MoU5 Nov 2026, 06:42 pm
Manaksia Coated Metals Signs ₹210 Cr Export MoU
AI Summary
Manaksia Coated Metals & Industries Limited has signed a Memorandum of Understanding (MoU) worth ₹210 Crore with a European client. This agreement underscores the company's strong export performance, with previous exports totaling ₹603 Crore in FY26 and ₹397 Crore in H1 FY27. The MoU is expected to further strengthen the company's global footprint and customer relationships, supporting higher utilization of its value-added coated steel products. The company is also undertaking capacity expansions and technology upgrades to meet growing domestic and international demand.
Key Highlights
- Signed export MoU worth ₹210 Crore with a European client.
- Previous exports reached ₹603 Cr in FY26 and ₹397 Cr in H1 FY27.
- Expands global footprint by entering four new markets in H1 FY27.
- Capacity expansion and technology upgrades are underway.
- Strengthens long-term customer relationships and potential for repeat orders.
Price Impact
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