Ratnamani Metals & Tubes (RATNAMANI) Share Price Rises 5.97% Today
- September 29, 2026
- Posted by: Kunal Singla
- Category: News
Ratnamani Metals & Tubes Share Price rose sharply in today’s trade, with the stock last traded at Rs 2,906.85, up 5.97% from the previous close, and the company carrying a market capitalisation of Rs 19,462.8 crore. The move places Ratnamani Metals & Tubes Share Price among the notable gainers in the steel tube and pipe space today. According to latest Univest data, the price event is confirmed, but no company-specific catalyst is established. That makes the current Ratnamani Metals & Tubes Share Price move a factual price-action event rather than a narrative-driven one. For investors tracking Ratnamani Metals & Tubes Share Price Today, the immediate focus is on the day’s range, valuation metrics and how the stock compares with listed peers in the steel industry. Univest data also helps place the move in context against the company’s financial ratios and sector benchmark.
Ratnamani Metals & Tubes Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 2,906.85 |
| Previous Close | Rs 2,743.1 |
| Today's Move | Rs 163.75 (+5.97%) |
| Open | Rs 2,762.1 |
| High | Rs 2,906.85 |
| Low | Rs 2,751.3 |
| Market Capitalisation | Rs 19,462.8 crore |
| Market Cap Category | Mid Cap |
Ratnamani Metals & Tubes Ltd. (RATNAMANI) rose to Rs 2,906.85 from the previous close of Rs 2,743.1, a move of Rs 163.75 or 5.97%. The stock opened at Rs 2,762.1, reached a high of Rs 2,906.85, recorded a low of Rs 2,751.3.
Ratnamani Metals & Tubes Share Price is trading higher by Rs 163.75 after opening at Rs 2,762.10 and moving as high as Rs 2,906.85 during the session. The low for the day stood at Rs 2,751.30, while the previous close was Rs 2,743.10. This is a clear intraday share price gain for Ratnamani Metals & Tubes Share Price, and the latest Univest figures show that the stock has stayed near the upper end of the session range. Ratnamani Metals & Tubes Share Price Today therefore reflects a strong price rise in absolute terms, even as the day’s movement remains a single-session event. Univest data confirms the move itself, though no company-specific trigger has been identified. For readers following Ratnamani Metals & Tubes Share Price Live, the next section matters because the move should be read alongside valuation and business metrics, not in isolation.
Ratnamani Metals & Tubes Ltd. (RATNAMANI) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 19,462.8 crore |
| P/E Ratio | 44.42x |
| P/B Ratio | 4.6x |
| ROE | 13.89% |
| ROCE | 18.01% |
| EPS | Rs 61.76 |
| Book Value Per Share | Rs 595.9 |
| Dividend Yield | 0.36% |
Ratnamani Metals & Tubes Ltd. (RATNAMANI) fundamental metrics show P/E 44.42x, P/B 4.6x, ROE 13.89%, ROCE 18.01%. Read together, these ratios describe the company’s position rather than a recommendation.
Ratnamani Metals & Tubes Ltd. has a market capitalisation of Rs 19,462.8 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 44.42x, P/B at 4.6x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 13.89% and ROCE of 18.01%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 61.76, book value per share of Rs 595.9, dividend yield of 0.36%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 20.27x, median ROE of 9.14%, median ROCE of 11.88%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 44.42x |
| Benchmark Median P/E | 20.27x |
| Benchmark Average P/E | 36.47x |
| Benchmark P/E Range | 0.48x to 569.42x |
| Company P/B Ratio | 4.6x |
| Benchmark Median P/B | 1.63x |
| Company ROE | 13.89% |
| Benchmark Median ROE | 9.14% |
| Company ROCE | 18.01% |
| Benchmark Median ROCE | 11.88% |
| Company Market Capitalisation | Rs 19,462.8 crore |
| Benchmark Median Market Cap | Rs 321.56 crore |
Ratnamani Metals & Tubes Ltd. (RATNAMANI) operates in the Iron & Steel sector, within the Steel & Iron Products industry.
Ratnamani Metals & Tubes Ltd. (RATNAMANI) has a P/E ratio of 44.42x, which is above the benchmark median of 20.27x, a difference of +119.14%. The P/E comparison frames valuation; it is not a signal to buy or sell.
