However, the move did not have any impact on the JSW stock

Amid the alleged irregularities in the allocation of coal blocks taking their toll, on Monday, JSW Steel joined the list of companies whose coal blocks had been deallocated. The block, Gourangdih ABC in West Bengal, had been jointly allocated to JSW Steel and Himachal Emta Power. However, the move did not have any impact on the JSW stock. On the contrary, JSW shares closed at Rs 727.10 on the BSE on Tuesday, gaining two per cent over the previous close.