Rama Steel Tubes bags two new orders worth Rs 288 crore

Rama Steel Tubes Ltd. | Steel & Iron Products | Metals & Mining | BSE: 539309 | NSE: RAMASTEEL

02 Nov 2017 Evaluate

Rama Steel Tubes has bagged two new orders of supply and erection of transmission lines for rural electrification, in its joint venture company - Pir Panchal Construction (PPCPL). Orders awarded by Uttarakhand Power Corporation and Himachal Pradesh State Electricity Board, amounting to Rs 288 crore. The said orders are to be executed within 24 months.

Rama Steel Tubes is a pioneer in the steel tubes industry and well established strong brand known for its high quality amongst customers. The company has two state of art manufacturing facilities.

Peers

Company Name	CMP
JSW Steel	1280.00
Tata Steel	187.70
Steel Authority	184.80
Jindal Stainless	747.90
APL Apollo Tubes	2206.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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