JSW Steel surges after reporting 12% rise in consolidated crude steel production in February 2025
JSW Steel is currently trading at Rs 1030.50, up by 19.35 points or 1.91% from its previous closing of Rs 1011.15 on the BSE.
The scrip opened at Rs 1014.15 and has touched a high and low of Rs 1030.50 and Rs 1009.65 respectively. So far 24844 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52-week high of Rs 1063.35 on 04-Oct-2024 and a 52-week low of Rs 762.00 on 14-Mar-2024.
Last one week high and low of the scrip stood at Rs 1032.00 and Rs 952.35 respectively. The current market cap of the company is Rs 250671.26 crore.
The promoters holding in the company stood at 44.85%, while Institutions and Non-Institutions held 36.69% and 18.47% respectively.
JSW Steel has reported consolidated crude steel production for the month of February 2025 at 24.07 lakh tonnes as compared to 21.50 lakh tonnes in February 2024, higher by 12% Year-on-Year (Y-o-Y).
The company reported crude steel production of 23.32 lakh tonnes from Indian Operations in February 2025 over 20.59 lakh tonnes in February 2024, increased by 13%. The capacity utilisation for February 2025 at Indian Operations 93.5%. JSW Steel USA - Ohio’s crude steel production stood at 0.75 lakh tonnes in February 2025.
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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