The stock slipped further to a low of Rs 368 and finally ended at rs 372 - up 2.2%. Around 37,000 shares were traded on the BSE today.
____________________________________________
(Updated at 1042 hrs)
Maharashtra Seamless has zoomed after bagging orders for oil and gas exploration projects.
The stock is trading at Rs 373, stronger by Rs 9 or 2.6%, on the BSE. It had opened at Rs 370, which was also the day's low, and has touched a high of Rs 379 thus far.
The company recently secured export orders for supplying 22000 MT seamless casing pipes, according to a filing with the BSE.
Maharashtra Seamless is a part of the Rs 4000 crore DP Jindal Group and a market lader in seamless pipes.