Stock Report

JSW Vijayanagar Metallics Ltd commissions Hot Strip Mill



Posted On : 2024-03-30 12:46:24( TIMEZONE : IST )

JSW Vijayanagar Metallics Ltd commissions Hot Strip Mill

JSW Vijayanagar Metallics Ltd, ('JVML') a Wholly-Owned Subsidiary of the Company, has today, successfully commissioned its Hot Strip Mill ('HSM') at its integrated steel plant at Vijayanagar with a capacity of 5MTPA and has made its first dispatch.

The HSM facility has capability of manufacturing plates, coils and is equipped with advanced features such as Digital Reheating Furnaces, Evaporative Cooling System and Waste Heat Recovery System, Attached Edger in Finishing mills for accurate width control, Auto Steering Control, uniform mechanical properties and production of superior valueadded grades.

The HSM facility was lit-up on March 17, 2024, and after successful completion of trial runs and quality & delivery testing, the commercial manufacturing and sales have commenced.

Shares of JSW Steel Limited was last trading in BSE at Rs. 831.35 as compared to the previous close of Rs. 817.80. The total number of shares traded during the day was 85589 in over 4497 trades.

The stock hit an intraday high of Rs. 840.90 and intraday low of 820.20. The net turnover during the day was Rs. 71319854.00.

Source : Equity Bulls

Keywords

JSWSteel INE019A01038 JSWVijayanagarMetallics HotStripMill Commissioned 5MTPA