The company announced the board meet after market hours on Tuesday, 18 May 2010.

Meanwhile, the BSE Sensex was down 198.22 points, or 1.17% to 16,677.54.

On BSE, 14,431 shares were traded in the counter as against an average daily volume of 10,822 shares in the past one quarter.

The stock hit a high of Rs 57.40 and a low of Rs 54.25 so far during the day. The stock had hit a record high of Rs 68.70 on 26 April 2010 and a 52-week low of Rs 21 on 13 July 2009.

The small-cap stock had outperformed the market over the past one month till 18 May 2010, rising 7.74% as compared to the Sensex's 4.07% decline. It had also outperformed the market in the past one quarter, gaining 30.83% as compared to the Sensex's return of 3.36%.

The company's equity capital is Rs 11 crore. Face value per share is Rs 10.

Ram Ratna Wires reported net profit of Rs 2.60 crore in Q3 December 2009 compared to net loss of Rs 4.42 crore in Q3 December 2008. Net sales surged 63.9% to Rs 102.06 crore in Q3 December 2009 over Q3 December 2008.