Corporate

Bhushan Steel pares gains, ends flat

The stock pared all its gains and finally ended flat at Rs 1,341. The counter clocked volumes of 79,706 shares as compared to the two-week daily average traded volumes of 90,915 shares on the BSE. ___________________________________________ US markets end in the green (Updated at 1037hrs) Bhushan Steel has advanced as the company ties up with Sumitomo Metals, Japan"s third largest steel producer. The stock has opened at Rs 1,347 and soared to a high of Rs 1,354. The stock is now trading at Rs 1,351, up 1% from its previous close. The counter has clocked volumes of 9,273 shares on the BSE so far. The company had signed two agreements with Sumitomo Metals for technical know-how and marketing for selling products from the Orissa plant.


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