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Published on 10/06/2021 10:56:14 AM | Source: Accord Fintech

JSW Steel surges on reporting 13.67 lakh tonnes crude steel production in May

Posted in Stock Market| #JSW Steel Ltd. #Stock Market #Steel

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JSW Steel is currently trading at Rs. 718.00, up by 20.05 points or 2.87% from its previous closing of Rs. 697.95 on the BSE.

The scrip opened at Rs. 699.10 and has touched a high and low of Rs. 717.00 and Rs. 699.10 respectively. So far 201176 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 773.00 on 10-May-2021 and a 52 week low of Rs. 175.95 on 12-Jun-2020.

Last one week high and low of the scrip stood at Rs. 730.60 and Rs. 692.10 respectively. The current market cap of the company is Rs. 171767.68 crore.

The promoters holding in the company stood at 44.07%, while Institutions and Non-Institutions held 20.31% and 35.62% respectively.

JSW Steel has reported 13.67 lakh tonnes crude steel production in May 2021, registering a growth of 10% as compared to 12.48 lakh tonnes in May 2020. Out of the total output, the production of rolled products (flat) stood at 9.99 lakh tonnes and the production of rolled products (long) stood at 3.09 lakh tonnes in May.

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.