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Rama Steel Tubes Limited
Share Price Target & Analysis

NSE:RAMASTEEL

11.99

VWAP

12.07

Open

11.98

Close

12.29

High

11.89

Low

17.55

52 Week High

11.97 ⇩
-0.01 (-0.08%)

RAMASTEEL

(METALS)
27.1% Momentum

Turnaround Potential

9.9

52 Week Low

0.12

EPS

29.98

PE

6.37

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: RAMASTEEL Share Price Financial Analysis & Valuation

Rama Steel Tubes Limited (RAMASTEEL) is broadly categorized in METALS segment industry which deals in Steel - Medium & Small vertical. It is one of Small Cap company with Market Capitalization of Rs 633.6 (in Cr). Total number of free float shares are 1.7 (in Lacs). Rama Steel Tubes Limited is listed on NSE with Exchange ID - INE230R01035 and trading code is NSE:RAMASTEEL with short name Rama Steel Tube.

In the past 1 year, Rama Steel Tubes Limited has declared an equity dividend of Rs 0.5 per share. At the current share price of RAMASTEEL at Rs 11.97, this results in a dividend yield of 4.18 %.

As per the Fundamental Analysis of NSE:RAMASTEEL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine RAMASTEEL underlying value and future prospects. All of this data is available in RAMASTEEL financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:RAMASTEEL, it is clearly understood that RAMASTEEL is Economical performer in terms of earnings and profit margins with an EPS of 0.12. NSE:RAMASTEEL book value per share as of today is 1.88. The current price to book ratio for RAMASTEEL as of Nov 23, 2024 is 6.37.

Valuation of the Stock: The current valuation of RAMASTEEL stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of RAMASTEEL whether to BUY this stock at current valuation. The delivery percentage of RAMASTEEL is 36.88% is very crucial parameter which shows that 36.88% investors are anticipating that the price of RAMASTEEL share should go up with VWAP at 11.99.

Now, the main question is whether to BUY or SELL, NSE:RAMASTEEL at current valuation.
As per latest Analysis No. #5378:-

⇑ STRONG BUY RAMASTEEL if All Greens

⇗ BUY RAMASTEEL (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD RAMASTEEL (With Stop Loss) if only 1 Green

⇘ SELL RAMASTEEL if NO Green Indicator

NSE: RAMASTEEL Share Price Today (Nov 23, 2024)

(Rama Steel Tubes Limited Daily Analysis on the basis of RAMASTEEL Intraday Graph & Trend)

Rama Steel Tubes Limited share price moved Down by -0.08% from its previous close of Rs 11.98. RAMASTEEL stock last traded price is 11.97. RAMASTEEL share price trend is Down with a total of 13417900 stocks traded till now. It has touched an intraday high of Rs 12.29 and an intraday low of Rs 11.89. The RAMASTEEL trading at 11.97, Down by Rs. -0.01, or -0.08 percent which suggests that most of the Traders are anticipating that the price of RAMASTEEL share should go Down.

NSE: RAMASTEEL Share Price Tomorrow Prediction

(Rama Steel Tubes Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of RAMASTEEL)

Rama Steel Tubes Limited share price moved Down by -0.08%. RAMASTEEL share price short term trend is Down. It suggests that RAMASTEEL Share Price for Tomorrow remains the same with VWAP at 11.99 will be treated as stop loss for intraday traders. Rama Steel Tubes Limited Long term investors can follow the RAMASTEEL long term trend as mentiond in future forecast table.

NSE Code

NSE: RAMASTEEL

RAMASTEEL Share Price Today

 11.97

RAMASTEEL Share Price Target Prediction for 2024 ^

 10.4 - 14.6

RAMASTEEL Share Price Target Prediction for 2025*^

 14.6 - 15.2

RAMASTEEL Share Price Target Prediction for 2026*^

 15.2 - 16

RAMASTEEL Share Price Target Prediction for 2027*^

 17

RAMASTEEL Share Price Target Prediction for 2028*^

 17

RAMASTEEL Share Price Target Prediction for 2030*^

 18
RAMASTEEL Current Book Value 2023
1.9

*Rama Steel Tubes Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^RAMASTEEL share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

RAMASTEEL Technical Analysis

Candlestick Pattern: @12.84

RAMASTEEL Moving Averages

BUY (3) NEUTRAL (0) SELL (11)
MA Simple Action S1 Expo Action E2
MA_5 13.06 SELL 13.01 SELL
MA_12 13.33 SELL 13.2 SELL
MA_20 13.06 SELL 13.29 SELL
MA_32 13.57 SELL 13.37 SELL
MA_50 14.12 SELL 13.31 SELL
MA_100 12.63 BUY 13.06 SELL
MA_200 12.79 BUY 12.75 BUY

