Shares of Rama Steel Tubes surged by 32 per cent over two trading sessions, driven by recent strategic moves. On Friday, the stock hit the 20 per cent upper circuit limit at INR 14, following a 10 per cent increase the previous day. This impressive rally is attributed to the company's new partnership with Onix Renewable Ltd for solar projects and the formation of a new subsidiary, Rama Defence Private Limited, focused on defence equipment. The stock's strong performance also reflects its consistent growth over the years, with notable returns of 330 per cent over three years and 1,715 per cent over five years. High trading volumes and a market cap increase to INR 2,059 crore further highlight investor confidence in the company. Ambuja Cement Share Price: Shares of Ambuja Cements Jump Nearly 4% As Company Announces Acquisition of Penna Cement Industries Ltd.

Rama Steel Tubes Shares Surge 32%

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