MoneyWorks4Me

Rathi Steel & Power gets approval for CDR proposal

25 Feb 2013 Evaluate

Rathi Steel & Power has received an approval for Corporate Debts Restructuring (CDR) proposal in view of the fact that it will help the company to consolidate its position in the current adverse business environment. The board of company has approved for the same.

Rathi Steel & Power is engaged in manufacturing of Re-bars and Wire Rods which are broadly categorized as the Long Products in the Steel Industry. The main application of their products currently being manufactured is in the construction industry and various industrial applications.

Peers
Company Name CMP
JSW Steel 1169.00
Tata Steel 173.60
Steel Authority 171.50
Jindal Stainless 707.85
APL Apollo Tubes 2105.10
View more..