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Welspun Specialty secures orders worth Rs 15.87 crore

29 Nov 2023 Evaluate

Welspun Specialty Solutions has received orders for aggregative amount of Rs 15.87 crore (including taxes) from a domestic, unrelated customer for supply of Duplex Grade Seamless Tubes. The said order is expected to be executed by March 2024. The Company has received the said orders in normal course of business. The said transaction is not falling under related party transaction 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 1263.40
Tata Steel 188.20
Steel Authority 185.75
Jindal Stainless 749.95
APL Apollo Tubes 2205.95
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