FII-backed stock in focus after receiving BIS approval - Check details

Shares of Rathi Steel and Power Ltd, which owns and operates a 2 lakh tonnes steel plant in Uttar Pradesh, are in focus today as the company has informed exchanges that it has secured permission from the Bureau of Indian Standards (BIS) to use the standard mark on its SS 550  and SS 500 reinforcement bars under title of “High Strength Deformed Stainless Steel Bars and Wires for Concrete Reinforcement.”

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