MetalsMarket hours

Evonith Steel plans ₹6,000 cr expansion to boost capacity

6 Nov 2025 · 10:01 ISTmarket hours1 source ↓written by the desknot a recommendation

with a ₹6: 6 million tonnes
from an IPO: ₹2,000 crore

Evonith Steel Group aims to quadruple production capacity to 6 million tonnes with a ₹6,000 crore investment. The expansion will involve brownfield projects and acquisitions, targeting ₹2,000 crore from an IPO to finance part of this plan. This move positions Evonith to leverage India's growing steel demand. ⚒️

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 6 Nov 2025, 10:01 IST.

Sourcesnews.google.com

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Evonith Steel plans ₹6,000 cr expansion to boost capacity

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