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Rama Steel Tubes Share Price Target 2024, 2025, 2026 to 2039 With Charts

Rama Steel Tubes Limited

Company LogoSymbol: RAMASTEEL
Price: ₹11.4
Exchange: NSE
Basic Materials -> Steel
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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.


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Rama Steel Tubes Financial Performance

MetricValueDescription
Market Capital1,997.18 CroreMarket valuation of Rama Steel Tubes's shares.
Revenue (TTM)1,171.86 CroreTotal revenue generated by Rama Steel Tubes over the past twelve months.
Net Income (TTM)+31.9 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin6.71%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin2.72%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
43.82Company's total debt divided by total shareholder equity.
Total Debt142.46 CroreSum of Rama Steel Tubes's current & long-term financial obligations.
Total Cash33.35 CroreTotal amount of liquid funds available to Rama Steel Tubes.
Beta0.91Beta 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

Rama Steel Tubes Targets For 2024 Chart

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.

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Rama Steel Tubes Share Price Target Table For 2024

Rama Steel Tubes's LevelsValueReason/Importance
2024 Target 319.39 (+70.08%)Price Action: Chart
2024 Target 219.03 (+66.92%)Price Action: Chart
2024 Target 118.84 (+65.26%)Custom Fibonacci Extension Lvl 23.6%
Current Price11.40Rama Steel Tubes's 1 share price as of Mon 01 Jul 2024
Stop Loss 19.11 (-20.09%)Price Action: Chart
Stop Loss 29.02 (-20.88%)Price Action: Chart
Stop Loss 38.86 (-22.29%)Price Action: Chart

Summary: Rama Steel Tubes Share Price Prediction For 2024

In summary, Rama Steel Tubes has declined by ₹-24.60, recording a notable -68.33% decrease from 1st January 2024 to 01 Jul 2024. Despite the setback, our analysis of Rama Steel Tubes for 2024 predicts an additional rise of 65.26% to 70.08% by the end of 2024 with three potential targets T1: 18.84, T2: 19.03, T3: 19.39. Stop Loss at SL1: 9.11, SL2: 9.02, SL3: 8.86.

Rama Steel Tubes has a 52-week high of ₹16.83, 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

Rama Steel Tubes Targets For 2025 Chart

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.

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Rama Steel Tubes Share Price Target Table For 2025

Rama Steel Tubes's LevelsValueReason/Importance
2025 Target 337.88 (+232.28%)Price Action: Chart
2025 Target 237.17 (+226.05%)Price Action: Chart
2025 Target 136.80 (+222.8%)Custom Fibonacci Extension Lvl 64.9%
Current Price11.40Rama Steel Tubes's 1 share price as of Mon 01 Jul 2024
Stop Loss 15.21 (-54.3%)Price Action: Chart
Stop Loss 25.16 (-54.74%)Price Action: Chart
Stop Loss 35.07 (-55.53%)Price Action: Chart

Summary: Rama Steel Tubes Share Price Prediction For 2025

In summary, Rama Steel Tubes has declined by ₹-24.60, recording a notable -68.33% decrease from 1st January 2024 to 01 Jul 2024. Despite the setback, our analysis of Rama Steel Tubes for 2025 predicts an additional rise of 222.8% to 232.28% by the end of 2025 with three potential targets T1: 36.80, T2: 37.17, T3: 37.88. Stop Loss at SL1: 5.21, SL2: 5.16, SL3: 5.07.

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

Rama Steel Tubes Targets Chart 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 15.61% 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

YearRama Steel Tubes TargetYoY Change %
2024₹11.4[Current Price]
2024₹12.913.15%
2025₹20.4958.83%
2026₹15.2-25.82%
2027₹11.62-23.56%
2028₹59.26409.98%
2029₹61.854.37%
2030₹65.766.32%
2031₹69.095.06%
2032₹74.067.19%
2033₹78.876.49%
2034₹81.042.75%
2035₹84.974.84%
2036₹88.163.75%
2037₹93.435.97%
2038₹98.475.39%
2039₹98.28-0.2%

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Rama Steel Tubes Past Performance

RAMASTEEL main
Rama Steel Tubes has been listed on NSE for more than 9 years.
  • In 2015, Rama Steel Tubes opening price was ₹3.11
  • As of Mon 01 Jul 2024 the price stands at ₹11.4.
  • This represents a Compound Annual Growth Rate (CAGR) of 13.87%.
  • In 9 years, an investment of 10,000 would have become ₹36,655.94.

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.

For more insights into Rama Steel Tubes Limited, explore these additional resources:-

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.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter