MoneyWorks4Me

Mahamaya Steel bags new order worth Rs 70.60 crore in Q1FY17

07 Jul 2016 Evaluate

Mahamaya Steel Industries has bagged new orders worth Rs 70.60 crore in the first quarter ended June 30, 2016. The new orders bagged by the company are at a higher price compared to previous year.

The company manufactures steel structures like angles, beams, joist, channels, rounds, flats, railway sleepers etc. Its clients include BHEL, BHPV, MAHAGENCO, CSPDCL, TNEB, GETCO, MSPDCL, MPPDCL, ONGC, etc. It is one of the few in the country which manufactures 600 MM joist and 250 MM angles.

Peers
Company Name CMP
JSW Steel 1268.00
Tata Steel 184.75
Steel Authority 180.00
Jindal Stainless 750.90
APL Apollo Tubes 2270.65
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