Ratnamani Metals & Tubes
- Advice
- Hold
Ratnamani Metals & Tubes Performance
Day Range
- Low 2557.5
- High 2594.6
52 Week Range
- Low 1831
- High 2803.6
- Open Price2594.6
- Previous Close2571.45
- Volume3467
Start SIP in Ratnamani Metals & Tubes
Start SIPRatnamani Metals & Tubes Investment Rating
-
Master Rating:
-
Ratnamani Metals & Tubes has an operating revenue of Rs. 4,672.53 Cr. on a trailing 12-month basis. An annual revenue growth of 42% is outstanding, Pre-tax margin of 16% is great, ROE of 19% is exceptional. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 12% 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 -4% 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 95 which is a GREAT score indicating consistency in earnings, a RS Rating of 60 which is FAIR indicating the recent price performance, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 93 indicates it belongs to a poor industry group of Steel-Specialty Alloys and a Master Score of B is close to being the best. 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
Indicator | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 1,112 | 1,436 | 1,057 | 900 | 977 | 974 |
Operating Expenses Qtr Cr | 913 | 1,144 | 863 | 755 | 846 | 805 |
Operating Profit Qtr Cr | 199 | 292 | 195 | 145 | 131 | 169 |
Depreciation Qtr Cr | 21 | 20 | 19 | 19 | 19 | 23 |
Interest Qtr Cr | 5 | 7 | 6 | 5 | 5 | 6 |
Tax Qtr Cr | 45 | 75 | 44 | 33 | 29 | 37 |
Net Profit Qtr Cr | 137 | 196 | 132 | 99 | 87 | 112 |
Ratnamani Metals & Tubes Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 5
- Bearish Moving Average
- ___
- 11
- 20 Day
- ₹2641.34
- 50 Day
- ₹2594.31
- 100 Day
- ₹2488.41
- 200 Day
- ₹2316.25
- 20 Day
- ₹2666.77
- 50 Day
- ₹2624.35
- 100 Day
- ₹2479.22
- 200 Day
- ₹2276.44
Ratnamani Metals & Tubes Resistance and Support
Resistance | |
---|---|
First Resistance | ₹2595.37 |
Second Resistance | ₹2619.29 |
Third Resistance | ₹2650.57 |
RSI | 43.11 |
MFI | 18.77 |
MACD Single Line | 19.27 |
MACD | -3.12 |
Support | |
---|---|
First Resistance | ₹2540.17 |
Second Resistance | ₹2508.89 |
Third Resistance | ₹2484.97 |
Ratnamani Metals & Tubes Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 20,134 | 1,129,115 | 56.08 |
Week | 36,227 | 1,374,799 | 37.95 |
1 Month | 31,077 | 1,405,591 | 45.23 |
6 Month | 41,795 | 2,029,981 | 48.57 |
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. 4370.03 Cr. and Equity Capital is Rs. 14.02 Cr. for the Year ended 31/03/2023. 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 | 18,024 |
Sales | 4,506 |
Shares in Float | 2.80 |
No of funds | 132 |
Yield | 0.47 |
Book Value | 6.68 |
U/D Vol ratio | 1.5 |
LTDebt / Equity | 2 |
Alpha | 0.1 |
Beta | 0.33 |
Ratnamani Metals & Tubes
Owner Name | Jun-23 | Mar-23 | Dec-22 | Sep-22 |
---|---|---|---|---|
Promoters | 59.77% | 60.06% | 60.1% | 60.1% |
Mutual Funds | 16.3% | 16.29% | 16.22% | 16.09% |
Insurance Companies | 0.1% | 0.06% | 0.06% | 0.09% |
Foreign Portfolio Investors | 12.79% | 12.77% | 12.51% | 12.51% |
Financial Institutions/ Banks | ||||
Individual Investors | 9.12% | 8.96% | 9.22% | 9.27% |
Others | 1.92% | 1.86% | 1.89% | 1.94% |
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 |
Mr. Rajesh G Desai | Independent Director |
Mr. Sushil Solanki | Independent Director |
Mr. Dhinal A Shah | Independent Director |
Mrs. Nidhi G Gadhecha | Independent Woman Director |
Ratnamani Metals & Tubes Forecast
Price Estimates
Ratnamani Metals & Tubes Corporate Action
- Company Name
- CMP
- Chg(%)
- Company Name
- CMP
- Chg(%)
- Grasim Inds
- 1938
- -1.0
- Tata Steel
- 128
- -1.0
- Titan Company
- 3232
- -0.9
- Bajaj Finance
- 7799
- -0.9
- B P C L
- 349
- -0.9
Ratnamani Metals & Tubes FAQs
What is Share Price of Ratnamani Metals & Tubes ?
Ratnamani Metals & Tubes share price is ₹2567 As on 27 September, 2023 | 11:26
What is the Market Cap of Ratnamani Metals & Tubes ?
The Market Cap of Ratnamani Metals & Tubes is ₹17995.4 Cr As on 27 September, 2023 | 11:26
What is the P/E ratio of Ratnamani Metals & Tubes ?
The P/E ratio of Ratnamani Metals & Tubes is 32.3 As on 27 September, 2023 | 11:26
What is the PB ratio of Ratnamani Metals & Tubes ?
The PB ratio of Ratnamani Metals & Tubes is 6.7 As on 27 September, 2023 | 11:26