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CRB Mutual Fund sells 1.53% stake in Ashirwad Steels

20 Mar 2014 Evaluate

CRB Trustee A/C CRB Mutual Fund has offloaded 1.53% stake in Ashirwad Steels and Industries for Rs 5.80 lakh. CRB has sold 0.19 million shares at a price of Rs 3.01 on the BSE.

As on December 31, 2013, the promoters holding in the company stood at 44.38% while Institutions and Non-Institutions held 0.07% and 55.55% respectively.

Ashirwad Steels manufactures and supplies sponge iron used in manufacturing finished steel. Under its bottling business, the company is engaged in bottling of hydrocarbon gas and liquefied petroleum gas (LPG).

Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 183.75
Steel Authority 174.65
Jindal Stainless 744.25
APL Apollo Tubes 2163.50
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