Aanchal Ispat Ltd share Price Today

Aanchal Ispat Limited was incorporated in January 30, 1996. The company is engaged in manufacturing Mild Steel TMT Re-bars, Structural Re-bars, angles, channels, TMT Bars, MS Round and other sectional products as per order. The Company also engages in trading of Mild Steel Billets, Cement and Clinker, Charcoal and TMT & Structural Re-Bars. The Company`s products are broadly categorized as the Re-bars in the steel industry. The main application of products currently being manufactured are used in the infrastructure and construction industry. The company`s existing manufacturing unit is an ISO 9001:2008 certified from BSCIC Quality Management Systems. The products that it manufacture, conforms to the Indian Standards Institute (ISI)Standard. The necessary license has been obtained from the Bureau of Indian Standards (BIS). The Company is having an installed capacity of 75000 TPA for TMT Re-bars rolled products and 24000 TPA for structural Re-Bars. Initially, the Company was set up as a manual rolling mill to manufacture Mild Steel Re-bars, Viz Ribbed, Round, Flat and square Re-bars of various size ranging from 5.5mm to 20mm dia. In the year 2004, the Company added one more vertical to its manufacturing process to manufacture Structural Re-bars viz: Angle, Channels etc, by setting up an additional unit to manufacture structurals within the same compound. In the year 2006, the Company converted its manufacturing division into a semi-automatic rolling mill and added 2 continuous mill stands with DC drive and TMT processing unit. In the year 2009, the current promoters took over the management of the Company. In the year 2012, the Company launched product under the brand name of "RELICON" and started new vertical of trading of long products and other on B2B basis. The company envisages to modernize by upgradation and automation of TMT manufacturing facilities. It intend to convert semi-automatic rolling mill to fully automatic rolling mill by interalia replacing fiber mill stand to roller bearing mill stands and installing additional continuous mills stands.

Aanchal Ispat share price as on 17 Jul 2024 is Rs. 5.55. Over the past 6 months, the Aanchal Ispat share price has decreased by 33.37% and in the last one year, it has decreased by 59.84%. The 52-week low for Aanchal Ispat share price was Rs. 4.81 and 52-week high was Rs. 19.05.