JSW Steel Ltd.

JSW Steel is currently trading at Rs. 855.55, up by 0.85 points or 0.10% from its previous closing of Rs. 854.70 on the BSE.

The scrip opened at Rs. 854.70 and has touched a high and low of Rs. 858.90 and Rs. 847.85 respectively. So far 28680 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 870.15 on 15-Dec-2023 and a 52 week low of Rs. 649.75 on 16-Mar-2023.

Last one week high and low of the scrip stood at Rs. 870.15 and Rs. 836.00 respectively. The current market cap of the company is Rs. 209220.81 crore.

The promoters holding in the company stood at 44.80%, while Institutions and Non-Institutions held 36.15% and 19.05% respectively.

JSW Steel’s wholly owned subsidiary -- Periama Holdings LLC (Periama) has on December 18, 2023 completed the acquisition by purchase of the remaining 10% stake in the Common stock of JSW Steel (USA) Inc (JSW USA).

Consequent to completion of this acquisition, Periama’s shareholding in JSW USA has increased from 90% (pre-acquisition) to 100% (post-acquisition) and JSW USA has become a Wholly Owned Subsidiary of Periama and a step down wholly owned subsidiary of the Company.

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.