JSW Steel share price ends at ₹1,253.40; edges up 0.36% on September 17

Key Takeaways

• JSW Steel added ₹4.50 or 0.36% to finish at ₹1,253.40 after a modest ₹18 intraday range.
• The stock closed below the 50-day and 100-day DMAs but remained ₹25 above the 200-day DMA of ₹1,228.40.
• Its one-year return stood at 12.39%, while one-month and three-month performance remained negative.

JSW Steel share price ended September 17 at ₹1,253.40, gaining ₹4.50 or 0.36%. Trading began at ₹1,249, the same rounded level as the previous close. The stock subsequently moved between ₹1,242 and ₹1,260. Its final price was ₹11.40 above the low and ₹6.60 below the high within that ₹18 band.

The moving-average readings placed JSW Steel between shorter and longer measures. The 50-day DMA was ₹1,284.20, leaving the close ₹30.80 below it. The 100-day DMA stood at ₹1,267.40, only ₹14 above the closing price. The 200-day DMA was lower at ₹1,228.40, placing JSW Steel ₹25 above that longer-period level.

Volume totalled 1,373,260 shares. Market capitalisation stood at ₹3,06,513 crore. The stock's 52-week low was ₹1,073 and its high ₹1,351. At ₹1,253.40, the share was ₹180.40 above the annual low and ₹97.60 below the high.

Return readings improved as the period lengthened. The one-month return was -1.31%, while three-month performance was -1.64%. Six-month return turned positive at 9.41%, and the one-year figure increased to 12.39%. The longer two periods therefore remained positive despite mild declines over the shorter windows.

Price movement during September 17 was relatively restrained. The opening price was effectively unchanged from the rounded previous close, and the entire displayed range measured less than ₹20. The stock dipped to ₹1,242 before rising as high as ₹1,260 and ending toward the upper side of the day's range. The final price did not reach the 100-day or 50-day moving averages, but it remained ₹25 above the 200-day DMA. Within its ₹278 annual high-low range, JSW Steel was also nearer to the 52-week high than to the low by absolute distance.