Shares of JSW Steel Ltd. traded 0.38 per cent up in Thursday’s trade at 10:05AM (IST). Around 141431 shares changed hands on the counter. The stock opened at Rs 271.1 and touched an intraday high and low of Rs 279.9 and Rs 271.1, respectively, in the session so far.

The stock quoted a 52-week high of Rs 314.0 and a 52-week low of Rs 132.5.

In a move that could delay the plans of JSW Steel to acquire scam riddled, Bhushan Power and Steel Ltd (BPSL), the Enforcement Directorate (ED) on Wednesday carried out searches at the premises of the resolution professional and a former director of BPSL.

Financials
JSW Steel Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 67331.68 Crore) operating in Metals – Ferrous sector.

For the quarter ended 30-06-2020, the company has reported a Consolidated sales of Rs 11454.00 Crore, down -34.76 % from last quarter Sales of Rs 17556.00 Crore and down -40.98 % from last year same quarter Sales of Rs 19407.00 Crore Company has reported net profit after tax of Rs -529.00 Crore in latest quarter.

JSW Steel Ltd. key Products/Revenue Segments include Hot Rolled Coils/Plates/Sheets which contributed Rs 32995.00 Crore to Sales Value (51.34 % of Total Sales), Rolled Product which contributed Rs 14011.00 Crore to Sales Value (21.80 % of Total Sales), Coils (Cold Rolled) which contributed Rs 8328.00 Crore to Sales Value (12.95 % of Total Sales), Others which contributed Rs 2543.00 Crore to Sales Value (3.95 % of Total Sales), Coils & Sheets (Galvanised) which contributed Rs 2129.00 Crore to Crore to Sales Value (3.31 % of Total Sales), Other Operating Revenue which contributed Rs 1947.00 Crore to Sales Value (3.02 % of Total Sales), Billets & Blooms which contributed Rs 1553.00 Crore to Sales Value (2.41 % of Total Sales), M S/S S Slabs which contributed Rs 756.00 Crore to Sales Value (1.17 % of Total Sales)for the year ending 31-Mar-2020.

Promoter holding
Promoters held 41.5 per cent stake in the company as of quarter ended 31st Jun 2020.