Ratnamani Metals & Tubes gains on securing news order worth Rs 1186 crore
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Ratnamani Metals & Tubes is currently trading at Rs. 1740.75, up by 10.50 points or 0.61% from its previous closing of Rs. 1730.25 on the BSE.
The scrip opened at Rs. 1740.00 and has touched a high and low of Rs. 1759.95 and Rs. 1723.95 respectively.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1920.00 on 30-Jun-2022 and a 52 week low of Rs. 1236.67 on 16-Dec-2021.
Last one week high and low of the scrip stood at Rs. 1759.95 and Rs. 1703.00 respectively. The current market cap of the company is Rs. 12201.26 crore.
The promoters holding in the company stood at 60.16%, while Institutions and Non-Institutions held 28.64% and 11.20% respectively.
Ratnamani Metals & Tubes has secured new orders aggregating to Rs 1186 crore. Out of the total orders, the company has bagged domestic order of Rs 1083 crore to be executed over next 4 to 24 months and export orders aggregating to Rs 103 crore to be executed in the current financial year 2022-23.
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.
