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JSW Steel zooms on planning to increase capacity to 40-45 million tonne by 2030

24 Apr 2017 Evaluate

JSW Steel is currently trading at Rs. 193.60, up by 6.10 points or 3.25% from its previous closing of Rs. 187.50 on the BSE.

The scrip opened at Rs. 188.00 and has touched a high and low of Rs. 195.10 and Rs. 185.35 respectively. So far 505359 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 207.00 on 11-Apr-2017 and a 52 week low of Rs. 125.40 on 16-May-2016.

Last one week high and low of the scrip stood at Rs. 198.60 and Rs. 185.35 respectively. The current market cap of the company is Rs. 46942.42 crore.

The promoters holding in the company stood at 41.62%, while Institutions and Non-Institutions held 36.85% and 21.52% respectively.

JSW Steel is planning to increase its manufacturing capacity to 40-45 million tonne (mt) by 2030 from the present 18 mt. The company has environmental clearances to increase the capacity at the Vijaynagar plant from 12 mt to 16 mt. At Dolvi, it has approvals to double the capacity to 10 mt. This means the company has the approval to increase its capacity to 27 mt from the present 18 mt.

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. The company has reported crude steel production of 12.65 MT in February 2017 with a growth of 25% over the corresponding month in 2016.

JSW Steel Share Price

1274.85 34.95 (2.82%)
20-Apr-2026 16:59 View Price Chart
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