Ratnamani Metals & Tubes (RATNAMANI) Share Price Falls 2.16% Today
- September 21, 2026
- Posted by: Harsh Piplani
- Category: News
Ratnamani Metals & Tubes Share Price fell to Rs 2,801 today, down 2.16% from the previous close of Rs 2,862.75, with market capitalisation at Rs 20,065.59 Cr. The move keeps Ratnamani Metals & Tubes Share Price in focus for investors tracking Ratnamani Metals & Tubes Share Price Today and Ratnamani Metals & Tubes Stock News. The verified data confirms a same-day decline, but it does not establish a company-specific catalyst. What it does show is a measured price fall after an open near the previous close and a session that stayed below the day’s opening level. In this update from Univest, the focus is on the day’s price action, valuation context and the company’s position within the Iron & Steel industry.
For readers searching Why Is Ratnamani Metals & Tubes Falling Today, the answer from the supplied data is simple: the share price declined in today’s session, while the dataset itself does not assign a reason. That makes Ratnamani Metals & Tubes Share Price News more about verified market action than about a stated trigger. The move also matters because the company is a Large Cap, and its current price now sits below the previous close after a session range between Rs 2,793.6 and Rs 2,857.7.
Ratnamani Metals & Tubes (RATNAMANI) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 2,801 |
| Previous Close | Rs 2,862.75 |
| Today's Move | -Rs 61.75 (-2.16%) |
| Open | Rs 2,854.9 |
| High | Rs 2,857.7 |
| Low | Rs 2,793.6 |
| Turnover | Rs 1.22 crore |
| Market Capitalisation | Rs 20,065.59 crore |
| Market Cap Category | Large Cap |
Ratnamani Metals & Tubes Share Price Today reflects a decline of Rs 61.75, or 2.16%, from Rs 2,862.75 to Rs 2,801. The stock opened at Rs 2,854.9, moved to a day high of Rs 2,857.7 and a day low of Rs 2,793.6. That means the session stayed contained within a relatively narrow intraday band, with the closing price finishing below the open and below the previous close. Turnover stood at Rs 1.22 Cr. Because the company is classified as a Large Cap, the day’s move is best read as a factual share price fall within a company-size framework, not as a statement about quality or outlook. In the language of Ratnamani Metals & Tubes Stock News, today’s event is a clear price action update rather than a catalyst-led commentary. For investors following Ratnamani Metals & Tubes Share Price Live, the next focus is whether the share price stabilises around the Rs 2,800 zone or extends the current decline.
Ratnamani Metals & Tubes (RATNAMANI) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 20,065.59 crore |
| P/E Ratio | 46.35x |
| P/B Ratio | 4.8x |
| ROE | 13.89% |
| ROCE | 18.01% |
| EPS | Rs 61.76 |
| Book Value Per Share | Rs 595.9 |
| Dividend Yield | 0.35% |
Ratnamani Metals & Tubes Share Price can be viewed alongside a market capitalisation of Rs 20,065.59 Cr, a P/E ratio of 46.35, a P/B ratio of 4.8 and an enterprise-value-style scale implied by the company’s size in the Large Cap bracket. The EPS stands at Rs 61.76, which shows earnings attributable to each share, while book value is Rs 595.9, indicating the accounting net worth behind each share. The dividend yield is 0.35%, a historical/current payout metric relative to the share price, and not a forecast. Profitability metrics also matter: ROE is 13.89% and ROCE is 18.01%, which provide context on returns generated for shareholders and on capital employed. In a Ratnamani Metals & Tubes Fundamental Analysis frame, the valuation is notably richer than several industry reference points discussed later in this article, so investors are likely to focus on how the company’s earnings quality aligns with that multiple. This is the core Ratnamani Metals & Tubes Stock Analysis question after today’s decline.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 46.35x |
| Benchmark Median P/E | 20.38x |
| Benchmark Average P/E | 36.44x |
| Benchmark P/E Range | 0.44x to 588.59x |
| Company P/B Ratio | 4.8x |
| Benchmark Median P/B | 1.66x |
| Benchmark Average P/B | 2.19x |
| Company ROE | 13.89% |
| Benchmark Median ROE | 9.28% |
| Benchmark Average ROE | 2.31% |
| Company ROCE | 18.01% |
| Benchmark Median ROCE | 12.22% |
| Benchmark Average ROCE | 9.81% |
| Company Market Capitalisation | Rs 20,065.59 crore |
| Benchmark Median Market Cap | Rs 325.49 crore |
| Benchmark Average Market Cap | Rs 8,010.93 crore |
In the Iron & Steel sector and the Steel & Iron Products industry, Ratnamani Metals & Tubes trades against a benchmark scope of 140 companies. Its P/E of 46.35 is above the sector median of 20.38 and above the sector average of 36.44. Its P/B of 4.8 is also above the sector median of 1.66 and above the sector average of 2.19. On returns, ROE at 13.89% is above the sector median of 9.28%, while ROCE at 18.01% is above the sector median of 12.22%. The benchmark market-cap median is Rs 325.49 Cr, far below Ratnamani Metals & Tubes Share Price context in terms of company scale, and the benchmark average is Rs 8,010.93 Cr, which still sits below Ratnamani Metals & Tubes’ Rs 20,065.59 Cr market capitalisation. In sector analysis terms, the stock’s valuation stands at a premium to the broad industry reference set, while its return ratios are also above the benchmark medians. That mix is central to Ratnamani Metals & Tubes Share Price today because it frames the stock as a higher-valued name within its peer universe.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JSW Steel | JSWSTEEL | 3,10,083.56 | 12.51 | 2.97 | 28.54 | 20.67 |
