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Grand Foundry Ltd.

BSE: 513343 Sector: Metals & Mining
NSE: GFSTEELS ISIN Code: INE534A01028
BSE 00:00 | 28 Jan 4.00 0.13
(3.36%)
OPEN

3.68

HIGH

4.00

LOW

3.68

NSE 00:00 | 28 Jan 4.00 0
(0.00%)
OPEN

4.00

HIGH

4.00

LOW

4.00

OPEN 3.68
PREVIOUS CLOSE 3.87
VOLUME 1540
52-Week high 5.74
52-Week low 1.80
P/E
Mkt Cap.(Rs cr) 12
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 3.68
CLOSE 3.87
VOLUME 1540
52-Week high 5.74
52-Week low 1.80
P/E
Mkt Cap.(Rs cr) 12
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Grand Foundry Ltd. (GFSTEELS) - Company History

Acquired by the Janglas in 1978 Grand Foundry (GFL) manufactures cold-finished stainless and alloy steel bars. In Feb.'92 it came out with a public issue. Today GFL is India's premier bright steel bar (mainly stainless steel) processing house. It has to its credit one of the best-equipped plants in the country and some of the sophisticated and efficient processing technologies in the world. GFL supplies practically every grade of steel required by the engineering industry to customers spread throughout India and in the US Japan Europe Australia Canada etc. The company bagged an award from the Engineering Export Promotion Council (EEPC) of India for the sixth year in succession (since 1988-89). GFL is a government-recognised Export House. It has implemented a two fold backward integration project by installing a wire rod and bar mill along with a steel-making facility. The Rs 250-cr project was completed in the fag end of 1997.

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