JSW Steel Ltd.

JSW Steel is currently trading at Rs. 791.25, up by 26.90 points or 3.52% from its previous closing of Rs. 764.35 on the BSE.

The scrip opened at Rs. 772.00 and has touched a high and low of Rs. 797.50 and Rs. 771.10 respectively. So far 326640 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1015.00 on 07-Apr-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. 797.50 and Rs. 661.30 respectively. The current market cap of the company is Rs. 17601.72 crore.

The promoters holding in the company stood at 37.71% while Institutions and Non-Institutions held 25.47% and 35.44% respectively. 

JSW Steel’s one of its promoter groups - JSW Investments has hiked its stake in the company to 3.59%. JSW Investments has purchased 1.57 lakh shares worth around Rs 11.04 crore.

JSW Investments had 2.94% stake in JSW Steel, as of end of the last quarter ending December 31, 2011. On March 07, 2012, the promoter group entity bought 147,500 shares and another 9,500 shares on March 09, 2012. These purchases were made through the open market transaction. After this acquisition, the holding of JSW Investments in JSW Steel has increased to 3.59%.

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.