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Welspun Specialty Solutions bags order worth Rs 12.64 crore

06 Oct 2023 Evaluate

Welspun Specialty Solutions has received order for aggregative amount of Rs 12.64 crore (including taxes) for supply of Stainless steel Pipe from a domestic customer, unrelated party. The said order is expected to be executed by the end of January 2024. The Company has received the said orders in normal course of business. The said transaction is not falling under related party transactions and is done at arm’s length basis.

Welspun Specialty Solutions (Erstwhile RMG Alloy Steel), is a world class manufacturer of best in class Alloy & Stainless-Steel products that are globally benchmarked.

Peers
Company Name CMP
JSW Steel 1262.90
Tata Steel 188.15
Steel Authority 185.15
Jindal Stainless 748.10
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