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ISMT to receive payment of euro 15.5 million on settlement of Arbitration case

13 Mar 2014 Evaluate

ISMT will receive the payment of euro 15.5 million pursuant to settlement of Arbitration case. The company had initiated an Arbitration case against one of its equipment suppliers.

ISMT is engaged in manufacturing of specialized seamless tubes, alloy steel and proves engineering services. The company also manufactures products such as bearing rings, gear blanks etc.

Peers
Company Name CMP
JSW Steel 1247.05
Tata Steel 171.50
Steel Authority 171.50
Jindal Stainless 709.55
APL Apollo Tubes 2210.00
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