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Scan Steels to invest fund in Karma Re-Rollers

25 Feb 2022 Evaluate

Scan Steels is planning to invest fund in Karma Re-Rollers. The company has also planning for expansion and modernization of plant of the company at around Rs 250 crore. The meeting of the Board of Directors of the Company will be held on March 01, 2022 to consider the same.

Scan Steels is primarily engaged in manufacturing of Iron & Steel products like MS Billets & TMT rods through secondary steel manufacturing route.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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