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Mahamaya Steel Industries Ltd.

BSE: 513554 Sector: Metals & Mining
NSE: MAHASTEEL ISIN Code: INE451L01014
BSE 00:00 | 11 May 95.20 0
(0.00%)
OPEN

94.80

HIGH

99.00

LOW

92.60

NSE 00:00 | 11 May 94.60 -0.55
(-0.58%)
OPEN

96.00

HIGH

99.00

LOW

93.60

OPEN 94.80
PREVIOUS CLOSE 95.20
VOLUME 15384
52-Week high 130.50
52-Week low 65.00
P/E
Mkt Cap.(Rs cr) 141
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 94.80
CLOSE 95.20
VOLUME 15384
52-Week high 130.50
52-Week low 65.00
P/E
Mkt Cap.(Rs cr) 141
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Mahamaya Steel Industries Ltd. (MAHASTEEL) - Company History

Engaged in the manufacture of mild steel (MS) products like channels strips girders and flats Rajesh Strips became a public limited company on 28 Aug.'90. Its manufacturing facilities are located at Raipur Madhya Pradesh.The company came out with a public limited company in Feb.'94 to part-finance its expansion-cum-modernisation programme to manufacture 50000 tpa of steel structurals and 10500 tpa of steel strip coils. The expanded capacity went on stream in Mar.'94.In 1995-96 the company expanded by converting its single drive system to double drive operation system for higher capacity utilisation. It also proposed to install a heavy structure mill of 105000 tpa and put up facilities to produce heavy structures. In the year 1996-97 the company has undertaken a project of 610 MM Heavy Structural Rolling Mill at Raipur with the total project cost estimated to be Rs 17.12 crores. Also the company has successfully implemented a power project of 3 MW capacity.During the year 1998-99 pursuant to the scheme of merger the Company took over Raipur Ferro Alloys (P) Ltd under the name of 'Casting Division'.

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