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Rama Steel Tubes Share Price Target 2024, 2025, 2026 to 2039 With Charts
Rama Steel Tubes Limited | |||
 | Symbol: RAMASTEEL | ||
| Price: ₹11.98 | |||
| Exchange: NSE | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Rama Steel Tubes Brief Company Overview
- 1.1: Rama Steel Tubes Limited: A Leading Steel Manufacturer in India and Beyond
- 1.2: Rama Steel Tubes Financial Performance
- 1.2.1: Is Rama Steel Tubes A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Rama Steel Tubes Share Price Target For 2024
- 2.1.1: Rama Steel Tubes Share Price Target Table For 2024
- 2.1.2: Summary: Rama Steel Tubes Share Price Prediction For 2024
- 2.2: Rama Steel Tubes Share Price Target For 2025
- 2.2.1: Rama Steel Tubes Share Price Target Table For 2025
- 2.2.2: Summary: Rama Steel Tubes Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Rama Steel Tubes Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Rama Steel Tubes Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Rama Steel Tubes Past Performance
Rama Steel Tubes Brief Company Overview
Rama Steel Tubes Limited: A Leading Steel Manufacturer in India and Beyond
Established in 1974, Rama Steel Tubes Limited has been a prominent player in the manufacturing and trading of steel pipes and tubes in India and internationally for over four decades.
The company's diverse product portfolio includes ERW galvanized and black steel pipes and tubes, scaffolding pipes and tubes, swaged poles, structural steel products, and hollow sections. Rama Steel Tubes Limited has a strong presence in both the domestic and international markets, with a presence in the United Kingdom, the United Arab Emirates, Sri Lanka, Ethiopia, and many more countries.
Rama Steel Tubes Limited is known for its commitment to quality, innovation, and customer satisfaction. The company has received numerous accolades and certifications for its exceptional products and services, including the ISO 9001:2015 certification.
With its state-of-the-art manufacturing facilities, skilled workforce, and commitment to excellence, Rama Steel Tubes Limited is well-positioned to continue its growth trajectory and maintain its leadership position in the steel industry.
Rama Steel Tubes Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,997.18 Crore | Market valuation of Rama Steel Tubes's shares. |
| Revenue (TTM) | 1,171.86 Crore | Total revenue generated by Rama Steel Tubes over the past twelve months. |
| Net Income (TTM) | +31.9 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 6.71% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 2.72% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -25.8% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +22.9% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 43.82 | Company's total debt divided by total shareholder equity. |
| Total Debt | 142.46 Crore | Sum of Rama Steel Tubes's current & long-term financial obligations. |
| Total Cash | 33.35 Crore | Total amount of liquid funds available to Rama Steel Tubes. |
| Beta | 0.91 | Beta is less than 1 indicating that the Rama Steel Tubes's price is less volatile than the market. |
Is Rama Steel Tubes A Good Buy For Long Term?
Rama Steel Tubes exhibits mixed financial performance with a stagnant revenue and modest net profit growth over the past year. Despite a high debt burden, the company maintains a positive cash balance. While its past returns have been volatile, Rama Steel Tubes has historically generated strong returns over longer periods. Given the current market conditions and the company's financial position, it may be considered an average buy for long-term investors seeking potential growth with moderate risk.
To predict the Rama Steel Tubes's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Rama Steel Tubes Share Price Target For 2024
The line chart displays the monthly closing prices of Rama Steel Tubes with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Rama Steel Tubes shares in 2024, see the table below.
