Mahamaya Steel Industries posted highest-ever December sales growth of 36.22%

The company’s product is used in infrastructure projects such as railways, power plants, dams, and bridges. The structural Steel Unit has an installed capacity of 2,05,500 MTPA, Steel Melting Shop has an installed capacity of 2,00,000 TPA, and Oxygen Gas Plant has an installed capacity of 9,00,000 Cubic Meters. The company sells excess oxygen gas output to third parties, generating additional revenue.

Ramanand Agrawal and his family members are the company’s promoters. The Agrawal family is a well-known Raipur industrialist family.

The company is a pioneer in the manufacture of 600 MM joists, girders, and channels. Reliance Industries, Petro Refineries, Metro Railway, Indian Railways, State-owned Electricity Boards, Power Plants, Ports, and Airports are among the customers.

Rajesh Agrawal, the managing director of Mahamaya Steel, has over three decades of experience in the steel industry. Agarwal believes in innovation, and he is responsible for many new developments in the structural manufacturing fields.

Source: BSE Website https://www.bseindia.com/stock-share-price/mahamaya-steel-industries-ltd/mahasteel/513554/

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