Ratnamani Metals & Tubes announced that the company has received two new orders for supply of CS Pipes from Oil & Gas Sector as under:

> approx. Rs 500.0 million to be completed by April, 2019.

> approx. Rs 1.05 billion to be completed by May, 2019.

The stock had underperformed the market over the past one month till Aug. 17, 2018, falling 3.91% compared with the Sensex's 3.91% rise. It underperformed the market in past one quarter, declining 14.19% as against 7.23% rise in the Sensex.

Shares of the company gained Rs 10.45, or 1.21%, to trade at Rs 870.85. The total volume of shares traded was 103 at the BSE (9.52 a.m., Monday).