JSW Steel shares decline by over 2%
DSIJ Intelligence / 20 Jul 2017
JSW steel shares declined by over 2% as the JSW Group reported on Wednesday that the group is looking for acquisition opportunities among the troubled steel companies.
During Thursday’s trading session, JSW steel shares declined by over 2% as the JSW Group reported on Wednesday that the group is looking for acquisition opportunities among the troubled steel companies.
As per a leading news agency, they also mentioned that the group will file a revised proposal to acquire Monnet Ispat and Energy Ltd, Parth Jindal, and they may also consider Bhushan Steel and Essar Steel if offered at the “right price”.
The group is eyeing to raise its capacity to 40 million tonnes from 16 million tonnes over 8 to 10 years.
The stock was trading at Rs 215.50 on BSE at 1323 hours. It opened at Rs 220.35. It touched its intraday high and low at Rs 220.40 and Rs 214.25 respectively.
The stock attracted total traded volume of 23,72,598 shares and traded value of Rs 5,143.32 lakh on NSE at 1334 hours.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.