22
Aug
01:00
Bhushan's woes continue as steel majors see share price slip
India’s Bhushan Steel’s woes continue unabated, Kallanish observes. The steelmaker announced to the Bombay Stock Exchange (BSE) on Monday that V. K. Mehrotra, a non-executive director, has resigned from the board of the company due to falling health.
The company’s share price fell to yet another new 52-week low on the BSE on Monday ending at Rs118.15 ($1.95) nearly 5% down on the day. The shares had fallen by 22.6% during the previous week …
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Anonymous
Very good overview of the weekly steel market.
Anonymous