Ratnamani Metals & Tubes announced that the company has received a domestic order for supply of Welded Carbon Steel Pipes valued at Rs 1.25 billion which will be completed by March/April, 2019.

The stock had underperformed the market over the past one month till Jun. 22, 2018, rising 2.28% compared with the Sensex's 3.00% rise. It outperformed the market in past one quarter, gaining 11.87% as against 8.13% rise in the Sensex.

Total volume of shares traded on the bourses today was lower by 44.06% to 3,496 compared with 22-day average volume of 6,250.

Shares of the company declined Rs 55.05, or 5.54%, to settle at Rs 938.55. The total volume of shares traded was 336 at the BSE (Monday).