Sharekhan is bullish on Ratnamani Metals and Tubes has recommended buy rating on the stock with a target price of Rs 2500 in its research report dated February 15, 2023.

Buy Ratnamani Metals and Tubes; target of Rs 2500: Sharekhan

In today's episode of Inside Out, the focus is the business outlook, revenue guidance of Ratnamani Metals & Tubes and CarTrade Tech. Take a look.

#ratnamanimetalstubes #cartradetech #marginoutlook #businessoutlook #businesssegments #cnbctv18 #businessnews  #businessnewstoday #businessnewsinenglish #sharemarkettoday   

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All About Ratnamani Metals & Tubes' Financial & More & In The Swotlight: CarTrade Tech | Inside Out

Take a deep dive into Ratnamani Metals and Tubes and swotlight on Car Trade Tech in this episode of Inside Out. Listen in.

#ratnamanimetalsandtubes #cartradetech #ratnamanimetalstubes #cnbctv18
#businessnews  #businessnewstoday #businessnewsinenglish #sharemarkettoday   

About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. #n18oc_business  Catch all your favourite shows, exclusive videos, big-ticket interviews and more here. 

You can also connect with CNBC-TV18 News Online
Catch the latest news: https://bit.ly/2YbpXBM

Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/

Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/

You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/

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Deep Dive Into Ratnamani Metals And Tubes, Swotlight On  Car Trade Tech | Inside Out | CNBC-TV18

All About Ratnamani Metals & Tubes' Business Outlook & In The Swotlight: CarTrade Tech | Inside Out

Improved operational performance helped lift Oct-Dec net profit 49% on year

Ratnamani Metals gains over 3% on upbeat Q3 earnings

Ratnamani Metals & Tubes rallied 3.76% to Rs 2,177.35 after the company’s consolidated net profit jumped 49.6% to Rs 133.32 crore on 18.5% rise in revenue from operations to Rs 1,098.71 crore in Q3 FY23 over Q3 FY22.

Ratnamani Metals gains after Q3 PAT climbs 50% YoY to Rs 133 cr

Ratnamani Metals & Tubes consolidated net profit rises 49.65% in the December 2022 quarter

Ratnamani Metals & Tubes Ltd registered volume of 78401 shares by 14:14 IST on NSE, a 10.59 fold spurt over two-week average daily volume of 7407 shares

Volumes spurt at Ratnamani Metals & Tubes Ltd counter

Ratnamani Metals & Tubes Ltd is quoting at Rs 1947, down 0.86% on the day as on 13:19 IST on the NSE. The stock tumbled 30.33% in last one year as compared to a 2.36% slide in NIFTY and a 15.17% fall in the Nifty Media index.

Ratnamani Metals & Tubes Ltd slips for fifth straight session

actyv.ai today announced its partnership with Ratnaafin, an NBFC which is a part of the Ratnamani Metals Group, one of the largest industrial groups of Gujarat, to enhance its embedded offerings.

actyv.ai partners with RATNAAFIN to facilitate embedded B2B BNPL offerings

Ratnamani Metals & Tubes Ltd is quoting at Rs 1906.6, down 1.49% on the day as on 13:19 IST on the NSE. The stock tumbled 18.39% in last one year as compared to a 5.23% rally in NIFTY and a 15.34% spurt in the Nifty Media index.

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

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.