JSW Steel Ltd.

JSW Steel is currently trading at Rs. 718.10, up by 5.50 points or 0.77% from its previous closing of Rs. 712.60 on the BSE.

The scrip opened at Rs. 713.00 and has touched a high and low of Rs. 719.30 and Rs. 708.10 respectively. So far 71,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 940.00 on 15-Jul-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. 733.55 and Rs. 693.35 respectively. The current market cap of the company is Rs. 16,022 crore.

The promoters holding in the company stood at 38.05% while Institutions and Non-Institutions held 25.46% and 35.32% respectively.

JSW Steel has reported 27% growth in crude steel production in Q1FY13 as compared to corresponding period of last fiscal year. The company has posted a total crude steel production of 2.14 million tonnes a growth of 27%, of which, production of Rolled Product (Flat) stood at 1.61 million tonnes a growth of 36% while, production of Rolled Product (Long) stood at 0.44 million tonnes, a growth of 27%.

The capacity utilization at Vijaynagar works remained at around 80% during Q1FY13 due to constrain in availability and quality of iron ore in e-auction in the Karnataka State.

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.