JSW STEEL LTD.
NSE : JSWSTEELBSE : 500228ISIN
CODE : INE019A01038Industry : Steel & Iron ProductsHouse
: Om Prakash Jindal
BSE886.60-18.9 (-2.09 % )
PREV CLOSE (Rs.) 905.50
OPEN PRICE (Rs.) 913.15
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 187183
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE887.25 -18.55 (-2.05 % )
PREV CLOSE(Rs.) 905.80
OPEN PRICE (Rs.) 910.00
BID PRICE (QTY) 887.25 (931 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 3626999
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 23-Apr-2024 | Redeemed Senior Unsecured Fixed Rate Notes (5.95% Due 2024). | The Company has redeemed Senior Unsecured Fixed Rate Notes (5.95% due 2024) in full today. |
| 10-Apr-2024 | JSW Steel informs about certificate | <p style="text-align: justify;">On the basis of the enclosed certificate dated April 09, 2024 issued under Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018, by KFin Technologies, the Registrars and Share Transfer Agent of the Company (RTA), JSW Steel has confirmed compliance with the provisions of Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended 31st March 2024.</p><div>The above information is a part of company's filings submitted to BSE.</div> |
| 09-Apr-2024 | JSW Steel inches up on the BSE | <p style="text-align: justify;">JSW Steel is currently trading at Rs. 878.75, up by 2.15 points or 0.25% from its previous closing of Rs. 876.60 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 880.00 and has touched a high and low of Rs. 891.50 and Rs. 871.00 respectively. So far 111646 shares were traded on the counter.</p><p style="text-align: justify;">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. 681.05 on 10-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 891.50 and Rs. 847.30 respectively. The current market cap of the company is Rs. 215028.77 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 44.81%, while Institutions and Non-Institutions held 36.32% and 18.87% respectively.</p><p style="text-align: justify;">JSW Steel has reported the crude steel production for the fourth quarter of FY24 (Q4FY24) at 6.79 million tonnes, that grew by 3% as against 6.58 million tonnes in Q4FY23 on consolidated basis. In FY24, crude steel production stood at 26.43 million tonnes.</p><p style="text-align: justify;">The company reported production of 6.54 million tonnes from Indian Operations in Q4FY24 over 6.37 million tonnes in Q4FY23, a growth of 3%. </p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div> |
| 08-Apr-2024 | JSW Steel reports 3% rise in consolidated crude steel production in Q4FY24 | <p style="text-align: justify;">JSW Steel has reported the crude steel production for the fourth quarter of FY24 (Q4FY24) at 6.79 million tonnes, that grew by 3% as against 6.58 million tonnes in Q4FY23 on consolidated basis. In FY24, crude steel production stood at 26.43 million tonnes.</p><p style="text-align: justify;">The company reported production of 6.54 million tonnes from Indian Operations in Q4FY24 over 6.37 million tonnes in Q4FY23, a growth of 3%. </p><p style="text-align: justify;">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. </p> |
| 08-Apr-2024 | JSW Steel gains on reporting 3% rise in consolidated crude steel production in Q4FY24 | <p style="text-align: justify;">JSW Steel is currently trading at Rs. 864.55, up by 8.05 points or 0.94% from its previous closing of Rs. 856.50 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 861.45 and has touched a high and low of Rs. 867.65 and Rs. 860.35 respectively. So far 19366 shares were traded on the counter.</p><p style="text-align: justify;">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. 681.05 on 06-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 881.70 and Rs. 835.75 respectively. The current market cap of the company is Rs. 211654.04 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 44.81%, while Institutions and Non-Institutions held 36.32% and 18.87% respectively.</p><p style="text-align: justify;">JSW Steel has reported the crude steel production for the fourth quarter of FY24 (Q4FY24) at 6.79 million tonnes, that grew by 3% as against 6.58 million tonnes in Q4FY23 on consolidated basis. In FY24, crude steel production stood at 26.43 million tonnes.</p><p style="text-align: justify;">The company reported production of 6.54 million tonnes from Indian Operations in Q4FY24 over 6.37 million tonnes in Q4FY23, a growth of 3%. </p><p style="text-align: justify;">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.</p> |
