RATNAMANI

Ratnamani Metals & Tubes Share PriceRatnamani Metals & Tubes

₹2071.00
-13.55 (-0.65%)
As on 25 March, 2023 | 10:59 BSE: 520111 NSE: RATNAMANI

Ratnamani Metals & Tubes Performance

Day Range

  • Low
  • High

52 Week Range

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

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Ratnamani Metals & Tubes Share Price

  • Over 1 Month -5.12%
  • Over 3 Month 7.5%
  • Over 6 Month 2.62%
  • Over 1 Year 28.53%

Ratnamani Metals & Tubes Key Statistics

P/E Ratio 33.7
PEG Ratio 1
Market Cap Cr 14,516
Price to Book Ratio 6.5
EPS 46
Dividend 0.5
Relative Strength Index 42.36
Money Flow Index 39.67
MACD Signal -2.28
Average True Range 80.61

Ratnamani Metals & Tubes Investment Rating

  • Master Rating:
  • Ratnamani Metals & Tubes has an operating revenue of Rs. 3,949.39 Cr. on a trailing 12-month basis. An annual revenue growth of 36% is outstanding, Pre-tax margin of 14% is healthy, ROE of 14% is good. The company has a reasonable debt to equity of 4%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 7% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart and is trading around -3% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 94 which is a GREAT score indicating consistency in earnings, a RS Rating of 72 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 20 indicates it belongs to a strong industry group of Steel-Specialty Alloys and a Master Score of B is close to being the best. 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 Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,057900977974
Operating Expenses Qtr Cr 863755846805
Operating Profit Qtr Cr 195145131169
Depreciation Qtr Cr 19191923
Interest Qtr Cr 6556
Tax Qtr Cr 44332937
Net Profit Qtr Cr 1329987112

Ratnamani Metals & Tubes Technicals

EMA & SMA

Current Price
₹2071.
-13.55 (-0.65%)
  • Bullish Moving Average
  • ___
  • 5
  • Bearish Moving Average
  • ___
  • 11
  • 20 Day
  • 2122.88
  • 50 Day
  • 2107.34
  • 100 Day
  • 2049.81
  • 200 Day
  • 1932.45
  • 20 Day
  • 2136.4
  • 50 Day
  • 2117.39
  • 100 Day
  • 2037.71
  • 200 Day
  • 1925.23

Ratnamani Metals & Tubes Resistance and Support

PIVOT
₹2075.45
Resistance
First Resistance 2108.1
Second Resistance 2131.65
Third Resistance 2164.31
RSI 42.36
MFI 39.67
MACD Single Line -2.27
MACD -13.73
Support
First Resistance 2051.9
Second Resistance 2019.25
Third Resistance 1995.7

Ratnamani Metals & Tubes Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 27,853 1,682,321 60.4
Week 21,009 1,188,070 56.55
1 Month 30,963 1,420,268 45.87
6 Month 34,107 1,586,331 46.51

Ratnamani Metals & Tubes Result Highlights

Ratnamani Metals & Tubes Synopsis

NSE-Steel-Specialty Alloys

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. 3138.78 Cr. and Equity Capital is Rs. 9.35 Cr. for the Year ended 31/03/2022. 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 14,493
Sales 3,908
Shares in Float 2.80
No of funds 111
Yield 0.45
Book Value 6.42
U/D Vol ratio 1.1
LTDebt / Equity 4
Alpha 0.12
Beta 0.42

Ratnamani Metals & Tubes

Owner NameDec-22Sep-22Jul-22Jun-22
Promoters 60.1%60.1%60.16%
Mutual Funds 16.22%16.09%16.18%
Insurance Companies 0.06%0.09%0.06%
Foreign Portfolio Investors 12.51%12.51%12.32%
Financial Institutions/ Banks
Individual Investors 9.22%9.27%9.4%
Others 1.89%1.94%1.88%

Ratnamani Metals & Tubes Management

Name Designation
Mr. Prakash M Sanghvi Chairman & Managing Director
Mr. Jayanti M Sanghvi Joint Managing Director
Mrs. Shanti M Sanghvi Whole Time Director
Mr. Divyabhash C Anjaria Independent Director
Dr. VinodKumar M Agrawal Independent Director
Mr. Pravinchandra M Mehta Independent Director
Mrs. Nidhi G Gadhecha Independent Woman Director

Ratnamani Metals & Tubes Forecast

Price Estimates

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

Other Analyst Rating

Ratnamani Metals & Tubes MF Shareholding

Name Amount(cr)
Kotak Emerging Equity Scheme Growth 23963
SBI Small Cap Fund Regular Plan Growth 15292
Kotak Balanced Advantage Fund Regular Growth 14280
DSP Midcap Fund Growth 13213
DSP Small Cap Fund Regular Plan Growth 8954

Ratnamani Metals & Tubes FAQs

What is Share Price of Ratnamani Metals & Tubes ?

Ratnamani Metals & Tubes share price is ₹2071 As on 25 March, 2023 | 10:45

What is the Market Cap of Ratnamani Metals & Tubes ?

The Market Cap of Ratnamani Metals & Tubes is ₹14516.1 Cr As on 25 March, 2023 | 10:45

What is the P/E ratio of Ratnamani Metals & Tubes ?

The P/E ratio of Ratnamani Metals & Tubes is 33.7 As on 25 March, 2023 | 10:45

What is the PB ratio of Ratnamani Metals & Tubes ?

The PB ratio of Ratnamani Metals & Tubes is 6.5 As on 25 March, 2023 | 10:45

Q2FY23

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