Skip to main content

MoneyWorks4Me

Pradhin ventures into Steel and Real Estate sectors

26 Aug 2024 Evaluate

Pradhin has strategically diversified its business operations by venturing into the Steel and Real Estate sectors. This move aligns with its long-term vision of expanding its footprint in high-growth industries and capitalizing on emerging market opportunities.

As part of this new venture, the company is in advanced discussions with Reliance Industries, one of India's largest conglomerates, to secure a significant order. The order, estimated to be worth up to Rs 1 billion (Rs 100 crore), involves the supply of Fe 600 grade TMT Bars and Beams to Reliance Industries' Jamnagar facility. The company's entry into the Steel sector, coupled with this potential order from a prestigious client like Reliance Industries, is expected to significantly boost its revenue and enhance its market position. 

Pradhin is in the business of producing, marketing and trading in all kinds of dairy products. 


Peers
Company Name CMP
Redington 358.60
Adani Enterprises 2736.00
Amrapali Industries 34.77
Maxgrow India 178.35
Rashi Peripheral 697.90
View more..