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INFY

Ratnamani Metals & Tubes ..

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Investment Ratings

As per analysts rating in the last 6 months, the recommendation is to HOLD Ratnamani Metals

  • Master Rating:
  • Ratnamani Metals & Tubes has an operating revenue of Rs. 2,374.58 Cr. on a trailing 12-month basis. An annual revenue de-growth of -11% needs improvement, Pre-tax margin of 16% is great, ROE of 13% is good. The company has a reasonable debt to equity of 7%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 7% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 80 which is a GOOD score indicating consistency in earnings, a RS Rating of 26 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 148 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Ratnamani Metals & Tubes Ltd Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Ratings

Eps And Sales Estimates

Ratnamani Metals & Tubes Ltd Synopsis

NSE-Steel-Producers

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. 2298.13 Cr. and Equity Capital is Rs. 9.35 Cr. for the Year ended 31/03/2021. 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

    INR 9,532.98 Cr

  • Sales

    INR 2,374.58 Cr

  • Shares in Float

    1.87 Cr

  • No of Funds

    94 K

  • Yield

    0.69%

  • Book Value

    4.8

  • U/D Vol Ratio

    1.8

  • LTDebt/Equity

    7%

  • Alpha

    0.02

  • Beta

    0.52

Ratnamani Metals & Tubes Ltd Ownership
Ratnamani Metals & Tubes Ltd Management

Ratnamani Metals & Tubes Ltd Financials

INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Total ShareHolders Funds Annual Cr 1986.47131708.14281521.87321308.01711186.9416
Fixed Assets Annual Cr 941.4313871.3741618.6182492.284486.4177
Total Non Current Assets Annual Cr 962.0997903.6221634.8893506.6623502.4641
Total Current Assets Annual Cr 1653.42651640.1621417.34681239.7562910.4962
Total Assets Annual Cr 2615.52622543.78412052.23611746.41851412.9603
INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Book Value Per Share Annual Rs 425.1136365.55325.6876279.9214254.0106
ROE Annual % 13.881816.6111.612.15
ROCE Annual % 17.6422.1924.6117.5917.12
Total Debt to Total Equity Annual -----
EBDIT Annual Margin % 19.2818.7816.2516.8819.21

Ratnamani Metals & Tubes Ltd Technicals

EMA & SMA

CURRENT PRICE

2040.1 (-4.13)

    • Bullish Moving Averages 2
    • Bearish Moving Averages 14

EMA

  • 20 Day

    2160.9

  • 50 Day

    2164.28

  • 100 Day

    2128.35

  • 200 Day

    2031.56

Ratnamani Metals & Tubes Ltd Resistance and support

2133.85 PIVOT

  • First Resistance

    2165.7

  • Second Resistance

    2203.35

  • Third Resistance

    2235.2

  • First Support

    2096.2

  • Second Support

    2064.35

  • Third Support

    2026.7

  • RSI

    33.49

  • MFI

    55.41

  • MACD

    -15.8

  • MACD signal line

    -5.61

Ratnamani Metals & Tubes Ltd Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 16,011 756,200 47.23%
Week 18,548 641,568 34.59%
1 Month 58,201 3,542,090 60.86%
6 Month 48,357 2,732,651 56.51%

Ratnamani Metals & Tubes Ltd Price change analysis

-102.45

Over 1 month

Low High
2012.2 2299

-129.75

Over 3 month

Low High
2012.2 2300

97.6

Over 6 months

Low High
1900 2300

350.6

Over Year

Low High
1451.2 2300

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News

Ratnamani Metals & Tubes Ltd - 520111 - Announcement under R

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that the Read More

RATNAMANI METALS & TUBES LTD.-$ - 520111 - Intimation Of Sea

We would like to inform you that the Search Operations were carried out by the Income Tax Department at the RO, CO, Branch Offices & Plants Read More

RATNAMANI METALS & TUBES LTD.-$ - 520111 - Announcement unde

We vide our letter dated October 26, 2021, had intimated to the Stock Exchanges about the schedule of the Investor Conference Call on Monday Read More

Ratnamani Metals & Tubes Ltd - 520111 - Announcement under R

With reference to the above subject, please find enclosed herewith the copy of the published Extract of the Unaudited Financial Results (Sta Read More

Ratnamani Metals & Tubes Ltd - 520111 - Board Meeting Outcom

Pursuant to Regulation 33 of the SEBI (LODR) Regs, 2015, please find enclosed herewith the Unaudited Financial Results (Stand. and Conso.) a Read More

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