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Rama Steel Tubes gains on installing Solar Project at Khopoli

20 Jun 2017 Evaluate

Rama Steel Tubes is currently trading at Rs. 136.30, up by 3.95 points or 2.98% from its previous closing of Rs. 132.35 on the BSE.

The scrip opened at Rs. 133.95 and has touched a high and low of Rs. 137.70 and Rs. 133.95 respectively. So far 77,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 162.85 on 10-May-2017 and a 52 week low of Rs. 88.10 on 24-Jun-2016.

Last one week high and low of the scrip stood at Rs. 137.70 and Rs. 125.00 respectively. The current market cap of the company is Rs. 217.90 crore.

The promoters holding in the company stood at 60.98%, while public held 39.02% respectively in the company.

Rama Steel Tubes has installed Solar Project at Khopoli facility in state of Maharashtra. This Solar project will be generating 1100 MWh / Year of energy, same amount of energy needed to power the installed and upcoming capacities.

The solar project has a capacity of 750 KWp and will generate the same amount of energy needed to power the current as well as the planned upcoming capacity. The estimated amount of reduction in the Carbon Footprint will reduce by 1120 MT pa by reducing the emission of Carbon dioxide into the atmosphere.

Rama Steel Tubes is a pioneer in the steel tubes industry and well established strong brand known for its high quality amongst customers. The company has two state of art manufacturing facilities with a total installed capacity of 1,32,000 MT.


Rama Steel Tubes Share Price

5.93 0.28 (4.96%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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