Readymade Steel India is currently trading at Rs. 292.50, up by 4.60 points or 1.60% from its previous closing of Rs. 287.90 on the BSE.
The scrip opened at Rs. 295.00 and has touched a high and low of Rs. 299.00 and Rs. 292.10 respectively. So far 3301 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 299.00 on 21-May-2014 and a 52 week low of Rs. 65.00 on 05-Jun-2013.
Last one week high and low of the scrip stood at Rs. 299.00 and Rs. 262.00 respectively. The current market cap of the company is Rs. 363.39 crore.
The promoters holding in the company stood at 61.30% while Institutions and Non-Institutions held 2.78% and 35.92% respectively.
Readymade Steel India’s (RMS) subsidiary - KH Foges, Singapore has bagged piling contracts worth S$31 million amounting Rs 150 crore which includes a large contract for Mass Rapid Transport Station in Singapore. All the above orders are scheduled to be executed within six to eight months. The current order book stands at S$70 million.
Readymade Steel India is one of the pioneers in introducing the concept of ready to use steel for the construction industry in the country. RMS's product offerings include ready to use steel, primarily re-bars to be used in construction activities in various sectors like roads, power plants, ports, airports, housing, bridges, metros, monorails etc.
| Company Name | CMP |
|---|---|
| Tata Steel | 210.00 |
| JSW Steel | 1255.20 |
| SAIL | 178.55 |
| Jindal Stainless | 766.85 |
| APL Apollo Tubes | 2004.30 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: