This Penny Stock have multiplied the investments of the investors - Meenashvihindi
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04 Mar This Penny Stock have multiplied the investments of the investors

Posted at 19:32h in Business or Finance by

If you have invested 10000 in 2015, you could get big money in 2025

Incorporated in 1974, Rama Steel Tubes Limited is a pioneer in steel tube industry under dynamic leadership and guidance of Founder Sh. Harbans Lal Bansal. The company has achieved prestigious presence in the steel tube industry. Initially in 1981, the capacity of plant was 10,000 tonnes per annum and now it has reached to an installed capacity of 2,64,000 metric tonnes per annum.

Rama Steel Tubes is at the forefront of technology and research. The vision of the company is to build lasting relationships with the vendors, partners, suppliers, associates, employees, customers, and stockholders.

Rama Steel Tubes is not only gaining recognition in India only, the company is rapidly expanding its presence in overseas market too. With its 20% exports rate, the company has a global presence in the countries like the UK, UAE, Sri Lanka, Ethiopia, Kenya, Uganda, Ghana, Kuwait, Republic of Congo, Yemen, Guyana, Germany, USA, South Africa, Zambia, and Malta.

Rama Steel Tubes stock has been performing well since 2015.  The market capitalization of Rama Steel Tubes was Rs. 1543 cr. as on 4.3.2025  ROCE 12.4% ROE 9.96%. Promoter holding is 47.97% (as on 4.3.2025).

You could multiply your investment  if you have purchased 1000 stocks in 2015

The stock price was Rs.1.15 in 2015

You have bought 1000 stocks in 1115 Rs. (broker fee is not included yet. Then you had to pay more than 1115/-)

Bonuses

4:1   –  1000+4000= 5000

4:1 –  5000+20000= 25000

2:1 –  25000+50000= 75000

Splits

5-1    75000*5 = 375000

10-5   375000*2 = 750000

You have 750000 in year 2025; means in 10 years

If we make amount as per current price: 750000*10 =

75, 00,000

If we make amount as per 52 week high price: 7,50,000 *17.55 = 1,31,62,500

Rama Steel Tubes has proven its strength in the steel tubes industry. We can say it is a multibagger penny stock. 

 

Disclaimer: You may consider buying these stocks; but please advising your financial advisor before thinking to buy. The article is based on our personal views and information from trusted sources. We are not registered with SEBI.

 

 

 

 

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