Maharashtra Seamless surges on bagging orders for Rs 150.70 crore

Maharashtra Seamless is currently trading at Rs. 517.40, up by 13.90 points or 2.76% from its previous closing of Rs. 503.50 on the BSE.

The scrip opened at Rs. 520.00 and has touched a high and low of Rs. 525.00 and Rs. 516.30 respectively. So far 4114 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 578.00 on 15-Nov-2021 and a 52 week low of Rs. 265.75 on 15-Apr-2021.

Last one week high and low of the scrip stood at Rs. 517.70 and Rs. 464.30 respectively. The current market cap of the company is Rs. 3373.43 crore.

The promoters holding in the company stood at 63.82%, while Institutions and Non-Institutions held 5.42% and 30.76% respectively.

Maharashtra Seamless has successfully bagged Rs. 150.70 crore orders from PSU Companies for supply of ERW and Seamless pipes.

Maharashtra Seamless provides a whole range of high-class, customizable and innovative seamless pipes and tubes using state-of-art technology.

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