 "Steel Industry, JSW steel, Tata, steel, SAIL, Steel Authority of India ,ArcelorMittal, Nippon Steel, VTB Capital,Essar Steel,Numetal,Vedanta steel, Vedanta, Electrosteel Steels,Bhushan Power & Steel, METAL INDUSTRY")
Shares of Usha Martin hit a 52-week high of Rs 33 per share, up 12% on the BSE after the company announced on Monday that its board has decided to explore the sale of its steel business.
“The board of directors of the company decided to explore the sale of its steel business in order to achieve the objective of deleveraging the company,” Usha Martin said in a regulatory filing on Monday after the market hours.
The board reconstituted the committee of independent directors of the company to appoint investment banks, consultants and advisors to help evaluate proposals
“The board of directors of the company decided to explore the sale of its steel business in order to achieve the objective of deleveraging the company,” Usha Martin said in a regulatory filing on Monday after the market hours.
The board reconstituted the committee of independent directors of the company to appoint investment banks, consultants and advisors to help evaluate proposals
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