SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

JSW Steel shines on expecting higher sales in FY’13

15 May 2012 Evaluate

JSW Steel is currently trading at Rs. 633.25, up by 13.70 points or 2.21% from its previous closing of Rs. 619.55 on the BSE.

The scrip opened at Rs. 615.00 and has touched a high and low of Rs. 642.70 and Rs. 610.00 respectively. So far 252038 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 981.60 on 01-Jun-2011 and a 52 week low of Rs. 464.00 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs. 701.05 and Rs. 606.10 respectively. The current market cap of the company is Rs. 14152.32 crore.

The promoters holding in the company stood at 37.89% while Institutions and Non-Institutions held 25.76% and 35.18% respectively.  

Steelmaker JSW Steel is expecting higher sales and production for the fiscal year 2012-13, according to a report.

The company is looking to sell 9 million tonnes of steel in FY’13, compared with 7.8 million tonnes in 2011-12 while, production is expected to rise to 8.5 million tonnes this fiscal year compared with 7.5 million tonnes a year ago.

The company reported a 9.62% fall in standalone net profit at Rs 752 crore for the quarter ended March 2012. It was Rs 832 crore in the corresponding period a year ago. However, total income was up 33.91% at Rs 9,593 crore as against Rs 7,164 crore in March 2011.

JSW Steel Share Price

1239.90 24.35 (2.00%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×