Ramsarup Industries bags Rs 44 cr order from North-East Railway

MUMBAI: Ramsarup Industries has bagged an order valued at Rs 44 crore from North East Frontier Railways. The order will be executed in January-March quarter.

Ramsarup Industries, a leading manufacturer of steel wire, announced an increase in prices of steel wires in range of Rs 1,000-Rs 2,500 MT from Jan. 1.

Recently, the company bagged orders worth Rs 35.64 crore from Essar Steel (Rs 7.40 crore), Reliance Petroleum (Rs 6.24 crore) and Reliance Energy (Rs 22 crore).

At 12:07 pm, Ramsarup Industries shares were up 6.04 per cent at Rs 300 on BSE