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Equity Bottom-Up

Ratnamani Metals and Tubes / Equity Bottom-Up

<p>RMTL's order book has improved QoQ. RMTL's order book as on May 1, 2021 was at Rs 1498 crore (Rs 1359 crore as on January 1, 2021). Stainless steel (SS) order book was at Rs 330 crore (Rs 347 crore as on January 1, 2021) while carbon steel (CS) orders were at Rs 1168 crore (Rs 1012 crore as on January 1, 2021). In terms of domestic and exports mix, domestic orders were at Rs 1357 crore while export orders were at Rs 141 crore. Of the Rs 1357 crore domestic order book, Rs 251 crore is in the SS segment while balance Rs 1106 crore is in the CS segment.</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

RMTL's order book has improved QoQ. RMTL's order book as on May 1, 2021 was at Rs 1498 crore (Rs 1359 crore as on January 1, 2021). Stainless steel (SS) order book was at Rs 330 crore (Rs 347 crore as on January 1, 2021) while carbon steel (CS) orders were at Rs 1168 crore (Rs 1012 crore as on January 1, 2021). In terms of domestic and exports mix, domestic orders were at Rs 1357 crore while export orders were at Rs 141 crore. Of the Rs 1357 crore domestic order book, Rs 251 crore is in the SS segment while balance Rs 1106 crore is in the CS segment.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

RATNAMANI: RMTL's order book has improved QoQ

India

Ratnamani Metals & Tubes Ltd manufactures stainless steel seamless and welded tubes and pipes in India. The Company's clientele base consists of chemical, fertilizer, petrochemicals, refinery, power, dairy, sugar and pharmaceutical industries. Ratnamani is a regular supplier to companies such as  BHEL, IOCL, GAIL, L&T and Reliance Industries Ltd.

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Ratnamani Metals and Tubes (RMT IN)

RATNAMANI: RMTL's order book has improved QoQ

RMTL's order book has improved QoQ. RMTL's order book as on May 1, 2021 was at Rs 1498 crore (Rs 1359 crore as on January 1, 2021). Stainless steel...

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