Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns 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

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Ratnamani Metals & Tubes Ltd notched up volume of 3.33 lakh shares by 14:19 IST on NSE, a 47.43 fold spurt over two-week average daily volume of 7014 shares

Volumes spurt at Ratnamani Metals & Tubes Ltd counter

Ratnamani Metals & Tubes Ltd is quoting at Rs 2185, up 0.13% on the day as on 12:47 IST on the NSE. The stock is up 74.69% in last one year as compared to a 42.9% jump in NIFTY and a 125.6% jump in the Nifty Metal.

Ratnamani Metals & Tubes Ltd stays in winning mode

Ratnamani Metals & Tubes Ltd is quoting at Rs 2117.1, down 0.14% on the day as on 13:24 IST on the NSE. The stock jumped 205.16% in last one year as compared to a 51.66% rally in NIFTY and a 138.31% spurt in the Nifty Metal index.

Ratnamani Metals & Tubes Ltd drops for fifth straight session

Ratnamani Metals & Tubes consolidated net profit rises 26.09% in the September 2021 quarter

The company has to execute new order from the domestic oil and gas sector in 5 to 12 months.

Ratnamani Metals & Tubes receives new order of Rs98cr in Carbon Steel Pipes division

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Top stocks in focus: TCS, KPI Global Infra, Ratnamani Metals, Mandhana Retail Ventures, JSW Energy

Ratnamani Metals & Tubes Ltd recorded volume of 81813 shares by 10:50 IST on BSE, a 15.8 times surge over two-week average daily volume of 5178 shares

Volumes soar at Ratnamani Metals & Tubes Ltd counter

The recent order win would aid the company to register 25 per cent CAGR revenue growth in FY21-23E, brokerage ICICI Securities said

Ratnamani Metals gains 4% on Rs 98 crore order win from oil & gas sector

Ratnamani Metals & Tubes gained 2.74% to Rs 2,260.65 after the company bagged a new order worth Rs 98 crore (excluding GST) from domestic Oil & Gas Sector.

Ratnamani Metals rises after order win

IndiGo co-founder Rakesh Ga­n­gwal has moved Delhi High Court to enforce an arbitration order of the London Court of International Arbitration

Stocks to watch: TCS, Ratnamani Metals, IndiGo, JSW Energy, Oberoi Realty

Buzzing stocks: Reliance Industries, BSE, HUDCO, Union Bank, BoB, Piramal Enterprises, Puravankara, Ratnamani Metals, Bharat Networks, JSW Energy Dish TV, Nalco, Vakrangee, Oriental Rail

Stocks that will see action on October 8

Ratnamani Metals and Tubes Limited is a holding company engaged in the manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel.

Ratnamani Metals and Tubes Ltd

Ratnamani Metals and 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

Returns 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 return on equity 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

Volumes spurt at Ratnamani Metals & Tubes Ltd counter

Ratnamani Metals & Tubes Ltd stays in winning mode

Ratnamani Metals & Tubes Ltd drops for fifth straight session

Ratnamani Metals & Tubes consolidated net profit rises 26.09% in the September 2021 quarter

Ratnamani Metals & Tubes receives new order of Rs98cr in Carbon Steel Pipes division

Top stocks in focus: TCS, KPI Global Infra, Ratnamani Metals, Mandhana Retail Ventures, JSW Energy

Volumes soar at Ratnamani Metals & Tubes Ltd counter

Ratnamani Metals and 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

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity 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

Volumes spurt at Ratnamani Metals & Tubes Ltd counter

Ratnamani Metals & Tubes Ltd stays in winning mode

Ratnamani Metals & Tubes Ltd drops for fifth straight session

Ratnamani Metals & Tubes consolidated net profit rises 26.09% in the September 2021 quarter

Ratnamani Metals & Tubes receives new order of Rs98cr in Carbon Steel Pipes division

Top stocks in focus: TCS, KPI Global Infra, Ratnamani Metals, Mandhana Retail Ventures, JSW Energy

Volumes soar at Ratnamani Metals & Tubes Ltd counter

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

Returns 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 return on equity 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