RB News World Latest News
Related Articles
Share Market: Shares of smallcap company Rama Steel Tubes have given tremendous returns. Shares of Rama Steel Tubes have increased from 28 paise to over 12 rupees in the last 4 years. The company’s shares have jumped by more than 4400 percent during this period.
Rama Steel Tubes has given bonus shares to its investors 3 times in the last few years. The company has given a total of 10 bonus shares to investors in 3 times. The 52-week high level of Rama Steel Tubes shares is Rs 16.82. At the same time, the 52-week low level of the company’s shares is Rs 9.84.
Made Rs 45 lakh from Rs 1 lakh in 4 years
Rama Steel Tubes shares were at 28 paise on 3 April 2020. The company’s shares closed at Rs 12.83 on 10 April 2024. Rama Steel Tubes shares have given a return of 4485 percent to investors in the last 4 years. If a person had invested Rs 1 lakh in Rama Steel Tubes shares on 3 April 2020 and maintained his investment, then the value of these shares would have been Rs 45.82 lakh at present. We have not included the bonus shares and stock splits given by the company in our calculations.
The company has given 10 bonus shares
Rama Steel Tubes has given bonus shares 3 times in the last few years. The company gave bonus shares in March 2016 in the ratio of 4:1. That is, the company has given 4 bonus shares on every share. Rama Steel Tubes has also given bonus shares in January 2023 in the ratio of 4:1. That is, the company has given 4 bonus shares on every share. The company gave bonus shares in March 2014 in the ratio of 2:1. That is, the company has given 2 bonus shares on every share. Rama Steel Tubes has also done stock split twice. In March 2016, the company divided shares with a face value of Rs 10 into shares with a face value of Rs 5. After this, in August 2022, the company has divided shares with a face value of Rs 5 into shares with a face value of Rs 1.
