Bhushan Steel to invest Rs 28K crores in Karnataka

by khalid on 28/02/2010 · 0 comments

Bhushan Steel Limited, a fully integrated 1.5 Million TPA Steel making Company with turnover of INR3873 Crores (USD 950 Million) and 7 World Class ISO 9000 Certified State of the Art Plants at Chandigarh, Derabassi, Kolkata and Orissa in India. Bhushan Steel Ltd has informed the market (BSE) that the Company propose to set up a value added steel plant in the State of Karnataka with a production capacity of 0.6 million TPA with the total investment of approximately Rs 28000 Crores.

Share’s Data :-
BSE Code : 500055
Mkt. Cap : Rs 6794 Crores
P/E : 16.45
EPS (Rs) : Rs 97.20
Face Value : Rs 10
Last dividend : 25% in Jul 2009
52 Week H/L : Rs 1718.00 / 273.25
Bhushan Steel Ltd. share’s CMP is Rs 1598.75 on 26rd Feb 2010.

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