RAMASTEEL

Rama Steel Tubes Share PriceRama Steel Tubes

₹26.55
-1.05 (-3.8%)
As on 30 March, 2023 | 12:41 BSE: 539309 NSE: RAMASTEEL

Rama Steel Tubes Performance

Day Range

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52 Week Range

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Rama Steel Tubes Share Price

  • Over 1 Month -16.38%
  • Over 3 Month -22.68%
  • Over 6 Month 29.96%
  • Over 1 Year 107.1%

Rama Steel Tubes Key Statistics

P/E Ratio 51.1
PEG Ratio -6.2
Market Cap Cr 1,237
Price to Book Ratio 9.8
EPS 0.2
Dividend 0
Relative Strength Index 27.31
Money Flow Index 13.8
MACD Signal -1.44
Average True Range 1.52

Rama Steel Tubes Investment Rating

  • Master Rating:
  • Rama Steel Tubes has an operating revenue of Rs. 1,189.41 Cr. on a trailing 12-month basis. An annual revenue growth of 63% is outstanding, Pre-tax margin of 5% is okay, ROE of 21% is exceptional. The company has a reasonable debt to equity of 25%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 35 which is a POOR score indicating inconsistency in earnings, a RS Rating of 86 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 30 indicates it belongs to a strong industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Rama Steel Tubes Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 245250178196
Operating Expenses Qtr Cr 237246175188
Operating Profit Qtr Cr 8438
Depreciation Qtr Cr 1111
Interest Qtr Cr 3222
Tax Qtr Cr 1102
Net Profit Qtr Cr 4203

Rama Steel Tubes Technicals

EMA & SMA

Current Price
₹26.55
-1.05 (-3.8%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • 30.04
  • 50 Day
  • 32.14
  • 100 Day
  • 31.8
  • 200 Day
  • 28.1
  • 20 Day
  • 30.35
  • 50 Day
  • 33.55
  • 100 Day
  • 34.25
  • 200 Day
  • 27.39

Rama Steel Tubes Resistance and Support

PIVOT
₹28.12
Resistance
First Resistance 28.84
Second Resistance 30.07
Third Resistance 30.79
RSI 27.31
MFI 13.8
MACD Single Line -1.44
MACD -1.64
Support
First Resistance 26.89
Second Resistance 26.17
Third Resistance 24.94

Rama Steel Tubes Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 3,616,483 180,317,842 49.86
Week 1,882,172 94,673,252 50.3
1 Month 1,209,549 62,957,028 52.05
6 Month 1,811,982 79,310,451 43.77

Rama Steel Tubes Result Highlights

Rama Steel Tubes Synopsis

NSE-Steel-Producers

Rama Steel Tubes is involved in the business activities of Manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. Company’s Total Operating Revenue is Rs. 517.32 Cr. and Equity Capital is Rs. 8.40 Cr. for the Year ended 31/03/2022. Rama Steel Tubes Ltd. is a Public Limited Listed company incorporated on 26/02/1974 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L27201DL1974PLC007114 and registration number is 007114.
Market Cap 1,237
Sales 868
Shares in Float 16.30
No of funds 7
Yield 1.88
Book Value 2.27
U/D Vol ratio 1.1
LTDebt / Equity 23
Alpha 0.35
Beta 1.1

Rama Steel Tubes

Owner NameJan-23Dec-22Sep-22Aug-22
Promoters 65.12%65.4%65.4%
Mutual Funds 0.64%0.66%0.66%
Foreign Portfolio Investors 3.29%3.33%4.49%
Individual Investors 23.47%22.41%21.65%
Others 7.48%8.2%7.8%

Rama Steel Tubes Management

Name Designation
Mr. Naresh Kumar Bansal Chairman & Managing Director
Mr. Richi Bansal Executive Director
Mr. Vinod Pal Singh Rawat Executive Director
Mr. Bharat Bhushan Sahny Independent Director
Mrs. Anju Gupta Independent Director
Mr. Jai Prakash Gupta Independent Director

Rama Steel Tubes Forecast

Price Estimates

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

Other Analyst Rating

Rama Steel Tubes MF Shareholding

Name Amount(cr)
Quant Value Fund Regular Growth 601

Rama Steel Tubes FAQs

What is Share Price of Rama Steel Tubes ?

Rama Steel Tubes share price is ₹26 As on 30 March, 2023 | 12:27

What is the Market Cap of Rama Steel Tubes ?

The Market Cap of Rama Steel Tubes is ₹1236.8 Cr As on 30 March, 2023 | 12:27

What is the P/E ratio of Rama Steel Tubes ?

The P/E ratio of Rama Steel Tubes is 51.1 As on 30 March, 2023 | 12:27

What is the PB ratio of Rama Steel Tubes ?

The PB ratio of Rama Steel Tubes is 9.8 As on 30 March, 2023 | 12:27

Q2FY23

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