Modern Steels Ltd

Modern Steels Ltd (513303)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-21.69 %
3 Month Return88.44 %
1 Year Return321.76 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 66
Rank 66
Rank 71
Dividend Yield
Rank 22
Rank 86
Price To Book Ratio
Rank 66
Debt To Asset
Rank 71

Company Information

Incorporated in 1973 Modern Steels was formed with an object to manufacture carbon and alloy steel. It also has a rolling mill to convert billets into rolled products. While the melting capacity is 1 lac tpa the rolling mill has a capacity of 50000 tpa. The company was promoted by Amarjit Goyal the Chairman and Krishan Goyal the Managing Director. Its plant is situated at Gobindgarh Punjab.In 199192 the company copromoted Modern Dairies to set up a dairy project at Karnal Haryana to process 3.2 lac ltr pd of milk at an estimated cost of Rs 13.56 cr. Commercial production of the new company commenced in 1993. It invested around Rs 100 lac in the equity capital of the new company.In 1995 Modern Steels increased the capacity of its rolled products from 30000 tpa to 50000 tpa.During the year 199899 the Company got ISO9002 Certification by DNV Norway with accreditation from RvA Netherlands.
OrganisationModern Steels Ltd
HeadquartersMandi Gobindgarh