Steel main JSW Steel introduced its January-March quarter outcomes for the monetary yr 2020-21 on Friday, May 21, reporting its highest ever quarterly internet revenue at Rs 4,198 crore, pushed by strong home demand in addition to exports and improved metal costs. According to a regulatory submitting by the corporate to the inventory exchanges, the online revenue stood at Rs 231 crore within the corresponding quarter of the earlier fiscal on a consolidated foundation. The firm’s internet revenue within the March quarter zoomed 1,717 per cent on a year-on-year foundation. (Also Read: JSW Steel Reports Steel Production At 13.71 Lakh Tonnes )
On Friday, May 21, share worth of JSW Steel settled 0.50 per cent increased at Rs 697.80 apiece on the BSE. On Friday, JSW Steel opened the buying and selling session at Rs 701, touching an intra day excessive of Rs 706.40, and an intra day low of Rs 694.95 on the BSE, all through the buying and selling session.