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Steel Exchange India Ltd.

BSE: 534748 Sector: Others
NSE: STEELXIND ISIN Code: INE503B01013
BSE 12:45 | 22 Jan 34.70 0.40
(1.17%)
OPEN

35.75

HIGH

36.00

LOW

34.15

NSE 12:32 | 22 Jan 34.90 0.35
(1.01%)
OPEN

34.20

HIGH

35.75

LOW

34.20

OPEN 35.75
PREVIOUS CLOSE 34.30
VOLUME 33201
52-Week high 133.45
52-Week low 32.25
P/E
Mkt Cap.(Rs cr) 264
Buy Price 34.45
Buy Qty 100.00
Sell Price 34.70
Sell Qty 733.00
OPEN 35.75
CLOSE 34.30
VOLUME 33201
52-Week high 133.45
52-Week low 32.25
P/E
Mkt Cap.(Rs cr) 264
Buy Price 34.45
Buy Qty 100.00
Sell Price 34.70
Sell Qty 733.00

Steel Exchange India Ltd. (STEELXIND) - Company History

Steel Exchange India Ltd is an India-based company. The company operates in six divisions, namely Trading Division, Steel Melting Division, Rolling Division, Wire Drawing and HC Wire Products & Galvanized Wire Division, Pyxis Software Division and Sponge Iron Division. The company's Trading Division deals with a range of products, such as sponge iron, semi and finished steel products. They also deal with the products manufactured by RINL (Vizag Steel), their own manufacturing divisions and other manufacturers for special products. The Steel Melting Division manufactures ingots using sponge iron and scrap/ pig iron. The Rolling Division of the company has two rolling units producing thousand metric tons (TMT) bars and steel rebars. The two units of Wire Drawing and HC Wire Products & Galvanized Wire Division produce wire products, carbon steel wire products and galvanized wire products. The company's Pyxis Software Division deals with the development of software and software products. The Sponge Iron Division is located at Viziznagaram District, which is having a capacity of 225,000 TPA. Steel Exchange India Ltd was incorporated in the year 1999 as a public limited company. Steel Exchange India Limited acquired a well-established steel specific vertical B2B portal www.steelexchangeindia.com, which had been promoted and developed by its holding company Pyxis Technology Solutions. As per the scheme of amalgamation, Steel Exchange India Ltd and Simhadri Steels Pvt Ltd were amalgamated with the company and the name was changed to Steel Exchange India Ltd with effect from April 2003. During the year 2006-07, the company entered a scheme of arrangement with Vizag Profiles Ltd for transferring the Steel Division of Vizag Profiles Ltd to the company. Vizag Profiles Ltd merged with the company with effect from April 1, 2006. During the year 2008-09, the company took on lease 225,000 TPA Sponge Iron unit of GSAL (India) Ltd with effect from October 1, 2008. Also, they decided to sell/ dispose off the old Rolling Mill situated in Andhra Pradesh.