Bengaluru, July 21 -- The shares of this small-cap company engaged in the business of manufacturing steel products and providing allied services are in focus as a result of a new order from Rashtriya Ispat Nigam Limited (RINL).

With the market capitalization of Rs. 1,325 crores, the shares of Steel Exchange India Ltd were trading at Rs. 10.8, up 1.8 percent from its previous day's close price of Rs. 10.61 per equity share.

Work Order

Steel Exchange India Ltd has received a contract from Rashtriya Ispat Nigam Limited (RINL) to convert 1.20 lakh tons of billets into various sizes of Vizag Steel TMT bars every year. The contract is for 2 years and can be extended by 1 more year with mutual agreement. The total value of the contract is up ...