Maharashtra Seamless Ltd. a D.P. Jindal Group Company has successfully secured an order worth Rs500cr (~$70mn) for the supply of seamless casings to ONGC against stiff competition.
The company is the market leader in seamless and ERW pipes in India.
Maharashtra Seamless Ltd is currently trading at Rs372.45 up by Rs12.9 or 3.59% from its previous closing of Rs359.55 on the BSE.
The scrip opened at Rs371 and has touched a high and low of Rs373 and Rs367.50 respectively. So far 14,693 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs2,408.97cr.
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