Hot Pursuit     11-Sep-17
Rama Steel Tubes hits record high
Rama Steel Tubes advanced 3.32% to Rs 163.60 at 15:13 IST on BSE after consolidated net profit rose 25.09% to Rs 3.24 crore on 8% growth in total revenue to Rs 78.39 crore in Q1 June 2017 over Q1 June 2016.
The result was announced during market hours today, 11 September 2017.

Meanwhile, the S&P BSE Sensex was up 193.43 points or 0.61% at 31,880.95. The S&P BSE Small-Cap index rose 124.85 points or 0.76% at 16,450.05.

On the BSE, 1.72 lakh shares were traded on the counter so far as against the average daily volumes of 27,029 shares in the past one quarter. The stock had hit a high of Rs 168 so far during the day, which is a record high. The stock hit a low of Rs 158.65 so far during the day. The stock had hit a 52-week low of Rs 97.50 on 21 November 2016.

The stock had outperformed the market over the past one month till 8 September 2017, advancing 21.43% compared with the Sensex's 1.02% fall. The stock had also outperformed the market over the past one quarter, gaining 22.18% as against the Sensex's 1.52% rise. The scrip had also outperformed the market over the past one year, advancing 30.87% as against the Sensex's 9.1% rise.

The small-cap company has equity capital of Rs 8.40 crore. Face value per share is Rs 5.

Rama Steel Tubes deals in manufacturing, supplying and exporting of steel pipes, steel tubes and fittings.

Previous News
  Rama Steel Tubes standalone net profit declines 83.40% in the June 2022 quarter
 ( Results - Announcements 13-Aug-22   09:01 )
  Rama Steel Tubes to convene board meeting
 ( Corporate News - 05-Feb-24   13:53 )
  Rama Steel spurts on inking MoU with JSW Steel
 ( Hot Pursuit - 18-Jul-23   11:36 )
  Rama Steel Tubes to convene AGM
 ( Corporate News - 18-Sep-18   09:55 )
  Board of Rama Steel Tubes to consider bonus issue
 ( Corporate News - 15-Jan-24   14:15 )
  Rama Steel Tubes standalone net profit rises 64.62% in the September 2015 quarter
 ( Results - Announcements 02-Nov-15   17:25 )
  Rama Steel Tubes announces board meeting date
 ( Corporate News - 14-Nov-22   12:46 )
  Rama Steel Tubes spurts after robust sales in Q2FY23
 ( Hot Pursuit - 04-Oct-22   15:09 )
  Rama Steel Tubes standalone net profit rises 90.80% in the March 2018 quarter
 ( Results - Announcements 29-May-18   17:03 )
  Rama Steel Tubes schedules board meeting
 ( Corporate News - 04-Feb-21   12:22 )
  Rama Steel Tubes net profit rises 35.00% in the December 2013 quarter
 ( Results - Announcements 06-Mar-14   16:19 )
Other Stories
  Zomato Q2 PAT soars to Rs 176 cr
  22-Oct-24   17:55
  NBCC (India) bags order worth Rs 1,363 cr
  22-Oct-24   15:44
  Garden Reach Shipbuilders & Engineers Ltd leads losers in 'A' group
  22-Oct-24   15:00
  Supreme Inds slumps as Q2 PAT slides 15% YoY
  22-Oct-24   14:57
  Kajaria Ceramics slides after Q2 PAT tumbles 23% YoY to Rs 86 cr
  22-Oct-24   14:54
  Skipper Ltd Partly Paidup leads losers in 'B' group
  22-Oct-24   14:45
  Paytm drops after reporting Q2 numbers
  22-Oct-24   14:40
  Volumes spurt at City Union Bank Ltd counter
  22-Oct-24   14:30
  Real Estate stocks edge lower
  22-Oct-24   14:00
  Industrials stocks edge lower
  22-Oct-24   14:00
Back Top