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Ratnamani Metals & Tubes Ltd slips for fifth straight session

Capital Market 

Ratnamani Metals & Tubes Ltd is quoting at Rs 1010, down 1.7% on the day as on 13:24 IST on the NSE. The stock tumbled 53.82% in last one year as compared to a 23.8% slide in NIFTY and a 44.05% fall in the Nifty Metal index.

Ratnamani Metals & Tubes Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1010, down 1.7% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 5.65% on the day, quoting at 8730.5. The Sensex is at 30062.29, up 6.27%.Ratnamani Metals & Tubes Ltd has lost around 23.62% in last one month.Meanwhile, Nifty Metal index of which Ratnamani Metals & Tubes Ltd is a constituent, has eased around 32.41% in last one month and is currently quoting at 1574.2, up 6.03% on the day. The volume in the stock stood at 8261 shares today, compared to the daily average of 24644 shares in last one month.

The PE of the stock is 15.94 based on TTM earnings ending December 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: Fri, March 20 2020. 13:35 IST
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