Rama Steel Tubes Limited (NSE:RAMASTEEL)
Market Cap | 16.10B |
Revenue (ttm) | 10.35B |
Net Income (ttm) | 230.17M |
Shares Out | 1.55B |
EPS (ttm) | 0.14 |
PE Ratio | 74.98 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 12,220,137 |
Average Volume | 8,247,370 |
Open | 10.35 |
Previous Close | 10.36 |
Day's Range | 10.25 - 10.60 |
52-Week Range | 8.50 - 17.55 |
Beta | 0.48 |
RSI | 59.69 |
Earnings Date | May 30, 2025 |
About Rama Steel Tubes
Rama Steel Tubes Limited engages in the manufacture and trading of steel pipes and tubes, and rigid poly vinyl chloride and galvanized iron pipes in India and internationally. The company offers electric resistance welded (ERW) galvanized steel pipes and tubes, mild steel ERW black steel pipes and tubes, scaffolding pipes and tubes, casing swaged poles, structural steel products, and hollow sections. It also exports its products to the United Kingdom, the United Arab Emirates, Sri Lanka, Ethiopia, Kenya, Uganda, Somalia, Ghana, Sudan, Kuwait, t... [Read more]
Financial Performance
In 2023, Rama Steel Tubes's revenue was 10.47 billion, a decrease of -21.86% compared to the previous year's 13.39 billion. Earnings were 291.28 million, an increase of 9.21%.
Financial StatementsNews

Rama Steel Tubes reports 7% YoY growth in 9MFY25 sales volume
Rama Steel Tubes Limited (RSTL), a leading name in India’s structural steel tube industry, announced robust sales performance for the nine months ending December 2024 (9MFY25). The company achieved a ...

Rama Steel Tubes to acquire 24.81% stake in Bigwin Buildsys Coated to venture into solar structures
Rama Steel Tubes Limited has announced its plans to acquire a 24.81% stake in Bigwin Buildsys Coated Private Limited for Rs 7.51 crore. This strategic acquisition is part of the company’s initiative t...

Rama Steel Tubes Business Update: Sales volume grow 42% YoY and 36% QoQ
In Q2FY25, Rama Steel Tubes achieved a sales volume of 50,921.67 tons, marking a substantial rise from 37,365.55 tons in Q1FY25 and 35,780.33 tons in Q2FY24.

Rama Steel Tubes forms associate company ORAM Green Energy, to hold 40% stake
Rama Steel Tubes Ltd. announced the formation of an associate company named ORAM Green Energy Limited, with an authorized capital of INR 5 crore (INR 5,00,00,000). The new entity will focus on busines...

Rama Steel Tubes share hits 10% upper circuit amid heavy volumes
Shares of Rama Steel Tubes today have hit a 10% upper circuit on the National Stock Exchange (NSE) in the morning trade. The stock opened at ₹14.36. The share hit a day high of ₹15.48 and a low of ₹14...

Rama Steel Tubes dips 9% amid heavy profit booking
In early trading on September 9, Rama Steel Tubes fell more than 9%, ending a five-session winning run, as investors rushed to book some profits. The shares had increased by over 60% in the last five ...

Rama Steel Tubes Stock: Share price surges 58% this week after forming partnership with Onix Renewable
Rama Steel Tubes saw its shares jump more than 58% this week after forming a partnership with Onix Renewable. On September 4, 2024, the company announced a strategic partnership with Onix Renewable. I...

Rama Steel Tubes share jumps 16% in Morning Trade
Rama Steel Tubes’ stock price surged 16.65% to Rs 16.18 on the National Stock Exchange (NSE) today at 10:36 a.m. continuing its upward momentum from the previous trading session. During the trading da...

Rama Steel Tubes shares surge 11% on heavy volumes
The share price of Rama Steel Tubes jumped dramatically on the National Stock Exchange (NSE) today, reaching 11% to Rs 12.83 at 9:52 AM. The share price increased after Rama Steel Tubes Limited (RSTL)...

Rama Steel Tubes share surges 9% after forming partnership with Onix Renewable
Rama Steel Tubes share price increased significantly on the National Stock Exchange (NSE) today, reaching 9% to Rs 11.49 at 10:50 AM. Following the announcement of a strategic partnership between Rama...

Rama Steel Tubes partners with Onix Renewable Ltd for green and renewable energy
Rama Steel Tubes Limited (RSTL) has formed a strategic partnership with Onix Renewable Ltd. This collaboration will focus on using RAMA Steel Tubes Ltd’s expertise to provide steel structures as well ...

Rama Steel Tubes enters defence segment, incorporates Rama Defence Private Limited
Rama Steel Tubes has announced a significant expansion into the defence sector with the incorporation of a wholly-owned subsidiary, Rama Defence Private Limited.