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Cresta Fund buys 24.97 lakh shares of Visa Steel: Report

12 Feb 2014 Evaluate

Cresta Fund has reportedly bought 24.97 lakh shares of Visa Steel through open market route. The shares were purchased on an average price of Rs 16.50 valuing the transaction to Rs 4.12 crore. On the other hand, Gee Bee Securities has sold 25 lakh shares in the company for an average price of Rs 16.50 through open market route.

Visa Steel is a leading player in the Special Steel, Coke and Ferro Chrome industry in India with manufacturing facilities located at Kalinganagar Industrial Complex in Odisha.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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