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JSW Steel Ltd gained for a fifth straight session today. The stock is quoting at Rs 1187.7, up 0.59% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.02% on the day, quoting at 26333.05. The Sensex is at 85709.92, down 0.06%. JSW Steel Ltd has risen around 6.13% in last one month.
Meanwhile, Nifty Metal index of which JSW Steel Ltd is a constituent, has risen around 13.22% in last one month and is currently quoting at 11421.85, up 0.53% on the day. The volume in the stock stood at 6.14 lakh shares today, compared to the daily average of 15.95 lakh shares in last one month.
The benchmark January futures contract for the stock is quoting at Rs 1192.6, up 0.64% on the day. JSW Steel Ltd is up 31.83% in last one year as compared to a 11.5% spurt in NIFTY and a 35.79% spurt in the Nifty Metal index.
The PE of the stock is 38 based on TTM earnings ending September 25.
Jindal Steel Ltd rose 3.78% today to trade at Rs 1059.55. The BSE Metal index is up 0.95% to quote at 36607.9. The index is up 6.72 % over last one month. Among the other constituents of the index, JSW Steel Ltd increased 3.34% and Steel Authority of India Ltd added 2.73% on the day. The BSE Metal index went up 26.71 % over last one year compared to the 8.52% surge in benchmark SENSEX.
Jindal Steel Ltd has added 1.11% over last one month compared to 6.72% gain in BSE Metal index and 0.99% drop in the SENSEX. On the BSE, 18645 shares were traded in the counter so far compared with average daily volumes of 22887 shares in the past one month. The stock hit a record high of Rs 1098.3 on 13 Nov 2025. The stock hit a 52-week low of Rs 723.95 on 31 Jan 2025.
The duty on select non-alloy and alloy steel products will be set at 12% in the first year, before being reduced to 11.5% in the second year and further to 11% in the third year. Imports from certain developing countries are exempt, while shipments from China, Vietnam and Nepal will be subject to the levy. Specialty steel products, including stainless steel, are excluded.
The safeguard measure is expected to support domestic steel prices and protect margins at a time when global steel prices remain subdued.
JSW Steel reported consolidated Crude Steel production for the month of November'25 at 24.39 Lakh tonnes. The total Crude Steel production was higher by 5% YoY.
Capacity utilisation of Indian operations was at 84%, lower due to Blast Furnace 3 (BF3) shutdown at Vijayanagar from end of September 2025 for upgradation of capacity from 3 to 4.5 MTPA. Capacity utilisation excluding BF3 capacity was at ~93% for November 2025.
The break-up of production is as below: (Lakh Tonnes)
Indian Operations
23.61
22.53
5%
JSW Steel USA - Ohio
0.78
0.70
Consolidated Production
24.39
23.23
Steel production at JSW Steel USA–Ohio grew 11.42% YoY to 0.78 lakh tonnes during the period under review.
The company stated that capacity utilisation of Indian operations stood at 84%, lower due to the shutdown of Blast Furnace 3 (BF3) at Vijayanagar from the end of September 2025 for capacity upgradation from 3 MTPA to 4.5 MTPA. Capacity utilisation excluding BF3 was approximately 93% for November 2025.
JSW Steel is the flagship business of the diversified, US$ 23 billion JSW Group. As one of India’s leading business houses, JSW Group also has interests in energy, infrastructure, cement, paints, realty, e-platforms, mobility, defence, sports, and venture capital.
JSW Steel reported a massive 269.7% surge in consolidated net profit to Rs 1,623 crore in Q2 FY26, compared to Rs 439 crore in the corresponding period last year. Revenue from operations rose 13.77% year-on-year to Rs 45,152 crore in the quarter ended 30 September 2025.
The counter shed 0.95% to Rs 1,108.70 on the BSE.
In the cash market, the Nifty 50 index declined 46.20 points or 0.18% to 25,986.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, shed 0.13% to 11.21.
HDFC Bank, JSW Steel and State Bank of India (SBI) were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The December 2025 F&O contracts will expire on 30 December 2025.
JSW is a growth]oriented company with a target of achieving a steel]making capacity of 50mtpa in India by FY 2031 and is excited about the opportunities that lie beyond. The Company believes that India presents a multi]decadal opportunity for growth, and wants to ensure that it is well positioned to capitalise on this opportunity. The present transaction is aimed at securing the Companyfs growth in a financially prudent manner to enable it to pursue its aspirations across business cycles.
JSW acquired BPSL in 2021 through an IBC process and then turned it around successfully. What was a 2.75 mtpa sick unit now stands proud as a profitable company with an enhanced capacity of 4.5 mtpa, employing 25,000 people. Through this transaction, the Company will monetise part of its holding in BPSL, in order to accelerate the growth of JSW. While doing so, the Company will bring in JFE, a trusted, long]term strategic partner that will bring in technological expertise, and along with JSW Steelfs capability of project execution and operational excellence, will create further value for the joint venture. JSW shall continue to remain invested in, and will participate in the future value creation in the joint venture.
The Company firmly believes that the cash proceeds it receives from the transaction will strengthen its balance sheet even further and provide a clear runway for growth that will create significant value for its stakeholders.
Steel Authority of India Ltd rose 2.68% today to trade at Rs 135.8. The BSE Metal index is up 0.35% to quote at 33487.2. The index is down 3.4 % over last one month. Among the other constituents of the index, JSW Steel Ltd increased 1.64% and National Aluminium Company Ltd added 1.34% on the day. The BSE Metal index went up 9.96 % over last one year compared to the 5.62% surge in benchmark SENSEX.
Steel Authority of India Ltd has added 4.5% over last one month compared to 3.4% fall in BSE Metal index and 0.32% drop in the SENSEX. On the BSE, 31027 shares were traded in the counter so far compared with average daily volumes of 19.03 lakh shares in the past one month. The stock hit a record high of Rs 145.9 on 13 Nov 2025. The stock hit a 52-week low of Rs 99.2 on 12 Feb 2025.