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Maithan Alloys honoured to be amongst the 'Best Under A Billion' Company in 2019

Posted On: 2019-07-16 11:46:05

Maithan Alloys Limited has been included in the Forbes Asia 200 Best Under A Billion 2019 List.

Every year Forbes Asia highlights 200 of the top publicly traded companies in Asia-Pacific which are consistent in posting top and bottom-line growth. The 2019 list was compiled from among 19,000 companies, out of which 1,400 passed the criteria for profitability, growth and modest indebtedness. The companies that made it to the list produce the highest sales and EPS growth for both the most recent fiscal one and three-year periods, and the strongest one and five-year average return on equity.

"We at Maithan Alloys Limited are very proud that our Company has made it to Forbes Asia 200 Best Under A Billion 2019 List, of which only 14 Indian Companies are a part. We have been working with a robust and sustainable business model and building a strong Company. We are motivated to accomplish our goal of growing as the largest player in Ferro Alloys" said Mr. Subodh Agarwalla, CEO, Maithan Alloys Limited.

Shares of MAITHAN ALLOYS LTD. was last trading in BSE at Rs.509 as compared to the previous close of Rs. 527.8. The total number of shares traded during the day was 1779 in over 215 trades.

The stock hit an intraday high of Rs. 531.7 and intraday low of 508. The net turnover during the day was Rs. 913829.


Source: Equity Bulls

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