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Admirable Advisory Services buys 10.30 lakh shares of Adhunik Industries

21 Jan 2015 Evaluate

Admirable Advisory Services LLP has bought 10.30 lakh shares of Adhunik Industries through open market route. The shares were purchased on an average price of Rs 154 valuing the transaction to Rs 15.86 crore. On the other hand, Padmalaya Advisory Services LLP has sold 10.37 lakh shares of the company for an average price of Rs 154.01 through open market route.

Adhunik Industries currently makes rolled steel products, mainly TMT bars, rounds and wire rods, at its rolling mill that has a capacity of 2.22 lakh tonne a year at its plant at Durgapur in West Bengal.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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