Visa Steel shines 16.5% on hike in FII limit

Reuters | Updated on January 08, 2018

Shares of Visa Steel climbed as RBI has raised the foreign investment limit in the company to 74 per cent.

Shares of iron and steel products maker Visa Steel Ltd surged as much as 16.5 per cent, their highest since August 21.

The stock posted its biggest intraday percentage gain since September 25.

Up to Friday's close, shares of Visa Steel had risen 7.4 per cent this year.

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Published on October 16, 2017
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