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ManufacturingMedium impactAfter close

Rama Steel Tubes credit rating under watch after ₹728 crore acquisition

after close1 source ↓written by the desknot a recommendation

bank loan facilities
₹110 crores
approval
₹728 crore acquisition

Rama Steel Tubes has received a rating update from ICRA, placing its ₹110 crores bank loan facilities on rating watch with developing implications. This follows the approval of a ₹728 crore acquisition, impacting both long-term and short-term credit ratings.

Key Points:

• Long-term facility remains at ICRA BB+

• Short-term facility remains at ICRA A4

The rating watch indicates potential changes based on future developments related to the acquisition.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 21 Dec 2025, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RAMASTEEL closed −0.4% on the day of the news, from ₹9.61 to ₹9.57; Nifty +0.8% over the same session.

Bulletin at 16:03 IST on 21 Dec 2025. Every change is measured from ₹9.61, the last close before it, on 19 Dec. Nifty 50 is measured over the same sessions.

  • RAMASTEEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
RAMASTEEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it8.229.6111.00axis spans 34%before the news · 19 Dec9.61Nifty 50RAMASTEELbulletinD0+1+3+515 Dec26 Dec6 JanReference close ₹9.61. 16 sessions from 15 Dec to 6 Jan; the price axis spans 34 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before19 Dec₹9.61basebase
On the day22 Dec₹9.57▼ −0.4%▲ +0.8%−1.2 pp difference
+1 session23 Dec₹9.54▼ −0.7%▲ +0.8%−1.5 pp difference
+3 sessions26 Dec₹9.44▼ −1.8%▲ +0.3%−2.1 pp difference
+5 sessions30 Dec₹9.29▼ −3.3%▼ −0.1%−3.2 pp difference
Gap at the open, % · ₹
▲ +0.5%+0.05 on 22 Dec
Day's range, % · ₹
1.9%≈ 0.18 high to low
Volume on the day
0.89×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · RAMASTEEL on the desk →

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