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Steel Exchange India Limited ( (IN:STEELXIND) ) has shared an announcement.
Steel Exchange India Limited has announced that its product, SIMHADRI TMT steel rebars, has received source approval for use in the construction of the Bengaluru-Vijayawada Economic Corridor, specifically for NHAI’s Package No. 11, 12, and 14. This approval signifies a significant opportunity for the company to enhance its market presence and contribute to major infrastructure projects, potentially boosting its reputation and stakeholder confidence.
More about Steel Exchange India Limited
Steel Exchange India Limited operates in the steel industry, focusing on the production and supply of steel products, including TMT steel rebars. The company is involved in providing materials for infrastructure projects, which positions it as a key player in supporting construction and development initiatives.
YTD Price Performance: -15.51%
Average Trading Volume: 337,184
Current Market Cap: 10.31B INR
See more data about STEELXIND stock on TipRanks’ Stock Analysis page.