RAMASTEEL

Rama Steel Tubes Share PriceRama Steel Tubes

₹38.85
-0.2 (-0.51%)
As on 11 December, 2023 | 02:42 BSE: 539309 NSE: RAMASTEELISIN: INE230R01035

Rama Steel Tubes Performance

Day Range

  • Low 37.85
  • High 39.45
₹ 38.85

52 Week Range

  • Low 26.45
  • High 46.10
₹ 38.85
  • Open Price39.20
  • Previous Close39.05
  • Volume6103202

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Rama Steel Tubes Share Price

  • Over 1 Month -3%
  • Over 3 Month -2.88%
  • Over 6 Month -0.26%
  • Over 1 Year 15.59%

Rama Steel Tubes Key Statistics

P/E Ratio 61.9
PEG Ratio 1.4
Market Cap Cr 1,981
Price to Book Ratio 7.5
EPS 0.3
Dividend 0
Relative Strength Index 60.06
Money Flow Index 68.9
MACD Signal 0.45
Average True Range 1.44

Rama Steel Tubes Investment Rating

  • Master Rating:
  • Rama Steel Tubes has an operating revenue of Rs. 1,265.33 Cr. on a trailing 12-month basis. An annual revenue growth of 73% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 10% is good. The company has a reasonable debt to equity of 13%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 8% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 14% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 90 which is a GREAT score indicating consistency in earnings, a RS Rating of 34 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 58 indicates it belongs to a fair 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

Rama Steel Tubes Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 156219337245250178196
Operating Expenses Qtr Cr 149209320237246175188
Operating Profit Qtr Cr 611178438
Depreciation Qtr Cr 1111111
Interest Qtr Cr 1343222
Tax Qtr Cr 1241102
Net Profit Qtr Cr 46104203
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,014522
Operating Expenses Annual Cr 977495
Operating Profit Annual in Cr 3322
Depreciation Cr 33
Interest Annual Cr 118
Tax Annual Cr 64
Net Profit Annual Cr 1611
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -48-33
Cash from Investing Activity Annual Cr -44-3
Cash from Financing Annual Activity Cr 9433
Net Cash Flow Annual Cr 2-4
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 21098
Fixed Assets Annual Cr 8042
Total Non Current Assets Annual Cr 15075
Total Current Assets Annual Cr 220196
Total Assets Annual Cr 370271
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 558
ROE Annual % 811
ROCE Annual % 1519
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 45
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 203313399350347240252
Operating Expenses Qtr Cr 191296371341340234235
Operating Profit Qtr Cr 121628108617
Depreciation Qtr Cr 1111111
Interest Qtr Cr 4776443
Tax Qtr Cr 1232113
Net Profit Qtr Cr 67117547
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,344777
Operating Expenses Annual Cr 1,285726
Operating Profit Annual in Cr 5143
Depreciation Cr 54
Interest Annual Cr 2011
Tax Annual Cr 89
Net Profit Annual Cr 2727
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -96-35
Cash from Investing Activity Annual Cr -53-9
Cash from Financing Annual Activity Cr 14341
Net Cash Flow Annual Cr -6-3
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 250127
Fixed Assets Annual Cr 8063
Total Non Current Assets Annual Cr 15786
Total Current Assets Annual Cr 538273
Total Assets Annual Cr 695358
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 675
ROE Annual % 1122
ROCE Annual % 1830
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 47

Rama Steel Tubes Technicals

EMA & SMA

Current Price
₹38.85
-0.2 (-0.51%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹37.70
  • 50 Day
  • ₹37.19
  • 100 Day
  • ₹36.95
  • 200 Day
  • ₹35.38
  • 20 Day
  • ₹37.79
  • 50 Day
  • ₹36.50
  • 100 Day
  • ₹37.72
  • 200 Day
  • ₹35.80

Rama Steel Tubes Resistance and Support

PIVOT
₹38.72
Resistance
First Resistance 39.58
Second Resistance 40.32
Third Resistance 41.18
RSI 60.06
MFI 68.90
MACD Single Line 0.45
MACD 0.56
Support
First Resistance 37.98
Second Resistance 37.12
Third Resistance 36.38

Rama Steel Tubes Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 6,498,004 117,548,892 18.09
Week 6,377,899 205,559,698 32.23
1 Month 4,121,637 147,348,507 35.75
6 Month 5,538,627 211,132,463 38.12

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. 1009.87 Cr. and Equity Capital is Rs. 46.58 Cr. for the Year ended 31/03/2023. 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 1,981
Sales 957
Shares in Float 21.93
No of funds 7
Yield
Book Value 8.61
U/D Vol ratio 1
LTDebt / Equity 9
Alpha -0.03
Beta 1.74

Rama Steel Tubes

Owner NameSep-23Aug-23Jul-23Jun-23
Promoters 57.14%59.9%61.48%63.91%
Mutual Funds 0.59%0.59%0.61%0.63%
Foreign Portfolio Investors 0.33%1.88%2.07%2.16%
Individual Investors 24.6%21.73%21.71%22.57%
Others 17.34%15.9%14.13%10.73%

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
2023-11-10 Quarterly Results
2023-10-20 Others
2023-08-14 Quarterly Results
2023-05-30 Audited Results
2023-02-14 Quarterly Results
Date Purpose Remarks
2022-02-25 INTERIM Re.0.50 per share (10%) First Interim Dividend
Date Purpose Remarks
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 MF Shareholding

Name Amount(cr)
Quant Value Fund Regular Growth 886

Rama Steel Tubes FAQs

What is Share Price of Rama Steel Tubes ?

Rama Steel Tubes share price is ₹38 As on 11 December, 2023 | 02:28

What is the Market Cap of Rama Steel Tubes ?

The Market Cap of Rama Steel Tubes is ₹1981.2 Cr As on 11 December, 2023 | 02:28

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

The P/E ratio of Rama Steel Tubes is 61.9 As on 11 December, 2023 | 02:28

What is the PB ratio of Rama Steel Tubes ?

The PB ratio of Rama Steel Tubes is 7.5 As on 11 December, 2023 | 02:28

Q2FY23