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

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

No Red Flags

Ratnamani Metals Q4 Review - Performs Well: ICICI Direct

Ratnamani Metals & Tubes rose 3.62% to Rs 2583.95 after the company’s board on Wednesday approved issuing one bonus share for two equity shares held.

Ratnamani Metals jumps as board OKs 1:2 bonus issue

Ratnamani Metals & Tubes Ltd is quoting at Rs 2450.35, up 3.44% on the day as on 12:49 IST on the NSE. The stock is up 28.46% in last one year as compared to a 5.71% jump in NIFTY and a 2.32% jump in the Nifty Metal index.

Ratnamani Metals & Tubes Ltd rises for third straight session

The project is to be executed within the Financial Year 2022-23.

Ratnamani Metals secures domestic and export orders aggregating to Rs206 crore

Ratnamani Metals & Tubes on Friday announced that it has received new domestic orders aggregating to Rs 206 crore, expected to be executed within the FY 2022-23.

Ratnamani Metals & Tubes bag domestic orders worth Rs 206 cr

Net Sales are expected to increase by 31 percent Y-o-Y (down 2 percent Q-o-Q) to Rs. 913 crore, according to ICICI Direct.

Ratnamani Metals & Tube Q4 PAT may dip 8% YoY to Rs. 100 cr: ICICI Direct

The Company has received Domestic and Export Orders of Rs308 crore and Rs30 crore respectively.

Ratnamani Metals secures domestic and exports orders aggregating Rs338 crore

Federal Bank Ltd, Ratnamani Metals & Tubes Ltd, HSIL Ltd and Centrum Capital Ltd are among the other losers in the BSE’s ‘A’ group today, 05 April 2022.

SBI Cards & Payment Services Ltd leads losers in ‘A’ group

The company has received a new domestic line pipe order for Rs 591 crore from the oil & gas sector, to be executed between August 2022 and March 2023.

Ratnamani Metals surges 7% on winning Rs 591 crore-line pipe order

Ratnamani Metals & Tubes gained 2.57% to Rs 2,251.9 after the company received a new domestic line pipe order for Rs 591 crore from the oil & gas sector.

Ratnamani Metals spurts after order win

Ratnamani Metals & Tubes Ltd is quoting at Rs 2212.75, up 8.43% on the day as on 12:49 IST on the NSE. The stock is up 34.43% in last one year as compared to a 14.57% gain in NIFTY and a 65.92% gain in the Nifty Metal.

Ratnamani Metals & Tubes Ltd gains for fifth session

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

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

Ratnamani Metals Q4 Review - Performs Well: ICICI Direct

Ratnamani Metals jumps as board OKs 1:2 bonus issue

Ratnamani Metals & Tubes Ltd rises for third straight session

Ratnamani Metals secures domestic and export orders aggregating to Rs206 crore

Ratnamani Metals & Tubes bag domestic orders worth Rs 206 cr

Ratnamani Metals & Tube Q4 PAT may dip 8% YoY to Rs. 100 cr: ICICI Direct

Ratnamani Metals secures domestic and exports orders aggregating Rs338 crore

SBI Cards & Payment Services Ltd leads losers in ‘A’ group

Ratnamani Metals surges 7% on winning Rs 591 crore-line pipe order

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

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

Ratnamani Metals Q4 Review - Performs Well: ICICI Direct

Ratnamani Metals jumps as board OKs 1:2 bonus issue

Ratnamani Metals & Tubes Ltd rises for third straight session

Ratnamani Metals secures domestic and export orders aggregating to Rs206 crore

Ratnamani Metals & Tubes bag domestic orders worth Rs 206 cr

Ratnamani Metals & Tube Q4 PAT may dip 8% YoY to Rs. 100 cr: ICICI Direct

Ratnamani Metals secures domestic and exports orders aggregating Rs338 crore

SBI Cards & Payment Services Ltd leads losers in ‘A’ group

Ratnamani Metals surges 7% on winning Rs 591 crore-line pipe order

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