Previous Close | 1,011.40 |
Open | 1,021.90 |
Bid | 1,012.25 x 0 |
Ask | 1,012.00 x 0 |
Day's Range | 1,009.00 - 1,032.20 |
52 Week Range | 723.15 - 1,063.35 |
Volume | |
Avg. Volume | 98,649 |
Market Cap | 2.468T |
Beta (5Y Monthly) | 1.05 |
PE Ratio (TTM) | 33.82 |
EPS (TTM) | 29.94 |
Earnings Date | Oct 18, 2024 - Oct 22, 2024 |
Forward Dividend & Yield | 7.30 (0.72%) |
Ex-Dividend Date | Jul 09, 2024 |
1y Target Est | 358.41 |
JSW MG Motor India, a joint venture between SAIC Motor and JSW Group, said on Monday it will launch a luxury car brand, aiming to sell its first premium cars by the first three months of 2025. "This move reflects the company's strategic response to opportunities in the premium automotive market," JSW MG Motor India said in a statement. China's SAIC, which owns British MG Motor, and JSW announced the JV in December last year, with the Indian group holding a 35% stake.
Sports technology-focussed fund Centre Court Capital said on Thursday that it has launched a 3.5 billion rupees (around $42 million) venture capital fund that includes investments from the owners of India's JSW Group and billionaire Azim Premji's wealth fund. Centre Court Capital, or CCC, has raised 2 billion rupees so far from athletes and companies including SG Sports, the sports and entertainment arm of steel tubes and pipe-maker APL Apollo, and will back founders bringing innovative tech into sports and the gaming ecosystem, the fund said in a press release. India is home to three gaming unicorns in Game 24X7, Dream11 and Mobile Premier League, besides having the world's second-largest population of gamers.
A JSW Group and MG Motor joint venture aims to have sold 1 million electric vehicles in India by 2030 and to corner a third of the market, a JSW executive said on Wednesday. At a media event in Mumbai to present their new model, the "Cyberster EV" sportscar, the two companies said that the JV plans to initially focus on premium passenger vehicles. Sajjan Jindal, JSW Group Chairman, said the JV plans to launch its first plug-in hybrid car by 2025 and will produce batteries and set up charging infrastructure across India.