Ratnamani Metals & Tubes Ltd. (RATNAMANI) has a ROE of 13.89%, which is above the benchmark median of 9.14%, a difference of +51.97%. Ratnamani Metals & Tubes Ltd. (RATNAMANI) has a ROCE of 18.01%, which is above the benchmark median of 11.88%, a difference of +51.6%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JSW Steel Ltd. | JSWSTEEL | 3,13,018.11 | 12.44 | 2.95 | 28.54 | 20.67 |
| Tata Steel Ltd. | TATASTEEL | 2,34,314.47 | 21.04 | 2.25 | 11.44 | 12.7 |
| Steel Authority Of India Ltd. | SAIL | 76,332.11 | 17.83 | 1.23 | 5.66 | 7.08 |
| Welspun Corp Ltd. | WELCORP | 74,712.11 | 31.28 | 7.54 | 19.55 | 23.94 |
| Jindal Stainless Ltd. | JSL | 61,658.34 | 18.91 | 3 | 17.51 | 19.19 |
Ratnamani Metals & Tubes Ltd. (RATNAMANI) has a P/E ratio of 44.42x compared with the displayed peer median of 18.91x. Peer multiples give relative context only, not a buy or sell view. Its ROE of 13.89% compares with a peer median of 17.51% across the companies shown in the table. ROCE stood at 18.01% versus the displayed peer median of 19.19%, providing a capital-efficiency comparison. Ratnamani Metals & Tubes Ltd. (RATNAMANI) has a market capitalisation of Rs 19,462.8 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Ratnamani Metals & Tubes
- Ratnamani Metals & Tubes Share Price rose 5.97% in today’s trade and finished the session’s latest reading at Rs 2,906.85.
- The move came with no company-specific catalyst established in Univest data, which keeps attention on verified price action.
- Ratnamani Metals & Tubes Share Price carries a P/E of 44.42 and a P/B of 4.6, both above the industry median.
- ROE of 13.89% and ROCE of 18.01% place the company above benchmark medians on return metrics.
- The company’s Rs 19,462.8 crore market cap keeps Ratnamani Metals & Tubes Share Price relevant in sector-level comparisons.
About Ratnamani Metals & Tubes
Ratnamani Metals & Tubes Ltd. operates in the Iron & Steel sector and the Steel & Iron Products industry. The company is associated with tubes and metal products used across industrial applications, and its market presence is reflected in its Rs 19,462.8 crore market capitalisation. Ratnamani Metals & Tubes Share Price today reflects the market’s ongoing assessment of this business model, which is tied to manufacturing, execution and industrial demand conditions. Within the broader steel universe, Ratnamani Metals & Tubes Share Price is supported by a company profile that combines earnings per share of Rs 61.76, book value of Rs 595.9 and a dividend yield of 0.36%. Univest analysis places the company in a higher-valuation bracket than many listed peers, which makes business quality and capital efficiency especially relevant when investors review Ratnamani Metals & Tubes Stock News.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why is Ratnamani Metals & Tubes Share Price rising today?
Ans. Ratnamani Metals & Tubes Share Price rose 5.97% to Rs 2,906.85. According to latest Univest data, the price event is confirmed, but no company-specific catalyst is established, so the move should be read as verified price action.
What is Ratnamani Metals & Tubes Share Price today?
Ans. Ratnamani Metals & Tubes Share Price is Rs 2,906.85 in today’s trade. It is higher than the previous close of Rs 2,743.10 and has moved within a day range of Rs 2,751.30 to Rs 2,906.85.
What is Ratnamani Metals & Tubes market cap?
Ans. Ratnamani Metals & Tubes Share Price is associated with a market capitalisation of Rs 19,462.8 crore. That places the company above the industry median market cap and gives it meaningful size in the steel and iron products segment.
Is Ratnamani Metals & Tubes expensive on valuation?
Ans. Ratnamani Metals & Tubes Share Price is tied to a P/E of 44.42 and P/B of 4.6. Both are above the same-industry median and average, so the valuation sits on the richer side of the benchmark.
How do ROE and ROCE look for Ratnamani Metals & Tubes Share Price?
Ans. Ratnamani Metals & Tubes Share Price has ROE of 13.89% and ROCE of 18.01%. Both are above the benchmark medians, which means the company’s return metrics compare favourably with the industry reference set.
What does EPS mean for Ratnamani Metals & Tubes Share Price?
Ans. Ratnamani Metals & Tubes Share Price has EPS of Rs 61.76. EPS shows earnings attributable to each share, and it is one of the key inputs investors use when reviewing valuation and profitability together.
What does book value show for Ratnamani Metals & Tubes Share Price?
Ans. Ratnamani Metals & Tubes Share Price has book value of Rs 595.9. Book value per share shows the accounting net worth behind each share, helping investors compare the stock’s price with underlying equity.
How does Ratnamani Metals & Tubes Share Price compare with peers?
Ans. Ratnamani Metals & Tubes Share Price trades at a higher P/E than several peers and a lower P/B than Welspun Corp. Its ROE and ROCE sit above Tata Steel and SAIL, but below JSW Steel and Welspun Corp.
Track Ratnamani Metals & Tubes Share Price on Univest
Use Ratnamani Metals & Tubes Ltd. (RATNAMANI) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Investors tracking Ratnamani Metals & Tubes Share Price can follow the live share price, market capitalisation, P/E ratio, P/B ratio, ROE, ROCE, EPS, book value, dividend yield and 52-week levels on Univest. The same Univest view also helps readers compare Ratnamani Metals & Tubes Share Price Today with sector peers and broader market context. For those monitoring Ratnamani Metals & Tubes Latest News, Univest keeps the share price rise, valuation and industry position in one place. That makes it easier to review Ratnamani Metals & Tubes Stock Performance without relying on isolated price movement alone.
