JSW STEEL at 52 Week High; BSE 500 Index Up 1.0%
Tue, 16 Feb 09:52 AM

JSW STEEL share price has hit a 52-week high at Rs 422 (up 3.9%).

Meanwhile, the BSE 500 Index is at 20,231 (up 0.7%).

Among the top gainers in the BSE 500 Index today are JSW STEEL (up 3.9%) and BANK OF MAHARASHTRA (up 20.0%).

CORPORATION BANK (down 3.9%) and METROPOLIS HEALTHCARE (down 3.6%) are among the top losers today.

Over the last one year, JSW STEEL has moved up from Rs 294 to Rs 422, registering a gain of Rs 128 (up 43.02%).

The BSE 500 has moved up from 15,921 to 20,231, registering a gain of 4,310 points (up 27.0%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 409.7%), LAURUS LABS (up 320.1%) and DIXON TECHNOLOGIES (up 305.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 52,517 (up 0.6%). The top gainers among the BSE Sensex stocks today are ONGC (up 4.6%), TATA STEEL (up 4.5%) and INDUSIND BANK (up 2.6%). Other gainers include KOTAK MAHINDRA BANK (up 2.6%) and POWER GRID (up 1.9%). The most traded stocks in the BSE Sensex are SBI and ONGC.

In the meantime, NSE Nifty is at 15,432 (up 0.6%). TATA STEEL (up 4.3%) and ONGC (up 4.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,566 to 52,517, registering a gain of 10,951 points (up 26.2%).

JSW STEEL Financial Update...

JSW STEEL net profit stood at Rs 27 billion for the quarter ended December 2020, compared to a profit of Rs 2 billion a year ago. Net Sales rose 21.1% to Rs 218.6 billion during the period as against Rs 180.6 billion in October-December 2019.

For the year ended March 2019, JSW STEEL reported 19.2% increase in net profit to Rs 75.5 billion compared to net profit of Rs 63.4 billion during FY18.

Revenue of the company grew 15.8% to Rs 848 billion during FY19.

The current Price to earnings ratio of JSW STEEL, based on rolling 12 month earnings, stands at 25.8x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

Feb 16, 2021 11:12 AM

POWER GRID share price has hit a 52-week high. It is presently trading at Rs 220. BSE 500 Index is up by 0.6% at 20,231. Within the BSE 500, POWER GRID (up 3.1%) and BANK OF MAHARASHTRA (up 20.0%) are among the top gainers, while top losers are INOX WIND and PC JEWELLER.

Feb 16, 2021 11:12 AM

PC JEWELLER share price is trading down by 5% and its current market price is Rs 32. The BSE 500 is up by 0.6%. The top gainers in the BSE 500 Index are BANK OF MAHARASHTRA (up 20.0%) and INDIAN OVERSEAS BANK (up 13.6%). The top losers are PC JEWELLER (down 5.0%) and INOX WIND (down 5.8%).

Feb 16, 2021 11:08 AM

ONGC share price is trading up by 5% and its current market price is Rs 104. The BSE OIL & GAS is up by 1.8%. The top gainers in the BSE OIL & GAS Index is ONGC (up 5.4%). The top losers are BPCL (down 0.1%) and CASTROL INDIA (down 0.7%).

Feb 16, 2021 11:08 AM

INOX WIND share price is trading down by 6% and its current market price is Rs 74. The BSE CAPITAL GOODS is up by 1.3%. The top gainers in the BSE CAPITAL GOODS Index are KALPATARU POWER (up 3.7%) and GRAPHITE INDIA (up 3.2%). The top losers is INOX WIND (down 6.3%).

Feb 16, 2021 10:33 AM

TATA STEEL share price is trading up by 5% and its current market price is Rs 706. The BSE METAL is up by 4.1%. The top gainers in the BSE METAL Index are TATA STEEL (up 5.0%) and JINDAL STEEL & POWER (up 7.4%).

Feb 16, 2021 09:30 am

Asian share markets advanced today as optimism about the global economic recovery and expectations of low interest rates drove investments into riskier assets.

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