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Ratnamani Metals & Tubes Ltd slips for fifth straight session

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Ratnamani Metals & Tubes Ltd is quoting at Rs 1906.6, down 1.49% on the day as on 13:19 IST on the NSE. The stock tumbled 18.39% in last one year as compared to a 5.23% rally in NIFTY and a 15.34% spurt in the Nifty Media index.

Ratnamani Metals & Tubes Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1906.6, down 1.49% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.29% on the day, quoting at 17893.1. The Sensex is at 60117.19, down 1.17%.Ratnamani Metals & Tubes Ltd has eased around 2.14% in last one month.Meanwhile, Nifty Media index of which Ratnamani Metals & Tubes Ltd is a constituent, has eased around 1.63% in last one month and is currently quoting at 6519.25, down 2.82% on the day. The volume in the stock stood at 4954 shares today, compared to the daily average of 19402 shares in last one month.

 

The PE of the stock is 35.17 based on TTM earnings ending September 22.

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First Published: Dec 23 2022 | 1:35 PM IST

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