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Production Started

Newmalayalam Steel Production Started

Newmalayalam Steel announced the commencement of commercial operations at its subsidiary, Prime NMS Private Limited, located in Udupi, Karnataka, effective September 10, 2026.

Source

NSE filing, NSE: NMSTEEL. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Newmalayalam Steel Ltd: key numbers

Share price
₹20.25
Market cap
₹35.01 Cr
Revenue (annual)
₹319.9 Cr
Net profit (annual)
₹7.03 Cr
P/E (TTM)
5.0×Sector 16.7×
Promoter holding
73.23%
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Subros Production Started

Subros commenced commercial production at its new greenfield HVAC and Hose & Tubes plant. The 4.5 lakh units/annum capacity required ₹150 Crore investment.

Value
₹150.0 Cr
HVAC and Hose & Tubes / air-conditioning system production capacity
450000 units per annum