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Ratnamani Metals and Tubes Ltd

Stage 2 · Advancing · week 3Setup 4.6 WatchWeak -2.8

Ratnamani Metals & Tubes Limited manufactures and sells stainless steel pipes and tubes, and carbon steel pipes in India and internationally. More about the company

₹2,524.3
-2.96% today
₹17,693 Cr · Mid cap
Market Neutral — FadingIndustrials 26.3% in Stage 2-4.2 pts / 20dBuilding Products - Pipes 39.1%-4.3 pts
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vs 52W High
-17.1%
₹1,946.4 lo₹3,046.2 hi
17.1% below 52W high — deeper pullback
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 3
1w13w26w
Week 3 — fresh breakout, verify structure
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
2.8%
200 DMA: ₹2,455.7 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.53x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↗
MA20 gently rising · +0.8% vs MA50 +3.1%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-7.4%
3M
-2.6%
6M
+13.9%
YTD
+8.8%
1Y
+4.7%
Sector
Industrials
↓ Peaking
Stage 2%
26.3%
20d Δ
-4.2pp
1M return
-2.2%
3M return
+0.9%
Sector Stage-2 % · last 20 days
This stock ranks #101 of 130 Stage 2 stocks in Industrials by RS. Lagging sector peers.
Industry
Building Products - Pipes
↓ Peaking
Stage 2%
39.1%
20d Δ
-4.3pp
1M return
-2.9%
3M return
+12.2%
Industry Stage-2 % · last 20 days
Ranks #8 of 9 Stage 2 stocks in this industry.
Stage Cycle Timeline2023-07-12 → 2026-10-07
S2 31w
S2 25w
S4 18w
S4 14w
2023-07-122026-10-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 31w → S3 10w → S4 4w → S1 1w → S2 25w → S3 7w → S4 18w → S1 12w → S4 14w → S1 4w → S4 13w → S1 6w → S2 11w → S3 8w → S2 3w current
Total tracked: 168 weeks across 15 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-09-16
3 appearances in last 60 days. First seen: 2024-05-31.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-07S2
Wk 3 · Vol 0.53x
2026-10-06S2
Wk 3 · Vol 0.21x
2026-10-05S2
Wk 3 · Vol 0.38x
2026-10-01S2
Wk 3 · Vol 0.48x
2026-09-30S2
Wk 3 · Vol 0.44x
2026-09-29S2
Wk 2 · Vol 0.76x
2026-09-28S2
Wk 2 · Vol 0.22x
2026-09-25S2
Wk 2 · Vol 0.27x
2026-09-24S2
Wk 2 · Vol 0.27x
2026-09-23S2
Wk 2 · Vol 0.30x
2026-09-22S2
Wk 1 · Vol 0.29x
2026-09-21S2
Wk 1 · Vol 0.37x
Sector Peers — Stage 2All →
SPECTRUM
wk 18 · -0.3% from hi
10.0
ROSSTECH
wk 30 · 0.0% from hi
9.6
SHIVAUM
wk 27 · -1.4% from hi
9.4
AXISCADES
wk 2 · -2.7% from hi
9.2
SAMBHV
wk 9 · -4.0% from hi
9.0
Moving averages & range
50 DMA
₹2,567.2
200 DMA
₹2,455.7
52W High
₹3,046.2
52W Low
₹1,946.4
5D Low
₹2,524.3
Resistance levels (recent highs)
20d High
₹2,859.2
60d High
₹2,859.2
120d High
₹3,046.2
250d High
₹3,046.2
Next resistance
+13.3%
to 20d High
P/E (TTM)
37.6
Forward 26.6
Earnings Growth (YoY)
-48.5%
Revenue -36.8%
ROE
+13.6%
Profit margin +10.7%
Dividend Yield
0.39%
P/B 4.4
About this companyIndustrials· Building Products - Pipes

Ratnamani Metals & Tubes Limited manufactures and sells stainless steel pipes and tubes, and carbon steel pipes in India and internationally. The company's stainless-steel products include seamless heat exchanger tubes, boiler tubes, instrumentation tubes, seamless pipes, heater pipes, seamless integral low-finned tubes, hollow bars, and coil tubes; and welded tubes and pipes, such as titanium welded tubes, seam-welded integral low, finned tubes, coil tubes, square and rectangular pipes, stainless steel 3lpe / pp /, and aro coated pipes. It also provides nickel alloy seamless heat exchanger and instrumentation tubes, and nickel alloy seamless pipes; titanium welded tubes; induction bending; and carbon steel products, such as high frequency electric resistance and submerged arc welded pipes. In addition, the company offers pipe coating solutions comprising external three-layer polyethylene/polypropylene coating and single/dual-layer fusion bonded epoxy coating; and internal coating solutions, such as internal liquid epoxy and cement mortar lining coatings. Further, it is involved in the generation of power from windmills. The company offers its products for various industries and applications, such as oil and gas exploration, LNG, food and dairy, fertilizer plants, thermal, solar and nuclear plants, defence, automobile, chemical, power plants, CNG, sugar, pulp and paper, petrochemicals and refineries, atomic energy, aerospace, desalination plants, pharmaceutical, marine, cross-country pipeline for gas and water, pipes for engineering purpose, booster compressors and dispensers, water distribution pipelines, plumbing and heating, city gas distribution, structural pipe systems, sewerage, dredging pipes, mining pipes, air duct pipes, high mast pipes for windmill towers, and general purpose applications. The company was incorporated in 1983 and is headquartered in Ahmedabad, India.

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All analytics based on EOD data. Data as of 2026-10-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.