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Rama Steel board approves 4:1 bonus issue

18 Nov 2022 , 03:23 PM

The company said that the bonus shares will be credited or dispatched within two months from the date of board approval, i.e. by 18th January, 2023. The companys consolidated net profit declined 28.2% YoY to Rs 5.09 crore while net sales surged 79.9% to Rs 347.24 crore in Q2 FY23 over Q2 FY22. Rama Steel Tubes is engaged in the business of manufacturing of Steel Pipes and related products. The scrip rose 0.31% to currently trade at Rs 176 on the BSE. Powered by Capital Market – Live News

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