Stock Report

Surya Roshni Ltd commences commercial production at new facility

Posted On : 2022-04-15 16:01:31( TIMEZONE : IST )

Surya Roshni Ltd commences commercial production at new facility

Surya Roshni Ltd has announced that the Commercial Production on state-of-art imported mill for manufacturing of Heavy Structural Hollow Square / Rectangular Section Steel Tubes (up to 300 * 300 mm) of sizes > 6 mm to 12 mm with Direct Forming Technology (OFT) at Gwalior (M.P.) with an installed capacity of 36,000 MTPA, commenced on 14th April, 2022.

With the commencement of the new technology (DFT), it not only paves an innovative route of high tech designed methodology to produce ERW Structural Steel Section Pipes and simplify the process by reducing the time & labour of producing customized hollow section pipes and makes operation setting accurate, easy and efficient but also enable us to improve our value added offerings of large diameter heavy structural pipes, resulted into creation ofa larger and stronger steel pipes business with economies of scale.

Shares of Surya Roshni Limited was last trading in BSE at Rs. 444.30 as compared to the previous close of Rs. 448.75. The total number of shares traded during the day was 11757 in over 912 trades.

The stock hit an intraday high of Rs. 458.15 and intraday low of 442.80. The net turnover during the day was Rs. 5269025.00.

Source : Equity Bulls


SuryaRoshni INE335A01012 CommercialProduction SteelTubes