Rama Steel soars after inking strategic pact with Onix Renewable for solar projects

Rama Steel Tubes zoomed 8.37% to Rs 11.40 after the company announced a strategic collaboration with Onix Renewable for provide steel structures for latter's solar projects. Operating in the domain of green and renewable energy, this partnership will focus on leveraging the expertise of RAIMA Steel Tubes to provide steel structures along with single-axis trackers, and will also focus on dual-axis trackers to be expanded in the future essential for solar projects undertaken by Onix Renewable. Click here to connect with us on WhatsApp "RSTL has expanded its expertise and developed specialised steel structures and tracker tubes which will serve as the backbone for greenfield solar projects. We are proud to announce our entry into the Green Energy segment and are determined to deliver products that ensure the highest standards of reliability, durability, and performance, which are critical to the long-term success of solar greenfield projects, the company said in a statement.

Read more