|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||613.90 - 630.00|
|52-week range||152.60 - 644.00|
|Beta (5Y monthly)||1.20|
|PE ratio (TTM)||38.05|
|Forward dividend & yield||2.00 (0.32%)|
|1y target est||N/A|
Shares of JSW Steel Ltd rose as much as 5.12% on Tuesday after the steel company completed its purchase of a rival under a bankruptcy resolution law, paving the way for it to become the country's biggest steel producer. JSW Steel said https://bit.ly/3ryLFvj on Friday it would pay 193.50 billion rupees ($2.65 billion) to Bhushan Power and Steel's creditors. "With the acquisition of Bhushan and the upcoming commissioning of 5 million tonnes per annum (mtpa) brownfield expansion in the June quarter, JSW's India capacity will rise to 27 mtpa, making it the largest steel company in the country," analysts at Jefferies said in a note.
Indian shares ended lower on Monday as Reliance Industries fell to its lowest since August after a Singapore arbitration panel put its deal for Future Group assets on hold, while metal and auto stocks also contributed to losses. Reliance fell as much as 4.47% to its lowest level since Aug. 4, after Amazon.com Inc won an interim order in Singapore to pause Future Group's $3.38 billion asset sale to India's most valuable company. Amazon has alleged the deal breached the terms of its stake purchase in Future Coupons Ltd, which owns a 7.3% stake in Future Retail.