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- 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