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Rama Steel Tubes Ltd. ( (IN:RAMASTEEL) ) has provided an update.
Rama Steel Tubes Limited reported strong sales volume growth for the nine months ended FY26 and the third quarter of FY26, underscoring its momentum in the structural steel tube market. The company’s Q3FY26 sales volume rose 14% year-on-year to 58,974.55 tonnes from 51,669.01 tonnes in Q3FY25, while 9MFY26 sales volume increased 23% year-on-year to 171,935.78 tonnes from 139,956.23 tonnes a year earlier, indicating robust demand for its products and potentially reinforcing its competitive positioning in both domestic and export markets.
More about Rama Steel Tubes Ltd.
Rama Steel Tubes Limited is a New Delhi-based pioneer and leading manufacturer of steel pipes, tubes and galvanized iron (G.I.) pipes, established in 1974. The company produces MS ERW black pipes ranging from 15mm to 200mm and G.I. pipes from 15mm to 150mm in light, medium and heavy sizes, serving both domestic and international markets across more than 16 countries. With subsidiaries in the UAE and Nigeria, two wholly owned subsidiaries in India, a 51% stake in Ashoka Infra Steel and 40% in ORAM Green Energy, Rama Steel operates four state-of-the-art manufacturing facilities in Uttar Pradesh, Maharashtra and Andhra Pradesh, supported by advanced technology and a strong distributor network.
Average Trading Volume: 546,741
Technical Sentiment Signal: Sell
Current Market Cap: 15.38B INR
Learn more about RAMASTEEL stock on TipRanks’ Stock Analysis page.