17
Dec
00:00
Bhushan Steel share price hits new 12-month low
India’s Bhushan Steel will be looking forward to 2015, if only to see the back of 2014. The troubled steelmaker’s “annus horribilis” continued yesterday when its share price on the Bombay stock exchange plummeted to a new 52-week low.
In hitting the new low price of INR 84.75 ($1.33), the company’s shares have now lost 82% of their value in 12 months. On 17 December 2013 the share price hit above INR 480, Kallanish notes.
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Anonymous
Very good overview of the weekly steel market.
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