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18-Mar2019

Ratnamani Metals surges on securing domestic order of Rs 298 crore

Ratnamani Metals & Tubes is currently trading at Rs. 897.30, up by 12.30 points or 1.39% from its previous closing of Rs. 885.00 on the BSE.

The scrip opened at Rs. 885.00 and has touched a high and low of Rs. 902.85 and Rs. 885.00 respectively. So far 44 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1065.00 on 31-May-2018 and a 52 week low of Rs. 735.95 on 11-Oct-2018.

Last one week high and low of the scrip stood at Rs. 903.00 and Rs. 870.40 respectively. The current market cap of the company is Rs. 4142.90 crore.

The promoters holding in the company stood at 60.09% while Institutions and Non-Institutions held 20.35% and 19.56% respectively.

Ratnamani Metals & Tubes has received new domestic order of Rs 298.00 crore for supply of CS Coated Pipes for Oil & Gas Sector to be completed between July, 2019 to December, 2019.

Ratnamani Metals & Tubes is a multi-location, multi-product company, in India, manufacturing Tubes & Pipes in Stainless Steel/Exotic material and alsoCarbon Steel Pipes, in wide size ranges, for wide spectrum of applications.


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