Manaksia Coated Metals signs ₹500 crore export deal
pre-market1 source ↓written by the desknot a recommendation
- of coated steel
- 50,000 metric tonnes
Manaksia Coated Metals has signed MoUs worth ₹500 crores with European clients to supply 50,000 metric tonnes of coated steel products over the next year. This agreement, which bolsters its export growth, aligns with the company's strategy as export revenue constitutes 70% of its operations in H1FY26.
The credit rating upgrade from Acuite enhances its financial standing, potentially attracting more investors. 📈
Not investment advice. For informational purposes only.