JSW Steel Limited

JSW Steel Limited (JSWSTEEL) is a large-cap Metals & Mining company valued at ₹2.97 lakh crore operating in Iron & Steel on the NSE and BSE.

Recent price move

JSW Steel Limited last traded at ₹1,216.3, modestly up 1.32% on the day.

Recent developments

On 2026-10-17, the National Company Law Tribunal approved the merger of Piombino Steel with JSW Steel, aiming to align strategic interests by enabling direct ownership of Bhushan Power and Steel Limited. On 2026-10-08, the company reported a 5% rise in crude steel production to 7.27 million tonnes in the second quarter.

Financial performance

The company's annual revenue rose 9.9% year-over-year, while annual net profit surged 630.7%. In the latest quarter, revenue increased 9.8% compared to the same quarter a year earlier, and net profit jumped 112.6%.

Valuation multiples

The stock trades at 13.3 times earnings, 3.20 times book value. It yields 0.5%.

Things to watch

The company's promoter holding decreased by 1.03 percentage points in the quarter. Promoter shares pledged account for 11.60% of promoter holding. The stock is 10.0% below its 52-week high.

Where it stands

JSW Steel's business has shown strong growth, with annual net profit rising 630.7% and the latest quarter's net profit up 112.6%. The merger of Piombino Steel with the parent company and increased crude steel production highlight recent positive developments. The stock is 10.0% below its 52-week high, and promoter holding has declined.

Summarised by DocStoX's model on 2026-10-17 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.