Ratnaveer Precision soars 19% on strong demand; zooms 47% in 5 days

Quick Summary:

During the year, revenue growth to trend upwards on the back of an improving trajectory in domestic volume growth and higher realisations due to the favourable pricing cycle in key portfolios.

The company has also received substantial orders to the extent of Rs 180 crore which are being executed in the next 3-4 months, RPEL said.

The company is actively strengthening its presence in key international markets, contributing significantly to revenue growth.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Capital expenditure Warrants Pipes and tubes Washers Preferential allotment Ratnaveer Precision Engineering shares RPEL Solar roofing hooks Stainless steel SS product manufacturer

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 13:57:08 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 564 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23761187

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