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Ratnamani Metals & Tubes Ltd extends upmove

Capital Market 

Ratnamani Metals & Tubes Ltd is quoting at Rs 969.8, up 0.96% on the day as on 12:44 IST on the NSE. The stock is up 11.19% in last one year as compared to a 13.29% drop in NIFTY and a 22.96% 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 969.8, up 0.96% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.27% on the day, quoting at 11922.2. The Sensex is at 40247.9, up 0.21%. Ratnamani Metals & Tubes Ltd has risen around 3.64% in last one month.

Meanwhile, Nifty Metal index of which Ratnamani Metals & Tubes Ltd is a constituent, has risen around 16.81% in last one month and is currently quoting at 2561.75, up 3.5% on the day. The volume in the stock stood at 2150 shares today, compared to the daily average of 25294 shares in last one month.

The PE of the stock is 16.94 based on TTM earnings ending September 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 04 2019. 13:00 IST
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