RAMASTEEL

RAMA STEEL TUBES

Small Cap BSE: 539309 NSE: RAMASTEEL
₹170.75
-0.5 (-0.29%)
As on 07 December, 2022 | 14:57

Rama Steel Tubes Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

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Rama Steel Tubes Share Price

Rama Steel Tubes Share Returns

  • Over 1 Month 12.82%
  • Over 3 Month 49.98%
  • Over 6 Month 146.21%
  • Over 1 Year 265.79%

Rama Steel Tubes Key Statistics

P/E Ratio 69.8
PEG Ratio -11.6
Market Cap Cr 1,558
Price to Book Ratio 12.3
EPS 1.2
Dividend 0.1
Relative Strength Index 60.33
Money Flow Index 67.85
MACD Signal 9.22
Average True Range 7.54

Rama Steel Tubes Investment Rating

  • Master Rating:
  • Rama Steel Tubes has an operating revenue of Rs. 1,024.15 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 comfortably placed above its key moving averages, around 20% and 76% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 28% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 19 which is a POOR score indicating inconsistency in earnings, a RS Rating of 95 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 61 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 declined in the last reported quarter is a negative sign. 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
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 25017819611511493104
Operating Expenses Qtr Cr 24617518811010988100
Operating Profit Qtr Cr 4384544
Depreciation Qtr Cr 1111111
Interest Qtr Cr 2222221
Tax Qtr Cr 1021111
Net Profit Qtr Cr 2032322

Rama Steel Tubes Technicals

EMA & SMA

Current Price
170.75
-0.5 (-0.29%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 165.65
  • 50 Day
  • 148.3
  • 100 Day
  • 128.46
  • 200 Day
  • 105.37
  • 20 Day
  • 169.21
  • 50 Day
  • 142
  • 100 Day
  • 121.87
  • 200 Day
  • 96.83

Rama Steel Tubes Resistance and Support

PIVOT
₹172.07
Resistance
First Resistance 174.14
Second Resistance 177.02
Third Resistance 179.09
RSI 60.33
MFI 67.85
MACD Single Line 9.23
MACD 7.65
Support
First Resistance 169.19
Second Resistance 167.12
Third Resistance 164.24

Rama Steel Tubes Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 225,596 13,005,609 57.65
Week 575,218 28,617,096 49.75
1 Month 1,258,374 55,104,210 43.79
6 Month 687,449 32,042,018 46.61

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 1,564
Sales 739
Shares in Float 3.19
No of funds 5
Yield 0.29
Book Value 14.65
U/D Vol ratio 1.3
LTDebt / Equity 23
Alpha 0.53
Beta 0.94

Rama Steel Tubes

Owner NameSep-22Aug-22Jun-22Mar-22
Promoters 65.4%67.18%70.46%
Mutual Funds 0.66%0.68%0.71%
Foreign Portfolio Investors 4.49%3.92%2.76%
Individual Investors 21.65%19.8%18.93%
Others 7.8%8.42%7.14%

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 Corporate Action

Date Purpose Remarks
2022-11-18 Bonus issue
2022-11-12 Quarterly Results
2022-08-12 Quarterly Results
2022-07-05 Stock Split Rs.0.00 alia, 1. The Proposal for sub-division of company's equity shares having face value of Rs. 5/- each and matters related thereto.
2022-05-30 Audited Results
Date Purpose Remarks
2022-02-25 INTERIM Re.0.50 per share (10%) First Interim Dividend
Date Purpose Remarks
2022-08-26 Split Rs.0.00 split from Rs. 5/- to Re. 1/-.

Rama Steel Tubes MF Shareholding

Name Amount(cr)
Quant Value Fund Regular Growth 553

Rama Steel Tubes FAQs

What is Share Price of Rama Steel Tubes ?

Rama Steel Tubes share price is ₹170 As on 07 December, 2022 | 14:43

What is the Market Cap of Rama Steel Tubes ?

The Market Cap of Rama Steel Tubes is ₹1557.8 Cr As on 07 December, 2022 | 14:43

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

The P/E ratio of Rama Steel Tubes is 69.8 As on 07 December, 2022 | 14:43

What is the PB ratio of Rama Steel Tubes ?

The PB ratio of Rama Steel Tubes is 12.3 As on 07 December, 2022 | 14:43

Q2FY23