Gujarat-based Ratnamani Metals and Tubes on Friday said the company has bagged a new export order of $22.14 million (approximately Rs 141 crore).

According to the company, the order, which is to be completed by May 2018, is for supply of carbon steel welded pipes for oil and gas sector.

Three days ago, the company had bagged another two orders aggregating to Rs 339 crore for supply of HSAW pipes.

Incorporated in 1983, Ratnamani Metals and Tubes is a holding company engaged in the manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. The company’s segments include steel tubes, pipes and windmill.

Shares of the company closed trading in red at Rs 821.85, down 1.11% from the previous closing of Rs 831.05 on BSE today.

here is company details.

 

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