JSW Steel Ltd.

BSE: 500228 | NSE: JSWSTEEL
Large Cap | Steel & Iron Products
1237.70
-7.85 (-0.63%)
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JSW Steel rises as its crude steel production increases 4% in FY15

Date: 20-04-2015

JSW Steel is currently trading at Rs. 959.00, up by 1.80 points or 0.19% from its previous closing of Rs. 957.20 on the BSE.

The scrip opened at Rs. 970.00 and has touched a high and low of Rs. 970.55 and Rs. 954.45 respectively. So far 56816 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1365.35 on 02-Sep-2014 and a 52 week low of Rs. 880.20 on 26-Mar-2015.

Last one week high and low of the scrip stood at Rs. 979.00 and Rs. 921.25 respectively. The current market cap of the company is Rs. 23084.46 crore.

The promoters holding in the company stood at 40.03% while Institutions and Non-Institutions held 23.19% and 36.78% respectively.

JSW Steel’s crude steel production in FY15 grew 4% and stood at 13.63 million tonnes (MT) as compared to 12.17 MT in FY14. The production of rolled products (long) increased by 12% to 2.06 MT compared to 1.83 MT in last year. Meanwhile, the production of rolled products (flat) during the month rose 3% to 10.07 MT as compared to last year’s level of 9.74 MT.

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.