Prakash Industries has announced that the company achieved the highest ever sales of around 2,72,142 tonnes of steel during the March 2021 quarter, recording a growth of 8.85% (Q-o-Q basis) and 31 .16% (Y-o-Y basis).
For full fiscal FY21, the Company achieved the highest ever sales of around 9,54,760 tonnes of steel, a growth of 3.13% over FY2019-20 despite disruptions due to the COVID-19 pandemic.
Also, in FY21, the company's DRI Production has been highest ever at 9,05,616 tonnes, recording a growth of 10.73% over FY2019-20.
At around 1.19 pm, Prakash Industries was trading at Rs86.85 per piece up by 7.02% on Sensex. The stock has hit a new 52-week high of Rs88.80 per piece in early deals.