Steel Exchange India Ltd (SEIL), Vizag Profiles group's flagship since 1999, secured a significant ₹210 crore conversion contract from RINL. SEIL will convert 1.20 lakh tons of billets annually into Vizag Steel TMT rebars at its rolling mill for two years, with a one-year extension option. The stock is up by 55% from its 52-week low of ₹7.16 per share.