JSW Steel inches up on reporting 7% rise in consolidated crude steel production in January 2024
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
JSW Steel is currently trading at Rs. 813.55, up by 0.45 points or 0.06% from its previous closing of Rs. 813.10 on the BSE.
The scrip opened at Rs. 799.00 and has touched a high and low of Rs. 815.50 and Rs. 796.60 respectively. So far 45518 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 895.60 on 28-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. 843.95 and Rs. 790.80 respectively. The current market cap of the company is Rs. 198204.04 crore.
The promoters holding in the company stood at 44.81%, while Institutions and Non-Institutions held 36.32% and 18.87% respectively.
JSW Steel has reported consolidated crude steel production for the month of January 2024 at 23.62 lakh tonnes, grew by 7% Year-on-Year. Capacity utilisation at Indian Operations level stood at 97% for January 2024. The company reported production of 22.86 lakh tonnes from Indian Operations in January 2024 over 21.53 lakh tonnes in January 2023, a growth of 6%.
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.
