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Shares of JSW Steel, JSW Energy, and JSW Infra rise after dropping as much as 5% when Sajjan Jindal refutes rape claims.

livendtv.com by livendtv.com
18 December 2023
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Shares of JSW Steel, JSW Energy, and JSW Infra rise after dropping as much as 5% when Sajjan Jindal refutes rape claims.
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JSW Steel’s stock fell 3.62% on the BSE, reaching a low of Rs 836. As the session went on, the stock recovered most of its losses. Later on, it was trading for Rs 861.75, a 0.65% decrease.

Shares of JSW Steel, JSW Energy, and JSW Infra rise after dropping as much as 5% when Sajjan Jindal refutes rape claims.

JSW Energy fell to a low of Rs 414.75, down 4.52%. Later, it was trading at Rs 433.10 and had reduced losses to 0.30 percent. JSW Infrastructure fell to a 4.96 percent low of Rs 219.95.

JSW Steel’s stock fell 3.62% on the BSE, reaching a low of Rs 836. As the session went on, the stock recovered most of its losses. Later on, it was trading for Rs 861.75, a 0.65% decrease. JSW Energy fell to a low of Rs 414.75, down 4.52%. Later, it was trading at Rs 433.10 and had reduced losses to 0.30 percent. JSW Infrastructure fell to a 4.96 percent low of Rs 219.95. The stock decreased in value and closed at Rs 227.90, down 1.53 percent. JSW Holdings was down 1.05% at Rs 5,097.45 in trading. It had a low earlier today of 4,965.05.

 

“Mr. Sajjan Jindal refutes these erroneous and unfounded accusations. He promises to cooperate completely at all times.

share-price-364847″>JSW Energy’s stock has increased by 48% so far this year. Shares of JSW Infrastructure have increased 94% since going public on October 3. JSW Holdings’ stock has increased 17% year to date. JSW Steel has experienced a 12% increase over the same time frame.

 

According to the FIR, Jindal invited the woman to his office in the BKC neighborhood of Mumbai in January 2022, which is when the alleged rape incident occurred.

 

The complainant stated that she arrived at the location at approximately 7:00 p.m., and that Jindal then allegedly sexually assaulted her in the building’s penthouse. She also claimed that Jindal asked her to keep quiet because it was his office building and that he had promised to marry her. 

 

Also read: A 52-week high for YES Bank shares; are they overbought on the charts? What comes next?

 

 

Also read: Market analyst’s recommended stocks for December 18, 2023, including SBI, IDFC, and Graphite India

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