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dev777
Dec 20, 2019 7:29 AM
Ratnamani Metals - Steel set to become hot above 1015
NSE:RATNAMANI
1W
RATNAMANI MET &TBS
NSE
Description
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Dec 20, 2019 7:29 AM
Ratnamani metals seems interesting at a breakout level.
The valuation has been corrected back to 20 P/E that is at 2014 levels.
Market cap/sales is at 1.7, a good near term historic levels
Fundamentally net cash company with excellent return ratios
Promoters structure better than APL group
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