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Prachi Mehta

16th Mar · SEBI-Registered Analyst

Update for investors of
JSWSTEEL

The scrip opened at Rs. 1118.20 and has touched a high and low of Rs. 1148.90 and Rs. 1118.20 respectively. So far 48508 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1284.55 on 25-Feb-2026 and a 52 week low of Rs. 907.25 on 07-Apr-2025. Last one week high and low of the scrip stood at Rs. 1223.10 and Rs. 1114.90 respectively. The current market cap of the company is Rs. 276507.48 crore. The promoters holding in the company stood at 45.32 % while Institutions and Non-Institutions held 36.93 % and 17.75 % respectively.

JSWSTEEL
has launched its coking coal mining project, Minas de Revuboe (MdR), located in the Moatize coal basin, Tete Province, Mozambique. The MdR project, located in the Moatize coal basin of the Tete Province, Mozambique, grants the company access to substantial reserves of premium hard coking coal which is a key raw material in steelmaking. MdR has 850 mt of reserves, and the potential to yield 250 mt of usable coking coal. The company will develop the mine in phases, with the first phase expected to be developed over the next 2.5 years to produce 2.4 mtpa prime hard coking coal. MdR is located around 10 km north of Tete city, 450 km north of Beira Port, and 900 km south-west of Nacala Port - a logistical advantage that positions it as one of the most favourably situated coking coal assets globally for supply to Indian steel plants. 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.

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