Company Profile

JSW STEEL LTD.

NSE : JSWSTEELBSE : 500228ISIN CODE : INE019A01038Industry : Steel & Iron ProductsHouse : Om Prakash Jindal
BSE140.00-2.95 (-2.06 % )
PREV CLOSE (Rs.) 142.95
OPEN PRICE (Rs.) 143.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1011625
TODAY'S LOW / HIGH (Rs.)132.50 148.05
52 WK LOW / HIGH (Rs.)132.5 313.4
NSE140.70 -2.3 (-1.61 % )
PREV CLOSE(Rs.) 143.00
OPEN PRICE (Rs.) 143.25
BID PRICE (QTY) 140.70 (14854 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 18559602
TODAY'S LOW / HIGH(Rs.) 132.50 148.15
52 WK LOW / HIGH (Rs.)132.5 314

Company News

Date Heading Details
27-Mar-2020 Theleme Master Fund acquires around 2.85 crore equity shares of JSW Steel <div align="justify">Theleme Master Fund has acquired around 2.85 crore equity shares of JSW Steel at Rs 153.80 per equity share valuing the transaction for over Rs 437 crore through open market transactions, on March 26, 2020. On the other hand, Morgan Stanley (France) S.A.S has sold 2.19 crore equity shares of the company at Rs 153.80 per equity share taking the transaction size to Rs 336.82 crore, on the same day.<br><br>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.<br><br></div>
27-Mar-2020 JSW Steel gains as Theleme Master Fund acquires around 2.85 crore equity shares of the compamy <div align="justify">JSW Steel is currently trading at Rs. 151.25, up by 1.55 points or 1.04% from its previous closing of Rs. 149.70 on the BSE.<br><br></div><div align="justify">The scrip opened at Rs. 147.70 and has touched a high and low of Rs. 155.90 and Rs. 147.70 respectively. So far 136303 shares were traded on the counter.<br><br></div><div align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 313.40 on 02-May-2019 and a 52 week low of Rs. 136.15 on 23-Mar-2020.<br><br></div><div align="justify">Last one week high and low of the scrip stood at Rs. 172.00 and Rs. 136.15 respectively. The current market cap of the company is Rs. 36500.03 crore.<br><br></div><div align="justify">The promoters holding in the company stood at 42.33%, while Institutions and Non-Institutions held 22.26% and 35.41% respectively.<br><br></div><div align="justify">Theleme Master Fund has acquired around 2.85 crore equity shares of JSW Steel at Rs 153.80 per equity share valuing the transaction for over Rs 437 crore through open market transactions, on March 26, 2020. On the other hand, Morgan Stanley (France) S.A.S has sold 2.19 crore equity shares of the company at Rs 153.80 per equity share taking the transaction size to Rs 336.82 crore, on the same day.<br><br></div><div 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.<br><br></div>
19-Mar-2020 CARE revises JSW Steel's Long Term rating <p align="justify">The credit rating agency, CARE has revised JSW Steel's Long Term (Bank facilities, Non Convertible Debenture) rating to ‘AA-' Outlook (Stable) from ‘AA' Outlook (Negative). The rating agency has kept unchanged rating to company's Short Term (Bank facilities, Commercial Paper) at ‘A1+'.</p><p 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.<br></p>
19-Mar-2020 Announcement under Regulation 30 (LODR)-Credit Rating CARE vide their letter dated March 17,2020 has revised the Company's rating. An Announcement in this regard is attached.
17-Mar-2020 JSW Steel informs about loss of share certificates <p>Pursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015, JSW Steel has informed about submission of the intimation received from its RTA - KFintech Technologies, providing information regarding loss of share certificates of the shareholders of the Company.&nbsp;<p>The above information is a part of company's filings submitted to BSE.</p>
17-Mar-2020 Clarification sought from JSW Steel Ltd The Exchange has sought clarification from JSW Steel Ltd with respect to news article appearing on www.thehindubusinessline.com March 16, 2020 titled "JSW Steel misses deadline to pay 19,700 cr for BPSL buy". The reply is awaited.
16-Mar-2020 JSW Steel informs about disclosure <p align="justify">JSW Steel has informed that the Exchange has received disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares &amp; Takeovers) Regulations, 2011 on March 16, 2020 for Urmila Bhuwalka.</p><p align="justify">The above information is a part of company's filings submitted to BSE.<br></p>
13-Mar-2020 JSW Steel informs about disclosure <P align=justify>JSW Steel has informed that the exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares &amp; Takeovers) Regulations, 2011 for JTPM Metal Traders.<BR><P align=justify>The above information is a part of company's filings submitted to BSE.<BR>
12-Mar-2020 JSW Steel falls despite reporting 5% rise in crude steel production in February 2020 <p align="justify">JSW Steel is currently trading at Rs. 207.95, down by 15.55 points or 6.96% from its previous closing of Rs. 223.50 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 210.00 and has touched a high and low of Rs. 212.60 and Rs. 200.65 respectively. So far 201731 shares were traded on the counter.<br></p><p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 313.40 on 02-May-2019 and a 52 week low of Rs. 200.65 on 12-Mar-2020.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 240.00 and Rs. 200.65 respectively. The current market cap of the company is Rs. 49939.77 crore.<br></p><p align="justify">The promoters holding in the company stood at 42.33%, while Institutions and Non-Institutions held 22.26% and 35.41% respectively.<br></p><p align="justify">JSW Steel has reported crude steel production of 13.20 lakh tonnes for February 2020, registering rise of 5% over 12.57 lakh tonnes in February 2019.</p><p align="justify">The production of rolled products (long) remained unchanged at 3.08 lakh tonnes in February 2020 as compared to production reported in February 2019. The production of rolled products (flat) stood at 9.82 lakh tonnes in February 2020 as compared to 9.20 lakh tonnes in February 2019, representing a growth of 7%.</p><p 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.<br></p>
11-Mar-2020 JSW Steel reports 5% rise in crude steel production in February 2020 <p align="justify">JSW Steel has reported crude steel production of 13.20 lakh tonnes for February 2020, registering rise of 5% over 12.57 lakh tonnes in February 2019. </p><p align="justify">The production of rolled products (long) remained unchanged at 3.08 lakh tonnes in February 2020 as compared to production reported in February 2019. The production of rolled products (flat) stood at 9.82 lakh tonnes in February 2020 as compared to 9.20 lakh tonnes in February 2019, representing a growth of 7%.</p><p 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.<br></p>