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Maharashtra Seamless Secures Rs. 298 Crore Order for Seamless Pipes

Story Highlights
  • Maharashtra Seamless Limited focuses on seamless pipes for industries like oil and gas.
  • The company received a Rs. 298 crore order for domestic supply, boosting its market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest announcement is out from Maharashtra Seamless Limited ( (IN:MAHSEAMLES) ).

Maharashtra Seamless Limited has secured a significant order valued at approximately Rs. 298 crores for the supply of seamless pipes to a domestic entity in the oil and gas sector. This order is expected to be fulfilled through gradual dispatches over the next few quarters, enhancing the company’s market position and potentially impacting its financial performance positively.

More about Maharashtra Seamless Limited

Maharashtra Seamless Limited operates in the manufacturing industry, primarily focusing on the production and supply of seamless pipes. These products are essential for various sectors, including the oil and gas industry, where they are used extensively.

YTD Price Performance: -12.98%

Average Trading Volume: 23,972

Current Market Cap: 88.54B INR

For a thorough assessment of MAHSEAMLES stock, go to TipRanks’ Stock Analysis page.

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