Parkiet daily reports that JSW Steel Limited (BSE:500228) is mulling acquisition of PBSz shaft building firm from Kopex S.A. (WSE:KPX). The purchase could be in line with the plan to increase the scope of JSW's competence in the segment of preparatory work, which is to be included in the group's new strategy. Kopex does not rule out selling the firm, may also decide that it should remain a part of Famur and develop within the group, as condition of the market PBSz operates in is good and so is the financial standing of the firm.
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921.3 INR | +1.06% | +4.90% | +4.65% |
10/06 | Indian Equities End Lower on Monday, Mainly Weighed Down by IT Stocks | MT |
10/06 | JSW Steel Logs 4% Drop in May Consolidated Crude Steel Output | MT |
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1st Jan change | Capi. | |
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+37.80% | 12.31B | |
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+3.28% | 10.1B | |
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-12.26% | 5.92B |
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