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Sir I want to know that what is the face values for the Rashtriya ISPAT Nigam limited as I want to invest in the company so can you please tell me the same
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#2
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Hey buddy the face values for the Rashtriya ISPAT Nigam limited is almost 10RS Rashtriya Ispat Nigam Ltd, (abbreviated as RINL), also known as Vizag Steel, is an Indian government-owned steel producer, Based in Visakhapatnam, Operations RINL operates a 3 million tonne per annum capacity steel plant in Visakhapatnam. During the initial periods, the company suffered huge losses. Later the profits have gone up by 200% making it the only steel industry to achieve such target. The firm is investing 125 billion (US$1.9 billion) in the first phase of expanding its capacity, to target production of 6.3 million tonnes of steel a year by 2014. In the next phase of its expansion, it plans to invest 70 billion (US$1.0 billion) to add another 4 million tonnes to its annual capacity. In addition, it plans to invest 250 billion (US$3.7 billion) to add capacity for the production of 4 million tonnes of specialised steel. Its annual capacity is expected to reach almost 7.5 million tonnes by 2015. Contact details Rastriya Ispat Nigam Ltd Metal Supplier Address: Branch Cell Office, 3rd Floor, Meghlaya Tower, Jaipur, Rajasthan 302001 Phone:0141 236 8695
__________________ Answered By StudyChaCha Member |