Ratnamani Metals jumps on bagging order of Rs 594.00 crore
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Ratnamani Metals & Tubes is currently trading at Rs. 2039.95, up by 24.60 points or 1.22% from its previous closing of Rs. 2015.35 on the BSE.
The scrip opened at Rs. 2020.00 and has touched a high and low of Rs. 2141.00 and Rs. 1944.70 respectively. So far 1969 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2,141.00 on 12-Apr-2021 and a 52 week low of Rs. 790.05 on 20-May-2020.
Last one week high and low of the scrip stood at Rs. 2,141.00 and Rs. 1944.70 respectively. The current market cap of the company is Rs. 9532.28 crore.
The promoters holding in the company stood at 60.16%, while Institutions and Non-Institutions held 25.47% and 14.36% respectively.
Ratnamani Metals & Tubes has received a Domestic order of Rs 594.00 crore for coated Carbon Steel pipes from Oil and Gas Sector, to be executed between September, 2021 to July, 2022.
Ratnamani Metals & Tubes is a multi location, multi product company, in India, manufacturing Tubes & Pipes in Stainless Steel/Exotic material and also Carbon Steel Pipes, in wide size ranges, for wide spectrum of applications.
