Ratnamani Metals & Tubes Share Price
- Advice
- Hold
Start SIP in Ratnamani Metals & Tubes
Start SIPRatnamani Metals & Tubes Performance
Day Range
- Low 3,750
- High 3,820
52 Week Range
- Low 2,510
- High 3,979
- Open Price3,754
- Previous Close3,814
- Volume25487
Ratnamani Metals & Tubes Investment Rating
-
Master Rating:
-
Ratnamani Metals & Tubes has an operating revenue of Rs. 5,067.86 Cr. on a trailing 12-month basis. An annual revenue growth of 14% is good, Pre-tax margin of 16% is great, ROE of 19% is exceptional. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 5% and 14% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 2% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 58 which is a POOR score indicating inconsistency in earnings, a RS Rating of 52 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 100 indicates it belongs to a poor industry group of Steel-Specialty Alloys and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 1,110 | 1,424 | 1,199 | 1,072 | 1,112 | 1,436 |
Operating Expenses Qtr Cr | 956 | 1,184 | 1,005 | 831 | 913 | 1,144 |
Operating Profit Qtr Cr | 155 | 240 | 194 | 240 | 199 | 292 |
Depreciation Qtr Cr | 22 | 21 | 21 | 20 | 21 | 20 |
Interest Qtr Cr | 5 | 9 | 7 | 6 | 5 | 7 |
Tax Qtr Cr | 34 | 54 | 45 | 57 | 45 | 75 |
Net Profit Qtr Cr | 105 | 168 | 134 | 169 | 137 | 196 |
Ratnamani Metals & Tubes Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 12
- Bearish Moving Average
- ___
- 4
- 20 Day
- ₹3,728.73
- 50 Day
- ₹3,630.87
- 100 Day
- ₹3,504.02
- 200 Day
- ₹3,303.31
- 20 Day
- ₹3,702.71
- 50 Day
- ₹3,631.07
- 100 Day
- ₹3,487.62
- 200 Day
- ₹3,332.23
Ratnamani Metals & Tubes Resistance and Support
Resistance | |
---|---|
First Resistance | 3,816.13 |
Second Resistance | 3,853.27 |
Third Resistance | 3,886.33 |
RSI | 59.22 |
MFI | 64.29 |
MACD Single Line | 59.05 |
MACD | 64.90 |
Support | |
---|---|
First Support | 3,745.93 |
Second Support | 3,712.87 |
Third Supoort | 3,675.73 |
Ratnamani Metals & Tubes Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 26,663 | 1,757,625 | 65.92 |
Week | 76,016 | 5,285,365 | 69.53 |
1 Month | 53,624 | 3,446,948 | 64.28 |
6 Month | 53,225 | 3,535,187 | 66.42 |
Ratnamani Metals & Tubes Result Highlights
Ratnamani Metals & Tubes Synopsis
NSE-Steel-Specialty Alloys
Ratnamani Metals is involved in the business activities of Manufacture of tube and tube fittings of basic iron and steel. Company’s Total Operating Revenue is Rs. 4806.77 Cr. and Equity Capital is Rs. 14.02 Cr. for the Year ended 31/03/2024. Ratnamani Metals & Tubes Ltd. is a Public Limited Listed company incorporated on 15/09/1983 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L70109GJ1983PLC006460 and registration number is 006460.Market Cap | 26,734 |
Sales | 4,805 |
Shares in Float | 2.80 |
No of funds | 137 |
Yield | 0.37 |
Book Value | 8.3 |
U/D Vol ratio | 0.9 |
LTDebt / Equity | 2 |
Alpha | 0.06 |
Beta | 0.85 |
Ratnamani Metals & Tubes Shareholding Pattern
Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
---|---|---|---|---|
Promoters | 59.77% | 59.77% | 59.77% | 59.77% |
Mutual Funds | 16.14% | 15.75% | 15.96% | 16.3% |
Insurance Companies | 0.27% | 0.23% | 0.2% | 0.11% |
Foreign Portfolio Investors | 12.61% | 12.86% | 12.77% | 12.87% |
Financial Institutions/ Banks | ||||
Individual Investors | 9.19% | 9.29% | 9.08% | 9.06% |
Others | 2.02% | 2.1% | 2.22% | 1.89% |
Ratnamani Metals & Tubes Management
Name | Designation |
---|---|
Mr. Prakash M Sanghvi | Chairman & Managing Director |
Mr. Jayanti M Sanghvi | Joint Managing Director |
Mrs. Shanti M Sanghvi | Whole Time Director |
Mr. Sushil Solanki | Independent Director |
Mr. Dhinal A Shah | Independent Director |
Mr. Rajesh G Desai | Independent Director |
Mrs. Nidhi G Gadhecha | Independent Woman Director |
Ratnamani Metals & Tubes Forecast
Price Estimates
Ratnamani Metals & Tubes Corporate Action
Ratnamani Metals & Tubes FAQs
What is Share Price of Ratnamani Metals & Tubes ?
Ratnamani Metals & Tubes share price is ₹3,779 As on 18 September, 2024 | 02:30
What is the Market Cap of Ratnamani Metals & Tubes ?
The Market Cap of Ratnamani Metals & Tubes is ₹26487.8 Cr As on 18 September, 2024 | 02:30
What is the P/E ratio of Ratnamani Metals & Tubes ?
The P/E ratio of Ratnamani Metals & Tubes is 44.6 As on 18 September, 2024 | 02:30
What is the PB ratio of Ratnamani Metals & Tubes ?
The PB ratio of Ratnamani Metals & Tubes is 8.2 As on 18 September, 2024 | 02:30