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Ratnamani Metals & Tubes Limited

RATNAMANI | NSE

3,647.60

INR

68.00

1.90%

RATNAMANI | NSE

About Ratnamani Metals & Tubes Limited

Sector

Basic Materials

Industry

Steel

Earnings date

31/03/2024

As of date

18/10/2024

Close

3,647.60

Open

3,565.00

High

3,675.00

Low

3,496.05

Ratnamani Metals & Tubes Limited manufactures and sells stainless steel pipes and tubes and carbon steel pipes in India and internationally. The company's stainless steel products comprise seamless and welded tubes and pipes and heat exchanger tubes; and instrumentation seamless tubes. It also provides nickel alloy seamless heat exchanger tubes; titanium welded tubes; induction bending; and carbon steel products such as high frequency electric resistance and submerged arc welded pipes. In addition the company offers coating solutions comprising external three layer polyethylene/polypropylene coating and dual layer fusion bonded epoxy coating products; and internal coating solutions such as food grade epoxy / polyurethane / coal tar epoxy / cement lining and other prevalent coatings. Further it is also involved in the generation of power by windmills. The company serves oil and gas thermal power chemical fertilizer sugar paper automobile aeronautics refinery nuclear power petrochemical water distribution food and dairy pharmaceutical defense infrastructure ship building pumping station and space industries. The company was incorporated in 1983 and is based in Ahmedabad India.

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RATNAMANI | NSE

Risk
15.6
Sharpe
1.06
Luna's Score
63/100
Recommendation
Hold

Luna says (RATNAMANI | NSE)

What's Working

Low 6-Month Volatility (<30%)

Low Market Beta (-0.4 to 0.8)

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

What's not Working

High Short-term Volatility

Midcap (2B - 10B USD)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

19.1%

1 month

15.6%

3 months

18.2%

6 months

25.5%

Returns

Fundamental Ratios

PE

0.41

Fwd. PE

-

Price to book

7.99

Debt to equity

0.05

Debt to assets

0.04

Ent. to EBITDA

27.13

Ent. to rev.

4.94

PEG

-

Other Fundamentals

EBITDA

8.55B

MarketCap

255.77B

MarketCap(USD)

3.08B

Div. yield

0.38

Op. margin

11.64

Erngs. growth

-21.50

Rev. growth

0.70

Ret. on equity

21.22

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

238.05

Range1M

331.05

Range3M

573.50

Volumes: Market Activity

Rel. volume

0.66

Price X volume

88.95M

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA27.1322.37Expensive
Ent. to Revenue4.942.29Expensive
PE Ratio0.4126.54Cheaper
Price to Book7.994.49Expensive
Dividend Yield0.380.78Poor
Std. Deviation (3M)18.2346.66Lower Risk
Debt to Equity0.050.47Cheaper
Debt to Assets0.040.28Cheaper
Market Cap255.77B182.58BMarket Leader
  • 1

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