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With metal prices rising, both domestically and at the London Metal Exchange, stocks in this sector are getting re-valued. Ratnamani Metals gained significantly on trade on Monday as a large brokerage published a buy report on it.

Analysts are expecting this counter to outperform current expectations as they see a further upside to metal prices. The top line of the company is anticipated to show a significant growth over the last few quarters.

The stock gained 5 per cent at the BSE and triggered the circuit filter. It closed the day at Rs 404.95 with over 25,000 shares traded.

Veena Venugopal

More Stories on : Stocks | Ear to the ground

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