Hot Pursuit     10-Dec-21
Ratnamani Metals gains on bagging orders worth Rs 190 crore
Ratnamani Metals & Tubes rose 2.39% to Rs 2010 after the company said that it has bagged new orders worth Rs 189.63 crore.

The company has received new domestic orders aggregating to Rs 136.79 crore and new export orders aggregating to Rs 52.84 crore for supply of tubes and pipes, from the Oil & Gas and Power Sectors, to be executed between February 2022 to May 2023.

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

On a consolidated basis, the company posted a 26.1% rise in net profit to Rs 71.52 on a 23.4% surge in net sales to Rs 711.70 crore in Q2 FY22 over Q2 FY21.

Previous News
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 ( Hot Pursuit - 06-Dec-22   12:03 )
  Ratnamani Metals & Tubes Ltd up for third straight session
 ( Hot Pursuit - 31-Jan-24   13:05 )
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 ( Corporate News - 06-Dec-22   11:57 )
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