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Vidarbha Iron and Steel Corporation Limited
Sector:Steel Steel - Pig Iron / Sponge Iron
Market Lot: 50Face Value: 10ISIN Demat: INE392D01017
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Business Profile
Vidharbha Iron & Steel Corp (VISL) manufactures computer hardware including floppy disc and HC media, and its steel unit comprises steel melting shop and rolling mill unit. Manufacturing plant of the company is located at MIDC Industrial Area, Nagpur.

The company announced rise of 186.36% in standalone net profit on y-o-y basis to Rs 0.63 million, while total income climbed 4,424.19% y-o-y basis to Rs 28.05 million for the quarter ended March 2011.

Recent Developments
Novopan Industries announced that there was an incident of fire at the Shadnagar manufacturing unit of the company on Mar. 12, 2010 at around 1:30 pm and the stock of wood, which

Future Plans
The gold-mountings manufacturing project at the SEZ near Surat in Gujarat is expected to commence production and export by third quarter of FY09.

In Brief

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