Electrosteel up on overseas issue

print   ·  

The Electrosteel Castings scrip, which rose 4 per cent to close at Rs 406 on the NSE, has gained in the wake of talk that the company has worked out an overseas issue. The stock, which is still some way off its 52-week peak of Rs 490, is however low on volumes. On Wednesday, less than 7,000 shares were traded, which, according to investment circles, is indicative of relatively poor trading interest.

Nilanjan Dey

(This article was published in the Business Line print edition dated May 18, 2006)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.



Recent Article in MARKETS

Repo rate cut: it’s good news for mutual fund industry

Investors should continue to stay invested indebt funds »

Comments to: Copyright © 2015, The Hindu Business Line.