Nov 08, 2013, 04.18 PM IST
During the first seven months of the current fiscal, the company has achieved crude steel production of 6.94 MT, registering a growth of 4.69 percent over the corresponding period of last year.
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JSW Steel October production up 9% at 10.62 LT
During the first seven months of the current fiscal, the company has achieved crude steel production of 6.94 MT, registering a growth of 4.69 percent over the corresponding period of last year.
Like this story, share it with millions of investors on M3
JSW Steel October production up 9% at 10.62 LT
During the first seven months of the current fiscal, the company has achieved crude steel production of 6.94 MT, registering a growth of 4.69 percent over the corresponding period of last year.
LT of crude steel in the same month last year. The production numbers include steel production from Dolvi facility of erstwhile JSW Ispat Steel, which has now been merged into JSW. Its production of flat steel was up 36 percent at 8.67 LT, while production of long steel declined by 10 percent to 1.49 MT, JSW Steel said in a statement.
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During the first seven months of the current fiscal, the company has achieved crude steel production of 6.94 MT, registering a growth of 4.69 percent over the corresponding period of last year. Flat steel is largely used by automobile and consumer durables sectors, while long steel is used in the construction and infrastructure sectors.
In 2012-13, JSW had produced 8.52 million tonnes of crude steel despite continuation of the iron ore crisis in Karnataka. Shares of the company were trading at Rs 866 apiece on the BSE at 1400 hours, down 0.34 per cent in an overall weak market.
JSW Steel stock price
On November 08, 2013, JSW Steel closed at Rs 865.95, down Rs 3, or 0.35 percent. The 52-week high of the share was Rs 893.75 and the 52-week low was Rs 451.50.
The company's trailing 12-month (TTM) EPS was at Rs 24.43 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 35.45. The latest book value of the company is Rs 811.51 per share. At current value, the price-to-book value of the company is 1.07.
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