Edition:
India

Bhushan Steel Ltd (BSSL.NS)

BSSL.NS on National Stock Exchange of India

34.40INR
21 Jun 2018
Change (% chg)

Rs0.25 (+0.73%)
Prev Close
Rs34.15
Open
Rs34.40
Day's High
Rs35.40
Day's Low
Rs34.00
Volume
939,002
Avg. Vol
3,855,235
52-wk High
Rs82.85
52-wk Low
Rs21.10

Latest Key Developments (Source: Significant Developments)

Tata Steel Is Said to Seek Loan for Bhushan Steel Asset Purchase - Bloomberg
Thursday, 17 May 2018 

May 17 (Reuters) - :TATA STEEL LTD PREPARING A 115 BILLION RUPEE ($1.7 BILLION) LOAN TO HELP FUND ITS PURCHASE OF ASSETS FROM BHUSHAN STEEL LTD - BLOOMBERG, CITING SOURCES.  Full Article

Tata Steel Exec Says Co Hopes To Achieve 100 Pct Ramp Up Of Bhushan Plant In Next Couple Of Years
Wednesday, 16 May 2018 

May 16 (Reuters) - Tata Steel Ltd Executive Director and CFO Koushik Chatterjee::EXEC SAYS HOPE TO ACHIEVE 100 PERCENT RAMP UP OF BHUSHAN PLANT IN NEXT COUPLE OF YEARS.TATA STEEL EXEC SAYS THERE IS POTENTIAL TO TAKE CAPACITY OF BHUSHAN STEEL PLANT FROM 5 TO 8 MILLION TONNES.TATA STEEL EXEC SAYS BHUSHAN POWER'S COMMITTEE OF CREDITORS HAS NOT SAID ANYTHING TO CO.TATA STEEL EXEC SAYS CAPEX FOR CURRENT FY WILL BE AROUND OR OVER 80 BILLION RUPEES.  Full Article

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Tata Steel completes $5.2 billion purchase of bankrupt Bhushan Steel

India's Tata Steel Ltd said on Friday it had completed the acquisition of a 72.7 percent stake in Bhushan Steel Ltd, which was in bankruptcy court over unpaid loans.