India's Rama Steel Tubes hits upper circuit on upbeat Q2 sales

Rama Steel Tubes

04/10/2022 10:27

** Shares of steel pipes maker Rama Steel Tubes  RAMA.NS 
rise as much as 5% to hit upper circuit
    ** Co on Tuesday said Q2 sales volume rose 78%  urn:newsml:reuters.com:*:nFWN31509N
    ** Says H2 sales volume to get boost from commissioning,
ramp-up of new capacity expansion at Maharashtra plant
    ** RAMA marks biggest intraday pct gain since Sept. 30
    ** Nearly 811,000 shares change hands by 0919 GMT vs 30-day
avg of 775,597 shares
    ** Stock up 21.1% so far this year, up to last close
 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))