Welspun Specialty Solutions Ltd

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NSEBSE
Stock not tradded

37.81-0.13 (-0.34%)

12:00 AM,23rd Feb 2024

BSE : 500365

NSE : REMIMETAL

Sector : Metals & Mining

ISIN Code : INE731F01037

  • NSE
  • BSE
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  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Last Updated: Feb 23 2024 | 12:00 AM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

6

52-WK High

0.00

52-WK High Date

Invalid date

52-WK Low

0.00

52-WK Low Date

Invalid date

All Time High

21.00

All Time High Date

01 Dec 1994

All Time Low

0.35

All Time Low Date

10 Jul 1998

Welspun Specialty Solutions Ltd

Welspun Specialty Solutions Ltd. (Formerly known as RMG Alloy Steel Limited) was incorporated on December 29 1980. The Company was promoted by V C Saraf and R C Saraf along with the Remi Group and the Doshi Group of Kenya together with the Gujarat Industrial Investment Corporation (GIDC) and Essar Gujarat. The Company is a multi-product manufacturer of Alloy Steel Billet Bloom Ingot Rolled Bar Bright Bar and Seamless Pipes & Tubes. The company came out with a Rs 38-cr public issue in Feb.'94 to part-finance its proposed project at a project cost of Rs 220 cr. RMGL is in the field of steel. Its products include seamless pipes steel etc. The major clients of RMGL are ONGC Oil India the bearings industry etc. Its plant is located in Bharuch Gujarat. RMGL is establishing a seamless pipes/tubes plant to manufacture 70000 tpa of carbon-alloy steel seamless pipes/tubes in technical collaboration with Intertech Internationale Techniscle Assistenz Germany. The company has also set up in-house steel manufacturing and rolling capacity of 100000 tpa. The steel-making capacity has been increased from 25 tonnes to 35 tonnes per charge. Seamless pipes with total backward integration of the steel-making facility and rolling mill commenced trial production and commenced its commercial production in Oct'97. Later on the Steel Plant and Rolling Mill commenced normal operations from January 2004. However the Pipe Plant operations normalized in July 2004.The Company was declared sick by BIFR and IDBI was appointed as Operating Agency. In the year 2005 pursuant to the Order of the Board for Industrial & Financial Reconstruction (BIFR) dated 18th October 2002 the Company allotted 36775000 Equity Shares of Rs 6/- each fully paid on preferential basis to some of the promoters of the Company against the Share Application Money Received.

Welspun Specialty Solutions Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

2004

EPS - TTM (₹) [S]

0.58

P/E Ratio (X) [S]

41.10

Face Value (₹) 6
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]0.92
P/B Ratio (₹) [S]41.10
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

37.00

38.39

Week Low/High

37.00

41.00

Month Low/High

37.00

46.00

Year Low/High

14.00

46.00

All time Low/High

0.30

51.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-5.85%%1.290.78%
1 Month-10.00%%4.244.59%
3 Month-8.85%%11.1212.17%
6 Month7.29%%12.1114.24%
1 Year152.07%%23.0726.85%
3 Year309.20%%47.4551.03%

Company Info

Company Information

Independent Non Exe. Director : Atul Desai

Executive Director / Whole Tim : Anuj Buraka

Chairman & Non Executive Dir. : B K Goenka

Non-Exec & Non-Independent Dir : Prakash Tatia

Independent Non Exe. Director : MYNENI NARAYANA RAO

Independent Non Exe. Director : K H Viswanathan

Independent Non Exe. Director : Amita Misra

Non Executive Director : Vipul Mathur

Registered Office: 1 GIDC Industrial Area, Valia Road Jhagadia,Bharuch,Gujarat-393110 Ph: 91-226613-6000

Email:allcompanysecrearyofrmgl@welspun.com

URL:http://www.rmgalloysteel.com