RAMASTEEL Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 13.06 Downtrend
MACD -0.02 SELL
ADX 15.97 NO or Weak Trend
DMI (+/-) 20.29 / 27.36 Downtrend

RAMASTEEL Momentum Oscillators

BUY (2) NEUTRAL (5) SELL (5)
Momentum Oscillators Value Action
RSI 44.21 Neutral
STOCHASTIC_K (Fast) 14.93 Oversold
STOCHASTIC_D (Slow) 7.4 Oversold
CCI -57.56 Neutral
PSAR 14.36 SELL
TRUE RANGE 0.38 BUY
ATR 0.67 BUY
WILLIAMS R -57.14 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 28.6 Neutral
STOCHASTIC RSI D 9.53 Oversold
MOMENTUM -1.09 SELL

RAMASTEEL Last 1 Year Trend

Duration Value
1 Year 0.94%
3 Months 17.91%
1 Month -7.82%
1 Week -7.56%

RAMASTEEL Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 17%
NEUTRAL / HOLD 20%
SELL 63%

Most popular Questions & Answers about RAMASTEEL


Rama Steel Tubes Limited stock last traded price is 11.97. RAMASTEEL share price moved Down by -0.08% from its previous close of Rs 11.98.

Rama Steel Tubes Limited share price trend is Down with a total of 13417900 stocks traded till now. It has touched an intraday high of Rs 17.7255 and an intraday low of Rs 11.89. The RAMASTEEL trading at 11.97, Down by Rs. -0.01, or -0.08 percent which suggests that most of the Traders are anticipating that the price of RAMASTEEL share should go Down and the Stop Loss will be around 11.99.

The market cap of Rama Steel Tubes Limited is ₹633.6 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Rama Steel Tubes Limited as of Nov 22, 2024 is 29.98.

The current price to book ratio for Rama Steel Tubes Limited as of Nov 22, 2024 is 6.37.

The highest price of Rama Steel Tubes Limited stock is ₹17.55 in the last 52-week.

The lowest price of Rama Steel Tubes Limited stock is ₹9.9 in the last 52-week.

Rama Steel Tubes Limited share trading at ₹11.97, Down by Rs. -0.01, or -0.08 percent which suggests that most of the traders are anticipating that the price of RAMASTEEL share should go Down.

In 2023, Stock price target for Rama Steel Tubes Limited (RAMASTEEL) are ₹10.4 on downside and ₹14.6 on upside. Rama Steel Tubes Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Rama Steel Tubes Limited (RAMASTEEL) are ₹14.6 on downside and ₹15.2 on upside. Rama Steel Tubes Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Rama Steel Tubes Limited (RAMASTEEL) are ₹15.2 on downside and ₹16 on upside. Rama Steel Tubes Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Rama Steel Tubes Limited (RAMASTEEL) will be around ₹17 Rama Steel Tubes Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of RAMASTEEL.

The price of Rama Steel Tubes Limited (RAMASTEEL) shares moved by -0.08%. The short-term trend for RAMASTEEL share price is Down. It implies that the share price of RAMASTEEL will stay the same tomorrow and that intraday traders should treat VWAP at 11.99 as a stop loss. Investors with a long-term outlook can track RAMASTEEL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of RAMASTEEL stock is 1.4. Compared to the current market price of 11.97 INR, the RAMASTEEL stock is Overvalued by 88.3%.

As per the fundamental analysis of Rama Steel Tubes Limited (RAMASTEEL), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.12. Rama Steel Tubes Limited book value per share as of today is 1.88. The current price to book ratio for RAMASTEEL as of Nov 23, 2024 is 6.37.


NSE:RAMASTEEL News & Other Useful Information about RAMASTEEL Share Price


Peer Comparison of NSE: RAMASTEEL

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Steel - Medium & Small

Company Price EPS BV
SBCL 567.35 13.33 56.93
JSL 671.55 29.43 166.26
INCREDIBLE 51.62 1.65 28.36
USHAMART 392.90 9.83 43.31
TIIL 2496.10 90.34 594.02
MUKANDLTD 131.08 6.84 65.49
LSIL 65.98 0.84 3.55
VSSL 262.45 13.07 88.27
RAMASTEEL 11.97 0.12 1.88
KAMDHENU 462.75 21.35 85.87
Updated at: 22 Nov 2024 15:58

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