JSW Energy, an integrated power company primarily engaged in generation and sale of power has on March 05, 2018 acquired JSW Electric Vehicles. Consequently, JSW Electric Vehicles is now a wholly owned subsidiary of JSW Energy.
The stock had underperformed the market over the past one month till Mar. 05, 2018, falling 5.86% compared with the Sensex's 2.91% decline. It underperformed the market in past one quarter, declining 2.44% as against 2.88% rise in the Sensex.
Shares of the company gained Rs 1.25, or 1.57%, to trade at Rs 80.65. The total volume of shares traded was 72,767 at the BSE (9.50 a.m., Tuesday).