Rama Steel is a well-known company in the steel industry. Rama Steel is listed in both NSE and BSE. In this article, we will know about Rama Steel Tubes Share Price Target 2024, 2025, to 2030. Rama Steel’s price prediction will be based on past performance and fundamental analysis. The Current Market Price of Rama Steel is ₹16.25 as of 13-09-2024. Rama Steel was listed on the National Stock Exchange and Bombay Stock Exchange on 24 August 2024.
Rama Steel’s stock has shown strong performance in recent years. A strong bull rally has been observed in Rama Steel stock over the past few years. Rama Steel has delivered a return of 1985.05% in the last 5 years and 31.90% in the last year. The Share Price of Rama Steel shares rose from ₹0.79 to ₹16.18 in the previous 5 years. As of 13-09-2024, the highest price Rama Steel Stock has reached in the past 52 weeks is ₹17.55, while the lowest price in 52 weeks is ₹9.90.
Rama Steel Tubes Overview
Rama Steel was established in 1974. Rama Steel has solidified its position as a leading company in the steel industry. The company has a range of well-known products that are popular in various markets. Rama Steel focuses on innovation and sustainability. The company is growing its presence worldwide and remains a leader in its market, supported by its strong financial results.
Rama Steel Tubes Share Price Target 2024
| Month | Target Price |
|---|---|
| August 2024 | ₹16.50 |
| September 2024 | ₹17.00 |
| October 2024 | ₹17.50 |
| November 2024 | ₹17.90 |
| December 2024 | ₹18.20 |
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Rama Steel Tubes Share Price Target 2025
| Month | Target Price |
|---|---|
| January 2025 | ₹19.40 |
| February 2025 | ₹18.70 |
| March 2025 | ₹19.00 |
| April 2025 | ₹19.60 |
| May 2025 | ₹19.90 |
| June 2025 | ₹19.80 |
| July 2025 | ₹20.00 |
| August 2025 | ₹20.70 |
| September 2025 | ₹20.90 |
| October 2025 | ₹21.50 |
| November 2025 | ₹21.90 |
| December 2025 | ₹22.40 |
Rama Steel Tubes Share Price Target 2026
| Month | Target Price |
|---|---|
| January 2026 | ₹22.50 |
| February 2026 | ₹22.80 |
| March 2026 | ₹23.00 |
| April 2026 | ₹22.50 |
| May 2026 | ₹22.90 |
| June 2026 | ₹23.10 |
| July 2026 | ₹23.50 |
| August 2026 | ₹23.70 |
| September 2026 | ₹23.80 |
| October 2026 | ₹24.00 |
| November 2026 | ₹24.30 |
| December 2026 | ₹24.50 |
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Rama Steel Tubes Share Price Target 2027
| Month | Target Price |
|---|---|
| January 2027 | ₹25.80 |
| February 2027 | ₹25.90 |
| March 2027 | ₹26.00 |
| April 2027 | ₹26.70 |
| May 2027 | ₹26.50 |
| June 2027 | ₹27.10 |
| July 2027 | ₹27.50 |
| August 2027 | ₹27.90 |
| September 2027 | ₹28.30 |
| October 2027 | ₹28.00 |
| November 2027 | ₹28.30 |
| December 2027 | ₹28.50 |
Rama Steel Tubes Share Price Target 2028
| Month | Target Price |
|---|---|
| January 2028 | ₹29.00 |
| February 2028 | ₹29.50 |
| March 2028 | ₹30.00 |
| April 2028 | ₹30.50 |
| May 2028 | ₹31.00 |
| June 2028 | ₹31.50 |
| July 2028 | ₹32.00 |
| August 2028 | ₹32.30 |
| September 2028 | ₹32.50 |
| October 2028 | ₹33.00 |
| November 2028 | ₹33.20 |
| December 2028 | ₹33.50 |
Rama Steel Tubes Share Price Target 2029
| Month | Target Price |
|---|---|
| January 2029 | ₹34.00 |
| February 2029 | ₹34.50 |
| March 2029 | ₹35.00 |
| April 2029 | ₹35.50 |
| May 2029 | ₹36.00 |
| June 2029 | ₹36.50 |
| July 2029 | ₹37.00 |
| August 2029 | ₹37.50 |
| September 2029 | ₹38.00 |
| October 2029 | ₹38.50 |
| November 2029 | ₹39.00 |
| December 2029 | ₹39.50 |
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Rama Steel Tubes Share Price Target 2030
| Month | Target Price |
|---|---|
| January 2030 | ₹40.00 |
| February 2030 | ₹40.50 |
| March 2030 | ₹41.00 |
| April 2030 | ₹41.50 |
| May 2030 | ₹42.00 |
| June 2030 | ₹42.50 |
| July 2030 | ₹43.00 |
| August 2030 | ₹43.50 |
| September 2030 | ₹44.00 |
| October 2030 | ₹44.50 |
| November 2030 | ₹45.00 |
| December 2030 | ₹45.50 |
