Ratnamani Metals & Tubes Ltd
RATNAMANI

743.05

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738.05

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Accumulate
Reco. Price
Rs 742.30
We recommend an ACCUMULATE on the stock based on improving demand and robust order book resulting in higher earnings. The company’s strong financials further reinforce our positive view on the stock. We expect moderate upside on FY18E P/E of 17.9x. (Target Price - Rs. 780.0)
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50 DMA (.)
699.17
100 DMA (.)
655.46
200 DMA (.)
597.85
Weekly Range (.)
728.45
778.45
Monthly Range (.)
675.00
778.45
52 Weeks Range (.)
427.05
809.95
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