| 08-Apr-2024 | Jsw Steel informs about AGM | <div>Jsw Steel has informed that the 29th Annual General Meeting of the members of JSW Steel was held on 28th July 2023, through Video Conferencing (VC) / Other Audio Visual Means (OAVM), commenced at 11.00 am IST and concluded at 01.10 pm IST.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 08-Apr-2024 | JSW Steel informs about press release | <p style="text-align: justify;">JSW Steel has informed that it enclosed a press release dated 08.04.2024 titled ‘JSW Steel reports its highest ever annual Consolidated Crude Steel Production of 26.43 million tons surpassing its yearly production guidance'.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 30-Mar-2024 | JSW Steel's arm starts commercial production of Hot Strip Mill in Vijayanagar steel plant | <p style="text-align: justify;">JSW Steel's wholly-owned subsidiary -- JSW Vijayanagar Metallics (JVML) has commissioned commercial production of its Hot Strip Mill (HSM) at its integrated steel plant at Vijayanagar with a capacity of 5 MTPA and has made its first dispatch. </p><p style="text-align: justify;">The HSM facility has capability of manufacturing plates, coils and is equipped with advanced features such as Digital Reheating Furnaces, Evaporative Cooling System and Waste Heat Recovery System, Attached Edger in Finishing mills for accurate width control, Auto Steering Control, uniform mechanical properties and production of superior value-added grades. The HSM facility was lit-up on March 17, 2024, and after successful completion of trial runs and quality & delivery testing, the commercial manufacturing and sales have commenced.</p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div> |
| 30-Mar-2024 | JSW Steel informs about commencement of commercial production | <p style="text-align: justify;">Pursuant to Regulation 30 read with Part B of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations'), JSW Steel has informed that the JSW Vijayanagar Metallics -(‘JVML') a Wholly-Owned Subsidiary of the Company, has today, successfully commissioned its Hot Strip Mill (‘HSM') at its integrated steel plant at Vijayanagar with a capacity of 5MTPA and has made its first dispatch. </p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 28-Mar-2024 | Metals stocks gain after ICRA says primary non-ferrous metal industry's earnings to remain stable in FY25 | <p style="text-align: justify;">Metals stocks gained on the BSE, after credit rating agency ICRA in its latest report has said that primary non-ferrous metal industry's earnings would remain stable in FY2025, considering steady movement in realisations and an easing of input cost pressure to an extent. The domestic demand growth is expected to remain healthy at around 10% in FY2025 and would significantly outpace the expected growth of around 2% in global demand. The operating margin of domestic players is also likely to remain stable at 17-17.5% in FY2025, like the levels estimated in FY2024. As a result, ICRA maintains a Stable outlook on the sector.</p><p><span style="text-align: justify;">JSW Steel is currently trading at Rs. 838.70, up by 20.90 points or 2.56% from its previous closing of Rs. 817.80 on the BSE.</span></p><p><span style="text-align: justify;">Tata Steel is currently trading at Rs. 156.10, up by 3.25 points or 2.13% from its previous closing of Rs. 152.85 on the BSE.</span></p><p style="text-align: justify;">Steel Authority Of India is currently trading at Rs. 134.15, up by 0.60 points or 0.45% from its previous closing of Rs. 133.55 on the BSE.</p><p style="text-align: justify;">According to the report, the international prices of the three non-ferrous metals viz. aluminium, copper and zinc witnessed divergent trends in March 2024. While aluminium and zinc prices remained range-bound, copper prices increased by around 5% in March 2024 amid expected supply cut by Chinese smelters and the prices are likely to further strengthen as the demand-supply gap widens. An unexpected supply disruption in the copper mines in Chile and Panama saw significant correction in treatment and refining charges (Tc/Rc), with the current spot rate at around $12/tonne compared to $80-85/tonne in 9M FY2024. The sharp correction in Tc/Rc has adversely impacted the copper smelter margins and top Chinese smelters recently agreed to embark on production cuts at loss-making plants, without specifically highlighting the extent of the reduction.</p><p style="text-align: justify;">On the domestic front, the report said the apparent consumption growth for non-ferrous metals remained healthy at around 10-13% in 9M FY2024 supported by the Government's thrust on infrastructure development and favourable demand from the renewables/electric vehicle sectors. While the demand is expected to remain soft over the next two quarters as the Government spending moderates around the General Elections, the overall demand growth is expected to remain comfortable at around 10% in FY2024 and FY2025. In addition, the moderation in coal costs, if sustained, is expected to alleviate input cost pressures to an extent. </p><div style="text-align: justify;"><br></div> |
