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MoneyWorks4Me

Maharashtra Seamless bags prestigious ONGC order worth Rs 421 crore

09 Feb 2017 Evaluate

Maharashtra Seamless has successfully bagged prestigious ONGC order worth Rs 421 crore ($ 61 million) for supply of seamless casings to ONGC against stiff competition from domestic as well as foreign manufactures from China, Russia, Ukraine, Romania, Argentina and others.

Maharashtra Seamless provides a whole range of high-class, customizable and innovative seamless pipes and tubes using state-of-art technology. The company also manufactures ERW Pipes and Coated Pipes. The company also engaged in the business of Wind Power, Steel Pipes & Tubes.   

Peers
Company Name CMP
JSW Steel 1245.00
Tata Steel 167.70
Steel Authority 159.70
Jindal Stainless 674.25
APL Apollo Tubes 2161.00
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