The stock tanked over 8% at Rs 606 on huge volumes

JSW Steel has tanked over 8% at Rs 606 on reports that the Supreme Court (SC) orders the Central Bureau of Investigations (CBI) probe on the company’s mining case. Earlier, a panel appointed by the SC has recommended that the apex court direct CBI to look into linkages between the donation of Rs 10 crore made by South West Mining, an associate firm of JSW group and alleged receipt of illegal mineral ore by JSW Steel and the alleged favours shown to it in respect of Mysore Minerals Limited.