Hot Pursuit     19-May-16
Strong Q4 earnings boost Ratnamani Metals
Ratnamani Metals & Tubes surged 6.42% to Rs 546.80 at 13:15 IST on BSE after net profit rose 42.9% to Rs 46.13 crore on 35.2% growth in net sales to Rs 494.12 crore in Q4 March 2016 over Q4 March 2015.
The result was announced after market hours yesterday, 18 May 2016.

Meanwhile, the S&P BSE Sensex was down 171.54 points or 0.67% at 25,533.07.

On BSE, so far 13,000 shares were traded in the counter as against average daily volume of 951 shares in the past one quarter. The stock hit a high of Rs 608 and a low of Rs 543.95 so far during the day. The stock had hit a 52-week high of Rs 699 on 10 August 2015. The stock had hit a 52-week low of Rs 387 on 17 February 2016. The stock had outperformed the market over the past one month till 18 May 2016, gaining 7.04% compared with Sensex's 0.43% fall. The scrip had also outperformed the market in past one quarter, surging 24.65% as against Sensex's 8.69% rise.

The small-cap company has equity capital of Rs 9.35 crore. Face value per share is Rs 2.

Ratnamani Metals & Tubes is a multi-location, multi-product company, manufacturing tubes & pipes in stainless steel/exotic material and also carbon steel pipes, in wide size ranges, for wide spectrum of applications.

Previous News
  Ratnamani Metals & Tubes consolidated net profit rises 49.65% in the December 2022 quarter
 ( Results - Announcements 14-Feb-23   07:42 )
  Ratnamani Metals & Tubes Ltd gains for third consecutive session
 ( Hot Pursuit - 11-Jan-24   13:05 )
  Ratnamani Metals & Tubes Ltd gains for third consecutive session
 ( Hot Pursuit - 15-Nov-23   13:05 )
  Ratnamani Metals & Tubes Ltd rises for third straight session
 ( Hot Pursuit - 01-Dec-23   13:05 )
  Ratnamani Metals & Tubes Ltd up for five straight sessions
 ( Hot Pursuit - 02-Feb-23   13:00 )
  Ratnamani Metals & Tubes Ltd up for third consecutive session
 ( Hot Pursuit - 07-Oct-22   13:05 )
  Ratnamani Metals & Tubes bags order worth Rs 148.95 cr
 ( Corporate News - 08-Sep-21   13:01 )
  Ratnamani Metals & Tubes Ltd soars 1.18%, Gains for third straight session
 ( Hot Pursuit - 05-Jul-23   13:06 )
  Ratnamani Metals bags orders worth Rs 338 cr
 ( Hot Pursuit - 18-Apr-22   11:31 )
  Ratnamani Metals & Tubes wins orders worth Rs 338 cr
 ( Corporate News - 18-Apr-22   11:28 )
  Ratnamani Metals & Tubes Ltd spurts 5.41%
 ( Hot Pursuit - 17-Nov-20   13:01 )
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