A board meeting of the company will be held on May 14, 2019 to consider proposal to buyback the fully paid-up equity shares at the company face value of Rs 5 each
The stock surged 14% to Rs 155 on the BSE in intra-day trade after the company announced that it received orders for supply of at 124 K MTs pipes.
Compnay's total production and sales were down 17% and 1% respectively