Rathi Steel and Power Limited receives order from Bansal Wire Industries Ltd

Rathi Steel and Power Limited has received an order to supply stainless steel products to Bansal Wire Industries Limited, who are leaders in downstream applications of our products, of an approximate order value of Rs 7.8 Cr (including GST and considering value of base grade product category).

The Company has received the said Order in normal course of business and the said transaction is not falling under related party transaction and is done on arm's length basis.

Shares of Rathi Steel and Power Limited was last trading in BSE at Rs. 66.25 as compared to the previous close of Rs. 63.10. The total number of shares traded during the day was 375687 in over 1759 trades.

The stock hit an intraday high of Rs. 66.25 and intraday low of 65.25. The net turnover during the day was Rs. 24880073.00.

Source : Equity Bulls

Keywords

INE336C01016 RathiSteelandPower IronandSteel OrderWin BansalWireIndustries