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Remi Edelstahl Tubulars Limited gains 11.42%, securing Rs 60.25 crore order for stainless steel tubes

28-Oct-26 12:05Hrs IST

Remi Edelstahl Tubulars Ltd. shares surge 11.42% to Rs 223.50 today, building on recent momentum that has seen the stock gain 9.10% over the last week.

Remi Edelstahl Tubulars Limited announced it has secured orders for stainless steel welded and seamless tubes valued at Rs 60.25 Crores from leading private heat exchanger manufacturers of thermal power generating equipment, representing a normal course of business transaction conducted at arm's length and not involving related parties. The company disclosed this information on October 28, 2026, in compliance with SEBI’s Listing Obligations and Disclosure Requirements.

Trading volume reached 7207 shares today, a decrease of 47.43% compared to the one-week average volume. Remi Edelstahl Tubulars Ltd surged by 60.04% year-over-year, outperforming the 12.39% loss recorded by the NIFTY50 index.

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