Tuesday, March 8, 2016

RAMA STEEL TUBES LTD :- VALUEABLE GEM

Dear friends,


  Today we are discussing stock from metal sector segment  for long term investor.





               Rama Steel Tubes Ltd









                         




    Rama Group, One of the leading manufactures of Steel Pipes & Tubes and Rigid PVC & G.I. Pipes in India. Established in 1974 by Sh. H.L. Bansal, Rama in one of the most trusted and established name in the Steel Tube and pipe market in India, and one which in rapidly gaining recognition in overseas markers.

    With its 20% exports rate, the company has global presence in the Countries like United Kingdom, UAE, Sri Lanka, Ethiopia, Kenya, Uganda, Ghana, Kuwait, Republic of Congo, Yemen, Guyana, Germany, USA, South Africa, Zambia and Malta etc. being its prime markets.

     Rama steel  make some of the best steel tube products in India. Our range includes MS ERW black pipes from 15mm to 200mm diameter pipes confirming to IS: 1239, IS:1161, IS:3589, IS:3601, & IS:4270 and G.I. Pipes from 15mm to 150mm NB in light, medium and heavy sizes.


     Rama has developed a very sophisticated manufacturing facility and the company constantly invests in the latest advances in technology.

   To take the lead & full fill the market demand Rama Group has installed a modern high speed Tube Mill based on latest technology of world leader M/s Kusakabe of Japan


       Rama Group has the world's latest technology plant and machinery, which also includes sophisticated testing equipments. Company  plants is 10 Kilometers form New Delhi, India's national capital, in the industrial belt of Sahibabad. 

  

    Promoter holding 73.95 % stake in company, very low equity based company posted 160 cr sales and 3.42 cr net profit with 24.95 EPS in latest 9 month ended 2016-17( last full  year sales was  192 cr and profit 0.62laks ) . COMPANY RECENTLY ANNOUNCED 4:1 BONUS AND 1:1 STOCK SPLIT (RS 10 TO RS 5) EX DATE 14/3/2016. Stock trading both NSE and BSE @ 892 levels, long term investor can buy this stock @ current price and hold long term for decent return. This stock is low risk and  high return  type of stock.

 

Before buying any stock take advice from certified person

 

Disclosure :- I am holding this company's shares.










6 comments:

  1. sir,
    neo corp international has gone down steeply. Is it good to buy the stock at CMP ?

    ReplyDelete
  2. Sir can we accumlate gujarat borosil at cmp for 3 to 5 years holding period.

    ReplyDelete
  3. Hi, I bought Diana Tea last year when the rain deficit news popped up. However, now the price is 50% down from my purchase. Would you please advise your take on this stock?.

    ReplyDelete
    Replies
    1. See now total market in panic mode,so wait for some time.

      Delete