FII investment in JSW Holdings reaches trigger limit

The Reserve Bank of India said that foreign institutional investors investment in JSW Holdings has reached trigger limit, reported a leading business daily.

Sep 26, 2017 01:09 IST India Infoline News Service

The Reserve Bank of India said that foreign institutional investors investment in JSW Holdings has reached trigger limit, reported a leading business daily.
 
The stock of JSW Holdings was heading northwards during Tuesday’s trade on the BSE. It was trading at Rs 1,900 per share, up by Rs 29.50 or 1.58% as at 1211 hours on Tuesday, on the BSE. The stock hit an intraday high and low of Rs 1905.45 and Rs 1,899.95, respectively.
 
The stock attracted a traded volume of 464 shares and traded value of Rs 8.82 lakh on the NSE. The company had hit its 52-week high of Rs 2010 on September 11, 2017 and 52-week low of Rs 1150 on November 9, 2016, on the NSE.
 
JSW Holdings Limited is a Core Investment Company. The company is engaged in investing and financing. The company's products and services include dividend, interest and pledge fees. It grants loans/advances and provides guarantees/ securities to only its group companies.

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