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The stock gained in eight out of nine trading sessions of the current month, as compared to nearly 2% decline in the S&P BSE Sensex.
Shah Alloys on March 1, informed the stock exchange that Bank of Maharashtra and Punjab National Bank, had assigned their entire outstanding debts to INVENT. Subsequently, the company agreed for a settlement with INVENT in respect of credit facilities availed by the it and settled the amount to be paid upto March 15, 2023 and March 15, 2014, respectively.
Till 12:31 pm; a combined 18,947 equity shares changed hands and there were pending buy orders for 97,630 shares on the BSE and NSE. The S&P BSE Sensex was trading 0.74% or 249 points lower at 33,608.