Australia's Bisalloy steel gains on increase in HY profit

Bisalloy Steel

28/02/2024 04:01

** Shares of Bisalloy Steel Group  BIS.AX  rise as much as
5.1% to A$2.680
    ** Stock set for best day since Feb. 21, if gains hold     
    ** Alloyed steel maker says HY profit from ordinary
activities after tax attributable grew almost 19%
    ** 74,549 shares change hands, compared with the 30-day
average volume of 44,866
    ** BIS up 12.3% YTD, as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))