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Ratnamani Metals bags order of Rs 81 crore for Oil & Gas Pipeline project

23 Dec 2019 Evaluate

Ratnamani Metals & Tubes has received new domestic order of Rs 81 crore for supply of Coated CS Pipes for an Oil & Gas Pipeline project to be completed between April to September 2020.

Earlier, the company had secured two major orders worth Rs 224 crore in carbon steel division. Domestic order is for Rs 124 crore for supply of coated CS pipes for an Oil & Gas Pipeline project.

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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