Is Rama Steel Tubes a good stock to invest in?

Rama Steel Tubes is trading -1.33% lower at Rs 13.37 as compared to its last closing price. Rama Steel Tubes has been trading in the price range of 13.59 & 13.32. Rama Steel Tubes has given 12.67% in this year & -1.10% in the last 5 days.

Rama Steel Tubes has TTM P/E ratio 80.25 as compared to the sector P/E of 15.29.

The company posted a net profit of 4.05 Crores in its last quarter.

Listed peers of Rama Steel Tubes include Welspun Specialty Solutions (5.65%), Vardhman Special Steels (0.32%), Rama Steel Tubes (-1.33%) etc.

Rama Steel Tubes has a 52.04% public holding.The Mutual Fund holding in Rama Steel Tubes was at 0.59% in 31 Dec 2023. The MF holding has decreased from the last quarter. The FII holding in Rama Steel Tubes was at 0.17% in 30 Sep 2024. The FII holding has increased from the last quarter.

13.37 -0.18 (-1.33%)Updated : Wed 11 Dec, 2024 | 15:51:33

Rama Steel Tubes share price range

Today's Low

13.32

Today's High

13.59

52 Week Low

9.91

52 Week High

17.51

Rama Steel Tubes share Key Metrics

Updated on 11 Dec 2024, 01:09 AM IST

Market Cap ( ₹ Cr.)

2,101.32

Beta	1.37
Div. Yield (%)	0.00
P/B	6.23
D/E	0.27
Open Price	13.59

TTM P/E	80.25
Peg. Ratio	3.40
Sector P/E	15.29
Prev. Close	13.55

RAMASTEEL share Key metrics

Technical Trends

Long Term
Considers price movement over the last 6 months

Not Available

Short Term
Considers price movement over the last 1-2 weeks

Not Available

Bearish
Moderately Bearish
Neutral
Moderately Bullish
Bullish

Insight: Trends unavailable at the moment.

Rama Steel Tubes Financials

INCOME
BALANCE SHEET
Cashflow

Annual

Quarterly

Period	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Total Revenue	1,046.51	1,336.75	768.17	470.43
Selling/ General/ Admin Expenses Total	12.62	34.71	29.15	17.98
Depreciation/ Amortization	5.64	4.53	4.10	3.31
Other Operating Expenses Total	25.90	-0.53	-0.59	-0.58
Total Operating Expense	992.79	1,288.12	728.47	454.66
Operating Income	53.72	48.63	39.70	15.78
Net Income Before Taxes	37.53	34.96	35.95	14.71
Net Income	29.13	26.67	27.32	12.38
Diluted Normalized EPS	0.50	0.19	0.22	0.10

*All figures in crores except per share values

Detailed RAMASTEEL Financials

Rama Steel Tubes forecast

Income Sheet (In Cr)Net Income Vs Revenue

Returns Metrics (In Cr)ROA Vs ROE

Rama Steel Tubes Corporate actions

Board Meetings
AGM
Dividends
Bonus
Split
Rights

Meeting Date	Purpose
10-Dec-24	Preferential issue of shares
14-Nov-24	Quarterly Results
14-Aug-24	Quarterly Results
30-May-24	Audited Results
22-Apr-24	Others
14-Feb-24	Quarterly Results
24-Jan-24	Bonus issue
10-Nov-23	Quarterly Results
20-Oct-23	Others
14-Aug-23	Quarterly Results

Meeting Date	Announcement On	Purpose
14-Oct-24	17-Sep-24	POM
30-Sep-24	14-Aug-24	AGM
01-Jun-24	03-Jun-24	EGM
01-Mar-24	29-Jan-24	POM
28-Sep-23	08-Sep-23	AGM
30-Sep-22	31-Aug-22	AGM
21-May-22	29-Apr-22	POM

Announcement On	Record Date	Ex-Dividend	Dividend Value
14-Feb-22	25-Feb-22	24-Feb-22	0.5

Announcement Date	Record Date	Ex-Bonus	Description
24-Jan-24	19-Mar-24	19-Mar-24	Bonus Issue in the ratio of 2:1.of Re. 1/-
18-Nov-22	06-Jan-23	06-Jan-23	Bonus Issue in the ratio of 4:1.of Re. 1/-

Ex-Splits	Old FV	New FV	Description
25-Aug-22	5	1	Stock split from Rs. 5/- to Re. 1/-.

