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ISMT commences production at 40 MW captive power plant

29 May 2012 Evaluate

ISMT has commenced commercial production at its 40 MW captive power plant. The company has commenced the same with effect from May 28, 2012.

Recently, the company’s board at its meeting held on May 28, 2012, has recommended a dividend of Rs 0.75 per equity share for the financial year ended March 31, 2012 subject to the approval of the members at the ensuing annual general meeting.

The company is engaged in manufacturing of specialized seamless tubes, alloy steel and proves engineering services. The company also manufactures products such as bearing rings, gear blanks, shifter sleeves, cages for constant velocity joints, swaged and machined axles, threaded and coupled casings, couplings and a host of similar products.

ISMT Share Price

119.80 0.00 (0.00%)
05-Aug-2024 15:14 View Price Chart
Peers
Company Name CMP
Tata Steel 187.30
JSW Steel 1276.70
Steel Authority 171.05
Jindal Stainless 726.20
APL Apollo Tubes 1865.30
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