Share of Bhushan Steel Ltd(BSE -9.99%) remained under intense selling pressure so far in the month of August after CBI arrested Neeraj Singal, Vice Chairman and Managing Director of Bhushan Steel Ltd in connection with Rs.50 lakh bribery scandal involving CMD of Syndicate Bank S K Jain.
The stock plunged over 40 per cent including Frudat's 10 per cent intraday fall. The stock was locked in 10 per cent lower circuit at Rs 219.35.
The stock plunged over 40 per cent including Frudat's 10 per cent intraday fall. The stock was locked in 10 per cent lower circuit at Rs 219.35.
No comments:
Post a Comment