Rama Steel Tubes: Further investment in M/s. RST International Trading FZE, UAE, a wholly owned subsidiary of the Company, by…
Rama Steel Tubes (RAMASTEEL) filed a disclosure titled "Further investment in M/s. The company is valued at about ₹682 crore.
What happened
Rama Steel Tubes (RAMASTEEL) filed a disclosure with the exchanges on 14 November 2026 at 05:57 PM titled "Further investment in M/s. RST International Trading FZE, UAE, a wholly owned subsidiary of the Company, by way of acquisition of shares".
Company snapshot
Rama Steel Tubes is a micro-cap company, with a market value of about ₹682 crore.
The stock last traded at ₹4.17, against a 52-week range of ₹3.43–₹11.29 (63.1% below the high).
Before this filing the shares had moved +4.3% over the month and −7.1% over three months. Average daily turnover over the last 20 sessions was about ₹0.46 crore.
Promoters held 34.18% at the end of Q1 FY27, down 1.71% points from the previous quarter. Foreign institutions owned 2.70% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 268 | 5.3 | 0.03 |
| Q2 FY26 | 320 | 1.4 | 0.04 |
| Q3 FY26 | 289 | 2.2 | 0.01 |
| Q4 FY26 | 246 | 4.3 | 0.03 |
| Q1 FY27 | 223 | 5.1 | 0.03 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.
Market-wide, 2,461 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 50% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 14 November 2026: Board meeting — Financial Results/Other business matters.
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.