Ratnamani Metals & Tubes has received new orders worth Rs 2 billion (approx.) for supply of Coated CS Pipes for Oil & Gas Sector to be completed by October, 2019.

The stock had outperformed the market over the past one month till Jan. 17, 2019, rising 3.36% compared with the Sensex's 0.29% rise. It outperformed the market in past one quarter, gaining 7.87% as against 4.58% rise in the Sensex.

Shares of the company gained Rs 9.8, or 1.07%, to trade at Rs 929.90. The total volume of shares traded was 175 at the BSE (2.56 p.m., Friday)..