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Vardhman Special Steels Ltd. Stock Analysis VSSL.NS
Vardhman Special Steels Ltd. engages in the manufacture and distribution of steel bars, rods, bright bars of special and alloy steels. The company is headquartered in Ludhiana, Punjab and currently employs 1,247 full-time employees. The company went IPO on 2012-05-17. The firm is engaged in producing high-grade billets and hot-rolled bars for varied applications in engineering, automotive, tractor, bearing and allied industries. The company has one operating segment, namely Manufacturing of Steel products and operations. The company produces a variety of steels in terms of type and size. The firm offers products, such as hot rolled, round corner square, peeled and reeled bars, peeled and ground bars, drawn and ground bars, and heat treatment bars. The firm also offers Carbon Steel, Carbon Manganese Steel, Case Hardening Steel, Chrome Steel, Nickel Chrome / Nickel Chrome Moly Steel, Through Hardening Steel, Boron Steel, Micro Alloyed Steel, Vanadium Steel, Nitriding Steel, Ball Bearing Steel, Free/Semi Free Cutting Steel, Spring Steel and High Titanium Steel.
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Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.