Hot Pursuit     11-Sep-17
Rama Steel Tubes hits record high
Rama Steel Tubes advanced 3.32% to Rs 163.60 at 15:13 IST on BSE after consolidated net profit rose 25.09% to Rs 3.24 crore on 8% growth in total revenue to Rs 78.39 crore in Q1 June 2017 over Q1 June 2016.
The result was announced during market hours today, 11 September 2017.

Meanwhile, the S&P BSE Sensex was up 193.43 points or 0.61% at 31,880.95. The S&P BSE Small-Cap index rose 124.85 points or 0.76% at 16,450.05.

On the BSE, 1.72 lakh shares were traded on the counter so far as against the average daily volumes of 27,029 shares in the past one quarter. The stock had hit a high of Rs 168 so far during the day, which is a record high. The stock hit a low of Rs 158.65 so far during the day. The stock had hit a 52-week low of Rs 97.50 on 21 November 2016.

The stock had outperformed the market over the past one month till 8 September 2017, advancing 21.43% compared with the Sensex's 1.02% fall. The stock had also outperformed the market over the past one quarter, gaining 22.18% as against the Sensex's 1.52% rise. The scrip had also outperformed the market over the past one year, advancing 30.87% as against the Sensex's 9.1% rise.

The small-cap company has equity capital of Rs 8.40 crore. Face value per share is Rs 5.

Rama Steel Tubes deals in manufacturing, supplying and exporting of steel pipes, steel tubes and fittings.

Previous News
  Rama Steel Tubes Ltd leads gainers in 'B' group
 ( Hot Pursuit - 06-Sep-24   12:15 )
  Rama Steel Tubes schedules board meeting
 ( Corporate News - 17-Oct-23   10:58 )
  Rama Steel Tubes to hold board meeting
 ( Corporate News - 12-Aug-24   10:05 )
  Rama Steel Tubes consolidated net profit rises 652.50% in the December 2020 quarter
 ( Results - Announcements 12-Feb-21   17:00 )
  Rama Steel Tubes reports consolidated net profit of Rs 7.10 crore in the June 2021 quarter
 ( Results - Announcements 16-Aug-21   11:07 )
  Rama Steel Tubes schedules AGM
 ( Corporate News - 11-Sep-23   09:54 )
  Rama Steel Tubes to convene board meeting
 ( Corporate News - 03-Nov-22   13:45 )
  Rama Steel Tubes climbs 54% in three days
 ( Hot Pursuit - 06-Sep-24   12:59 )
  Rama Steel Tubes to conduct board meeting
 ( Corporate News - 08-Feb-22   10:08 )
  Rama Steel Tubes consolidated net profit declines 66.47% in the September 2018 quarter
 ( Results - Announcements 10-Nov-18   16:25 )
  Rama Steel Tubes standalone net profit declines 57.14% in the September 2018 quarter
 ( Results - Announcements 10-Nov-18   17:16 )
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