Maharashtra Seamless secures Rs 474 cr ONGC order

New Delhi, Dec 26 (UNI) Maharashtra Seamless Ltd has bagged a Rs 474-crore order from state-owned Oil and Natural Gas Corporation Ltd (ONGC) for the supply of higher and smaller dia Seamless Casing Pipe.

''There is a robust demand for the seamless pipes and the trend is expected to continue with an overall excellent order book position,'' a company statement said today.

The company's two seamless mills are performing efficiently.

With the above, the total order book position of the company stands at Rs 800 crore for seamless pipes and Rs 50 crores for ERW Pipes.

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