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Suraj’s promoters to acquire 4.49% stake from open market

05 Nov 2013 Evaluate

Suraj’s promoters are planning to acquire 4.49% of shares through open market. After acquisition shareholding of Promoter Group would be 74.90% of total shareholding.

Suraj Stainless, a Suraj Group company, was founded by Tarachand Balaji Shah in 1960. Suraj Group established has spearheaded the mini-revolution with the aim to be one of the market leaders in the country.

Peers
Company Name CMP
JSW Steel 1221.65
Tata Steel 172.30
Steel Authority 169.30
Jindal Stainless 733.35
APL Apollo Tubes 2067.80
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