1 / 1

Rama Steel hits 5% upper limit, stock up 89% in 13 days on improved outlook

On December 20, Brickwork Ratings [BWR) had upgraded the long-term rating to BWR BBB with a Stable outlook and short-term rating to BWR A3 for the bank loan facilities of RSTL<br>

DiyaJain
Download Presentation

Rama Steel hits 5% upper limit, stock up 89% in 13 days on improved outlook

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Downloaded from: justpaste.it/2mp0b Rama Steel hits 5% upper limit, stock up 89% in 13 days on improved outlook On December 20, Brickwork Ratings [BWR) had upgraded the long-term rating to BWR BBB with a Stable outlook and short-term rating to BWR A3+ for the bank loan facilities of RSTL Shares of Rama Steel Tubes (RSTL) hit a new high, and were frozen at the 5 percent upper circuit at Rs 412.90 on the BSE on Thursday in an otherwise weak market on the improved demand outlook. Since December 20, 2021, in 13 trading days, the stock of iron & steel products company has zoomed 89 percent from levels of Rs 218.25. Till 09:48 am; a combined 328,160 equity shares had changed hands and there were pending buy orders for 116,485 shares on the NSE and BSE. In comparison, the S&P BSE Sensex was down 1.3 per cent at 59,433. RSTL is Ieading manufacturer in the steel tube industry. RSTL products range includes MS ERW black pipes from 15mm to 200mm diameter pipes...read more

More Related