MoneyWorks4Me

Maharashtra Seamless bags order worth Rs 500 crore from ONGC

09 Dec 2019 Evaluate

Maharashtra Seamless (MSL) has successfully bagged Rs 500 crore (about $70 million). The company has bagged order for supply of seamless casings to Oil and Natural Gas Corporation (ONGC) against stiff competition.

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 1268.00
Tata Steel 184.75
Steel Authority 180.00
Jindal Stainless 750.90
APL Apollo Tubes 2270.65
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