Hot Pursuit     24-Apr-23
Maharashtra Seamless gains on bagging order worth Rs 262 cr from ONGC
Maharashtra Seamless rallied 3.20% to Rs 418 after the company received orders from Oil and Natural Gas Corporation (ONGC) with basic value Rs 262 crore for supply of seamless tubing pipes
The scope of order includes supply of seamless tubing pipes to various locations including Gujarat, Rajasthan, West Bengal, Assam and Tripura as required by ONGC.

The order will be dispatch gradually over the course of 42 weeks.

Maharashtra Seamless manufactures carbon and alloy steel seamless pipes, ERW (Electrical Resistance Welding) steel and castings pipes. The company also owns a wind power mill.

The company's consolidated net profit jumped 81.4% to Rs 171.76 crore on 17.5% rise in net sales to Rs 1,338.49 crore in Q3 FY23 over Q3 FY22.

Previous News
  Maharashtra Seamless consolidated net profit rises 72.93% in the December 2023 quarter
 ( Results - Announcements 30-Jan-24   12:29 )
  Maharashtra Seamless revises record date for bonus issue
 ( Market Beat - Reports 21-Nov-22   08:22 )
  Maharashtra Seamless announces board meeting date
 ( Corporate News - 06-Jan-23   14:59 )
  Maharashtra Seamless Ltd leads losers in 'A' group
 ( Hot Pursuit - 19-Dec-22   15:00 )
  Maharashtra Seamless to discuss results
 ( Corporate News - 06-Jan-23   14:56 )
  Maharashtra Seamless revises record date for 1:1 bonus shares
 ( Hot Pursuit - 19-Nov-22   16:51 )
  Maharashtra Seamless fixes record date for bonus equity shares
 ( Market Beat - Reports 21-Nov-22   13:04 )
  Maharashtra Seamless consolidated net profit declines 75.21% in the June 2020 quarter
 ( Results - Announcements 21-Aug-20   15:45 )
  Maharashtra Seamless Ltd leads gainers in 'A' group
 ( Hot Pursuit - 13-Oct-22   12:00 )
  Board of Maharashtra Seamless to consider bonus issue and stock split
 ( Corporate News - 12-Oct-22   19:37 )
  Maharashtra Seamless bags its maiden order for subsea sour service seamless pipes
 ( Corporate News - 15-Jul-22   18:29 )
Other Stories
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
  Shilpa Medicare sizzles after Unicycive gets positive results in clinical trials of OLC
  05-Jul-24   14:52
  Manugraph India Ltd leads losers in 'B' group
  05-Jul-24   14:45
  NSE SME Nephro Care India rallies on listing day
  05-Jul-24   14:45
  ESAF SFB total deposits jumps 33% YoY in Q1
  05-Jul-24   14:43
  Utkarsh SFB deposits climb 30% YoY in Q1 FY25
  05-Jul-24   14:35
  Volumes soar at Medplus Health Services Ltd counter
  05-Jul-24   14:30
  Financials stocks slide
  05-Jul-24   14:00
  Banking stocks edge lower
  05-Jul-24   14:00
Back Top