JSW Steel Ltd.

JSW Steel is currently trading at Rs. 282.90, up by 13.00 points or 4.82% from its previous closing of Rs. 269.90 on the BSE.

The scrip opened at Rs. 269.05 and has touched a high and low of Rs. 284.35 and Rs. 269.05 respectively. So far 453918 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 296.65 on 14-Feb-2020 and a 52 week low of Rs. 132.50 on 03-Apr-2020.

Last one week high and low of the scrip stood at Rs. 290.55 and Rs. 268.50 respectively. The current market cap of the company is Rs. 68383.17 crore.

The promoters holding in the company stood at 43.07%, while Institutions and Non-Institutions held 20.79% and 35.54% respectively.

JSW Steel is expecting larger play in the Specialty Coil coating business. Color coated coils with properties like antimicrobial & anti-dust has opened new opportunities for the product segment to grow in India within the new normal. The company has begun the roll-out of JSW Radiance, a steel color-coated product range in high-gloss feature with multiple variants.

JSW Radiance with various variants with an option to choose among properties like Anti-microbial, anti-graffiti, anti-dust, antistatic & cool Roof system. JSW Radiance can also be custom offered with more than one of the above properties in a coil. With major key end use benefits, JSW radiance is suitable for diverse applications ranging from warehousing, appliances, cold storage, hospitals etc. JSW Radiance has been launched with Anti-Microbial & Anti Dust properties. The special Anti-microbial coating provides health security by inhibiting the growth of harmful bacteria in a cost-effective way throughout the product’s service life.

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.