Rama Steel Tubes receives additional orders of Rs. 147 mn from H.P. State Civil Supplies Corporation Ltd

Rama Steel Tubes Ltd (RSTL) one of the leading manufacturers of Steel Pipes and Tubes, has received orders from Jal Shakti Vibhag (Himachal Pradesh) of ~Rs. 147 MN in addition to previous orders worth ~Rs 334 MN aggregating to the tune of Rs. 481 MN.

RSTL prides in having a strong track record of being associated with prestigious projects in the past. The above orders will further strengthen RSTL's order book and credibility in the market.

Commenting on the announcement, Mr. Richi Bansal, Executive Director, Rama Steel Tubes Limited, said "We are proud to announce that the Company has received additional orders under Jal Jeevan Mission Project in India.

Our sustained relation and credibility has yet again fructified in bagging us new prestigious orders. RSTL has been associated many State Corporations, even in the past and we celebrate our longstanding relationship with them. These orders will help us in strengthening our position and credibility in the market. These orders will also help us in achieving our targeted revenues at a slightly faster rate than what we had anticipated."

Source : Equity Bulls

Keywords

RamaSteelTubes OrderWin JalShaktiVibhag HimachalPradesh JalJeevanMission