Ratnamani Metals & Tubes is engaged in providing total piping solutions to a diverse range of industries.

On a consolidated basis, the company posted a 20.7% fall in net profit to Rs 49.71 crore on a 1.6% decline in net sales to Rs 578.07 crore in Q1 June 2020 over Q1 June 2019.

The stock rose 0.21% to Rs 1132.50 on Friday (11 September). The stock has gained 20.62% in the past one year while the benchmark S&P BSE Sensex gained 4.25% during the same period.