699.5000 10.90 (1.58%)
NSE Apr 17, 2025 15:31 PM
Volume: 172.3K
 

699.50
1.58%
ICICI Securities Limited
Maharashtra Seamless took 100% control over United Seamless Tubular Pvt Ltd (USTPL) on February 14, 2020 after the Supreme Court decision on January 22, 2020. USTPL has a capacity of 300000 tonnes per annum (TPA) in the size range of 4 to 14 diameter in various grades and wall thicknesses. The plant has Fine Quality Mill (FQM) manufacturing technology, which is supplied by Danielle, Italy. The company has indicated that USTPL will run on partial capacity after completion of trial run by September 2020. With this acquisition, MSL will have an additional...
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