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Ratnamani Metals & Tubes Ltd soars 2.14%, rises for fifth straight session

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Capital Market

Ratnamani Metals & Tubes Ltd is quoting at Rs 1335, up 2.14% on the day as on 12:49 IST on the NSE. The stock is up 55.96% in last one year as compared to a 13.44% drop in NIFTY and a 1.99% drop in the Nifty Metal.

Ratnamani Metals & Tubes Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1335, up 2.14% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.35% on the day, quoting at 12071.5. The Sensex is at 41134.24, down 0.3%. Ratnamani Metals & Tubes Ltd has risen around 11.31% in last one month.

 

Meanwhile, Nifty Metal index of which Ratnamani Metals & Tubes Ltd is a constituent, has risen around 8.35% in last one month and is currently quoting at 2613.6, down 0.55% on the day. The volume in the stock stood at 5087 shares today, compared to the daily average of 19573 shares in last one month.

The PE of the stock is 20.07 based on TTM earnings ending December 19.

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First Published: Feb 17 2020 | 1:00 PM IST

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