Rama Steel Tubes

Rama Steel freezes at 10% upper limit as stock turns ex-date for 4:1 bonus

The board of directors of the company had fixed Friday, January 6, 2023, as the record date, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus shares.

Rama Steel hits new high after it clocks highest-ever sales volume in Q3

In the past three months, the stock rallied 75 per cent, as against 8 per cent rise in the S&P BSE Sensex

Rama Steel issues warrants to Shankar Sharma; stock hits 10% upper circuit

The company allotted 1,625,000 convertible warrants at an issue price of Rs 112.50 each to Shankar Shashi Sharma on preferential basis

Rama Steel hits 5% upper limit, stock up 89% in 13 days on improved outlook

On December 20, Brickwork Ratings [BWR) had upgraded the long-term rating to BWR BBB with a Stable outlook and short-term rating to BWR A3+ for the bank loan facilities of RSTL

Rama Steel Tubes to quadruple production capacity in four years

Operating currently from two locations, Rama Steel Tubes has a total production capacity of 99,000 tonnes