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Tata Steel BSL to list commercial paper at BSE for issue size of Rs 300 crore

27 Dec 2019 Evaluate

Tata Steel BSL has made an application to list Commercial Paper at BSE for an Issue Size of Rs 300 crore. Post process, the effective date of listing for the same at BSE is December 27, 2019.

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

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.00
APL Apollo Tubes 2181.05
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