Bhushan Steel is currently trading at Rs. 60.50, up by 10.05 points or 19.92% from its previous closing of Rs. 50.45 on the BSE.
The scrip opened at Rs. 50.10 and has touched a high and low of Rs. 60.50 and Rs. 49.00 respectively. So far 536497 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 462.80 on 09-Jun-2014 and a 52 week low of Rs. 49.00 on 04-Jun-2015.
Last one week high and low of the scrip stood at Rs. 60.50 and Rs. 49.00 respectively. The current market cap of the company is Rs. 1370.41 crore.
The promoters holding in the company stood at 59.10% while Institutions and Non-Institutions held 5.42% and 35.48% respectively.
Bhushan Steel’s lenders have agreed to restructure the loans and extend the tenure of the loans to 25 years from 8 years earlier under the Reserve Bank of India's (RBI) 5:25 scheme.
Bhushan Steel, formerly known as Bhushan Steel & Strips, is one of the leading players in the steel industry with steel making capacity of 2.2 Million Tonnes Per Annum (MTPA).
