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Small Cap | Steel

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About Modern Steels

Incorporated in 1973, Modern Steels was formed with an object to manufacture carbon and alloy steel. It also has a rolling mill to convert billets into rolled products. While the melting capacity is 1 lac tpa, the rolling mill has a capacity of 50,000 tpa. The company was promoted by Amarjit Goyal, the Chairman and Krishan Goyal, the Managing Director. Its plant is situated at Gobindgarh, Punjab. In 1991-92, the company co-promoted Modern Dairies to set up a dairy project at Karnal, Haryana, to process 3.2 lac ltr pd of milk at an estimated cost of Rs 13.56 cr. Commercial production of the new company commenced in 1993. It invested around Rs 100 lac in the equity capital of the new company. In 1995, Modern Steels increased the capacity of its rolled products from 30,000 tpa to 50,000 tpa. During the year 1998-99, the Company got ISO-9002 Certification by DNV, Norway with accreditation from RvA Netherlands.

Parent Organisation
Modern
Managing Director
Krishan Kumar Goyal
Founded
1973
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10th July 2024
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10th July 2024
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Modern Steels Ltd FAQs

Modern Steels Ltd (Modern Steels Ltd) share price as of July 24, 2024, on NSE is Rs 19.09 (NSE) and Rs 19.09 (BSE) on BSE.
Yes, You can buy Modern Steels Ltd (Modern Steels Ltd) shares by opening a Demat account with Angel One.
Modern Steels Ltd (Modern Steels Ltd) share can be bought through the following modes:
1. Direct investment: You can buy Modern Steels Ltd (Modern Steels Ltd) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Modern Steels Ltd (Modern Steels Ltd) shares.
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