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Ratnamani Metals & Tubes bags two orders of Rs 224 crore

20 Dec 2019 Evaluate

Ratnamani Metals & Tubes has bagged two major orders worth Rs 224 crore in carbon steel division. Domestic order is for Rs 124.00 crore for supply of coated CS pipes for an Oil & Gas Pipeline project to be completed between April to September 2020, while export order is for approximately Rs 100 crore for supply of bare CS Pipes to be completed between May to June, 2020.

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

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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