2340.8000 0.70 (0.03%)
NSE Oct 10, 2025 15:31 PM
Volume: 9,561
 

2340.80
0.03%
ICICI Securities Limited
Ratnamani Metals and Tubes reported a mixed set of Q1FY19 numbers. Topline and PAT came in higher than our estimates while the EBITDA margin came in lower than our estimates The stainless steel division reported sales of 3983 tonnes (down 11.4% YoY, 25.3% QoQ) lower than our estimate of 4900 tonne while the carbon steel division sales came in at 71128 tonnes (up 125% YoY, down 5% QoQ) lower than our estimate of 78750 tonne. On the back of healthy realisations, the topline came in at | 609.4 crore, up 106.9%...
Ratnamani Metals & T.. has an average target of 3950.00 from 1 broker.
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