Multibagger Penny Stock Under Rs 10 In Green As Company Announces Sales Volume Performance for 12MFY25 and Q4FY25; Details Inside
The stock is up by 7.33 per cent from its 52-week low of Rs 9.28 per share and gave multibagger returns of 3,425 per cent in 5 years whereas the BSE Sensex Index is up by 177 per cent.
On Thursday, shares of Rama Steel Tubes Ltd surged 1.01 per cent to Rs 9.96 per share from its previous closing of Rs 9.86 per share. The stock’s 52-week high is Rs 17.51 and its 52-week low is Rs 9.28.
Rama Steel Tubes Ltd (RSTL) announced its 12M FY25 and Q4 FY25 sales volume performance, revealing significant year-over-year growth. The company reported a 12M FY25 sales volume of 194,212.53 tons, marking a 9 per cent increase compared to the previous fiscal year. Specifically, Q4 FY25 saw a sales volume of 54,256.30 tons, reflecting a 14 per cent year-over-year increase and a 5 per cent quarter-over-quarter rise. These figures highlight the company's consistent growth trajectory in the structural steel tube market.
Rama Steel Tubes Limited (RSTL) is a pioneer and leading manufacturer of steel Pipes & Tubes and GI pipes in India, established in 1974 by Sh. H.L. Bansal, Rama is one of the most trusted and established names in the Steel Tube and pipe market in India, and one which is rapidly gaining recognition globally. RSTL has been continuously striving to improve its performance by increasing sales, share of value-added products, innovating new products and aggressively controlling costs continually. RSTL products range includes MS ERW black pipes from 15mm to 200mm diameter pipes and G.I. Pipes from 15mm to 150mm NB in light, medium and heavy sizes. RSTL has a global presence in more than 16 Countries.
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RSTL has a subsidiary in the UAE and a step-down subsidiary in Nigeria, which has strengthened the company’s presence in global markets. RSTL also has two WOS in India to cover a strong distributor network spread across India. RSTL has the world's latest technology, plant and machinery, which also includes sophisticated testing equipment. RSTL has 4 state-of-the-art manufacturing capabilities located at Sahibabad (U.P.), Khopoli (Maharashtra) and Anantpur (Andhra Pradesh). RSTL has a 51 per cent stake in Ashoka Infra Steel (Partnership firm), 40 per cent in ORAM Green Energy Limited and also has a 25 per cent stake in Peer Panchal Construction (JV.
The company have a market cap of over Rs 1,500 crore and has delivered good profit growth of 28.3 per cent CAGR over the last 5 years. The stock is up by 7.33 per cent from its 52-week low of Rs 9.28 per share and gave multibagger returns of 3,425 per cent in 5 years whereas the BSE Sensex Index is up by 177 per cent. Investors should keep an eye on this penny stock.
Disclaimer: The article is for informational purposes only and not investment advice.