Tuesday 14 July 2015

JSW Steel gains on good steel production in Q1

So far, the stock has touched an intra-day high at Rs. 843 on the BSE.


JSW Steel
JSW Steel is currently trading at the highest level of the day - with a gain of almost a percent at Rs. 843 on the BSE, after the firm reported good steel production.
 
Yesterday after market hours, JSW Steel informed BSE that is has reported highest ever quarterly Crude Steel production at 3.40 million tonnes for Q1 FY 2015-16 showing a growth of 10 percent over corresponding quarter of previous year.
 
On the BSE, the counter has seen trades of around 22,000 shares as against the two-week daily average volume of 80,000 shares.
 
Meanwhile, the BSE Sensex is down 42 points at 27,919.

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