{"id":627732,"date":"2024-01-12T09:39:37","date_gmt":"2024-01-12T04:09:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=627732"},"modified":"2024-01-12T10:17:27","modified_gmt":"2024-01-12T04:47:27","slug":"kalyani-steels-zooms-20-on-winning-bid-for-kamineni-steel-power-assets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/kalyani-steels-zooms-20-on-winning-bid-for-kamineni-steel-power-assets\/","title":{"rendered":"Kalyani Steels zooms 20% on winning bid for Kamineni Steel &amp; Power assets"},"content":{"rendered":"<p>Shares of Kalyani Steels (KSL) hit a new high of Rs 623.75, zooming 20 per cent on the BSE in Thursday\u2019s intra-day trade backed by heavy volumes on acquisition of assets of Kamineni Steel &amp; Power for a cash consideration of Rs 450 crore. In past two trading days, the stock has rallied 24 per cent. Since April, thus far in the financial year2023-24, the stock has appreciated 111 per cent. <\/p>\n<p>In an exchange filing KSL on Wednesday after market hours informed that the company was declared as a successful bidder for acquisition of assets of Kamineni Steel &amp; Power India Private Limited (In Liquidation).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Kalyani Steels (KSL) hit a new high of Rs 623.75, zooming 20 per cent on the BSE in Thursday\u2019s intra-day trade backed by heavy volumes on acquisition of assets of Kamineni Steel &amp; Power for a cash consideration of Rs 450 crore. In past two trading days, the stock has rallied 24 per cent. Since April, thus far in the financial year2023-24, the stock has appreciated 111 per cent. In an exchange filing KSL on Wednesday after market hours informed that the company was declared as a successful bidder for acquisition of assets of Kamineni Steel &amp; Power [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-627732","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/627732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=627732"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/627732\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=627732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=627732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=627732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}