Rathi Steel and Power Ltd receives BIS approval for SS 550 and SS 500 Reinforcement Bars

Bureau of Indian standards (National Standards Body, Govt of India) has approved the inclusion under the existing license number 8700188222 granted to Rathi Steel and Power Limited ("Company"), for use of BIS standards mark on SS 550 and SS 500 Reinforcement Bars Under title of "High Strength Deformed Stainless Steel Bars and Wires for Concrete Reinforcement" in relation to 8 mm diameter, in addition to other approved products.

Now, the Company has approval in place for manufacturing entire range / spectrum of SS 550 and SS 500 Reinforcement Stainless Steel Bars ranging from 8 mm diameter to 32 mm diameter.

Shares of Rathi Steel and Power Limited was last trading in BSE at Rs. 30.26 as compared to the previous close of Rs. 32.03. The total number of shares traded during the day was 259612 in over 763 trades.

The stock hit an intraday high of Rs. 32.50 and intraday low of 29.90. The net turnover during the day was Rs. 7908957.00.

Source : Equity Bulls

Keywords

INE336C01016 RathiSteelandPower IronandSteel BISApproval SS550 SS500 ReinforcementBars