₹3199▲0.48%
1.53%
Low
Day's Volatility:2.06%
High
0.53%
32.79%
Low
52 Weeks Volatility:55.92%
High
23.13%
Returns % | |
1 Month Return | 8.66 % |
3 Month Return | -3.27 % |
1 Year Return | 44.97 % |
Market Stats | |
Previous Close | ₹3,183.70 |
Open | ₹3,185.05 |
Volume | 2.07L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹22,315.19Cr |
based on 5 analysts
Based on 5 analysts offering long term price targets for Ratnamani Metals & Tubes Ltd. An average target of ₹3669.2
Source: S&P Global Market Intelligence
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 Ltd has an ROCE of 27%, outpacing the industry average of 15%. Over the last five years, returns on capital employed have risen substantially to 27%. The company is earning more per dollar of capital invested and profitably reinvesting capital.
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.
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.
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
FII Holding Up
Foreign Institutions have increased holdings from 12.77% to 12.87% in Mar 2024 quarter
Retail Holding Up
Retail Investor have increased holdings from 11.17% to 11.22% in Mar 2024 quarter
Price Rise
In the last 7 days, RATNAMANI stock has moved up by 5.9%
Against Peers
In the last 3 years, Jindal Steel & Power Ltd has given 111.5% return, outperforming this stock by 48.9%
Against Peers
In the last 1 year, NMDC Ltd has given 134.7% return, outperforming this stock by 89.7%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 59.77% of holdings in Mar 2024 quarter
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
MF Holding Down
Mutual Funds have decreased holdings from 15.96% to 15.75% in Mar 2024 quarter
Ratnamani Metals & Tubes Ltd in the last 5 years
Lowest (12.11x)
May 22, 2020
Industry (27.40x)
May 2, 2024
Today (35.73x)
May 2, 2024
Highest (58.52x)
June 6, 2022
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
Ratnamani Metals & Tubes Ltd (RATNAMANI) share price today is ₹3199
Ratnamani Metals & Tubes Ltd is listed on NSE
Ratnamani Metals & Tubes Ltd is listed on BSE
PE Ratio of Ratnamani Metals & Tubes Ltd is 35.73
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 2.07L.
Today’s market capitalisation of Ratnamani Metals & Tubes Ltd(RATNAMANI) is ₹22315.19Cr.
Ratnamani Metals & Tubes Ltd(RATNAMANI | Price |
---|---|
52 Week High | ₹3938.8 |
52 Week Low | ₹2150 |
Ratnamani Metals & Tubes Ltd(RATNAMANI) share price is ₹3199. It is down -18.78% from its 52 Week High price of ₹3938.8
Ratnamani Metals & Tubes Ltd(RATNAMANI) share price is ₹3199. It is up 48.79% from its 52 Week Low price of ₹2150
Ratnamani Metals & Tubes Ltd(RATNAMANI | Returns |
---|---|
1 Day Returns | 15.3% |
1 Month Returns | 8.66% |
3 Month Returns | -3.27% |
1 Year Returns | 44.97% |