Bhushan Steel - Worth Catching a falling knife?

Yes Bhupesh,

Neeraj Singhal is wrangling over 100 Cr debt but had no qualms in buying a 200 Cr property.

A typical case of fund diversion n siphoning n typical punjabi pappy business man attitude of Key Farak Painda Hai.

What will happen to these PSU banks with such a heavy exposure? Seems For Bajaj Finance also Bhushan is a major NPA as the share price was also manipulated for a long time to take LAS n then scamper .

We need to list down leanings from these companies.