Stocks

Order booster for Ratnamani Metals

| Updated on December 20, 2019 Published on December 21, 2019

Ratnamani Metals & Tubes Ltd has received two major orders worth ₹224 crore in the Carbon Steel division.

The company bagged an order worth ₹124 crore from a domestic client for an oil & gas pipeline project, which has to be completed between April-September 2020; and another export order for $14.30 million (about ₹100 crore) for supply of bare CS pipes. The order has to be completed between May and June 2020. Shareholders will closely monitor the execution of projects.

Published on December 21, 2019
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