JSW Steel share price finishes at ₹1,273.20 after 1.90% decline on September 24

Key Takeaways

• JSW Steel ended at ₹1,273.20, down ₹24.60 or 1.90%, and finished only ₹1.20 above the session low of ₹1,272.
• The close sat below the 50-day DMA of ₹1,282.20 but above the 100-day and 200-day averages of ₹1,267.90 and ₹1,230.50.
• Three-month, six-month and one-year returns remained positive at 2.50%, 14.74% and 11.84%, respectively.

JSW Steel share price ended September 24 at ₹1,273.20, down ₹24.60 or 1.90%. The previous close was ₹1,298, which also matched the displayed intraday high. The stock opened at ₹1,289 and fell to ₹1,272. The ₹26 session range left the closing price only ₹1.20 above the low and ₹24.80 below the high.

Volume was 879,194 shares, while market capitalisation stood at ₹311,355 crore. From the ₹1,289 opening price to the ₹1,273.20 finish, the stock ended ₹15.80 lower on the displayed levels. Its closing position was therefore concentrated near the lower end of the day’s range.

The moving-average placement was mixed. The 50-day DMA stood at ₹1,282.20, just ₹9 above the close. The 100-day DMA was ₹1,267.90, putting the closing price ₹5.30 above it. The 200-day DMA at ₹1,230.50 was ₹42.70 below the finish. Only ₹14.30 separated the 50-day and 100-day averages.

The 52-week low was ₹1,073 and the high ₹1,351. At ₹1,273.20, JSW Steel closed ₹200.20 above the annual low and ₹77.80 below the high. The complete 52-week range measured ₹278.

Return figures were negative over one month at -1.58%, but positive for the other three displayed periods. Three months stood at 2.50%, six months at 14.74% and one year at 11.84%. The six-month figure was the strongest, exceeding one year by 2.90 percentage points.

Among the moving averages, the 100-day reference was nearest to the close at a distance of ₹5.30, followed by the 50-day DMA at ₹9. The session low was closer still, only ₹1.20 below the finish. The 52-week high remained ₹77.80 above the close, while the annual low was ₹200.20 lower.