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JSW Steel moves up on reporting highest ever crude steel production of 3.87 MT for Q1FY17

08 Jul 2016 Evaluate

JSW Steel is currently trading at Rs. 1468.00, up by 5.00 points or 0.34% from its previous closing of Rs 1463.00 on the BSE.

The scrip opened at Rs. 1466.35 and has touched a high and low of Rs. 1472.50 and Rs. 1460.60 respectively. So far 10248 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1490.15 on 05-Jul-2016 and a 52 week low of Rs. 801.00 on 28-Jul-2015.

Last one week high and low of the scrip stood at Rs. 1490.15 and Rs. 1458.00 respectively. The current market cap of the company is Rs. 35492.05 crore.

The promoters holding in the company stood at 41.48%, while Institutions and Non-Institutions held 37.23% and 21.29% respectively.

JSW Steel has reported highest ever quarterly crude steel production of 3.87 million tonnes (MT) for Q1 FY2016-17, with a growth of over 14% over the corresponding quarter (Q1 FY2015-16) and 21% over sequential quarter (Q4 FY2015-16).

The production of rolled products (long) increased to 0.85 MT in Q1 FY2016-17 compared to 0.69 MT over the corresponding quarter, representing a growth of 23%. The production of rolled products (flat) during the quarter increased to 2.74 MT as compared to 2.50 MT in Q1 FY2015-16, an increase of 9%.

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.

JSW Steel Share Price

1245.55 21.15 (1.73%)
10-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 191.15
JSW Steel 1245.55
Steel Authority 168.05
Jindal Stainless 715.90
APL Apollo Tubes 1835.15
View more..

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