From here you can know whether RAMASTEEL stock should be bought or sold. RAMASTEEL shares future predictions for 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2035, 2040, 2045 and 2050.
nse: RAMASTEEL Share Price Target’s share has increased by +1.18 in the last 1 month, +4.52
RAMASTEEL Share Price Target 2024, 2025, 2026, 2027, 2028, 2030, 2035, 2040, 2050
| Years | 1st Targets (₹) | 2nd Targets (₹) |
| 2024 | ₹12.15 | ₹15.75 |
| 2025 | ₹20.90 | ₹24.55 |
| 2026 | ₹25.55 | ₹30.15 |
| 2027 | ₹37.20 | ₹38.56 |
| 2028 | ₹39.33 | ₹45.56 |
| 2030 | ₹50.56 | ₹53.33 |
| 2035 | ₹60.56 | ₹65.78 |
| 2040 | ₹70.89 | ₹80.90 |
| 2045 | ₹100.63 | ₹200.87 |
| 2050 | ₹450.90 | ₹500.70 |
RAMASTEEL Share Price Target 2024
Based on analysis by stock experts, The share price range is set at ₹12.15as the minimum, while after the year, the maximum target price for RAMASTEEL shares is expected to be ₹15.75
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2024 | ₹12.15 | ₹15.75 |
RAMASTEEL Share Price Target 2025
Based on analysis by stock experts, The share price range is set at ₹20.90 as the minimum, while after the year, the maximum target price for RAMASTEEL shares is expected to be ₹24.55.
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2025 | ₹20.90 | ₹24.55 |
RAMASTEEL Share Price Target 2026
Based on analysis by stock experts, The share price range is set at ₹25.55 as the minimum, while after the year, the maximum target price for RAMASTEEL shares is expected to be ₹30.15
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2026 | ₹25.55 | ₹30.15 |
RAMASTEEL Share Price Target 2027
Based on analysis by stock experts, The share price range is set at ₹37.20 as the minimum, while after the year, the maximum target price for RAMASTEEL shares is expected to be ₹38.56
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2027 | ₹37.20 | ₹38.56 |
RAMASTEEL Share Price Target 2028
Based on analysis by stock experts, The share price range is set at ₹39.33 as the minimum, while after the year, the maximum target price for RAMASTEEL shares is expected to be ₹45.56
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2030 | ₹39.33 | ₹45.56 |
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RAMASTEEL Share Price Target 2030
Based on analysis by stock experts, The share price range is set at ₹50.56 as the minimum, while after the year, the maximum target price for RAMASTEEL shares is expected to be ₹53.33.
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2030 | ₹50.56 | ₹53.33 |
RAMASTEEL Share Price Target 2035
Based on analysis by stock experts, The share price range is set ₹60.56 as the minimum, while after the year, the maximum target price for RAMASTEEL shares is expected to be ₹65.78
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2035 | ₹60.56 | ₹65.78 |
RAMASTEEL Share Price Target 2040
Based on analysis by stock experts, The minimum target price for RAMASTEEL is set at ₹70.89 while the mid-year maximum target price is projected to be ₹80.90
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2040 | ₹70.89 | ₹80.90 |
RAMASTEEL Share Price Target 2045
Based on analysis by stock experts, The share price range is set at ₹100.89 as the minimum, while after the year, the maximum target price for RAMASTEEL shares is expected to be ₹200.90
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2045 | ₹100.63 | ₹200 |
RAMASTEEL Share Price Target 2050
Based on analysis by stock experts, The share price range is set at ₹450.90 as the minimum, while after the year, the maximum target price for RAMASTEEL shares is expected to be ₹500.70
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2050 | ₹450.90 | ₹500.70 |
RAMASTEEL Share Price Target in the Next 1, 3, 5, 7, and 10 Years
| Period | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 1 Year | ₹12.55 | ₹13.15 |
| 2 Years | ₹14.33 | ₹15.55 |
| 3 Years | ₹16.33 | ₹16.63 |
| 4 Years | ₹17.3 | ₹18.2 |
| 5 Years | ₹19.32 | ₹20.36 |
| 6 Years | ₹21.56 | ₹22.89 |
| 7 Years | ₹23.89 | ₹24.15 |
| 8 Years | ₹25.23 | ₹26.56 |
| 9 Years | ₹27.25 | ₹28.56 |
| 10 Years | ₹29.36 | ₹30.78 |
About RAMASTEEL Ltd
Rama Steel Tubes Limited, headquartered in India, specializes in the production and distribution of steel pipes. The company’s primary focus lies in the manufacturing of steel pipes and associated products. Its production line includes electric resistance weld (ERW) steel tubes, both in black and galvanized variants, catering to both domestic and international markets.
