JSW Steel trades higher on the bourses

JSW Steel is currently trading at Rs. 1290.75, up by 17.00 points or 1.33% from its previous closing of Rs. 1273.75 on the BSE. The scrip opened at Rs. 1278.00 and has touched a high and low of Rs. 1304.65 and Rs. 1262.20 respectively. So far 65279 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1304.65 on 05-June-2014 and a 52 week low of Rs. 451.50 on 19-Aug-2013. Last one week high and low of the scrip stood at Rs. 1304.65 and Rs. 1203.05 respectively. The current market cap of the company is Rs. 31316.30 crore. The promoters holding in the company stood at 38.45% while Institutions and Non-Institutions held 23.29% and 38.27% respectively. JSW Steel, India’s leading steel manufacturer has won the prestigious Prime Minister’s Trophy for excellence in performance for the year 2012-13. The trophy will be awarded to the company’s Vijayanagar plant, situated in Karnataka, for being the best integrated steel plant in the country based on overall performance and different parameters. JSW Steel’s Vijayanagar facility is the first integrated steel plant in the country to produce 10 million tonnes of steel from a single location. The evaluation for the award is done by a panel of judges comprising technologists, economists, consumers of steel and workers’ representatives on a set of criteria covering operational, financial, market, export, quality, customer satisfaction, environment and human resource related parameters. JSW Steel is part of the JSW group which, in turn, is a part of the O P Jindal group. 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.