24 Aug 2026
Subsidiary Ratnamani Finow Spooling Solutions won international export orders for spools and hangers worth about 286 million dollars, roughly 2,700 crore rupees.
That is close to 16 percent of the parent's 17,000 crore rupee market value in a single announcement. Execution runs over two to three years through a mix of in-house manufacturing, sub-contracting and mercantile trade. The stock closed 14.8 percent higher at 2,702 rupees.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.