Ratnamani Metals (India) Today

RATNAMANI   3,639  234.80  6.90%   

Performance

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Odds Of Distress

Less than 1

 
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Ratnamani Metals is trading at 3638.60 as of the 22nd of November 2024, a 6.90 percent increase since the beginning of the trading day. The stock's open price was 3403.8. Ratnamani Metals has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Ratnamani Metals Tubes are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Ratnamani Metals is entity of India. It is traded as Stock on NSE exchange. The company has 70.09 M outstanding shares. More on Ratnamani Metals Tubes

Moving against Ratnamani Stock

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Ratnamani Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ratnamani Metals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ratnamani Metals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman MDPrakash Sanghvi
Thematic Ideas
(View all Themes)
Business ConcentrationMetals & Mining, Materials, Basic Materials, Aluminum, Copper, Heavy Metals, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors)
Ratnamani Metals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ratnamani Metals' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Ratnamani Metals can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ratnamani Metals' financial leverage. It provides some insight into what part of Ratnamani Metals' total assets is financed by creditors.
Liquidity
Ratnamani Metals cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Ratnamani Metals Tubes has accumulated 1.53 B in total debt. Debt can assist Ratnamani Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Ratnamani Metals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ratnamani Metals Tubes sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ratnamani to invest in growth at high rates of return. When we think about Ratnamani Metals' use of debt, we should always consider it together with cash and equity.

Change To Inventory

(939.98 Million)
Ratnamani Metals Tubes (RATNAMANI) is traded on National Stock Exchange of India in India and employs 2,922 people. Ratnamani Metals is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 241.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ratnamani Metals's market, we take the total number of its shares issued and multiply it by Ratnamani Metals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ratnamani Metals Tubes operates under Metals & Mining sector and is part of Materials industry. The entity has 70.09 M outstanding shares. Ratnamani Metals Tubes has accumulated about 341.23 M in cash with 4.98 B of positive cash flow from operations.
Check Ratnamani Metals Probability Of Bankruptcy
Ownership Allocation
Ratnamani Metals owns a total of 70.09 Million outstanding shares. Ratnamani Metals holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 67.37 pct. of Ratnamani Metals Tubes outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Ratnamani Ownership Details

Ratnamani Metals Tubes Risk Profiles

Although Ratnamani Metals' alpha and beta are two of the key measurements used to evaluate Ratnamani Metals' performance over the market, the standard measures of volatility play an important role as well.

Ratnamani Stock Against Markets

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Ratnamani Metals Corporate Management

Elected by the shareholders, the Ratnamani Metals' board of directors comprises two types of representatives: Ratnamani Metals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ratnamani. The board's role is to monitor Ratnamani Metals' management team and ensure that shareholders' interests are well served. Ratnamani Metals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ratnamani Metals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jigar SanghviExecutive MarketingProfile
Manoj SanghviBusiness PipesProfile
Prashant SanghviWhole LSAWProfile
Rajnikant PatelSenior ManufacturingProfile

Other Information on Investing in Ratnamani Stock

Ratnamani Metals financial ratios help investors to determine whether Ratnamani Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ratnamani with respect to the benefits of owning Ratnamani Metals security.