Shares of JSW Steel jumped over 4.4% on Friday to hit their day’s high of Rs 835.60 on the NSE after the company announced incorporating a wholly-owned arm JSW Green Steel Ltd for the manufacture of hot-rolled and cold-rolled steel products. The stock also breached the Rs 2 lakh crore market capitalisation mark in the … Read more
Despite weak global cues, benchmark indices rallied to close at fresh highs on Thursday. The 30-share Sensex climbed 339 points to settle at 65,785, while the broader Nifty jumped nearly 100 points to end at a fresh high of 19,497. Stocks that were in focus include names like Hindustan Zinc, which gained 8.22%, Marico, which … Read more
New Delhi: JSW Steel on Friday said its board has approved plans to raise funds up to Rs 17,000 crore through the issuance of various securities and tap the international markets to mop up USD 1 billion. According to a regulatory filing, an amount totalling Rs 17,000 crore is proposed to be raised through the … Read more