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BUZZ-India's Visa Steel climbs as RBI raises foreign investment limit
October 16, 2017 / 4:05 AM / a month ago

BUZZ-India's Visa Steel climbs as RBI raises foreign investment limit

** Shares of iron and steel products maker Visa Steel Ltd surge as much as 16.5 pct, their highest since Aug. 21

** Stock posts biggest intraday pct gain since Sept. 25

** Reserve Bank of India raised FII investment limit in company to 74 pct on Friday

** Up to Friday’s close, shares in Visa Steel had risen 7.4 pct this year

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