H1FY24, its current order book stood at Rs.200 Crs. It received 3 orders in H2 FY23 worth Rs.73 Crs from the Department of Defence for supply of special steel products used for critical Naval applications which will be delivered within the next 30 months.
One of the IPO stocks of last year with issue price of 39 and listing of 94. Has seen correction from IPO listing levels of Rs 50 almost 40% correction. The stock is now on upmove. It had given a cup and handle breakout and rebounded from its 1.618 levels. The stock has also shown increasing volumes and RBI is also on rise. if the stock moves past the 1.618...
