Is Rama Steel Tubes Limited a good investment? Rama Steel Tubes Limited (RAMASTEEL.NS) is currently trading at 4.47 INR.
In terms of valuation, the stock trades at a P/E ratio of 65.14. This high multiple suggests investors have priced in significant future growth expectations.
No, it does not currently pay a dividend.
Rama Steel Tubes Limited is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
Rama Steel Tubes Limited manufactures and sells steel pipes and tubes in India. The company offers mild steel electric resistance welded (ERW) black steel pipes and tubes, galvanized iron (GI) pipes, and specialty pipes. It also provides structural steel products comprising square and rectangular hollow sections; telecommunication and infrastructure solutions for substations, radar towers, and railway electrification systems; and solar project solutions, including specialized steel structures and single-axis trackers. In addition, the company offers ERW galvanized steel pipes and tubes, scaffolding pipes and tubes, and casing swaged poles, as well as pipes with grooves, light poles, fire-fix end piping systems, casing pipes, and square and rectangular pipes. It exports its products to the United Kingdom, the United Arab Emirates, Sri Lanka, Ethiopia, Kenya, Uganda, Somalia, Ghana, Sudan, Kuwait, the Republic of Congo, Yemen, Guyana, Germany, the United States, South Africa, Zambia, Malta, and internationally. Rama Steel Tubes Limited was incorporated in 1974 and is based in New Delhi, India.
| Year | Total Dividends |
|---|---|
| ▸2022 |
0.03 INR
|
| March 16, 2022 | 0.0200 |
| Feb. 24, 2022 | 0.0067 |
| Split Date | Split Ratio to 1 |
|---|---|
| March 14, 2016 | 2:1 |
| Aug. 25, 2022 | 5:1 |
| Jan. 6, 2023 | 5:1 |
| March 19, 2024 | 3:1 |
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