Maharashtra Seamless jumps on bagging order worth Rs 256 crore
Maharashtra Seamless is currently trading at Rs. 615.00, up by 11.75 points or 1.95% from its previous closing of Rs. 603.25 on the BSE.
The scrip opened at Rs. 598.55 and has touched a high and low of Rs. 619.25 and Rs. 598.55 respectively. So far 9347 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 814.00 on 11-Dec-2024 and a 52 week low of Rs. 562.65 on 28-Oct-2024.
Last one week high and low of the scrip stood at Rs. 640.00 and Rs. 598.55 respectively. The current market cap of the company is Rs. 8267.75 crore.
The promoters holding in the company stood at 68.87%, while Institutions and Non-Institutions held 14.48% and 16.65% respectively.
Maharashtra Seamless has received an order worth around Rs 256 crore. The order is for the supply of seamless pipes in oil & gas sector. The order is to be dispatched over next 2 quarters as per customer’s requirement.
Earlier, the company had received an order with basic value of around Rs 298 crore for supply of seamless pipes in oil & gas sector.
Maharashtra Seamless provides a whole range of high-class, customizable and innovative seamless pipes and tubes using state-of-art technology.
