JSW Steel plans stake sale in BPSL to boost finances
pre-market1 source ↓written by the desknot a recommendation
- shares
- 0.068%
- in Bhushan Power
- 50% stake
JSW Steel shares are down 0.068%, trading at ₹1,181 as of 2:10 p.m. IST on 13 Nov 2025. The company is reportedly selling a 50% stake in Bhushan Power & Steel Ltd (BPSL) to JEE Steel of Japan. This move follows a Supreme Court ruling that reinstated the insolvency resolution plan for BPSL, paving the way for the stake sale. 📈
This development may enhance JSW Steel's financial position, potentially lifting market sentiment.
Not investment advice. For informational purposes only.