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Goodluck Steel Tubes to Debut on NSE

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New Delhi: BSE-listed Goodluck Steel Tubes, a company that makes engineering products, today said it has got approval from National Stock Exchange (NSE) to list its shares on the country's leading bourse.

In a BSE filing, it said the shares of the company would be listed on NSE on January 8.

"The listing of shares in yet another leading exchange reflects the management's well-established policy of being and becoming more investor-friendly and helping them to trade in both the premier exchanges of the country," the company said.

Goodluck Steel Tubes was listed on the BSE in 1995. It had clocked Rs 1,001 crore turnover in the last fiscal.

"The NSE approval for listing the shares is yet another milestone in the history of the company. Besides ensuring a bigger platform for our valued investors, this will also add to their confidence," said company Chairperson M C Garg.

Shares of the company today settled at Rs 68.95 apiece on the BSE, down 2.82 per cent over the previous closing.

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