JSW to buy 35% stake in MG Motor India
China's SAIC Motor and JSW joint venture will pursue the development of the electric vehicle (EV) ecosystem in India.
jsw group
November 2023
October 2023
September 2023
August 2023
July 2023
May 2023
April 2023
This newly listed stock hits 10% upper circuit on strong Q2; up 59% from IPO price
The largecap stock, which made its debut on October 3, 2023, rose 10% to touch a fresh all-time high of ₹188.75 on the BSE today.
JSW’s Man Of Steel
Sajjan Jindal has steered JSW Steel through domestic and global headwinds, increased capacity and acquired new businesses, to turn the company into the country’s largest steelmaker.
JSW Infrastructure shares list at 20% premium over IPO price
Post listing, the shares of the ports arm of Sajjan Jindal-led JSW Group gained 28.4% to hit a high of ₹152.8 on the BSE and NSE, while the m-cap rose to ₹31,920 crore.
JSW Infra IPO opens today; should you subscribe?
Many analysts recommend a "subscribe" rating to IPO, based on the company's strong financial performance and valuation
JSW Energy sinks 4% on stake sale by promoter; GQG Partners buys shares
JSW Investments sold 2.1 crore equity shares, or 1.28% stake in JSW Energy, at a price of ₹341.7 per share through open market transactions
JSW, Tata in race to build steel capacities; ArcelorMittal-Nippon not far behind
JSW Steel targets 37 MT a year capacity by March 2025, while Tata Steel wants to double to 40 MT by 2030
JSW Infrastructure files DRHP with SEBI to raise up to ₹2,800 cr via IPO
The O.P. Jindal Group company intends to use IPO proceeds to retire its debt as well as to fund its capacity expansion projects.
JSW Group refutes picking up stake in MG Motor, BYD India
A day earlier, a source of JSW Group told Fortune India that negotiations are on with multiple car markers but nothing has been finalised.
"Negotiations are on": JSW on picking up stake in MG Motor, BYD
India's biggest steel maker is in negotiations with Chinese carmakers to acquire a stake, as the latter finds it difficult to raise fresh funds amid increased scrutiny of fund inflows from Beijing
