Rama Steel Tubes Ltd
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Rama Steel Tubes Ltd
RAMASTEEL
Price Chart
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Key Metrics
| PE RatioPE Ratio | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 30.75 | 8.41 | 0.10% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 50.09 | 5.08 | 0.60% |
Forecast & RatingsDetailed Forecast
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Price Upside
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Revenue
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Company Profile
Rama Steel Tubes Limited is engaged in the manufacturing and trading of steel pipes.
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Holdings TrendDetailed holdings
Increased Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has increased by 8.13%
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Recent NewsAll news
Rama Steel Tubes standalone net profit declines 83.40% in the June 2022 quarter
2 days ago•Business Standard
Rama Steel Tubes bags new order worth Rs9.9 crore; Stock sheds 1.5%
2 weeks ago•India Infoline
Rama Steel Tubes acquire multiple stakes in lieu of fresh Equity shares; stock slips ~1%
1 month ago•India Infoline
Recent EventsAll events
Press Release
Rama Steel Tubes Limited has informed the Exchange about press release dated 12-Aug-2022 titled RSTL has received 2 additional order of Rs. 70MN from H.P. State Civil Supplies Corporation Limited for its Jal Shakti Vibhag, Himachal Pradesh, Total aggregating to tune of Rs. 334 MN | Download
Rama Steel Tubes Limited has informed the Exchange about press release dated 12-Aug-2022 titled RSTL has received 2 additional order of Rs. 70MN from H.P. State Civil Supplies Corporation Limited for its Jal Shakti Vibhag, Himachal Pradesh, Total aggregating to tune of Rs. 334 MN | Download
Cash Dividend
Interim 1 • Div/Share: ₹ 0.5
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value