RAMASTEEL Limited – Fundamental Analysis
| Market Cap | ₹ 2,203.53 Cr. |
| Enterprise Value | ₹ 2,328.31 Cr. |
| No. of Shares | 154.42 Cr. |
| P/E | 86.48 |
| P/B | 5.85 |
| Face Value | ₹ 1 |
| Div. Yield | 0 % |
| Book Value (TTM) | ₹ 2.44 |
| Cash | ₹ 3.66 Cr. |
| Debt | ₹ 128.44 Cr. |
| Promoter Holding | 57.23 % |
| EPS (TTM) | ₹ 0.17 |
| Sales Growth | 95.21 % |
| ROE | 11.61 % |
| ROCE | 12.18 % |
| Profit Growth | 56.44 % |
RAMASTEEL Ltd Share: Last 5 Years’ Financial Condition
To enhance our comprehension of the market performance, let’s examine the historical outlook of this share in previous years. Nevertheless, investors should exercise caution by considering the associated risks and prevailing market conditions before making investment decisions.
Last 5 Years’ Sales:
| PARTICULARS | March 2019 | March 2020 | March 2021 | March 2022 | March 2023 |
|---|---|---|---|---|---|
| Net Sales | 404.56 | 291.76 | 325.71 | 517.32 | 1,009.87 |
Last 5 Years’ Net Profit:
| Year | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Net Profit | 7.63 | 1.37 | 5.38 | 10.52 | 16.45 |
RAMASTEEL Limited Share peer’s company
- Prakash Inds.
- Goodluck India
- ISMT
- Man Industries
- Hi-Tech Pipes
Future of RAMASTEEL Ltd Share Price
Company fundamentals are not strong.
Risk of RAMASTEEL Ltd Share
The company’s operations experienced a negative cash flow of -47.63. Over the past five years, the company has maintained a low EBITDA margin of 3.28%. The company’s current PE ratio stands at a high of 86.48. Additionally, the company is trading at a high EV/EBITDA ratio of 44.33.
RAMASTEEL Ltd Share Price Summary
RAMASTEEL Ltd 52 Week Low and 52 Week High, RAMASTEEL Ltd’s all-time high of 16.83 rs.
- Open: 14.40
- High: 14.70
- Low: 14.10
- Market Cap: ₹2.21 trillion
- P/E Ratio: 67.34
- Dividend Yield: –
- 52-week High: 16.83
- 52-week Low: 8.85
Shareholding Pattern Of RAMASTEEL share
| Summary | 2024 |
|---|---|
| Promoter | 57.23% |
| FII | 0.33% |
| DII | 0.59% |
| Public | 41.86% |
Should You Invest In RAMASTEEL Shares?
Not a good investment company.
Conclusion
This article serves as a comprehensive guide to the RAMASTEEL Share Price target. The information and forecasts are derived from our analysis, research, company fundamentals, historical data, experiences, and various technical analyses. The article delves into the share’s prospects and growth potential in detail. Feel free to comment below if you have any further queries. We are more than happy to address all your questions. If you find this information helpful, consider sharing the article with as many people as possible.
Disclaimer:
Dear readers, please be advised that we are not authorized by SEBI (Securities and Exchange Board of India). The information provided on this site is solely for informational and educational purposes and should not be construed as financial advice or stock recommendations. Additionally, share price predictions are intended for reference purposes only and are valid only under positive market conditions.
This study does not consider any uncertainties regarding the company’s future or the current market conditions. While this information is for informational purposes, we disclaim any responsibility for potential financial losses incurred based on the information provided on this site. We aim to offer timely updates about the stock market and financial products to assist you in making informed investment decisions. It is crucial to conduct your research before making any investment decisions.