The proposed silos would be built in two modes: DBFOO and DBFOT (Design, Build, Finance, Operate and Transfer), wherein the private entities are responsible for construction and operation of the modern silos for a pre-defined period.

Tender for construction of modern steel silos under DBFOO mode to open on October 31

The silos at 249 locations across 12 states would be constructed in three phases over next three-four years

FCI to construct 111.12 lakh mt modern steel silos at ₹9236 crore investment

Note that modern steel-making is hugely knowledge-intensive; many of the high-grade steels in use today were quite unheard of just a decade or two ago.

Odisha’s new steel plant: Big, green

BRIEF-Modern Steel Says Workers Have Gone On Flash Strike, Without Notice Since May 8

Centre plans to replace old system; no more approval for open sky storage

‘Modern steel silos to store foodgrains from 2025’

Hasn't fared well - amongst the low performers

Performance

Can be considered moderately valued vs the market

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Modern Steels is engaged in the principal business of alloy bars/rounds, non-alloy bars/rounds and auto components

Modern Steel Ltd