JSW Steel share are up by 0.61%, Nifty up by 0.17%

Jsw Steel Share Price Today : On the last trading day, Jsw Steel opened at 957.9 and closed at 960.3. The stock reached a high of 968.9 and a low of 957.9 during the day.

Livemint
Published16 Sep 2024, 11:00 AM IST
Jsw Steel Share Price Today Live Updates
Jsw Steel Share Price Today Live Updates

At 16 Sep 11:00 today, Jsw Steel shares are trading at price 960.3, 0.61% up from the previous closing price. Sensex is trading at 82987.7, up by 0.12%. The stock has hit a high of 968.9 and a low of 957.9 during the day.

On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.

The SMA values for the stock are given below :

DaysSimple Moving Average
5941.84
10937.13
20935.43
50921.25
100909.75
300867.79

Till 11 AM today, the volume traded on NSE & BSE for JSW Steel was -12.65% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

The stock is currently experiencing a strong bullish trend

From a fundamental analysis perspective, the company has a ROE of 12.29% .The current P/E of the stock is at 31.79 .

The company has a 44.81% promoter holding, 6.86% MF holding, & 10.51% FII holding as per filings in the june quarter.

The FII holding has decreased from 11.05% in march to 10.51% in the june quarter.

JSW Steel share price up 0.61% today to trade at 960.3 while its peers are mixed. Its peers such as Jindal Steel & Power, Jindal Stainless, Steel Authority Of India are falling today, but its peers Tata Steel are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.17% & 0.12% each respectively.

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Business NewsMarketsJSW Steel share are up by 0.61%, Nifty up by 0.17%
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