2385.1000 9.10 (0.38%)
NSE Sep 12, 2025 09:29 AM
Volume: 948
 

2385.10
0.38%
ICICI Securities Limited
Ratnamani Metals (RMTL) reported a good Q4FY18 performance. Topline came in above our estimates due to higher blended realisations while EBIDTA and PAT came in broadly in line with our estimates The stainless steel (SS) division reported sales of 5330 tonnes (down 5.8% YoY, 1.8% QoQ) lower than our estimate of 5950 tonne. Sales from the carbon steel (CS) division came in at 74800 tonnes (up 71.9% YoY, 6.8% QoQ), broadly in line with our estimate of 74375 tonnes. The operating income came in at | 619.1 crore (up 59.4% YoY, 15.6% QoQ)...
Ratnamani Metals & T.. has an average target of 3950.00 from 1 broker.
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