with market valuation of 1,169 crore, Steel Exchange India Limited (SEIL) is a small-cap business that operates in the metals industry. The record date for the stock split has been set by the company’s board as July 13, 2022. The firm is a privately owned integrated steel factory in Andhra Pradesh and deals in the iron and steel production industry. The largest plant is 0.5 million ton sponge iron unit, 0.3 million ton billet unit and 220,000 tpa rolling mill integrated steel production center. In the village of Mallivedu, Andhra Pradesh, on 400 acres of land, 35 km from the city of Visakhapatnam, where the steel production center is located. A 60MW captive power plant named Simhadri Power Limited (SPV) has been set up by SEIL.
company has informed BSE today and said in its filing that “Reg. 42 of the Listing Regulations and relevant provisions of the Companies Act, 2013 and Rules made thereunder, the Company has notified the record date for sub-division/split of each equity For the purpose of determination, Wednesday, the 13th July, 2022 has been fixed as the record date. Shares of face value of Rs.10/- (Rupees ten only) each, in ten (10) equity shares of face value of Rs. Fully paid. 1/- (Rupee one only) each fully paid.”
out of stock Your current position of 57.20 During the last one year, it has given multibagger returns of 132.10 to 130.94 percent. The stock has lost 29.79 percent of its value year (YTD) in 2022. The stock has fallen 22.66 percent in the last six months and 9.21 percent in the last month. The stock has lost 8.04 per cent in the last five trading days. Steel Exchange is trading below the 5-day, 20-day, 50-day, 100-day and 200-day moving averages based on the most recent trading price.