/ Ways2Capital : JSW Steel Soars High On Highest Ever Monthly Crude Steel Production In January ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 6 February 2017

JSW Steel limited has posted highest ever monthly crude steel production of 13.85 lakh tonnes in January 2017. Its crude steel production has surged by 49% at 1.38 metric tonnes (YoY).

Its rolled Pdts- Flat Steel Production jumped by 38% at 1.03 metric tonnes (YoY) in January, followed by rolled Pdts- Long Steel Production jumping by 18% at 0.35 metric tonnes (YoY).

A flagship company of JSW group ,JSW Steel is a leading integrated steel company in India with an installed steel-making capacity of 18 MTPA.

JSW Steels' plant at Vijayanagar is one of the largest single location steel producing facilities with a capacity of 12 MTPA. JSW Steel Ltd is currently trading at Rs 193.3, up by Rs 2.3 or 1.2% from its previous closing of Rs 191 on the BSE.

The scrip opened at Rs 193 and has touched a high and low of Rs 194.4 and Rs 190.65 respectively.

So far 2193054(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 46168.91 crore.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 201.4 on 31-Jan-2017 and a 52 week low of Rs 95.1 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs 201.4 and Rs 188.95 respectively. The promoters holding in the company stood at 41.56 % while Institutions and Non-Institutions held 37.54 % and 20.29 % respectively. The stock is currently trading above its 50 DMA.

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