Rama Steel Tubes Joint Ventures with PPCPL

Rama Steel Tubes Joint Ventures with PPCPL

CSB House, India’s leading stock broking company, announced the launch of SIC Robo, the first-of if its-kind free mobile app which is powered by Artificial Intelligence for stock traders. Created with a vision of revolutionising the Indian Stock Market the app aims to be the future of trading on Indian stocks.

Designed with an objective to help investors and traders in a holistic manner, the artificial intelligence powered SIC Robo app enables investors to track and guide their investments on the Indian stock market, create own watch lists of stocks and use a fully equipped chatbot located at the heart of this app for that not only provides news and information at lightning fast speed but also facilitates trading. Thus providing access to the Indian stock market in a chat. SIC Robo is also equipped with a practice account for users to get hands on experience of the app before hitting the actual market. Upon signing up, users get Rs. 10 lakh as dummy money to practice trading. Additionally, the stock news on SIC Robo is powered by Live Squawk, a globally renowned financial and economic news service, specializing in up-to-the-second broadcast reports and headlines.

Sidharth Handa, the man behind the app and the CEO of SIC Stocks and Services Pvt. Ltd., said,“The world is getting faster and faster. From booking a cab to ordering groceries, everything is happening on-the-go. Why should the Indian trading scene be left behind? With SIC Robo, we intend to make finance news, stock analysis, and trading accessible and convenient for traders all over.”

Rama Steel Tubes Limited pioneer in the steel tubes industry and well established strong brand known for its high quality having two state of art manufacturing facilities in Sahibabad and Khopoli with a total installed capacity of 1,32,000 MT, has won two new prestigious orders of supply and erection of transmission lines for rural electrification, in its joint venture company – Pir Panchal Construction Private Limited (PPCPL).

Two new orders won by Pir Panchal Construction Pvt. Ltd. – a joint venture Company of Rama Steel Tubes Ltd. Rama Steel holds 25% stake in PPCPL
Orders awarded by Uttarakhand Power Corporation Ltd. and Himachal Pradesh State Electricity Board, amounting to Rs. 288 crore
Scope of work includes Supply and Erection of transmission lines for rural electrification. Orders to be executed within 24 months
Commenting on this, Richi Bansal, CEO, Rama Steel Tubes Ltd. said, “We are very pleased to inform that PPCPL, our joint venture company, has been successfully bagging prestigious orders in the area of supply & erection of transmission lines in India. The joint venture has already executed orders worth more than Rs. 150 crore over last three to four years. With the strong focus of the government towards electrifying the length and breadth of the country, we feel this joint venture has a bright future ahead.“

here is company details.

 

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