Tayo Rolls Ltd
Tayo Rolls | 504961
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About Company
- Tayo Rolls Ltd (TAYO) promoted by Tata Steel in collaboration with Yodogawa Steel Works and Nissho Iwai Corporation, Japan, to produce steel, steel base and cast iron rolls to meet the cast roll requirement of TISCO and the domestic market
- TAYO is India's largest roll producer and has been supplying rolls to all the major integrated steel plants, steel rolling mills, the paper, rubber, textile and food processing industries, the mint and other non-ferrous rolling units in the country
- It has a 50% share in the domestic market
- TAYO has also developed a number of import-substitute rolls
- It exports its products to countries like Srilanka, Singapore, Vietnam, Qatar, Saudi Arabia, Philippines, the UAE, Iran, South Africa and the US
- To keep pace with the changing market and rolling practices, TAYO launched a comprehensive modernisation programme in 1990-91 (cost: Rs 25 cr) under which it introduced state-of-the-art technology to manufacture double-poured rolls through the centrifugal casting process
- The technical know-how for the process was obtained from Eisenwerk Sulzau-Werfen (ESW), Austria, Europe's leading roll manufacturer with a fine export record
- The centrifugal casting machine imported from the US was commissioned during 1992-93
- After modernisation, the capacity has increased to 9750 tpa of rolls
- It is now being augmented to meet the growing demand for rolls as a result of the growth in the steel industry
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Frequently Asked Questions
What is Share Price of Tayo Rolls Ltd?
The current share price of Tayo Rolls Ltd (Tayo Rolls) is ₹89.40. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Tayo Rolls Ltd?
Tayo Rolls Ltd has a 52-week high of ₹94.78 and a 52-week low of ₹83.00. This range shows the stock's price volatility over the past year.
What is the ROE of Tayo Rolls Ltd?
Tayo Rolls Ltd has a Return on Equity (ROE) of 0.00%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
