JSW Steel share price rises 1.60% to ₹1,248.90 on September 16

Key Takeaways

• JSW Steel gained ₹19.70 or 1.60% to ₹1,248.90 and ended only ₹1.10 below its session high of ₹1,250.
• The share remained above the 200-day DMA of ₹1,228.20 but below the 50-day and 100-day averages.
• One-year return stood at 13.44%, while the three-month reading remained negative at -3.67%.

JSW Steel share price closed September 16 at ₹1,248.90, up ₹19.70 or 1.60%. The previous close was displayed at ₹1,229. The stock opened at ₹1,244, dipped to ₹1,227 and subsequently climbed to ₹1,250. The final price was only ₹1.10 beneath the session high.

The stock recovered ₹21.90 from its low before the close. Compared with the opening price, JSW Steel added ₹4.90. Volume reached 1,859,733 shares. The day's high-low span came to ₹23.

Moving-average positioning was mixed. The 50-day DMA stood at ₹1,285.60, leaving the closing price ₹36.70 lower. The 100-day DMA was ₹1,267.80, or ₹18.90 above the close. Its 200-day DMA sat below the latest price at ₹1,228.20. JSW Steel therefore finished ₹20.70 above that longer measure.

Across 52 weeks, the share had traded between ₹1,073 and ₹1,351. The September 16 close was ₹175.90 above the annual low and ₹102.10 below the high. Its intraday peak of ₹1,250 remained ₹101 short of the 52-week top.

Return readings improved as the periods lengthened. One month stood at -1.66% and three months at -3.67%. Six months moved into positive territory at 11.58%, while one year reached 13.44%. The one-year result was only 1.86 percentage points above the six-month figure.

September 16 added a positive 1.60% move and ended with the share almost at its daily high. The closing price remained below the 50-day and 100-day averages but above the 200-day DMA. Its longer returns were positive over six months and one year, whereas the two shorter windows stayed negative. That variation gave the stock a less uniform pattern than the day's strong finish alone might suggest.