Bhushan Steel has reported a net profit of Rs 277 crore in the third quarter of FY12 as against Rs 280 crore in a year ago quarter.
Net sales jumped 24% to Rs 2,407 crore in the quarter ended December FY12 versus Rs 1,943 crore in the corresponding quarter of last fiscal.
The company's board members approved raising up to Rs 700 crore via rights issue.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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