Rama Steel Tubes Ltd, a leading manufacturer of steel pipes and tubes, has grown rapidly in recent years due to rising demand in infrastructure, construction, housing, and engineering sectors. With consistent capacity expansion, export growth, and a strong presence in both domestic and international markets, the company is well-positioned for long-term performance.
In this article, we analyze Rama Steel Tubes Ltd’s share price target from 2026 to 2030, based on market data, business fundamentals, and sector outlook.
| Detail | Value |
|---|---|
| Open | ₹9.84 |
| Previous Close | ₹9.87 |
| Day’s High | ₹10.15 |
| Day’s Low | ₹9.60 |
| VWAP | ₹9.92 |
| Volume | 1,09,09,432 |
| Value (Lacs) | 1,095.31 |
| Market Cap | ₹1,642 Cr |
| Beta | 1.14 |
| 52-Week High | ₹14.90 |
| 52-Week Low | ₹8.50 |
| All-Time High | ₹17.55 |
| All-Time Low | ₹0.21 |
| UC Limit | ₹11.84 |
| LC Limit | ₹7.90 |
| Face Value | ₹1 |
| Book Value Per Share | ₹2.20 |
| 20D Avg Volume | 4,29,76,519 |
| 20D Avg Delivery (%) | 7.77% |
| Investor Type | Holding (%) |
|---|---|
| Retail & Others | 56.80% |
| Promoters | 37.76% |
| Foreign Institutions | 5.44% |
A strong retail holding indicates high investor interest, while stable promoter ownership supports business continuity.
Rama Steel Tubes Ltd is one of India’s established steel tube and pipe manufacturers. The company operates across multiple segments:
Steel Pipes & Tubes
G.I. Pipes
Hollow Sections
Pre-Galvanized Steel Products
Structural Steel Solutions
With facilities in India and the Middle East, the company caters to infrastructure, water supply, construction, solar projects, and engineering industries.
Expanding production capacity across plants
Strong domestic and international distribution network
Rising demand in construction and infrastructure
Lower-cost manufacturing with competitive pricing
Product diversification improving revenue visibility
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 12 | 14 |
| 2027 | 14 | 17 |
| 2028 | 17 | 21 |
| 2029 | 21 | 26 |
| 2030 | 26 | 32 |
These targets reflect demand growth in steel tubes, expansion of product lines, and improvements in operational efficiency.
By 2026, the steel tubes industry is expected to grow in line with India’s infrastructure boom.
Increased demand from housing & construction
Higher government spending on infrastructure
Improved product penetration in export markets
Investment View: Suitable for medium-term investors targeting stable growth.
2027 may show strengthened financial performance as recent capacity expansions begin contributing fully.
Better export volumes
Stronger brand presence in new markets
Rising applications in solar & engineering sectors
By 2028, the company’s diversification into high-margin structural and engineering products could improve profitability.
More orders from government infrastructure schemes
Increased adoption in water pipeline projects
Higher operational efficiency
Growing market leadership and export contracts could bring strong revenue visibility.
Global demand for lightweight tubes
New partnerships and distribution channels
Positive commodity price cycle
By 2030, Rama Steel Tubes could establish itself as a major player in the Asian steel piping market.
Expansion into emerging markets
Strong long-term demand from infrastructure, construction & renewable sectors
Stable margins driven by scale and technology
Investment View: Promising long-term opportunity for investors expecting growth in infrastructure and steel consumption.
Expanding capacity and strong demand outlook
Rising consumption in India’s construction and infrastructure sectors
Strong retail investor support
Established brand across domestic and export markets
High dependency on steel prices (commodity volatility)
Low delivery percentage indicating trader-driven price movement
Competition from larger steel tube manufacturers
Rama Steel Tubes Ltd has evolved into an important player in the steel tubes and pipes industry. With increasing demand, capacity expansion, and rising infrastructure investment across India, the company is positioned for long-term growth.
Based on current trends, Rama Steel Tubes Ltd could achieve a share price range of ₹26 – ₹32 by 2030, making it a potential multiyear growth opportunity.
It opened at ₹9.84 and touched a high of ₹10.15.
The expected range is ₹12 – ₹14.
Yes, especially for investors bullish on infrastructure and construction demand.
The projected range is ₹26 – ₹32.
Steel price trends, infrastructure demand, export orders, and financial performance.
Disclaimer: This article is for educational purposes only. Please consult a financial advisor before investing.
