The illegal mining in Karantaka is back to haunt JSW Energy and Adani Enterprises as Supreme Court has today directed the CBI to probe their alleged involvement in the scam and submit its report by August 03, 2012. This news led to sharp fall in the stocks of both companies. However, JSW Energy in its statement has cleared up of no wrong-doing by the company and will comply with the investigations by CBI.
JSW Energy is currently trading at Rs. 42.40, down by 1.20 points or 2.75% from its previous closing of Rs. 43.60 on the BSE. The scrip opened at Rs. 43.50 and has touched a high and low of Rs. 44.45 and Rs. 41.90 respectively. So far 301966 shares were traded on the counter.
Adani Enterprises is currently trading at Rs. 250.10, down by 7.80 points or 3.02% from its previous closing of Rs. 257.90 on the BSE. The scrip opened at Rs. 257.50 and has touched a high and low of Rs. 259.75 and Rs. 248.00 respectively. So far 115650 shares were traded on the counter.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
| View more.. | |
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