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Manaksia Coated Metals signs Rs 210 crore MoU with leading European client

06 Nov 2026 Evaluate

Manaksia Coated Metals & Industries has signed a Memorandum of Understanding (MoU) amounting to Rs 210 crore with a leading European client. This MoU further strengthens the company’s export growth momentum and underscore the increasing acceptance of its value-added coated steel products across global markets. The fresh MoU’s strengthen relationships with international customers and provide potential for repeat orders and sustained offtake, while supporting higher utilization of the Company’s value-added product capacities.

Manaksia Coated Metals & Industries is primarily engaged in the manufacture of Mosquito Repellent Coils and value-added secondary metal products like Galvanised Corrugated Sheets, Galvanised Plain Sheets, Colour Coated (Pre-painted) Sheets, etc. 


Peers
Company Name CMP
JSW Steel 1345.00
Tata Steel 184.90
Steel Authority 169.80
Jindal Stainless 691.05
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