Ratnamani Metals bags orders worth ₹328 cr.

Ratnamani Metals and Tubes has bagged two orders aggregating to ₹328 crore. The orders entail supply of HSAW pipes worth ₹116 crore and supply of ERW pipes worth ₹212 crore for oil & gas pipelines to be completed by December 2017/January 2018. After hitting a high of ₹804.05, shares of the manufacturer of tubes, pipes, hollow profiles, tube/pipe fittings of cast iron/cast steel closed at ₹785.55 on the NSE, a gain of 6.62 per cent.

HBL