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NewMalayalam Steel is engaged in the business of manufacturing galvanised pipes and tubes that are used for building the roofs to reduce heat and avoid leakage. Owing to the consistent efforts of its Promoters, it has been able to create a brand presence in Kerala, under the name of ‘Demac Steel’. Its products find extensive application in the general households of Kerala.
NewMalayalam Steel major competitors are Apollo Pipes, Hariom Pipe Inds., Prakash Pipes, Captain Pipes, Texmo Pipes & Prod..
Market Cap of NewMalayalam Steel is ₹51 Crs.
While the median market cap of its peers are ₹1,052 Crs.
NewMalayalam Steel seems to be less financially stable compared to its competitors.
Altman Z score of NewMalayalam Steel is 3.85 and is ranked 5 out of its 6 competitors.
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