Ratnamani Metals bags two new orders worth Rs 328 crore
DSIJ Intelligence / 15 Jun 2017
Ratnamani Metals and Tubes Limited is a holding company engaged in the manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. It has bagged two new orders aggregating to Rs 328 crores.
Ratnamani Metals and Tubes Limited is a holding company engaged in the manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. It has bagged two new orders aggregating to Rs 328 crores.
The orders are for the supply of HSAW pipes of Rs 116 crores and supply of ERW pipes of Rs 212 crores for Oil & Gas pipelines to be completed by December 2017/January 2018.
At Rs 775 per share, the stock on the NSE was riding high with gains of as much as 3.8% at 1255 hours. The stock has delivered 55% returns in a period of one year and has outperformed the BSE Small cap and BSE Metal indices over the same time span.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.