MSP Steel & Power board of directors will meet on March 31, 2012, to consider preferential issue of shares to promoters and non promoters.
This news led to rise in the shares of the company over 8% and touch the weekly high of Rs32.55. So far, over 0.10 lakh shares have traded on the BSE as against the two-week average volume of 0.14 lakh shares.
Net profit of MSP Steel & Power declined 73.33% to Rs5.07 crore on 43.53% rise in net sales to Rs174.22 crore in Q3 December 2011 over Q3 December 2010.
....more info
This news led to rise in the shares of the company over 8% and touch the weekly high of Rs32.55. So far, over 0.10 lakh shares have traded on the BSE as against the two-week average volume of 0.14 lakh shares.
Net profit of MSP Steel & Power declined 73.33% to Rs5.07 crore on 43.53% rise in net sales to Rs174.22 crore in Q3 December 2011 over Q3 December 2010.
....more info