Welspun Specialty Solutions Ltd.
BSE: 500365 |
Sector: Metals & Mining |
NSE: REMIMETAL |
ISIN Code: INE731F01037 |
BSE
00:00 | 09 Apr
|
16.18
|
0.02 (0.12%)
|
OPEN
16.49
|
HIGH
17.25
|
LOW
16.00
|
NSE
05:30 | 01 Jan
|
Welspun Specialty Solutions Ltd
|
OPEN |
16.49 |
PREVIOUS CLOSE |
16.16 |
VOLUME |
471227 |
52-Week high |
17.25 |
52-Week low |
5.50 |
P/E |
|
Mkt Cap.(Rs cr) |
857 |
Buy Price |
0.00 |
Buy Qty |
0.00 |
Sell Price |
0.00 |
Sell Qty |
0.00 |
OPEN |
|
PREVIOUS CLOSE |
|
VOLUME |
|
52-Week high |
0.00 |
52-Week low |
0.00 |
P/E |
|
Mkt Cap.(Rs cr) |
857 |
Buy Price |
|
Buy Qty |
|
Sell Price |
|
Sell Qty |
|
OPEN |
16.49 |
CLOSE |
16.16 |
VOLUME |
471227 |
52-Week high |
17.25 |
52-Week low |
5.50 |
P/E |
|
Mkt Cap.(Rs cr) |
857 |
Buy Price |
0.00 |
Buy Qty |
0.00 |
Sell Price |
0.00 |
Sell Qty |
0.00 |
OPEN |
|
PREVIOUS CLOSE |
|
VOLUME |
|
52-Week high |
0.00 |
52-Week low |
0.00 |
P/E |
|
Mkt Cap.(Rs cr) |
856.60 |
Buy Price |
|
Buy Qty |
|
Sell Price |
|
Sell Qty |
|
Welspun Specialty Solutions Ltd. (REMIMETAL) - Company History
Incorporated as Remi Metals Remi Metals Gujarat acquired its present name (RMGL) on 23 Jan.'93. The company has been 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 and Essar Gujarat. Other group concerns are Rajendra Mechanical Industries Rajendra Electrical Industries Remi Process Plant and Machinery etc. 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.The company has been declared sick by BIFR and IDBI has been appointed as Operating Agency.
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