| Tata Steel | TATASTEEL | 2,30,631.85 | 20.9 | 2.24 | 11.44 | 12.7 |
| Steel Authority Of India | SAIL | 74,349.46 | 17.4 | 1.2 | 5.66 | 7.08 |
| Welspun Corp | WELCORP | 70,107.64 | 30.36 | 7.32 | 19.55 | 23.94 |
| APL Apollo Tubes | APLAPOLLO | 63,046.51 | 51.3 | 11.34 | 25.35 | 31.83 |
Ratnamani Metals & Tubes Share Price sits alongside a peer set that includes JSW Steel, Tata Steel, Steel Authority Of India, Welspun Corp and APL Apollo Tubes On valuation, Ratnamani Metals & Tubes’ P/E of 46.35 is above JSW Steel at 12.51, Tata Steel at 20.9, SAIL at 17.4 and Welspun Corp at 30.36, while remaining below APL Apollo Tubes at 51.3. Its P/B of 4.8 is above JSW Steel at 2.97, Tata Steel at 2.24 and SAIL at 1.2, while below Welspun Corp at 7.32 and APL Apollo Tubes at 11.34. On profitability, Ratnamani Metals & Tubes’ ROE of 13.89% is below JSW Steel’s 28.54% but above Tata Steel’s 11.44% and SAIL’s 5.66%. Its ROCE of 18.01% is above Tata Steel and SAIL, though below JSW Steel, Welspun Corp and APL Apollo Tubes. The market-cap comparison also shows Ratnamani Metals & Tubes above several peers in scale, which helps explain why Ratnamani Metals & Tubes Stock News often draws attention beyond the single-day move.
Why Investors Are Watching Ratnamani Metals & Tubes
- Ratnamani Metals & Tubes Share Price fell 2.16% to Rs 2,801 from Rs 2,862.75.
- The day’s range was Rs 2,793.6 to Rs 2,857.7, with the stock opening at Rs 2,854.9.
- Market capitalisation stands at Rs 20,065.59 Cr and the company is classified as a Large Cap.
- P/E is 46.35 and P/B is 4.8, both above the industry medians of 20.38 and 1.66.
- ROE is 13.89% and ROCE is 18.01%, both above the industry medians of 9.28% and 12.22%.
About Ratnamani Metals & Tubes
Ratnamani Metals & Tubes operates in the Iron & Steel sector and the Steel & Iron Products industry. The supplied data places the company in a Large Cap category and shows its market capitalisation at Rs 20,065.59 Cr. For readers following Ratnamani Metals & Tubes Company News, the most relevant verified context in this article is the stock’s valuation profile, return ratios and position within a broad listed peer group. This is the kind of Ratnamani Metals & Tubes Share News that Univest keeps structured for quick reading and comparison.
Track Ratnamani Metals & Tubes Share Price on Univest
Use Ratnamani Metals & Tubes (RATNAMANI) live share-price page,Univest top decliners screener,Univest market blogs to review live stock data, top decliners and related market analysis.
You can track Ratnamani Metals & Tubes Share Price on Univest for live share price updates, company fundamentals, shareholding pattern, 52-week levels and market insights. Univest also helps readers compare valuation, sector context and peer metrics in one place. For Ratnamani Metals & Tubes Share Price Today, that makes it easier to review verified stock news and company data together.
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 Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did Ratnamani Metals & Tubes Share Price fall today?
Ans. Ratnamani Metals & Tubes Share Price fell 2.16% today, but the supplied data does not establish a company-specific catalyst. The session closed at Rs 2,801 after opening at Rs 2,854.9.
What is Ratnamani Metals & Tubes Share Price today?
Ans. Ratnamani Metals & Tubes Share Price today is Rs 2,801. That is Rs 61.75 below the previous close of Rs 2,862.75 and reflects the same-day decline shown in the verified dataset.
What is Ratnamani Metals & Tubes market cap?
Ans. Ratnamani Metals & Tubes has a market capitalisation of Rs 20,065.59 Cr. The company is also classified as a Large Cap in the supplied data, which provides size context for today’s price move.
How does Ratnamani Metals & Tubes compare with peers on valuation?
Ans. Ratnamani Metals & Tubes trades at a P/E of 46.35 and a P/B of 4.8, both above the industry medians. Compared with peers, its P/E is higher than JSW Steel, Tata Steel and SAIL.
What do Ratnamani Metals & Tubes ROE and ROCE show?
Ans. Ratnamani Metals & Tubes reports ROE of 13.89% and ROCE of 18.01%. Both are above the industry medians, which gives useful context when reviewing Ratnamani Metals & Tubes Share Price and valuation together.
What is the dividend yield for Ratnamani Metals & Tubes?
Ans. Ratnamani Metals & Tubes has a dividend yield of 0.35%. This is a historical/current payout measure relative to the current share price and should be read alongside earnings, book value and valuation multiples.
What are the key prices to watch in Ratnamani Metals & Tubes Share Price?
Ans. Today’s range was Rs 2,793.6 to Rs 2,857.7, with an open at Rs 2,854.9 and a close at Rs 2,801. Those verified levels define the immediate price action context for the stock.
Is Ratnamani Metals & Tubes Share Price relevant for stock news trackers?
Ans. Yes. Ratnamani Metals & Tubes Share Price is relevant because the stock recorded a same-day fall, carries a Rs 20,065.59 Cr market cap, and sits in a high-valuation part of its industry.
