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Maharashtra Seamless zooms on resuming full operations at manufacturing facilities

15 Jun 2020 Evaluate

Maharashtra Seamless is currently trading at Rs. 223.00, up by 10.00 points or 4.69% from its previous closing of Rs. 213.00 on the BSE.

The scrip opened at Rs. 212.05 and has touched a high and low of Rs. 216.80 and Rs. 209.90 respectively. So far 775 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 474.00 on 24-Jun-2019 and a 52 week low of Rs. 185.00 on 22-Apr-2020.

Last one week high and low of the scrip stood at Rs. 233.50 and Rs. 205.30 respectively. The current market cap of the company is Rs. 1417.71 crore.

The promoters holding in the company stood at 62.93%, while Institutions and Non-Institutions held 10.16% and 26.91% respectively.

Maharashtra Seamless has resumed full operations at its manufacturing facilities at Pipe Nagar in the State of Maharashtra. The company has taken all due precautions to safeguard its employees, their family members and proper sanitation of its facilities, work places etc.

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.

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