Rama Steel Tubes Share Price
Start SIP in Rama Steel Tubes
Start SIPRama Steel Tubes Performance
Day Range
- Low 13
- High 15
52 Week Range
- Low 10
- High 18
- Open Price14
- Previous Close14
- Volume31909902
Rama Steel Tubes Investment Rating
-
Master Rating:
-
Rama Steel Tubes has an operating revenue of Rs. 950.63 Cr. on a trailing 12-month basis. An annual revenue de-growth of -22% needs improvement, Pre-tax margin of 4% needs improvement, ROE of 8% is fair but needs improvement. The company has a reasonable debt to equity of 8%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 8% and 7% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -18% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 57 which is a POOR score indicating inconsistency in earnings, a RS Rating of 53 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 97 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive 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 | 158 | 208 | 211 | 156 | 219 | 337 |
| Operating Expenses Qtr Cr | 154 | 199 | 200 | 149 | 209 | 320 |
| Operating Profit Qtr Cr | 5 | 8 | 12 | 6 | 11 | 17 |
| Depreciation Qtr Cr | 1 | 1 | 1 | 1 | 1 | 1 |
| Interest Qtr Cr | 2 | 3 | 5 | 1 | 3 | 4 |
| Tax Qtr Cr | 1 | 2 | 2 | 1 | 2 | 4 |
| Net Profit Qtr Cr | 3 | 7 | 6 | 4 | 6 | 10 |
Rama Steel Tubes Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 9
- Bearish Moving Average
- ___
- 7
- 20 Day
- ₹14.37
- 50 Day
- ₹13.37
- 100 Day
- ₹12.79
- 200 Day
- ₹12.55
- 20 Day
- ₹15.03
- 50 Day
- ₹12.77
- 100 Day
- ₹12.15
- 200 Day
- ₹12.75
Rama Steel Tubes Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 14.74 |
| Second Resistance | 15.16 |
| Third Resistance | 15.83 |
| RSI | 51.54 |
| MFI | 25.56 |
| MACD Single Line | 0.65 |
| MACD | 0.38 |
| Support | |
|---|---|
| First Support | 13.65 |
| Second Support | 12.98 |
| Third Supoort | 12.56 |
Rama Steel Tubes Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 36,267,224 | 966,521,520 | 26.65 |
| Week | 35,171,432 | 1,138,147,523 | 32.36 |
| 1 Month | 99,584,011 | 2,758,477,099 | 27.7 |
| 6 Month | 44,654,049 | 1,407,942,158 | 31.53 |
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. 794.07 Cr. and Equity Capital is Rs. 154.42 Cr. for the Year ended 31/03/2024. 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 | 2,132 |
| Sales | 733 |
| Shares in Float | 68.39 |
| No of funds | 7 |
| Yield |
| Book Value | 7.26 |
| U/D Vol ratio | 1.7 |
| LTDebt / Equity | 5 |
| Alpha | 0.03 |
| Beta | 1.07 |
Rama Steel Tubes Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 56.33% | 56.7% | 57.23% | 57.14% |
| Mutual Funds | 0.59% | 0.59% | ||
| Foreign Portfolio Investors | 0.05% | 0.08% | 0.33% | 0.33% |
| Individual Investors | 33.19% | 30.79% | 24.58% | 24.6% |
| Others | 10.43% | 12.43% | 17.27% | 17.34% |
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 | Ind. Non-Executive Director |
| Mrs. Anju Gupta | Ind. Non-Executive Director |
| Mr. Jai Prakash Gupta | Ind. Non-Executive Director |
Rama Steel Tubes Forecast
Price Estimates
Rama Steel Tubes Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-08-14 | Quarterly Results | |
| 2024-05-30 | Audited Results | |
| 2024-04-22 | Others | |
| 2024-02-14 | Quarterly Results | |
| 2024-01-24 | Bonus issue |
| Date | Purpose | Remarks |
|---|---|---|
| 2022-02-25 | INTERIM | Re.0.50 per share (10%) First Interim Dividend |
| Date | Purpose | Remarks |
|---|---|---|
| 2024-03-19 | Bonus | Re.0.00 Issue in the ratio of 2:1.of Re. 1/- |
| 2023-01-06 | Bonus | Re.0.00 Issue in the ratio of 4:1.of Re. 1/- |
| Date | Purpose | Remarks |
|---|---|---|
| 2022-08-26 | Split | Rs.0.00 split from Rs. 5/- to Re. 1/-. |
Rama Steel Tubes FAQs
What is Share Price of Rama Steel Tubes ?
Rama Steel Tubes share price is ₹14 As on 09 October, 2024 | 04:48
What is the Market Cap of Rama Steel Tubes ?
The Market Cap of Rama Steel Tubes is ₹2224.1 Cr As on 09 October, 2024 | 04:48
What is the P/E ratio of Rama Steel Tubes ?
The P/E ratio of Rama Steel Tubes is 77.1 As on 09 October, 2024 | 04:48
What is the PB ratio of Rama Steel Tubes ?
The PB ratio of Rama Steel Tubes is 6.4 As on 09 October, 2024 | 04:48
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