ArcelorMittal on Thursday said it has acquired another 4.9 per cent stake in steel maker Uttam Galva for an estimated Rs 750-800 million (Rs 75-80 crore), taking the total shareholding in the domestic firm to 33.8 per cent. "We have completed the acquisition of 4.9 per cent stake and now our total shareholding is 33.8 per cent in Uttam Galva," a company spokesperson said. ....this is the news everywhere , if it is confirmed then what are the implications ? Is it not confirmed that Mittal is very serious in Uttam Galva ?? Will the stock finally move up in a good way ...lets discuss friends and my fellow Uttam Galva shareholders ...
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nobody listened to me ..no one even bothered to even pen a comment ..yesterday i posted this message at 7 in the morning .... it rose more then 7 % ..... even now we can look into it ..LNM is steel !!!! what do u say guys
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