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Ratnamani Metals soars on bagging order worth Rs 248 crore

13 Nov 2017 Evaluate

Ratnamani Metals & Tubes is currently trading at Rs. 906.00, up by 15.40 points or 1.73% from its previous closing of Rs. 890.60 on the BSE.

The scrip opened at Rs. 891.00 and has touched a high and low of Rs. 925.00 and Rs. 890.00 respectively. So far 30996 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 955.00 on 29-Aug-2017 and a 52 week low of Rs. 551.25 on 02-Dec-2016.

Last one week high and low of the scrip stood at Rs. 925.00 and Rs. 875.00 respectively. The current market cap of the company is Rs. 4239.87 crore.

The promoters holding in the company stood at 60.09%, while Institutions and Non-Institutions held 19.03% and 20.87% respectively.

Ratnamani Metals & Tubes has bagged new order of Rs 248 crore from Oil & Gas Sector for Coated ERW Pipes to be completed by August, 2018.

Earlier in August, the company had bagged new domestic order of 80,000 MT for supply of Carbon Steel Coated Pipes.

Ratnamani Metals & Tubes is a multi-location, multi-product company, in India, manufacturing Tubes & Pipes in Stainless Steel/Exotic material and also Carbon Steel Pipes, in wide size ranges, for wide spectrum of applications.


Ratnamani Metals Share Price

2462.20 116.55 (4.97%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
View more..

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