RAMA Steel Share Price Target Tomorrow 2024 To 2030

RAMA Steel Share Price Target Tomorrow 2024 To 2030

Rama Steel Tubes, often known as Rama Steel, is a spectacular participant who excels in the metallic corporation in India. Often known for its outstanding form of metal pipes and tubes, the corporation has an immense marketplace existence and is consistent in building its impression in each area and gradually globally. 

The following assessment is a study of this corporation’s overall market analysis, its current share price graph, its financial projections from 2024-2030, its shareholder and investor pattern, annual income statement both graphically and in tabular form. Additionally, some other features are also included.

RAMA Steel Share Price Current Graph

Below is the current graphical representation of the share price of RAMA Steel.

RAMA Steel Share Price Current Graph

Overview Of RAMA Steel Share Price 

Below is an overview of RAMA Steel’s share price –

  • Market Cap: ₹2.09kcr
  • Open: ₹11.89
  • High: ₹13.69
  • Low: ₹11.84
  • Current Share Price: 15.84
  • P/E Ratio: 51.33
  • Dividend Yield: N/A
  • 52 Week High: ₹16.83
  • 52 Week Low: ₹9.90

RAMA Steel Share Price Target 2024 – 2030

Below is the tabular form of financial projections of Rama Steel Share Price from 2024-2030-

Year Share Price Target 
2024 ₹18
2024 ₹25
2026 ₹34
2027 ₹49
2028 ₹54
2029 ₹69
2030 ₹84

Investor Type And Ratios For RAMA Steel Share Price 

The following is the shareholder pattern-

  • Promoters: 56.33%
  • Retail And Others: 43.62%
  • Foreign Institutions: 0.05%

Annual income statement For RAMA Steel Share Price 

Below is the annual income statement shown graphically-

Annual income statement For RAMA Steel Share Price 

The table beneath is the tabular representation of the annual income statement shown below-

(INR) Jun 2024 Y/Y Change
Revenue 2.18B -30.60%
Operating expense 106.95M -0.95%
Net income 63.57M -10.11%
Net profit margin 2.92 29.20%
Earnings per share N/A N/A
EBITDA 120.37M -28.80%
Effective tax rate 16.32% N/A

Key Factors For RAMA Steel Share Price

  • Innovation in making techniques and product development.
  • Strategic partnerships and collaborations.
  • Habituating to convert market fluctuations and customer selections.
  • Financial performance and key metrics.

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