iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

JSW Steel records 28% yoy rise in crude steel production during Q3FY22 to 5.35 million tonnes

11 Jan 2022 , 11:00 AM

JSW Steel

JSW Steel Limited announced its results for the quarter ending December 2021 and reported group combined steel production at 5.35 million tonnes, including the production at jointly controlled entity JSW Ispat Special Products Ltd. (JISPL).

The shares of JSW Limited opened at a lower price of Rs 664 per piece than the earlier closing of Rs 672.10 per piece, and are currently trading at Rs 657.70 per piece reflecting about a 2.14% decrease since its previous closing.

During Q3’22, the capacity utilization of existing operations at the standalone level was at 94%.

Bhushan Power & Steel Ltd.’s production of Q3 was comparatively lower due to the shutdown of the Continuous Strip Plant of 10 days for upgrading automation at the plant.

The company recorded a crude steel production growth of 16% on a standalone basis and 39% at the steel group level.

JSW Steel is the flagship business of the diversified US$ 13 billion JSW Group. As one of India’s leading business houses, JSW Group also has other business interests in sectors such as energy, infrastructure, cement, paints, sports, and venture capital. JSW Steel, certified as Great Places To Work in 2021, has emerged as an organization with a strong cultural foundation and great potential to be among the Top 100 companies

Related Tags

  • Bhushan Power & Steel Ltd
  • JSW capacity utilization in Q3
  • JSW Steel Q3 crude steel production
  • JSW Stock News
  • nifty
  • sensex
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.