This multibagger stock fixes record date for stock split: Check details here1 min read 25 Jun 2022, 04:06 PM IST
Steel Exchange India Ltd, is a small-cap company with a market valuation of ₹1169 crore that is involved in the iron and steel industry.
With a market valuation of ₹1,169 crore, Steel Exchange India Ltd (SEIL) is a small-cap business that operates in the metal industry. The record date for the stock split has been set by the company's board as of July 13, 2022. The firm is the largest privately-owned integrated steel factory in Andhra Pradesh and works in the iron and steel production industry. The largest plant is a 0.5 million tonne sponge iron unit, a 0.3 million tonne billet unit, and a 220,000 tpa rolling mill integrated steel production centre. At Malliveedu Village in Andhra Pradesh, on 400 acres of land, 35 kilometres from Visakhapatnam City, is where the steel production hub is situated. A 60MW captive power plant called Simhadri Power Limited(SPV) has been established by SEIL.
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