IT dept raids JSW Steel premises; stock down

JSW Steel touched an intraday high of Rs 929.95 and an intraday low of Rs 895. At 13:47 hrs the share was quoting at Rs 907, down Rs 2.15, or 0.24%.

Income Tax Department (IT) raided on JSW Steel and JSW Power. The raids have covered 15-20 official and residential premises involve 200-250 IT officials. The raids being carried out in Mumbai, Bangalore, Ratnagiri and Rajasthan, quoting Sources, reports CNBC-TV18.
 
It was trading with volumes of 802,296 shares. In the previous trading session, the share closed down 1.98% or Rs 18.40 at Rs 909.15.
 
At 13:47 hrs JSW Energy was quoting at Rs 72.35, up Rs 0.20, or 0.28%.