JSW Steel Ltd.

JSW Steel’s promoter -- JSW Investments -- has raised its stake in the steel-maker to over 5% by buying 4.85 lakh shares from the open markets. JSW Investments bought 2.85 lakh shares on January 2 for Rs 28.99 crore and another two lakh shares on January 3 for Rs 19.90 crore.

Following these transactions, JSW Investments had 5.12% stake or 1.24 crore shares in the firm, as on January 6.

JSW Steel is part of the JSW group which, in turn, is a part of the O P Jindal group. JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.