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Prakash Steelage to enter into JV with Kargwal Developers

31 May 2013 Evaluate

Prakash Steelage has received an approval to enter into a joint venture (JV) with Kargwal Developers (Omkar Group) to develop its unutilized barren land situated at Village Palgam, Taluka Umbergaon, District Valsad, Gujarat as industrial plots / sheds / commercial / residential construction. The board of directors at its meeting held on May 30, 2013 has approved for the same.

The board has also approved to initiate trading, import and export of steel and steel products through the company’s wholly-owned subsidiary Pioneer Stainless & Alloy - F.Z.E., UAE.

Prakash Steelage specializes in meeting specific requirements of customers and offers complete solution for stainless steel welded & seamless pipes and tubes.

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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