Bengaluru, July 27 -- which is an Indian steel manufacturing company specializing in thermo-mechanically treated (TMT) steel bars and round bars for the construction sector, gained focus after license approval

With a market capitalization of Rs 2,310 crore, Rhetan TMT Ltd's stock on Monday made a day high of Rs 30.22 per share, up by 6.7 percent from its previous day's close price of Rs 28.30per share. The share of the company gave a return of 419 percent since its listing in 2022 on BSE.

Licence Details

Rhetan TMT Limited has received the Bureau of Indian Standards (BIS) licence to manufacture Fe500D, Fe550, and Fe550D grade Thermo Mechanically Treated (TMT) bars. These are high-strength and high-ductility steel products widely used i...