Shree Rama Multi-Tech soars on commencing commercial production of tubes at Gujarat Plant
Shree Rama Multi-Tech is currently trading at Rs. 45.85, up by 1.29 points or 2.89% from its previous closing of Rs. 44.56 on the BSE.
The scrip opened at Rs. 44.60 and has touched a high and low of Rs. 45.85 and Rs. 44.60 respectively. So far 1351 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 71.55 on 02-Jan-2026 and a 52 week low of Rs. 39.06 on 07-Jul-2025.
Last one week high and low of the scrip stood at Rs. 51.21 and Rs. 39.24 respectively. The current market cap of the company is Rs. 611.55 crore.
The promoters holding in the company stood at 61.57%, while Non-Institutions held 38.43% stake in the company.
Shree Rama Multi-Tech has commenced commercial production of Tubes of different sizes and dimensions with effect from June 3, 2026, through a new tubing machine at its plant in Moti Bhoyan, Gujarat.
Further, commencement of production from the said Tubing Machine will enhance the production capacity in Lamitube and is expected to contribute towards increase in the topline as well as bottomline of the company in the coming year
