26 Sep 2025 | 5 Mins Read
JSW Steel shares volatile after Supreme Court reverses BPSL acquisition
Flipitmoney
JSW Steel shares surged 1.5% after the Supreme Court overturned its order on acquiring Bhushan Power and Steel. The court rejected the Committee of Creditors' plea for ₹6,100 crore in additional dues, saying the Insolvency & Bankruptcy Process goal had been met. The company turned Bhushan Power and Steel profitable with a 2.75 MTPA capacity in Odisha. Shares recovered from a 7% May drop.