Rama Steel Tubes clocked a sales volume of 48,437.69 Ton in Q1 of FY24 compared to 29.833.96 Ton in Q1 of FY23.

Rama Steel Tubes surges 5% on 62% increase in Q1 sales volume

According to the data from BSE, 4.46 lakh equity shares of Rama Steel Tubes were traded as at 1.15 pm on Monday, which is higher than its 2-week average of 3.69 lakh equity shares.

Multibagger Rama Steel shares extend gains, jump 40% in a month

Shares of Rama Steel have rallied about 15 per cent in the last five sessions as the stock rose to Rs 40.75 on Thursday, with a market capitalization of Rs 1,856 crore.

Rama Steel Tubes shares up 15% in five days; what’s pushing this multibagger stock higher?

Among the small caps, Rama Steel Tubes has generated the highest return of 167%, followed by Hi-Tech Pipes (71%) and JTL Industries (45%) while midcap stock APL Apollo Tubes has returned almost 25% over the same period.

Infra spends aid small cap pipe makers generate big returns

Buzzing stocks: Wipro, Shriram Finance, L&T Finance Holdings, AB Money, Allcargo Logistics, ITI, L&T Technology, Rama Steel Tubes, V-Guard, Ircon International, Raj Oil Mills, Hathway, Just Dial

Stocks that will see action today (January 13)

Rama Steel Tubes said that it has signed a memorandum of understanding (MOU) with the Government of Uttar Pradesh for setting up of steel processing unit.

Rama Steel Tubes inks MoU with UP Govt for steel processing unit

Rama Steel Tubes shares jumped 110 per cent in the last one year. Shares of Globe Commercials have gained 190 per cent during the same period

2 multibagger stocks Rama Steel Tubes and Globe Multi Ventures to go ex-bonus on Friday

These stocks are G M Polyplast, SecUR Credentials, Globe Commercials and Rama Steel Tubes. Three of them are even multibaggers by recording triple-digit gains in 2022. Ex-bonus date is an important day for investors to be eligible for bonus shares.

4 smallcap stocks will turn ex-bonus in Jan 2-6 week; 3 of them are multibaggers

With a market worth of Rs. 1,442.08 Cr., Rama Steel Tubes Ltd. is a small-cap company that operates in the industrial sector.

Multibagger stock rallies 130% YTD, Board sets record date for 4:1 bonus shares

Rama Steel Tubes (RSTL) said that it has received orders from Purvanchal Vidut Vitran Nigam and Paschimanchal Vidut Vitran Nigam aggregating to Rs 6.7 crore.

RSTL bags orders worth Rs 6.7 crore from two State Corporations

Rama Steel Tubes rose 3.20% to Rs 169.45 after the steel pipes manufacturer announced that its board will consider a bonus share issue on Friday, 18 November 2022.

Rama Steel rises as board to mull bonus issue

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Strong financials and growth story over the years

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

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