Ratnamani Metals & Tubes Ltd dropped for a fifth straight session today. The stock is quoting at Rs 3532, down 0.98% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.17% on the day, quoting at 20962.2. The Sensex is at 69774.21, down 0.22%.Ratnamani Metals & Tubes Ltd has added around 4.29% in last one month.Meanwhile, Nifty Metal index of which Ratnamani Metals & Tubes Ltd is a constituent, has increased around 11.67% in last one month and is currently quoting at 7439.7, up 0.78% on the day. The volume in the stock stood at 41756 shares today, compared to the daily average of 67068 shares in last one month.
The PE of the stock is 39.46 based on TTM earnings ending September 23.