Rama Steel Financials (2024)
| Particulars | Year (2024) |
|---|---|
| Revenue | ₹1,051 (Cr) |
| Expenses | ₹1,014 (Cr) |
| EBITA | ₹64.42 (Cr) |
| Profit Before Tax | ₹37.53 (Cr) |
| Net Profit | ₹30 (Cr) |
Rama Steel Fundamentals
| Particulars | Figures |
|---|---|
| Market Cap | ₹2,443 (Cr) |
| P/E Ratio | 84.05 |
| Debt to Equity | 0.43 |
| ROE | 8.69% |
| Book Value | ₹2.17 |
| Face Value | 1 |
Rama Steel Shareholding Pattern
| Particulars | Shareholding Pattern |
|---|---|
| Promoters | 56.33% |
| Foreign Institutions (FII) | 0.05% |
| Retail Investors | 43.62% |
Key factors to consider before investing in Rama Steel tubes Limited
- While investing in Rama Steel Tubes Ltd there are certain parameters one should take into consideration including its financial position, revenue, debt structure, cash position and net profit. The company has presented a trend of increasing revenue and profit in the last few years indicating good market demand for the company’s products, along with better management of business strategies.
- It is also necessary to pay particular attention to the changes in production capacities and new product offerings at Rama Steel Tubes as these types of adjustments will determine future revenue and margins. Entrance into new regions or an increase in existing capacities is an indication of the company’s desire for growth.
- There is high competition in the steel manufacturing industry and the company will be competing with firms such as Tata Steel, Jindal Pipes, and other major players in the business. To evaluate the position of Rama Steel Tubes and its ability to set prices within the industry, it is useful to compare its performance and market share with these competitors.
- Certain important fundamentals of Rama Steel Tubes Ltd. which includes P/E ratio, market capitalization, P/B ratio and other related ratios need to be studied to check whether the company’s stock price is fairly priced or not.
- In steel industry, the cost of materials like steel, and the ability of supply chain are very important factors which can affect the margins and the company’s profitability of a company.
- Before buying shares of Rama Steel Tubes Ltd., one should know the risks involved and use correct risk management measures as the market is unpredictable and the industry depends on cycles.
Conclusion
There are a few things to consider before investing in Rama Steel Tubes Ltd The Company has shown consistent historical performance in the past few years with gradual progress exhibited in the financial figures of the Company. Having a solid positioning in segments, including infrastructure and construction, the company is set to capitalize on the growing trend in demand for steel products in these segments.
The stock price targets and other information regarding Rama Steel Tubes are given for informative purposes only. We don’t make buy and sell recommendations on specific stocks. These are usually forecasted prices and may change depending on the market forces prevailing at that slightly later time. Any decision to buy or sell Rama Steel Tubes Ltd stocks should be taken with the help of financial professionals or consultants.
FAQ’S
What is the target price of Rama Steel In 2025?
Rama Steel Tubes share price target is between ₹19.40 to ₹22.40 in 2025.
What is the target price of Rama Steel In 2026?
Rama Steel Tubes share price target is between ₹22.50 to ₹24.50 in 2026.
What is the target price of Rama Steel In 2027?
Rama Steel Tubes share price target is between ₹25.80 to ₹28.50 in 2027.
What does Rama Steel Tubes Ltd. do?
Rama Steel Tubes Ltd. deals in steel tubes and pipes relevant to infrastructure – construction, energy, Agrico, etc. It manufactures black steel, galvanized, and pre-galvanized steel tubes intended for the local and overseas markets.
What is the target price of Rama Steel In 2028?
Rama Steel Tubes share price target is between ₹29.00 to ₹33.50 in 2028.