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JSW Steel gains momentum on reporting over 6-fold rise in Q2 net profit

29 Oct 2012 Evaluate

JSW Steel is currently trading at Rs 742.50, up by 9.35 points or 1.28% from its previous closing of Rs 733.15 on the BSE.

The scrip opened at Rs 740.00 and has touched a high and low of Rs 745.00 and Rs 736.35 respectively. So far 36474 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 885.00 on 17-Feb-2012 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 755.00 and Rs 725.05 respectively. The current market cap of the company is Rs 16557.53 crore.

The promoters holding in the company stood at 38.05% while Institutions and Non-Institutions held 25.91% and 36.04% respectively.

JSW Steel has posted a rise of 546.83% in its net profit at Rs 822.26 crore for second quarter ended September 30, 2012 as compared to Rs 127.12 crore for the same quarter in the previous year. Total income has increased by 16.64% at Rs 8949.16 crore for quarter under review as compared to Rs 7669.76 crore for the quarter ended September 30, 2011.

On Consolidated basis, the company has reported a net profit of Rs  691.25 crore for the quarter ended September 30, 2012 against net loss of Rs 669.32 crore for the corresponding period last fiscal.  Total income increased by 16.94% at Rs 9541.29 crore during the quarter under review from Rs 8158.88 crore in the year-ago period.

JSW Steel Share Price

1239.90 24.35 (2.00%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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JSW Steel 1239.90
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