If you thinking about which talk will be the best for investment in recent times, then you should know about Rama Steel and Tubes Ltd. Share Price Target. Today in this blog post I am discussing the basic idea of Rama Steel Tubes Ltd. Share Price Target for 2024, 2025, to 2030. To write this blog post we did deep research and took expert advice to write this post about basics of the company’s growth, performance, Future Plans, etc.
Rama Steel and Tubes Ltd. is a Steel & Iron Products sector company listed in both BSE and NSE. In this blog post, we will discuss the company’s financial growth, business policies, the shareholding pattern, and its forecast of share price yearly. we use a lot of website data to analyze and understand the Rama Steel Tubes Ltd. Share Price Target from 2024 to 2030.
About Rama Steel Tubes Ltd.
Rama Steel and Tubes Ltd. is a Steel & Iron Products manufacturing company that was incorporated in the year of 1974. The headquarters of the company is situated in Ghazipur, New Dehli. The company mainly engaged in manufacturing, supplying, and exporting steel pipes, steel tubes, and fittings.RSTL has an export rate of 10-20% across the world in nearly 16 countries.
Products of Rama Steel Tubes Ltd.
The company has a major product portfolio of
ERW Galvanized Steel Pipes and Tubes
ERW Black Steel Pipes and Tubes
Scaffolding Pipes and Tubes
Swaged Poles
Structural Steel Products
Hollow Sections
Fundamentals of Rama Steel and Tubes Ltd.
| Market Cap | ₹2,286.27 Cr. |
| P/E Ratio | 116.75 |
| P/B Ratio | 7.75 |
| Div. Yield | 0% |
| Book Value (TTM) | ₹1.90 |
| Cash | ₹3.66 Cr. |
| Debt | ₹128.44 Cr. |
| Promoter Holding | 56.33% |
| EPS (TTM) | ₹0.13 |
| Sales Growth | 95.21% |
| ROE | 11.61% |
| ROCE | 12.18% |
| Profit Growth | 56.44% |
Fundamental Analysis of Rama Steel and Tubes Ltd.
Before investing we need a basic idea about the company’s major ratios like PE ratio, return on assets, current ratio, and return on equity, etc. In this section, we will discuss the performance of Rama Steel and Tubes Ltd. and also the Share Price Target based on the ratios analyzed below.
PE Ratio
The PE ratio is used to know how much investors are ready to pay for a share of its earnings so Rama Steel and Tubes Ltd. has a 116% PE ratio, which is high indicating that the stock is overvalued.
Profit Growth
The profit of the company last 1 year is 56.44%, for the last 3 years 128.85%, and last 5 years 9.21%, indicating that the company gave a good return to its investors.
Return on Assets
The ROA company is used to measure how effectively a company can earn a written on its investment in assets. so Rama Steel and Tubes Ltd.’s Return on assets is 11.16% which is a bad sign for the future performance of the company.
Return on Equity
Return on equity is used to measure the ability of a firm to generate profits from its shareholder’s investments in the company. So Rama Steel and Tubes Ltd. Has 11.61% ROE. generally higher ROE is better.
Sales Growth
Rama Steel and Tubes Ltd. has Shown the best sales growth of 95.21% which is fair about its growth and performance.
Operating Margin
Operating Margin is used to check the operational efficiency of the company to adjust between its costs and revenue to generate healthy profits. Rama Steel and Tubes Ltd. has a 3.25% operating margin which is low. Higher is better for investors.
Dividend Yield
The dividend yield is used to know how much dividend we will receive in relation to the price of stock price. in current year dividend payout of Rama Steel and Tubes Ltd. Is 0 Rs. And the yield is 0%.
Earnings per Share
EPS is used to check how much profit is all located in each outstanding share of a common stock. The current year EPS of Rama Steel and Tubes Ltd. is Rs. 0.13, generally higher EPS is better for its investors.
Share Holding Pattern of Rama Steel and Tubes Ltd.
Promoters: 56.33%
Public: 43.62%
FII (Foreign Institutional Investors): 0.05%
DII (Domestic Institutional Investors): 0%
Promoters Holding
Promoter shareholding in the company is 56.33% which indicates that the promoters have a good quantity of stake in the company, which can be seen as a sign of their confidence in the business’s future growth.
FII and DII
FII and DII folding in the company is 0.05% and 0%. which indicates that the company is fails to attract smart investors.
Public Holding
Public holding in the company is around 43.62% which indicates that the company has a reasonable level of public trust and participation.
