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Published on 19/04/2021 2:42:49 PM | Source: Accord Fintech

JSW Steel trades in green on the bourses

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

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JSW Steel is currently trading at Rs. 621.65, up by 2.65 points or 0.43% from its previous closing of Rs. 619.00 on the BSE.

The scrip opened at Rs. 604.70 and has touched a high and low of Rs. 622.30 and Rs. 595.00 respectively. So far 432180 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 645.00 on 15-Apr-2021 and a 52 week low of Rs. 152.75 on 24-Apr-2020.

Last one week high and low of the scrip stood at Rs. 645.00 and Rs. 595.00 respectively. The current market cap of the company is Rs. 149722.63 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’s subsidiary company -- JSW Steel Italy S.r.l has completed the acquisition of 30.73% equity share capital of GSI Lucchini S.p.A (GSI). Earlier, the company and Industrial Development Corporation, South Africa had entered into Share Purchase agreement (SPA) for acquisition of stake in GSI for a cash consideration of Euro 1 million.

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.

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