JSW Steel Ltd.

JSW Steel is currently trading at Rs. 872.20, up by 4.60 points or 0.53% from its previous closing of Rs. 867.60 on the BSE.

The scrip opened at Rs. 869.00 and has touched a high and low of Rs. 879.90 and Rs. 861.05 respectively. So far 13471 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. 851.55 on 18-May-2015.

Last one week high and low of the scrip stood at Rs. 887.95 and Rs. 861.05 respectively. The current market cap of the company is Rs. 21032.24 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 is now the largest steel maker in the country ahead of long-time market leader Steel Authority of India (SAIL). Last year, the company had overtaken Tata Steel to become the number two in the industry. JSW Steel reported net sales of Rs 52,971 crore in the year ended March against Rs 45,710 crore reported by SAIL. In comparison, Tata Steel’s India operations reported net sales of Rs 33,666 crore in the same period. Including its global operations, however, Tata Steel remains the largest with revenue of Rs 139,503 crore. That’s the reason why Tata Steel is not losing much sweat over the rise of JSW. JSW tops the industry in capacity utilisation, too. In the fourth quarter, it operated its plants at 90 per cent rated capacity. In comparison, Tata Steel India operated at 80 per cent capacity due to raw material shortage.