Rama Steel and Tubes Ltd. Share Price Target from 2024 to 2030
| Year | Minimum Share Price Target | Maximum Share Price Target |
| 2024 | 13 | 16 |
| 2025 | 15 | 27 |
| 2026 | 25 | 43 |
| 2027 | 41 | 60 |
| 2028 | 57 | 88 |
| 2029 | 81 | 157 |
| 2030 | 148 | 244 |
Rama Steel and Tubes Ltd. Share Price Target 2024
In this volatile market, Rama Steel and Tubes Ltd. is Near to its all-time high of 16.83 and ready to break it now. If the Rama steels holds this level then it will continue its uptrend rally. So as per our analysis, Rama Steel and Tubes Ltd.’s Share Price Target 2024 will be a minimum of 15 and a maximum of 16.
| Minimum Share Price Target | 13 |
| Maximum Share Price Target | 16 |
Rama Steel and Tubes Ltd. Share Price Target 2025
Rama Steel and Tubes Ltd.’s profit growth has increased over the last 1 year is 56.44% and over the last 3 years 128.85% and over the last 5 years, 9.21% which shows that the profit growth is improving so we are expecting Rama Steel and Tubes Ltd. Share Price Target 2025 will be a minimum of 15 and a maximum of 27.
| Minimum Share Price Target | 15 |
| Maximum Share Price Target | 27 |
Rama Steel and Tubes Ltd. Share Price Target 2026
The company Shows massive sales growth For the last year 95.21%, For the last 3 years 51.27%, and for the last 5 years, 24.74% which indicates that the company will consistently increase its sales growth so we are expecting Rama Steel and Tubes Ltd. Share Price Target 2026 will be a minimum of 25 and a maximum of 43.
| Minimum Share Price Target | 25 |
| Maximum Share Price Target | 43 |
Rama Steel and Tubes Ltd. Share Price Target 2027
The ROE of the company last year was 11.61%, for the last 3 years it was 9.27%, and for the 5 years 8.15% which indicates the company is generating good returns to its investors. Recently Govt of India approved a production-linked Incentive Scheme that aims to boost specially steel production to 42 tonnes by the end of 2027. This builds the confidence of investors in the company, so we are expecting Rama Steel and Tubes Ltd.’s Share Price Target in 2027 will be a minimum of 41 and a maximum of 60.
| Minimum Share Price Target | 41 |
| Maximum Share Price Target | 60 |
Rama Steel and Tubes Ltd. Share Price Target 2028
National Steel Policy 2017 provides a road map for the long-term growth of the Indian steel industry, focusing on both the demand and supply side, and aims to increase per capita steel consumption to 160 kgs by 2031. This will boost the future performance of Rama Steel and Tubes Ltd. so we are expecting Rama Steel and Tubes Ltd.’s Share Price Target 2028 will be a minimum of 57 to a maximum of 88.
| Minimum Share Price Target | 57 |
| Maximum Share Price Target | 88 |
Rama Steel and Tubes Ltd. Share Price Target 2029
Increasing demand for steel with an increase in the construction sector will increase the demand of the company so we are expecting Rama Steel and Tubes Ltd. Share Price Target 2029 will be a minimum of 81 to a maximum of 157.
| Minimum Share Price Target | 81 |
| Maximum Share Price Target | 157 |
Rama Steel and Tubes Ltd. Share Price Target 2030
As per the government of India’s New Steel Policy aspires to achieve 300Mt of steel-making capacity by 2030 we are expecting Rama Steel and Tubes Ltd.’s Share Price Target in 2030 will be a minimum of 148 and a maximum of 244.
| Minimum Share Price Target | 148 |
| Maximum Share Price Target | 244 |
Read More: Tata Steel Share Price Target
Final Words
Rama Steel and Tubes Ltd. has strong financial conditions and strong management. The company has been operating in the market for over 5 decades with experience in steel and Tubes production. Investing in fundamental string stock and experienced management will give you a good return so before investing check the market conditions and sector performance. if you have any queries comment below and share this article with your friends and family.
FAQ:
What Is Rama Steel and Tubes Ltd. Share Price Target 2024?
In this volatile market, Rama Steel and Tubes Ltd. is Near to its all-time high of 16.83 and ready to break it now. If the Rama steels holds this level then it will continue its uptrend rally. So as per our analysis, Rama Steel and Tubes Ltd.’s Share Price Target 2024 will be a minimum of 15 and a maximum of 16.
What Is Rama Steel and Tubes Ltd. Share Price Target 2025?
Rama Steel and Tubes Ltd.’s profit growth has increased over the last 1 year is 56.44% and over the last 3 years 128.85% and over the last 5 years, 9.21% which shows that the profit growth is improving so we are expecting Rama Steel and Tubes Ltd. Share Price Target 2025 will be a minimum of 15 and a maximum of 27.
What Is Rama Steel and Tubes Ltd. Share Price Target 2030?
As per the government of India’s New Steel Policy aspires to achieve 300Mt of steel-making capacity by 2030 we are expecting Rama Steel and Tubes Ltd.’s Share Price Target in 2030 will be a minimum of 148 and a maximum of 244.