Rama Steel Tubes Share Price Target Table For 2024
| Rama Steel Tubes's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 12.36 (+3.17%) | Fibonacci Extension Level 150% |
| 2024 Target 2 | 12.20 (+1.83%) | Price Action: Mar 2022 Low |
| 2024 Target 1 | 12.04 (+0.5%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 11.98 | Rama Steel Tubes's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 11.95 (-0.26%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 2 | 11.80 (-1.51%) | Price Action: May 2024 Low |
| Stop Loss 3 | 11.68 (-2.51%) | Price Action: Oct 2021 High |
Summary: Rama Steel Tubes Share Price Prediction For 2024
In summary, Rama Steel Tubes has declined by ₹-24.02, recording a notable -66.72% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Rama Steel Tubes for 2024 predicts an additional rise of 0.5% to 3.17% by the end of 2024 with three potential targets T1: 12.04, T2: 12.20, T3: 12.36. Stop Loss at SL1: 11.95, SL2: 11.80, SL3: 11.68.
Rama Steel Tubes has a 52-week high of ₹17.55, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹9.90, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Rama Steel Tubes.
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Rama Steel Tubes Share Price Target For 2025
The line chart displays the monthly closing prices of Rama Steel Tubes with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Rama Steel Tubes shares in 2025, see the table below.
Rama Steel Tubes Share Price Target Table For 2025
| Rama Steel Tubes's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 39.15 (+226.79%) | Price Action: Chart |
| 2025 Target 2 | 38.42 (+220.7%) | Price Action: Chart |
| 2025 Target 1 | 38.04 (+217.52%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 11.98 | Rama Steel Tubes's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 5.63 (-53.01%) | Price Action: Chart |
| Stop Loss 2 | 5.57 (-53.51%) | Price Action: Chart |
| Stop Loss 3 | 5.47 (-54.35%) | Price Action: Chart |
Summary: Rama Steel Tubes Share Price Prediction For 2025
In summary, Rama Steel Tubes has declined by ₹-24.02, recording a notable -66.72% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Rama Steel Tubes for 2025 predicts an additional rise of 217.52% to 226.79% by the end of 2025 with three potential targets T1: 38.04, T2: 38.42, T3: 39.15. Stop Loss at SL1: 5.63, SL2: 5.57, SL3: 5.47.
Rama Steel Tubes has a All-Time high of ₹525.29, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹9.90, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Rama Steel Tubes, we have created a specific page for that check here: Rama Steel Tubes Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Rama Steel Tubes Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Rama Steel Tubes share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 18.84% over the next 15 years.
For complete year by year Rama Steel Tubes long term share price target from 2024, 2025 to 2039 check the below table.
Rama Steel Tubes Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Rama Steel Tubes Target | YoY Change % |
|---|---|---|
| 2024 | ₹11.98 | [Current Price] |
| 2024 | ₹8.77 | -26.8% |
| 2025 | ₹20.49 | 133.63% |
| 2026 | ₹15.2 | -25.82% |
| 2027 | ₹11.62 | -23.56% |
| 2028 | ₹59.26 | 409.98% |
| 2029 | ₹61.85 | 4.37% |
| 2030 | ₹65.76 | 6.32% |
| 2031 | ₹69.09 | 5.06% |
| 2032 | ₹74.06 | 7.19% |
| 2033 | ₹78.87 | 6.49% |
| 2034 | ₹81.04 | 2.75% |
| 2035 | ₹84.97 | 4.84% |
| 2036 | ₹88.16 | 3.75% |
| 2037 | ₹93.43 | 5.97% |
| 2038 | ₹98.47 | 5.39% |
| 2039 | ₹98.28 | -0.2% |
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Rama Steel Tubes Past Performance
- In 2015, Rama Steel Tubes opening price was ₹3.11
- As of Thu 21 Nov 2024 the price stands at ₹11.98.
- This represents a Compound Annual Growth Rate (CAGR) of 14.44%.
- In 9 years, an investment of 10,000 would have become ₹38,520.9.
As we wrap up, we hope you like our study on Rama Steel Tubes share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Rama Steel Tubes Share Price History
- Rama Steel Tubes Price Target Tomorrow
- Rama Steel Tubes Dividend History
- Rama Steel Tubes Bonus History
- Rama Steel Tubes Split History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
