Mumbai, January 9 (Udaipur Kiran). Shares of JSW Steel moved higher on Thursday after the company reported a 6 percent year-on-year rise in consolidated crude steel production for the third quarter of FY26.
The stock was trading at ₹1,162.75 on the BSE, up ₹7.40 or 0.64 percent from its previous close of ₹1,155.35. It opened at ₹1,155.80 and touched an intraday high of ₹1,163.35 and a low of ₹1,155.50. A total of 8,517 shares were traded during the session.
The BSE Group ‘A’ stock, with a face value of ₹1, has recorded a 52-week high of ₹1,223.75 on October 29, 2025, and a 52-week low of ₹879.60 on January 13, 2025. Over the past one week, the scrip moved between ₹1,154.50 and ₹1,197.50. The company’s current market capitalisation stands at ₹2,84,222.89 crore. Promoters hold a 45.32 percent stake, while institutional and non-institutional investors hold 36.93 percent and 17.75 percent respectively.
JSW Steel reported consolidated crude steel production of 7.48 million tonnes in Q3FY26, compared with 7.03 million tonnes in the corresponding quarter last year. Production from Indian operations rose 7 percent year-on-year to 7.28 million tonnes from 6.82 million tonnes in Q3FY25. Crude steel production at JSW Steel USA – Ohio stood at 0.20 million tonnes during the quarter.
The company said Blast Furnace-3 at its Vijayanagar plant has been under shutdown since the end of September 2025 for capacity upgradation and is expected to be commissioned by the end of Q4FY26. As a result, capacity utilisation at Indian operations was impacted during Q3FY26. Capacity utilisation excluding BF3 stood at around 93 percent, while including BF3 it was at 85 percent.
JSW Steel is among the largest steel manufacturers in India, with production facilities in Karnataka and Maharashtra, producing crude steel as well as long and flat steel products.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
