Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Red Flags Found

Sintex Plastics Technology Ltd, Digjam Ltd, Rama Steel Tubes Ltd and Anand Rayons Ltd are among the other losers in the BSE’s ‘B’ group today, 14 January 2022.

Mitsu Chem Plast Ltd leads losers in ‘B’ group

Rama Steel Tubes was locked in an upper-circuit of 5% at Rs 455.15 after its step-down subsidiary, RSTIL signed an annual contract with Huihai Group, Hong Kong to supply 15,000 MT of specialty steel SKUs per annum in Nigeria.

Rama Steel Tubes hit record high on signing a deal with Hong Kong-based Huihai Group

These supplies will further strengthen RSTIL’s order book and credibility in the mark.

Rama Steel Tubes arm inks pact for supply of speciality steel SKU’s in Nigeria; Stock hits new high

New Delhi (India), January 3 (ANI/PNN): BSE and NSE listed Rama Steel Tubes Limited (RSTL) (BSE: 539309, NSE: RAMASTEEL), one of the leading manufacturers of Steel Pipes & Tubes and G.I. Pipes in India, has received orders from Uttar Pradesh Power

Rama Steel Tubes Ltd. Procures order from UPPCL; plans major expansion

Shares of Rama Steel Tubes ended 9.2 per cent higher at Rs. 339.8 on BSE

NSE-BSE bulk deals: Saint Capital Fund buys stake in Rama Steel Tubes

Rama Steel Tubes hit an upper circuit of 10% at Rs 311.15 after the company procured orders from Uttar Pradesh Power Corporation (UPPCL) to the tune of 580 MT aggregating to approximately Rs 4.33 crore.

Rama Steel Tubes hits the roof on bagging orders from Uttar Pradesh Power Corporation

Cybertech Sys, Websol Energy, Rama Steel Tubes, HB Stockholding and MPS Infotecnics, hit their fresh 52-week highs at 10:50AM.

Stock market update: Stocks that hit 52-week highs on NSE

RSTL has now received a new order from UPPCL, total aggregating to ~Rs43.3 Mn.

Rama Steel Tubes hits 52-week high on receiving orders from Uttar Pradesh Power Corp

Shriram Properties Ltd, Future Enterprises Ltd, Future Enterprises-DVR and Revathi Equipment Ltd are among the other losers in the BSE’s ‘B’ group today, 24 December 2021.

Rama Steel Tubes Ltd leads losers in ‘B’ group

The total Capex for this expansion will be ~Rs10cr and will be funded through internal accruals of the company.

Rama Steel Tubes begins capacity expansion of additional 30,000MT at Khopli plant, Maharashtra; Stock ends 8.5% lower

BWR has principally relied on the consolidated audited financial results of RSTL upto March 31, 2021.

Brickwork upgrades credit ratings of Rama Steel Tubes; Stock tumbles 5%

Rama Steel Tubes Limited is engaged in the manufacturing and trading of steel pipes.

Rama Steel Tubes Ltd

Rama Steel Tubes Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Mitsu Chem Plast Ltd leads losers in ‘B’ group

Rama Steel Tubes hit record high on signing a deal with Hong Kong-based Huihai Group

Rama Steel Tubes arm inks pact for supply of speciality steel SKU’s in Nigeria; Stock hits new high

Rama Steel Tubes Ltd. Procures order from UPPCL; plans major expansion

NSE-BSE bulk deals: Saint Capital Fund buys stake in Rama Steel Tubes

Rama Steel Tubes hits the roof on bagging orders from Uttar Pradesh Power Corporation

Stock market update: Stocks that hit 52-week highs on NSE

Rama Steel Tubes Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Mitsu Chem Plast Ltd leads losers in ‘B’ group

Rama Steel Tubes hit record high on signing a deal with Hong Kong-based Huihai Group

Rama Steel Tubes arm inks pact for supply of speciality steel SKU’s in Nigeria; Stock hits new high

Rama Steel Tubes Ltd. Procures order from UPPCL; plans major expansion

NSE-BSE bulk deals: Saint Capital Fund buys stake in Rama Steel Tubes

Rama Steel Tubes hits the roof on bagging orders from Uttar Pradesh Power Corporation

Stock market update: Stocks that hit 52-week highs on NSE

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock