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Sambhv Steel Tubes shares surge 8%, rally up 24% in two days

Sambhv Steel Tubes Ltd shares rose more than 8% Monday, extending a sharp rally to 24% over two days, with volumes several times their recent average. Investors are focused on the company’s steel expansion plans and a proposed Rs 100-crore.

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Shares of Sambhv Steel Tubes Ltd rose more than 8 percent on Monday, building on the previous session’s surge to a 24 percent gain in two days. Trading volumes climbed to several times their recent average as investors focused on the steelmaker’s expansion plans and proposed Rs 100-crore…