Rama Steel Tubes Limited

RAMASTEEL

INE230R01035

Iron & Steel

Market Closed - NSE India S.E. Other stock markets 07:43:54 2024-06-03 am EDT			5-day change	1st Jan Change
11.85 ^INR	-0.42%		-4.82%	-1.25%

May. 31	Luv Gupta and Vikas Gupta completed the acquisition of 31.2% stake in Hager Mega Mart Private Limited from Rama Steel Tubes Limited for INR 50 million.	CI
Mar. 20	Rama Steel Tubes Reduces Bank Loans	MT

Rama Steel Tubes Limited Receives Orders from Purvanchal Vidut Vitran Nigam Limited and Paschimanchal Vidut Vitran Nigam Limited Aggregating to the Tune of INR 67 Million

December 02, 2022 at 07:19 am EST

Rama Steel Tubes Limited has received orders from Purvanchal Vidut Vitran Nigam Limited and Paschimanchal Vidut Vitran Nigam Limited aggregating to the tune of INR 67 million. RSTL prides in having a strong track record of being associated with prestigious projects in the past. lt has received 2 new orders from Purvanchal Vidut Vitran Nigam Limited and Paschimanchal Vidut Vitran Nigam Limited total aggregating to INR 67 million.

These orders are mainly for supply of Steel tubular poles. These orders will further strengthen RSTL's order book and credibility in the market.

Latest news about Rama Steel Tubes Limited

Luv Gupta and Vikas Gupta completed the acquisition of 31.2% stake in Hager Mega Mart Private Limited from Rama Steel Tubes Limited for INR 50 million.	May. 30	CI
Rama Steel Tubes Reduces Bank Loans	Mar. 20	MT
Rama Steel Tubes to Sell Entire Stake in Hagar Mega Mart	Mar. 06	MT
Luv Gupta and Vikas Gupta agreed to acquire 31.2% stake in Hager Mega Mart Private Limited from Rama Steel Tubes Limited for INR 50 million.	Mar. 05	CI
Rama Steel Tubes Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 14	CI
Rama Steel Tubes Gets Board Nod for Bonus Issue of Shares	Jan. 24	MT
Rama Steel Tubes Board to Consider Issuance of Bonus Shares	Jan. 15	MT
ICRA Upgrades Rating on Rama Steel Tubes' Long-term Bank Financing to BBB; Outlook Stable	Jan. 11	MT
Rama Steel Tubes' Sales Volume Dips in Fiscal Q3	Jan. 02	MT
Rama Steel Tubes Begins Expansion of Khopoli Unit in Maharashtra, India	Dec. 05	MT
Rama Steel Tubes Limited Initiates Capacity Expansion At Its Plant Located at Khopoli, Maharashtra	Dec. 05	CI
Rama Steel Tubes Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	Nov. 10	CI
Rama Steel Tubes Gets Board Nod to Raise INR5 Billion from Equity Offering, Set Up New Plant	23-10-20	MT
Rama Steel Tubes Limited Appoints Richi Bansal as Chief Executive Officer	23-09-29	CI
Rama Steel Tubes Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-14	CI
Rama Steel Tubes Limited Appoints Rajeev Kohli as Chief Operating Officer	23-08-14	CI
Rama Steel Tubes Limited Announces Resignation of Rajeev Kohli Voluntarily from the Position of Chief Executive Officer	23-08-14	CI
Rama Steel Tubes Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-14	CI
Indian Equities Hit Record Highs Anew , Led by IT Stocks	23-07-18	MT
Rama Steel Tubes Signs Pact to Procure Hot Rolled Coil Steel from JSW Steel	23-07-18	MT
Rama Steel Tubes Limited Inks Strategic Memorandum of Understanding with Jsw Steel	23-07-18	CI
Rama Steel Tubes Clocks Over 62% Jump in Fiscal Q1 Sales Volume; Shares Climb 4%	23-07-04	MT
Rama Steel Tubes Limited Reports Sales Results for the First Quarter Ended June 30, 2023	23-07-04	CI
Rama Steel Tubes Limited Reports Earnings Results for the Full Year Ended March 31, 2023	23-05-30	CI
Rama Steel Tubes Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2023	23-05-30	CI

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Company Profile

Rama Steel Tubes Limited is an India-based company engaged in the manufacturing and trading of steel pipes. The Company is engaged in the business of manufacturing of steel pipes and related products. It manufactures and exports electric resistance weld (ERW) steel tubes (black and galvanized). Its products include scaffold, glaze, light poles, galvanic agro, classic fire-fix, galvanic enviro, casing, structural hollow section, and others. Its scaffolding pipes are designed for pipes and coupler scaffolding. It is engaged in manufacturing and exporting square/rectangular pipes and tubes hollow section with anti-rust oil coating from inside and outside of the tubes. It develops and manufactures swaged poles and specialty steel structures. Its product applications have usage in various industries, including automobiles, real estate and furniture. Its manufacturing facilities are located at North-Sahibabad, Uttar Pradesh; South-Anantpur, Andhra Pradesh, and West-Khopoli, Maharashtra.

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Iron & Steel

Calendar

2024-08-12 - Q1 2025 Earnings Release (Projected)

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Sector Iron, Steel Mills & Foundries

	1st Jan change	Capi.
RAMA STEEL TUBES LIMITED	-1.25%	222M
JSW STEEL LIMITED	+3.89%	25.69B
BAOSHAN IRON & STEEL CO., LTD.	+17.20%	20.68B
JINDAL STEEL & POWER LIMITED	+41.35%	12.35B
CHINA STEEL CORPORATION	-11.85%	11.14B
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	+3.70%	10.52B
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	+2.05%	9.66B
BHARAT FORGE LIMITED	+29.71%	8.68B
TERNIUM S.A.	+1.33%	8.48B
JINDAL STAINLESS LIMITED	+40.42%	7.83B

Iron, Steel Mills & Foundries