JSW Steel jumps on reporting 39% growth in crude steel output in June quarter
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
JSW Steel is currently trading at Rs. 677.35, up by 8.95 points or 1.34% from its previous closing of Rs. 668.40 on the BSE.
The scrip opened at Rs. 670.00 and has touched a high and low of Rs. 679.75 and Rs. 669.75 respectively. So far 303738 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. 191.05 on 10-Jul-2020.
Last one week high and low of the scrip stood at Rs. 693.90 and Rs. 664.60 respectively. The current market cap of the company is Rs. 163609.57 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 39 percent growth in its crude steel output to 4.10 million tonnes (MT) during the quarter ended June 2021. The company had produced 2.96 MT in the April-June quarter of 2020-21.
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.
