Mahamaya Steel Industries posted highest-ever December sales growth of 36.22%

Read Time:1 Minute, 44 Second

Mahamaya Steel Industries posted highest-ever December sales growth of 36.22%

Mumbai (Maharashtra) [India], January 5: Mahamaya Steel Industries Limited (MAHASTEEL | 513554 | INE451L01014), a heavy steel structure pioneer, reported a 36.22% increase in December 2022 sales to 12149.880 MT from 8919.490 MT in November 2022. Following the announcement of December sales figures.

Mahamaya Steel Industries, founded on May 23, 1988, is a public limited company registered under the Companies Act of 1956. In Raipur, Chhattisgarh, the company operates a heavy steel structural mill, a steel melting shop, and a gas plant. The company is ISO 9001:2015 and ISO 14001:2015 certified, and it manufactures heavy and light steel structures for the construction, automobile, railway, and power industries, such as strips, joists, beams, channels, girders, and railway sleeper bars, flats in various ranges.

The company’s product is used in infrastructure projects such as railways, power plants, dams, and bridges. The structural Steel Unit has an installed capacity of 2,05,500 MTPA, Steel Melting Shop has an installed capacity of 2,00,000 TPA, and Oxygen Gas Plant has an installed capacity of 9,00,000 Cubic Meters. The company sells excess oxygen gas output to third parties, generating additional revenue.

Ramanand Agrawal and his family members are the company’s promoters. The Agrawal family is a well-known Raipur industrialist family.

The company is a pioneer in the manufacture of 600 MM joists, girders, and channels. Reliance Industries, Petro Refineries, Metro Railway, Indian Railways, State-owned Electricity Boards, Power Plants, Ports, and Airports are among the customers.

Rajesh Agrawal, the managing director of Mahamaya Steel, has over three decades of experience in the steel industry. Agarwal believes in innovation, and he is responsible for many new developments in the structural manufacturing fields.

Source: BSE Website https://www.bseindia.com/stock-share-price/mahamaya-steel-industries-ltd/mahasteel/513554/

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

The post Mahamaya Steel Industries posted highest-ever December sales growth of 36.22% appeared first on Republic News Today.

Related Posts

BNI Symposium 2024 Set to be Ahmedabad’s biggest business conclave

It will take place at Mahatma Mandir from April 26-28 and celebrate a decade of excellence and connections With a focus on promoting business, networking, creativity, learning and fun, the…

MEDH, an EdTech Platform to Offer Personalized Skill Development Learning

New Delhi (India), April 20: A shift in the skill development industry is created by the launch of Medh, an EdTech platform. Neeraj Narain, the founder of Medh focuses on…

You Missed

Ek Tha Chetan to be Bhagat’s Next Book

  • By
  • April 20, 2024
Ek Tha Chetan to be Bhagat’s Next Book

Moonstone Hammock Expands Portfolio with Spectacular Glampsites in Manali and Bengaluru

  • By
  • April 18, 2024
Moonstone Hammock Expands Portfolio with Spectacular Glampsites in Manali and Bengaluru

Tirupati’s Culinary Gem, VR Mathura Food Paradise Offers a Gastronomic Delight for Vegetarian Food Lovers

  • By
  • April 13, 2024
Tirupati’s Culinary Gem, VR Mathura Food Paradise Offers a Gastronomic Delight for Vegetarian Food Lovers

Top 10 Astrologers In India 2024

  • By
  • April 11, 2024
Top 10 Astrologers In India 2024

From Visions to Reality, The Evolution of Ritu Kantawala, A Tarot Luminary

  • By
  • April 10, 2024
From Visions to Reality, The Evolution of Ritu Kantawala, A Tarot Luminary

Young Hero Ashok Galla Gives Financial Assitance To Digital Creator Suffering From Critical Health Issue

  • By
  • April 8, 2024
Young Hero Ashok Galla Gives Financial Assitance To Digital Creator Suffering From Critical Health Issue