Prakash Steelage Limited SHARE PRICE [LIVE]

BSE: INE696K01024   NSE: PRAKASHSTL   SECTOR: -

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5.60
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5.64
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What is the Share price of Prakash Steelage Limited (PRAKASHSTL)?

Prakash Steelage Limited (PRAKASHSTL) share price as of August 12, 2022, on NSE is Rs 5.60 (NSE) and Rs 5.64 (BSE) on BSE.

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About PRAKASHSTL

Today's live share price for Prakash Steelage Limited is NSE: ₹ 5.60, BSE: ₹ 5.64 with a current market capitalization of .

Prakash Steelage Ltd is a leading manufacturer of High Quality Stainless Steel Seamless and Welded Pipes, Tubes & U-tubes. The company manufactures a wide range of products based on the customer specifications. They produce Stainless Steel seamless and welded Pipes, Tubes & U-tubes. They are having their units situated at Silvassa in Dadra and Nagar Haveli and Umbergaon in Gujarat with total installed production capacity of 15,600 MTPA. The company is an ISO 9001: 2008 and PED certified Company. They are also a 'Govt. Recognized Star Export House' exporting to several MNC's into more than 40 countries across the Globe. The company's pipes and tubes are available in sizes ranging from 1/4' NB to 24' NB Schedule 5, Schedule 10, Schedule 40, Schedule 80 etc., and 6.00 mm to 114.40 mm Outer Diameter with wall thickness from 0.50 mm to 6.00 mm. The customer base includes a diverse set of industries including Oil & Gas, Power, Pharmaceutical, Petrochemical, Sugar, Dairy, Automobile, Desalination etc. They have developed their marketing network in various cities such as Ahmedabad, Delhi, Hyderabad, Chennai and Mumbai. Their products have found wide acceptance in the markets of North America, South East Asia, Africa, Middle-East and Europe. Their clients include BGR Energy Systems Ltd, Bharat Heavy Electrical Ltd, KBK Chemie Ltd, Chandan Steel Ltd, Kudos Chemie Ltd, Mojj Engineering Systems Ltd, Praj Industries Ltd, Steelage Overseas Pvt Ltd, Unitech Machine Ltd and Top Honest INC. Prakash Steelage Ltd, a flagship company of Prakash Group was incorporated in May 9, 1991 as a private limited company with the name Prakash Steelage Private Ltd. Initially, the company started with the trading activities i.e; trading in the stainless steel sheets, coils and plates. In the year 1996, the company started their manufacturing activity by setting up their first plant at Silvassa in the Union Territory of Dadra and Nagar Haveli with a capacity of 4000 MTPA. The unit was set up for producing welded stainless steel and seamless pipes & tubes. In August 1997, the company was converted into a public limited company and the name was changed to Prakash Steelage Ltd. In the year 2002, the company was awarded the ISO 9001 : 2000 certification for their unit at Silvassa. In the year 2005, the company was recognized as Export house by the Government. In the year 2007, the company started their second state of the art manufacturing facility at Umbergaon in Gujarat with an installed capacity of 8200 MTPA, considering the huge demand and future business potential. Also, they further expanded the production capacity by 3,400 MTPA, making the total to 15,600 MTPA. In the year 2008, the company was certified as PED (Pressure Equipment Directive), AD - 2000 - Merkbatt W O EIL, Llyods & IBR Approved Company. In the year 2009, the company was awarded with TUV Certificate for their unit at Silvassa by TUV Rheinland Industrie Service GmbH, Cologne, Germany. Also, the company was awarded with BS OHSAS 18001-2007 by RINA SpA, Genova, Italy and ISO-14001-2004 by RINA SpA, Genova, Italy. In the year 2010, the company was recognized as Star Export House by Government of India. Also, they received the vendor approval from Kuwait National Petroleum Company (Kuwait). In August 25, 2010, the company shares are listed in the Bombay Stock Exchange Ltd and National Stock Exchange Ltd. The company plans to foray into Duplex, Super Duplex and Super Austenitic pipes/ tubes. Also, they proposed to expand the production capacity to 19,000 MTPA.

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