Ratnamani Metals zooms as its arm bags export orders worth $286 million
Ratnamani Metals & Tubes is currently trading at Rs. 2685.00, up by 331.50 points or 14.09% from its previous closing of Rs. 2353.50 on the BSE.
The scrip opened at Rs. 2382.30 and has touched a high and low of Rs. 2776.45 and Rs. 2365.70 respectively. So far 24296 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3342.35 on 11-May-2026 and a 52 week low of Rs. 1900.05 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 2,776.45 and Rs. 2282.10 respectively. The current market cap of the company is Rs. 17707.69 crore.
The promoters holding in the company stood at 59.77%, while Institutions and Non-Institutions held 29.87% and 10.37% respectively.
Ratnamani Metals & Tubes’ subsidiary -- Ratnamani Finow Spooling Solutions has received export orders from International Customers for supply of Spools / Hangers aggregating to $286 million (around Rs 2,700 crore). The orders would be partly manufactured in its plant and would partly be sub-contracted and sold on Mercantile Trade Transaction basis. The said orders are expected to be completed over a period of two to three years.
Ratnamani Metals & Tubes is engaged in the manufacturing of stainless steel pipes and tubes and carbon steel pipes. The company’s state-of-the-art manufacturing facilities produce high-quality tubes and pipes that conform to international standards. The company caters both domestic and international markets.
