Ratnamani Metals & Tubes Limited
Mirae Asset Mutual Fund decreased its stake in Ratnamani Metals & Tubes Limited from 1.09% to 1.07%, selling 18,013 shares.
A manufacturer of stainless steel and carbon steel pipes and tubes, Ratnamani Metals operates integrated production facilities across India. The company specializes in seamless and welded pipe solutions for diverse industrial applications including oil and gas, power, petrochemicals, and chemical sectors. Its vertically integrated operations and dedicated manufacturing infrastructure enable consistent quality control and efficient production of specialized piping products for domestic and international markets.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.