15 Jun 2026
Steel Exchange India secured APCRDA approval for its Simhadri TMT bars to be used across the 65,000 crore rupee Amaravati capital-city construction.
The clearance, circulated to the EPC firms building Amaravati, positions the company as a primary-source vendor for one of the largest state infrastructure programmes underway. Approval covers Fe550, Fe500D and corrosion-resistant grades.

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.