JSW Steel will invest Rs 3,300 crore in the proposed plant in the first phase.
Tech Mahindra (+5.55%) is the top gainer , registering over a 5% uptick.
The company’s rolled products (flat) production stood at 14.24 lakh tonnes in January 2023.
Because this metal is a proven inflation hedge, it is an appealing investment option during times of economic uncertainty.
The transaction was on January 31, 2023.
On the upside, Welspun Corp surges near 1.5% amidst the gloom in the sector.
On a positive note, Welspun Corp surged over 2% being the top performer.
JSW Steel Indian Operations logged crude steel production of 6.06 million tonnes.
Monnet Power will get its coal from JSPL's Uktal B1 and B2 mines.
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