Hot Pursuit     18-Nov-22
Rama Steel board approves 4:1 bonus issue
Rama Steel Tubes announced that its board on Friday, 18 November 2022 approved issuing 4 bonus equity shares for each share held (4:1).
The company said that the bonus shares will be credited or dispatched within two months from the date of board approval, i.e. by 18th January, 2023.

The company's consolidated net profit declined 28.2% YoY to Rs 5.09 crore while net sales surged 79.9% to Rs 347.24 crore in Q2 FY23 over Q2 FY22.

Rama Steel Tubes is engaged in the business of manufacturing of Steel Pipes and related products.

The scrip rose 0.31% to currently trade at Rs 176 on the BSE.

Previous News
  Rama Steel Tubes fixes record date for bonus issue
 ( Market Beat - Reports 27-Dec-22   20:38 )
  Rama Steel Tubes receives revision in credit ratings
 ( Corporate News - 11-Jan-24   15:10 )
  Board of Rama Steel Tubes approves fund raising up to Rs 500 cr
 ( Corporate News - 20-Oct-23   14:55 )
  Rama Steel Tubes allots 73.25 lakh equity shares
 ( Corporate News - 27-Jun-23   11:50 )
  Rama Steel Tubes reports consolidated net loss of Rs 1.36 crore in the September 2019 quarter
 ( Results - Announcements 14-Nov-19   18:25 )
  Rama Steel Tubes to convene board meeting
 ( Corporate News - 05-Feb-24   13:53 )
  Rama Steel to acquire 51% in Ashoka Infrasteel and 50% in Hagar Mega Mart
 ( Corporate News - 06-Jul-22   16:00 )
  Rama Steel Tubes to conduct board meeting
 ( Corporate News - 08-Feb-22   10:08 )
  Rama Steel Tubes to announce Quarterly Result
 ( Corporate News - 05-Aug-20   18:15 )
  Rama Steel Tubes to convene board meeting
 ( Corporate News - 23-Jun-20   18:39 )
  Rama Steel Tubes standalone net profit rises 30.00% in the December 2016 quarter
 ( Results - Announcements 10-Feb-17   16:40 )
Other Stories
  Shalby drops after PAT slides 20% YoY to Rs 16 cr in Q1 FY25
  08-Jul-24   16:01
  Tata Steel Production rises 5% YoY in Q1 FY24
  08-Jul-24   15:54
  PC Jeweller soars after PNB approves settlement
  08-Jul-24   15:26
  Godrej Inds gains after chemicals arm inks BTA to acquire Ethoxylation Unit II
  08-Jul-24   15:22
  GE Power sizzles after NTPC order win
  08-Jul-24   15:02
  Patel Engineering Ltd leads losers in 'A' group
  08-Jul-24   15:01
  Sundaram Multi Pap Ltd leads losers in 'B' group
  08-Jul-24   14:46
  Marine Electricals jumps after order win
  08-Jul-24   14:33
  Volumes soar at Metro Brands Ltd counter
  08-Jul-24   14:30
  Bank of India Q1 domestic deposits grow 10% YoY
  08-Jul-24   14:25
Back Top