Announced Fri, 17 Apr · 22:36 IST
Rathi Steel wins CII GreenPro ecolabel for TMT rebars
Business Updates View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+8.7%1-day move
₹21.36
prior close
₹22.74
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.2-1.6-1.9-1.1+8.7+8.1+7.7+3.0+4.2+0.6-3.1-15.7-10.2+11.7
Up moveDown movePending
AI summary
Rathi Steel & Power has been awarded the GreenPro ecolabel certification by CII for its Fe 550 Grade TMT rebars made at its Ghaziabad unit. The certification helps customers earn credits for green building ratings like LEED and IGBC. RSPL, founded in 1971, has melting capacity of ~85,000 tonnes/year and rolling capacity of 2,00,000 tonnes/year. In FY25, it posted revenue of ₹505.43 Cr, EBITDA of ₹24.31 Cr, and PAT of ₹13.95 Cr, with FY26 revenue crossing ₹715 Cr.
Likely market impact
Positively positions the brand in green building and infrastructure segments; may attract eco-conscious buyers. Limited near-term financial impact expected.