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Rama Steel Tubes' arm incorporates subsidiary company

21 Sep 2019 Evaluate

Rama Steel Tubes’ wholly owned subsidiary -- RST International has incorporated 'RST Industries', as subsidiary company in the Federal Republic of Nigeria to tap business opportunities and to cater diversified demand of the customers in that region.

RST International Trading FZE holds 90% shares in RST Industries. Consequently, RST Industries has become a step down subsidiary of the Company.

Rama Steel Tubes is one of the accredited organization dealing in manufacturing, supplying and exporting of steel pipes, steel tubes and fittings and Rigid PVC & G.I. Pipes in India.

Peers
Company Name CMP
JSW Steel 1345.75
Tata Steel 184.85
Steel Authority 169.10
Jindal Stainless 688.60
APL Apollo Tubes 2172.95
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