MoneyWorks4Me

Earc Trust sells 37.83 lakh shares of Bhushan Steel

01 Nov 2017 Evaluate

Earc Trust SC has sold 13,80,072 shares of Bhushan Steel at Rs 67.53 per share on the BSE and sold 24,03,517 shares at Rs 67.30 per share on the NSE on October 31, 2017.

Bhushan Steel is one of the prominent players in the Indian Steel industry. Backed with more than 27 years of experience, the company is India's 3rd largest Secondary Steel Producing Company with an existing steel production capacity of 5.6 million ton per annum.


Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 179.10
Steel Authority 174.00
Jindal Stainless 732.40
APL Apollo Tubes 2119.90
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