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IL&FS Financial Service sells 22.56 lakh shares of Bhushan Steel

23 Jun 2017 Evaluate

IL&FS Financial Service has sold 22.56 lakh shares of Bhushan Steel on June 22, 2017. The company has sold the same at Rs 74.92 on the NSE.

Bhushan Steel is the largest manufacturer of auto-grade steel in India Bhushan Steel, with a large amount of debt in proportion to its equity, is a highly leveraged company.

Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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