Detailed RAMASTEEL Corporate actions

Rama Steel Tubes Company profile

ABOUT Rama Steel Tubes

Industry Iron & Steel
ISIN INE230R01035
BSE Code 539309
NSE Code RAMASTEEL

Rama Steel Tubes Limited is an India-based company. The Company is engaged in the business of manufacturing steel pipes, tubes and related products. Its segments include manufacturing-steel pipe; and trading-building material & steel products. It manufactures and exports electric resistance weld (ERW) steel tubes (black and galvanized). Its products include scaffold, glaze, light poles, galvanic agro, classic fire-fix, galvanic enviro, casing, and structural hollow section. Its scaffolding pipes are designed for sign poles and bracing. It is also engaged in manufacturing and exporting square/rectangular pipes and tubes hollow section. It develops and manufactures swaged poles and specialty steel structures. Its product applications are used in various industries, including automobiles, real estate and furniture. Its manufacturing facilities are located at North-Sahibabad, Uttar Pradesh; South-Anantpur, Andhra Pradesh; and West-Khopoli, Maharashtra.

Rama Steel Tubes Management

Naresh Bansal Executive Chairman of the Board, Managing Director
Richi Bansal Chief Executive Officer, Whole Time Director
Rajeev Agarwal Chief Financial Officer
Rakesh Chaturvedi President - Commercial
Rajeev Kohli Chief Operating Officer
Keshav Sharma Chief Operating Officer
Arpit Suri Compliance Officer, Company Secretary
Vineet Goel Vice President - Sales and Marketing
Alok Aggarwal General Manager - Govt-Sales and Marketing
Vinod Rawat Executive Director

FAQs about Rama Steel Tubes share price

Rama Steel Tubes is trading at 13.37 as on Wed Dec 11 2024 10:21:33. This is -1.33% lower as compared to its previous closing price of 13.55.

The market capitalization of Rama Steel Tubes is 2101.32 Cr as on Wed Dec 11 2024 10:21:33.

The 52 wk high for Rama Steel Tubes is 17.51 whereas the 52 wk low is 9.91

Rama Steel Tubes can be analyzed on the following key metrics -

TTM P/E: 80.25
Sector P/E: 15.29
Dividend Yield: 0.00%
D/E ratio: 0.27

Rama Steel Tubes reported a net profit of 29.13 Cr in 2024.

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Rama Steel Tubes share price

Rama Steel Tubes share price range

Rama Steel Tubes share Key Metrics

Rama Steel Tubes stock Analysis

Technical Trends

Long Term
Considers price movement over the last 6 months

Short Term
Considers price movement over the last 1-2 weeks

Rama Steel Tubes share price news

An unlikely trio that has captivated retail investors

Penny stock under ₹15: Rama Steel Tubes share price hits 20 per cent upper circuit, rises 32 per cent in two days

Stock in focus: Small-cap stock below ₹20 incorporates defence subsidiary after reducing sanctioned bank loan limit

Stocks to Watch: Tata Consumer, HUL, ICICI Pru., Tata Elxsi, Lupin, Dr Reddy's

Indian stock market: Rama Steel shares jump 10% after issuance of 2:1 bonus shares

Rama Steel Tubes Financials

Rama Steel Tubes forecast

Rama Steel Tubes Technical

Rama Steel Tubes Shareholding

Shareholding Pattern

Rama Steel Tubes Corporate actions

Rama Steel Tubes Company profile

ABOUT Rama Steel Tubes

Rama Steel Tubes Management

FAQs about Rama Steel Tubes share price

Rama Steel Tubes Quick Links

Equity Quick Links

Rama Steel Tubes share price

Rama Steel Tubes share price range

Rama Steel Tubes share Key Metrics

Rama Steel Tubes stock Analysis

Technical Trends

Long TermConsiders price movement over the last 6 months

Short TermConsiders price movement over the last 1-2 weeks

Rama Steel Tubes share price news

An unlikely trio that has captivated retail investors

Penny stock under ₹15: Rama Steel Tubes share price hits 20 per cent upper circuit, rises 32 per cent in two days

Stock in focus: Small-cap stock below ₹20 incorporates defence subsidiary after reducing sanctioned bank loan limit

Stocks to Watch: Tata Consumer, HUL, ICICI Pru., Tata Elxsi, Lupin, Dr Reddy's

Indian stock market: Rama Steel shares jump 10% after issuance of 2:1 bonus shares

Rama Steel Tubes Financials

Rama Steel Tubes forecast

Rama Steel Tubes Technical

Rama Steel Tubes Shareholding

Shareholding Pattern

Rama Steel Tubes Corporate actions

Rama Steel Tubes Company profile

ABOUT Rama Steel Tubes

Rama Steel Tubes Management

FAQs about Rama Steel Tubes share price

Rama Steel Tubes Quick Links

Equity Quick Links

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Long Term
Considers price movement over the last 6 months

Short Term
Considers price movement over the last 1-2 weeks