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NSE:RAMASTEEL News 15 December 2025

Rama Steel Tubes to Acquire UAE’s Automech Group for ₹728 Crore: Deal Terms, Share Swap, and Stock Price Today (Dec 15, 2025)

Rama Steel Tubes to Acquire UAE’s Automech Group for ₹728 Crore: Deal Terms, Share Swap, and Stock Price Today (Dec 15, 2025)

Rama Steel Tubes Ltd (NSE: RAMASTEEL; BSE: 539309), a small-cap Indian steel tubes and pipes maker that has been on traders’ radars for its long-term multibagger run, is attempting a major strategic leap beyond commodity manufacturing. The company has announced a joint acquisition—along with its wholly owned UAE arm—of Automech Group Holding Limited, a UAE-based engineering and industrial services group, for a total consideration of AED 296 million (about ₹728 crore). Business Standard+1 The proposed transaction is positioned as a pivot into higher-margin fabrication and precision engineering, with management outlining an ambitious post-deal growth roadmap that could reshape how investors
15 December 2025
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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