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Source: SEBI
Sky Alloys and Power Limited is a steel manufacturing company based in Raigarh, Chhattisgarh, producing products such as Sponge Iron, Mild Steel Billets, Ferro-Alloys, and TMT bars. The company has expanded its production capacities significantly and has a power generation capacity of 16 MW from its captive power plants.
The domestic steel industry is expected to grow at a CAGR of 7.5-8.5% from fiscal 2025 to 2030, driven by demand from infrastructure and construction sectors. The government has allocated ₹11 trillion for infrastructure development in budget 2025-2026.