MoneyWorks4Me

Readymade Steel India’s arm bags order worth Rs 150 crore

21 May 2014 Evaluate

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.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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