India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Vibhor Steel Tubes has received a new domestic order worth approximately ₹7.43 crore for the supply of metal crash barriers, further strengthening its presence in the road safety and infrastructure segment. The order has been placed by YNM Pan Global Trade under Purchase Order YNM/PO-348 dated 15 December 2025 and covers Vibhor Steel–branded W-beam metal crash barriers for domestic deployment.
The company clarified that neither its promoters nor group entities have any interest in the awarding entity, and the contract does not qualify as a related-party transaction under regulatory norms. This order adds to Vibhor Steel’s growing portfolio in the crash barrier segment, where it has recently secured multiple contracts from different domestic customers.
Vibhor Steel Tubes is engaged in manufacturing electric resistance welded (ERW) pipes and tubes, galvanised pipes, transmission line towers and metal crash barriers, with an installed capacity of around 3.77 lakh tonnes per annum across plants in Maharashtra, Telangana and Odisha. In Q2 FY26, the company’s standalone net profit rose 59.6% year-on-year to ₹1.42 crore on a 19.3% increase in net sales to ₹281.76 crore. Following the latest order announcement, the stock edged up about 0.8% on the BSE to around ₹135 per share.
Also Read : Air India & Tata Advanced Systems to invest ₹2,300 crore in Karnataka Saudi Aramco and Indian businesses are discussing investments
Aluminium prices on Monday declined 90 paise to ₹200.80 per kilogram in the futures market as partic...
Non-Ferrous 05-Feb-2024
According to a filing with a government-run companies registry, China has set up its third planned s...
China 27-May-2024
Rashmi Group, one of India’s leading industrial conglomerates, has announced a ₹10,000 crore i...
Construction 28-Oct-2025
Bokaro Steel Limited (BSL), a unit of Steel Authority of India Ltd (SAIL), has signed a licensing ag...
Construction 21-Nov-2025
China, the world's largest importer of iron ore, is likely to import between 1.170 and 1.180 billion...
Ferrous 08-May-2024
Tokyo Steel Manufacturing Co. Ltd., Japan's leading electric-arc furnace steelmaker, announced its d...
Large Corporate 19-Feb-2024