Suraj Stainless successfully installed and commissioned the new piercing mill to manufacture of stainless steel mother hollow, from stainless steel round bar, which is the raw material for their seamless plant.
This will help company for faster delivery for their product by not depending much on imports of the same and it is first in India by this process.
Recently the company appointed Bipin Prajapati as whole-time director and Nimish Shah as an independent director of the company to its board of directors.
Shares of the company lost Rs 1.15, or 0.39%, to close at Rs 290.75 at the BSE. The total volume of shares traded was 14,587 (Friday).