New Delhi, October 20 (Udaipur Kiran): Shares of VMS TMT Ltd edged higher after the company announced that it has received cumulative orders exceeding 10,000 metric tonnes (MT) from its distributors during the Diwali period. The orders, secured across its well-established network of distributors and dealers, mark a significant festive milestone and highlight the strong brand trust VMS TMT enjoys in the construction and infrastructure sectors.
The stock is currently trading at ₹71.22, up 0.23% or ₹0.16, compared to its previous close of ₹71.06 on the BSE. The scrip opened at ₹72.29 and recorded an intraday high and low of ₹72.29 and ₹69.33, respectively, with 60,889 shares traded on the counter so far.
The BSE Group ‘B’ stock, with a face value of ₹10, has a market capitalization of ₹352.48 crore. It has touched a 52-week high of ₹105.00 on September 24, 2025, and a 52-week low of ₹69.33 on October 20, 2025. Over the past week, the scrip has traded between ₹78.63 and ₹69.33.
The company’s promoters hold 67.18% of the equity, while institutions and non-institutional investors hold 5.25% and 27.57%, respectively.
According to the company, the surge in orders reflects the ongoing momentum in India’s infrastructure and housing sectors, bolstered by the government’s push toward large-scale construction projects and festive-driven retail demand.
VMS TMT is engaged in the manufacturing of TMT bars and also deals in various steel-related products, including billets, binding wires, and scrap. It additionally generates revenue from the sale of allied by-products that arise during the TMT manufacturing process.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
