This iron & steel products stock has zoomed 50% thus far in October

On October 8, 2021, Maharashtra Seamless had announced that the company has successfully bagged an order worth Rs 237 crore from ONGC for supply of seamless casings pipes

Shares Maharashtra Seamless rallied 10 per cent to hit an over two-year high of Rs 47 in intra-day trade on Wednesday. With today's gain, the scrip has soared 50 per cent in the first nine trading days of October. The stock of the iron and steel products company was quoting at its highest level since May 2019.

On October 8, 2021, Maharashtra Seamless announced that the company has successfully bagged an order worth Rs 237 crore from Oil and Natural Gas Corporation Limited (ONGC) for the supply of seamless casings pipes.

The company primarily caters to companies in