JSW Steel group crude steel production at 5.07 MT in Q2FY22

JSW Steel reported group combined crude steel production at 5.07 million tonnes for Q2 FY'22, including the production at jointly controlled entities viz. Bhushan Power & Steel Ltd. (BPSL) and JSW Ispat Special Products Ltd. (JISPL)

The capacity utilization at standalone level was at 91% in Q2'22. During Q2'22, Vijayanagar works has taken planned shutdown for campaign repairs of two of its convertors and Salem works has taken annual shutdown of one of its Blast Furnaces, due to which the capacity utilisation remained at an average of 91% in this quarter.

JISPL production for Q2'22 was lower mainly due to shutdown of power plant for maintenance and consequent impact on production at Raipur and shutdown of blast furnace for 3 days for maintenance & stabilisation of slab caster at Raigarh.

Shares of JSW Steel Limited was last trading in BSE at Rs. 666.00 as compared to the previous close of Rs. 666.65. The total number of shares traded during the day was 301248 in over 5954 trades.

The stock hit an intraday high of Rs. 682.90 and intraday low of 664.25. The net turnover during the day was Rs. 202685673.00.

Shares of JSW Steel Limited was last trading in NSE at Rs. 665.85 as compared to the previous close of Rs. 666.55. The total number of shares traded during the day was 3826818 in over 53702 trades.

The stock hit an intraday high of Rs. 683.00 and intraday low of 664.50. The total traded value during the day was Rs. 2572518830.00.

Source : Equity Bulls

Keywords

JSWSteel CrudeSteelProduction Q2FY22 INE019A01038 IronandSteel