Readymade Steel India is currently trading at Rs. 68.15, up by 0.90 points or 1.34% from its previous closing of Rs. 67.25 on the BSE.
The scrip opened at Rs. 60.10 and has touched a high and low of Rs. 70.10 and Rs. 60.10 respectively. So far 26,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 117.75 on 13-Jul-2011 and a 52 week low of Rs. 35.15 on 09-Aug-2011.
Last one week high and low of the scrip stood at Rs. 70.10 and Rs. 51.00 respectively. The current market cap of the company is Rs. 79.00 crore.
The promoters holding in the company stood at 64.44% while Non-Institutions holds 35.56% respectively.
Readymade Steel India (RMS), a leader in offering readymade steel solutions, for the building and construction industry, has entered into a technical collaboration with China Academy of Building Research (CABR) Technology Company, China, to facilitate manufacturing and marketing of mechanical splicing system & couplers in India as well as specified territories abroad.
Mechanical splicing system & couplers are widely used in the infrastructure sector such as buildings, bridges, hydraulic structures and nuclear power plants. CABR has won many national patents for its products.
CABR, established in 1953, is primarily engaged in the business of R&D of new building technologies. CABR caters to the needs of building and construction sector nationwide.
Readymade Steel is primarily in the business of providing ready to use steel for construction activities to the infrastructure industry. Readymade Steel is used in commercial and residential projects and various infrastructure works like the metro/mono-rail, bridges, highways, power plants, etc. Cut and bent steel is used in columns, beams, foundations and slabs.
| Company Name | CMP |
|---|---|
| Tata Steel | 138.00 |
| JSW Steel | 938.85 |
| SAIL | 111.90 |
| Jindal Stainless | 694.20 |
| Jindal Saw | 294.85 |
| View more.. | |
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