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JSW Steel to invest up to Rs 8,000 crore annually on capacity addition: Report

05 Dec 2014 Evaluate

JSW Steel is reportedly planning to invest worth Rs 7000-8000 crore every year towards capacity addition. The company will add new steel capacities by way of both expansions and acquisitions.

JSW Steel is part of the JSW group which, in turn, is a part of the O P Jindal group. JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.

Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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