Ratnamani Metals & Tubes has received domestic orders of Rs 308 crore and export orders of Rs 30 crore in the last fortnight. The orders are to be executed within the financial year 2022-23.
Shares of Ratnamani Metals & Tubes were up 0.41% at Rs 2461.40. The stock bounced back after falling as much as 0.95% in initial deals today.
Ratnamani Metals & Tubes is engaged in providing total piping solutions to a diverse range of industries. On a consolidated basis, the company reported a 48% jump in net profit to Rs 89.09 crore on a 109% rise in net sales to Rs 927 crore in Q3 FY22 over Q3 FY21.
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