COMPANY NEWS


Rama Steel Tubes Ltd
BSE Code 539309 ISIN Demat INE230R01035 Book Value (₹) 2.03 NSE Symbol RAMASTEEL Div & Yield % 0 Market Cap ( Cr.) 1,687.60 P/E * 120.33 EPS * 0.09 Face Value (₹) 1
* Profit to Earning Ratio
* Earning Per Share
Rama Steel Tubes enters into strategic collaboration with Onix Renewables Back
(04 Sep 2024)

Rama Steel Tubes (RSTL) announced a strategic collaboration with Onix Renewable. This partnership will focus on leveraging the expertise of RAMA Steel Tubes to provide steel structures along with single-axis trackers, and will also focus on dual-axis trackers to be expanded in the future essential for solar projects undertaken by Onix Renewable.

RSTL has expanded its expertise and developed specialised steel structures and tracker tubes which will serve as the backbone for greenfield solar projects.

The company said, "We are proud to announce our entry into the Green Energy segment and are determined to deliver products that ensure the highest standards of reliability, durability, and performance, which are critical to the long-term success of solar greenfield projects."