9.71 % |
| 1 Year Return | 39.17 % |
| Market Stats | |
| Previous Close | ₹2,962.80 |
| Open | ₹2,965.70 |
| Volume | 44.07K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹20,766.86Cr |
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 ₹3689.2
Source: S&P Global Market Intelligence
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: ₹2969.40 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹20,766.86Cr as of today
Revenue: ₹1,257.26Cr as on December 2023 (Q4 23)
Net Profit: ₹132.79Cr as on December 2023 (Q4 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 |
Key events for Ratnamani Metals & Tubes Ltd
Ratnamani Metals & Tubes Forms Wholly Owned Subsidiary in UAE - 17 Apr, 2024
Ratnamani Metals & Tubes has incorporated a wholly owned subsidiary company, RATNAMANI MIDDLE EAST PIPES TRADING - L.L.C. - O.P.C., in Abu Dhabi, United Arab Emirates.
Ratnamani Metals & Tubes Ltd Share Price Climbs 405% Over Five Years - 11 Apr, 2024
Despite an 11% drop in the last quarter, Ratnamani Metals & Tubes has seen a fantastic longer-term performance with a share price growth of 405% over five years. The company managed to grow its earnings per share at 20% a year during that period, which is slower than the share price growth of 38% per year. However, market participants hold the company in higher regard these days due to its impressive track record of earnings growth.
Ratnamani Metals & Tubes Ltd Up for Fifth Straight Session - 04 Apr, 2024
Ratnamani Metals & Tubes Ltd stock is up 1.54% on the day and has gained 46.96% in the last year, outperforming NIFTY and Nifty Metal. The PE of the stock is 30.71 based on TTM earnings ending December 23.
Ratnamani Metals & Tubes Ltd Up 3.16% on NSE - 22 Mar, 2024
Ratnamani Metals & Tubes Ltd is up for a third straight session, trading at Rs 2861, up 3.16% on the day as of 12:49 IST on the NSE. The stock has dropped around 3.88% in the last month and has a PE ratio of 30.56 based on TTM earnings ending December 23.
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 IMPACTRetail Holding Up
Retail Investor have increased holdings from 11.17% to 11.22% in Mar 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, RATNAMANI stock has moved up by 0.9%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 1.14K Cr → 1.27K Cr (in ₹), with an average increase of 10.3% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 12.77% to 12.87% in Mar 2024 quarter
- 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 Mar 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, NMDC Ltd has given 114.1% return, outperforming this stock by 74.9%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 15.96% to 15.75% in Mar 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 163.89 Cr → 132.87 Cr (in ₹), with an average decrease of 18.9% per quarter
Ratnamani Metals & Tubes Ltd Valuation
Ratnamani Metals & Tubes Ltd in the last 5 years
Lowest (12.11x)
May 22, 2020
Industry (24.94x)
April 16, 2024
Today (33.25x)
April 16, 2024
Highest (58.52x)
June 6, 2022
Mutual Fund Holdings
| Funds | Holdings |
 Kotak Emerging Equity Scheme Direct Growth | 1.33% |
| Kotak Small Cap Direct Growth | 2.67% |
 DSP Small Cap Fund Direct Plan Growth | 2.24% |
 HSBC Midcap Fund Direct Plan Growth | 2.51% |
| HSBC Small Cap Fund Fund Direct Growth | 1.76% |
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 59.77% | 0.00 | |
| Foreign Institutions | 12.87% | 0.00 | |
| Mutual Funds | 15.75% | 0.00 | |
| Retail Investors | 11.22% | 0.00 | |
| Others | 0.39% | 0.00 |
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 ₹2969.4
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 ₹3030.
- Today’s lowest price of Ratnamani Metals & Tubes Ltd is ₹2920.
PE Ratio of Ratnamani Metals & Tubes Ltd is 33.25
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 44.07K.
Today’s market capitalisation of Ratnamani Metals & Tubes Ltd(RATNAMANI) is ₹20766.86Cr.
| Ratnamani Metals & Tubes Ltd(RATNAMANI | Price |
|---|---|
52 Week High | ₹3938.8 |
52 Week Low | ₹2079.35 |
Ratnamani Metals & Tubes Ltd(RATNAMANI) share price is ₹2969.4. It is down -24.61% from its 52 Week High price of ₹3938.8
Ratnamani Metals & Tubes Ltd(RATNAMANI) share price is ₹2969.4. It is up 42.80% from its 52 Week Low price of ₹2079.35
| Ratnamani Metals & Tubes Ltd(RATNAMANI | Returns |
|---|---|
1 Day Returns | 6.6% |
1 Month Returns | 9.43% |
3 Month Returns | -9.71% |
1 Year Returns | 39.17% |