Tag: Bhushan Steel Stock

Bhushan Steel Stock Closes 7.48% Higher on Rumors of Buy- Out by Vedanta

Mar 23, 2017

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The Bhushan Steel stock on Thursday rose up to 10 % on the rumors that Vedanta also might buy the debt-laden firm, as per media reports. Sajjan Jindal-led JSW Steel is also said to be in talks with lenders to buy Bhushan Steel, which has debt of around INR 30,000 to INR 33,000 crore. Lenders…