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National General Industries gets nod to sell, dispose of steel casting unit in Rajasthan

24 Nov 2020 Evaluate

National General Industries has received approval from shareholders to sell and dispose of the steel casting unit of the Company located at RIICO Industrial Area, Kaharani (Bhiwadi Extension), District Alwar, Rajasthan.

National General Industries is engaged in manufacturing of steel rounds, squares and flat products, which are broadly categorized as long products in the steel industry.

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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