RATNAMANI

RATNAMANI METALS & TUBES

Mid Cap BSE: 520111 NSE: RATNAMANI
₹2000.05
36 (1.83%)
As on 07 December, 2022 | 14:43

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

Ratnamani Metals & Tubes Share Returns

  • Over 1 Month 1.74%
  • Over 3 Month 8.35%
  • Over 6 Month 11.65%
  • Over 1 Year 55.23%

Ratnamani Metals & Tubes Key Statistics

P/E Ratio 36.3
PEG Ratio 1.1
Market Cap Cr 14,019
Price to Book Ratio 6.2
EPS 46
Dividend 0.5
Relative Strength Index 51.13
Money Flow Index 30.54
MACD Signal -7.14
Average True Range 55.73

Ratnamani Metals & Tubes Investment Rating

  • Master Rating:
  • Ratnamani Metals & Tubes has an operating revenue of Rs. 3,777.69 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 close to its 50DMA and comfortably placed above its 200DMA, around 12% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 8% away from the crucial pivot point. 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 69 which is FAIR indicating the recent price performance, Buyer Demand at C which is evident from recent supply seen, Group Rank of 21 indicates it belongs to a strong 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

Ratnamani Metals & Tubes Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 900977974927712526696
Operating Expenses Qtr Cr 755846805797600441537
Operating Profit Qtr Cr 14513116913011185159
Depreciation Qtr Cr 19192319191915
Interest Qtr Cr 5564556
Tax Qtr Cr 33293729251837
Net Profit Qtr Cr 9987112897150109

Ratnamani Metals & Tubes Technicals

EMA & SMA

Current Price
2005.
40.95 (2.08%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 1956.14
  • 50 Day
  • 1945.89
  • 100 Day
  • 1884.07
  • 200 Day
  • 1762.02
  • 20 Day
  • 1943.32
  • 50 Day
  • 1971.2
  • 100 Day
  • 1883.21
  • 200 Day
  • 1741.33

Ratnamani Metals & Tubes Resistance and Support

PIVOT
₹1971.04
Resistance
First Resistance 2002.02
Second Resistance 2039.99
Third Resistance 2070.97
RSI 51.13
MFI 30.54
MACD Single Line -7.14
MACD -2.86
Support
First Resistance 1933.07
Second Resistance 1902.09
Third Resistance 1864.12

Ratnamani Metals & Tubes Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 38,453 1,071,301 27.86
Week 17,333 662,105 38.2
1 Month 22,380 1,444,427 64.54
6 Month 34,191 1,481,161 43.32

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 14,018
Sales 3,778
Shares in Float 2.80
No of funds 110
Yield 0.48
Book Value 6.1
U/D Vol ratio 0.5
LTDebt / Equity 4
Alpha 0.18
Beta 0.41

Ratnamani Metals & Tubes

Owner NameSep-22Jul-22Jun-22Mar-22
Promoters 60.1%60.16%60.16%
Mutual Funds 16.09%16.18%16.23%
Insurance Companies 0.09%0.06%0.06%
Foreign Portfolio Investors 12.51%12.32%12.28%
Financial Institutions/ Banks
Individual Investors 9.27%9.4%9.41%
Others 1.94%1.88%1.86%

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 Corporate Action

Date Purpose Remarks
2022-11-10 Quarterly Results
2022-08-09 Quarterly Results
2022-05-18 Audited Results, Dividend, Bonus & Rights
2022-02-08 Quarterly Results
2021-10-28 Quarterly Results
Date Purpose Remarks
2022-07-01 Bonus Rs.0.00 issue in the ratio of 1:2 of Rs. 2/-.

Ratnamani Metals & Tubes MF Shareholding

Name Amount(cr)
Kotak Emerging Equity Scheme Growth 22540
SBI Small Cap Fund Regular Plan Growth 14869
Kotak Balanced Advantage Fund Regular Growth 14553
DSP Midcap Fund Growth 14274
ICICI Prudential Flexicap Fund Regular Growth 11911

About Company

Ratnamani Metals & Tubes FAQs

What is Share Price of Ratnamani Metals & Tubes ?

Ratnamani Metals & Tubes share price is ₹2000 As on 07 December, 2022 | 14:29

What is the Market Cap of Ratnamani Metals & Tubes ?

The Market Cap of Ratnamani Metals & Tubes is ₹14018.8 Cr As on 07 December, 2022 | 14:29

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

The P/E ratio of Ratnamani Metals & Tubes is 36.3 As on 07 December, 2022 | 14:29

What is the PB ratio of Ratnamani Metals & Tubes ?

The PB ratio of Ratnamani Metals & Tubes is 6.2 As on 07 December, 2022 | 14:29

Q2FY23