Ratnamani Metals and Tubes - Daily Stock Picks

  • Current Market Price: Rs 124
  • Target Price: Rs 150
  • EPS: Rs 18
  • Dividend: 90%
  • Book Value: Rs 80


Ratnamani Metals and Tubes Stock Analysis:

  • Manufacturing Carbon and Stainless Steel pipes is its main business. It provides compete piping solutions to various industries. Currently exporting to various countries including America and Britain.
  • Won orders worth  RS 152 crore from GAIL
  • Net Revenue and Profits are expected to grow by a CAGR of 4% and 16% between 2009-2012.

Source: Sakshi Business News - by V.S.R. Sastry, Firstcall India Equity Advisors

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