SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Manaksia Steels’ arm to acquire 99.99% stake in Federated Steel Mills

24 Aug 2017 Evaluate

Manaksia Steels’ wholly owned subsidiary - Technomet International FZE, has entered into a share purchase agreement for acquiring 99.9999% of the issued and paid-up capital of Federated Steel Mills, Nigeria. The proposed acquisition of the shares as contemplated under the agreement, will be completed subject to satisfaction of certain conditions.

Manaksia Steels is a manufacturer of value added secondary steel products. The company offers hot/cold rolled products of steel. It operates through Metals segment.


Manaksia Steels Share Price

70.87 3.37 (4.99%)
19-Jun-2026 15:40 View Price Chart
Peers
Company Name CMP
Tata Steel 198.90
JSW Steel 1288.80
SAIL 180.05
Jindal Stainless 698.20
APL Apollo Tubes 1869.30
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: