 "IBC process: Bhushan Power is JSW Steel's most aggressive, biggest lone bet")
While demand for metals has been accelerating as the South Asian nation plans major investments to overhaul its creaking infrastructure, shares of most producers have slumped this year. JSW Steel is the lone stock that’s set to end in the green in the 10-member S&P BSE Metal Index, which lost nearly a quarter of its value in 2018. The index is set for its first annual decline in three years, while the country’s benchmark index is edging toward its third year of gains.
The Sajjan Jindal-led mill has risen about 12 percent this year. That compares with a 26 percent drop
