Rama Steel Tubes is currently trading at Rs. 349.15, up by 1.25 points or 0.36% from its previous closing of Rs. 347.90 on the BSE.
The scrip opened at Rs. 356.55 and has touched a high and low of Rs. 360.10 and Rs. 348.10 respectively. So far 4349 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 5 has touched a 52 week high of Rs. 455.15 on 10-Jan-2022 and a 52 week low of Rs. 66.60 on 17-Mar-2021.
Last one week high and low of the scrip stood at Rs. 380.00 and Rs. 343.85 respectively. The current market cap of the company is Rs. 586.36 crore.
The promoters holding in the company stood at 62.33%, while Institutions and Non-Institutions held 0.59% and 37.08% respectively. Rama Steel Tubes
Rama Steel Tubes is planning to raise funds upto Rs 150 crore by way of issue of equity shares/ preference shares/ bonds/ debentures/ non-convertible debt instruments/equity shares/ warrants/ any other securities, including through preferential issue on a private placement basis, qualified institutional placement, rights issue or any other methods or combination thereof, subject to approval from the shareholders and sanctions/approvals from the other regulatory/ governmental authorities, as may be required.
The Meeting of the Board of Directors of the Company will be held on February 14, 2022, inter alia, to consider and approve the same.
Rama Steel Tubes is a leading player engaged in the manufacturing and trading of Steel Tubes & Pipes and Rigid PVC (Poly Vinyl Chloride) & G.I. (Galvanised Iron) Pipes in India as well as in the world.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
