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JSW Steel is currently trading at Rs. 694.80, up by 3.95 points or 0.57% from its previous closing of Rs. 690.85 on the BSE.

The scrip opened at Rs. 689.00 and has touched a high and low of Rs. 701.50 and Rs. 681.85 respectively. So far 85301 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 789.95 on 19-Apr-2022 and a 52 week low of Rs. 520.10 on 26-May-2022.

Last one week high and low of the scrip stood at Rs. 701.50 and Rs. 679.35 respectively. The current market cap of the company is Rs. 168999.97 crore.

The promoters holding in the company stood at 45.02%, while Institutions and Non-Institutions held 20.19% and 34.79% respectively.

JSW Steel has collaborated with German-based engineering and technology company SMS group to explore multiple cutting-edge solutions and R&D projects to reduce carbon emission in its iron and steelmaking operations in India. The collaboration will enable the companies to explore opportunities together to reduce carbon emissions and produce green steel in one of the hard-to-abate sectors.

A Memorandum of Understanding (MoU) between JSW Steel and SMS group GmbH, has been signed for exploring solutions for implementation of the decarbonisation projects across various JSW Steel plants in India.

To achieve the task of decarbonisation at various JSW Steel plants, the SMS group, the leading partner with the world use their expertise and experience in metallurgy, industrial processes and digitalisation, shall provide its technology experts design, engineering consultancy and commissioning for executing various projects. JSW Steel shall make available at its plants all the support to SMS group like raw materials, consumables and manpower for exploring solutions for implementation of general decarbonisation projects.

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.