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Welspun Specialty Solutions bags contract worth Rs 117.17 crore

02 Jul 2024 Evaluate

Welspun Specialty Solutions has bagged contract worth Rs 117.17 crore (including GST) for supply of Seamless Stainless Steel Boiler Tubes to NTPC Talcher 2 x 660 MW Super critical Thermal Power Project. The said contract is expected to be executed by December 2024.

The Company has received the said contract 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 1253.70
Tata Steel 186.20
Steel Authority 183.80
Jindal Stainless 747.00
APL Apollo Tubes 2206.40
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