JSW Steel's shares drop as company reports 'best ever' production

JSW Steel's shares drop as company reports 'best ever' production
JSW Steel. Company website.

JSW Steel, on Friday, said that it produced 1.35 million tonne steel in the month of August 2016, its highest ever in any given month. 

The company said that crude steel production for the given month jumped 27% from 1.06 million tonne in the same month of last year. 

Production of flat and long steel jumped 15% and 24% at 9,71,000 tonne and 2,51,000 tonne, respectively. 

The company has a total installed steel making capacity of 18 million tonne per annum. 

Share price of JSW Steel was trading at a loss of 1.53% and 1.22% on NSE and BSE, respectively at 10.44 am on Friday. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-epfo-retirement-pension-scheme-early-pension-superannuation-disablement-widow-child-orphan-pension-online-login-passbook-employee-provident-fund-327598

EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know

https://www.zeebiz.com/trending/news-rains-in-tamil-nadu-orange-alert-issues-for-november-26-regional-meteorological-centre-cyclone-south-andaman-sea-puducherry-karaikkal-327505

Tamil Nadu Weather News: Heavy rain likely in TN, orange alert issued for Nov 26

https://www.zeebiz.com/markets/stocks/photo-gallery-psu-and-largecap-shares-to-buy-short-term-bse-sensex-nse-nifty-pick-of-the-day-327460

Stocks to buy: Hindustan Aeronautics, Zomato, Tata Tech, GMR Airports among analysts' top picks

https://www.zeebiz.com/trending/photo-gallery-delhi-aqi-today-air-pollution-level-falls-to-very-poor-quality-schools-closed-work-from-home-started-in-office-government-bans-firecrackers-sale-on-ecommerce-sites-city-records-lowest-temperature-327481

Delhi AQI Today: Air quality index level drops; city records season's lowest temperature

https://www.zeebiz.com/markets/stocks/photo-gallery-largecap-psu-stock-power-grid-share-price-target-nse-bse-acquires-khavda-v-a-power-transmission-project-327494

120% return in 3 years: Largecap PSU stock gains as company announces acquisition - Do you own?

https://www.zeebiz.com/markets/stocks/photo-gallery-10-stocks-to-buy-under-rs-500-psu-largecap-midcap-smallcap-nse-nifty-bse-sensex-327566

Need Stocks to Buy Under Rs 500? Analysts bullish on 10 scrips for long term

https://www.zeebiz.com/personal-finance/photo-gallery-top-5-small-cap-mutual-funds-with-best-sip-xirr-returns-in-1-year-calculator-inr-rs-25000-monthly-investment-has-grown-to-355000-nifty-150-tri-bse-invesco-edelweiss-hsbc-franklin-nav-aum-327419

Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme

https://www.zeebiz.com/personal-finance/photo-gallery-top-7-sbi-sip-mutual-funds-with-highest-sip-return-xirr-in-1-year-capital-gains-calculator-how-inr-rs-25000-monthly-investment-has-grown-to-bse-sp-nifty-multi-large-health-tech-banking-326674

Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404

Written By: ZeeBiz WebTeam
Updated: Fri, Sep 09, 2016
11:01 AM IST
Mumbai, ZeeBiz WebDesk
RELATED NEWS
JSW Steel output falls marginally to 22.81 lakh tonne in October JSW Steel output falls marginally to 22.81 lakh tonne in October
Stocks to Track on Monday: 2 companies in race for copper mines in Jharkhand Stocks to Track on Monday: 2 companies in race for copper mines in Jharkhand

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x