JSW Steel is currently trading at RS. 1121.00, up by 9.85 points or 0.89% from its previous closing of RS. 1111.15 on the BSE.
The stock opened at RS. 1111.15 and has touched a high of RS. 1122.70 and a low of RS. 1105.25 so far, with 31,587 shares traded on the counter.
A BSE group 'A' stock with a face value of RS. 1, JSW Steel recently marked a 52-week high of RS. 1121.90 on September 17, 2025, and a 52-week low of RS. 879.60 on January 13, 2025. Over the past week, the scrip’s high and low stood at RS. 1121.90 and RS. 1089.65 respectively. The company’s current market capitalization is RS. 274110.94 crore.
Promoters hold 45.31% of the company, while institutions and non-institutions hold 36.86% and 17.84% respectively.
The company’s Board of Directors has approved the acquisition of additional economic interest in M Res NSW HCC for a total consideration of $60 million. This transaction, combining primary subscription and secondary purchase of non-voting Class B shares, will raise JSW Steel’s economic interest in M Res NSW to 83.33%. Consequently, M Res NSW’s holding in Golden M NSW will increase to 36%, boosting JSW Steel’s effective economic interest in Illawarra Metallurgical Coal from 20% to 30%.
As part of existing investment terms, JSW Steel may invest up to $50 million in M Res NSW in 2030 to fund deferred payments to South32. With the increased stake, this obligation could rise to $75 million. The acquisition will be executed through its wholly-owned subsidiary, JSW Steel (Netherlands) B.V.
JSW Steel is among India’s largest steel manufacturers, operating major facilities in Karnataka and Maharashtra and producing crude steel, long steel, and flat steel products.