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Rama Steel Tubes Ltd. ( (IN:RAMASTEEL) ) has issued an announcement.
Rama Steel Tubes Limited announced a significant increase in sales volume for the first half of FY26 and the second quarter of FY26. The company reported a 28% year-over-year increase in sales volume for the first half of FY26, reaching 112,961.24 tons, and a 23% year-over-year increase for the second quarter, with a sales volume of 62,742.97 tons. This growth reflects RSTL’s strong market positioning and its ongoing efforts to enhance performance through innovation and cost optimization, potentially strengthening its standing in the global steel tube market.
More about Rama Steel Tubes Ltd.
Rama Steel Tubes Limited (RSTL) is a prominent manufacturer in the steel pipes and tubes industry in India, established in 1974. The company offers a wide range of products including MS ERW black pipes and G.I. Pipes, and has a significant global presence with operations in over 16 countries. RSTL has subsidiaries in the UAE and Nigeria, and maintains a strong distributor network across India. The company is known for its advanced manufacturing capabilities and commitment to innovation and cost optimization.
Average Trading Volume: 1,150,234
Technical Sentiment Signal: Hold
Current Market Cap: 16.13B INR
See more data about RAMASTEEL stock on TipRanks’ Stock Analysis page.