Archive · 24 Aug 2026
Ratnamani Metals Stock Jumps 15% on Rs 2,700 Crore Orders
Ratnamani Metals’ stock rose 15% after the company announced new orders worth Rs 2,700 crore.
The company said it will make some of the products in its own plant.
It will have other parts made by outside contractors.
Some products will also be sold through a Mercantile Trade Transaction basis.
However, the company’s profit was lower than it was a year earlier.
Its profit fell to Rs 82.16 crore in the first quarter of FY27.
Its revenue also fell to Rs 971.63 crore.
The stock was trading above several commonly watched moving averages, but its RSI was close to the level considered overbought.
Ratnamani Metals shares rose 15% after the company announced orders worth Rs 2,700 crore.
The orders will be partly manufactured at the company’s plant and partly subcontracted.
Some orders will be sold on a Mercantile Trade Transaction basis, according to the company.
Consolidated net profit fell 37.67% year-on-year to Rs 82.16 crore in Q1 FY27.
Revenue from operations declined 15.62% year-on-year to Rs 971.63 crore in the June quarter.
- Who
- Ratnamani Metals.
- What
- The company announced orders worth Rs 2,700 crore, while reporting declines in Q1 FY27 profit and revenue.
- When
- The results relate to the June quarter, or Q1 FY27; the article does not specify the order-announcement date.
- Where
- The company’s plant is involved in partly manufacturing the orders; the article does not identify its location.
- Why
- The stock rose after investors responded to the Rs 2,700 crore order announcement.
- Order value
- Rs 2,700 crore
- Q1 FY27 net profit
- Rs 82.16 crore, down 37.67% year-on-year
- Q1 FY27 revenue
- Rs 971.63 crore, down 15.62% year-on-year
- 14-day RSI
- 69.50
- Consolidated P/E
- 36.82
- Consolidated P/B
- 5.69
- One-year beta
- 0.68