JSW Steel Ltd

GAIL (India) Ltd, IndusInd Bank Ltd, Punjab National Bank, Apollo Hospitals Enterprise Ltd are among the other stocks to see a surge in volumes on BSE today, 20 July 2026.JSW Steel Ltd witnessed volume of 4.56 lakh shares by 10:46 IST on BSE, a 7.82 times surge over two-week average daily volume of 58313 shares. The stock increased 1.68% to Rs.1,259.20. Volumes stood at 87591 shares in the last session.GAIL (India) Ltd clocked volume of 15.69 lakh shares by 10:46 IST on BSE, a 6.33 times surge over two-week average daily volume of 2.48 lakh shares. The stock gained 0.53% to Rs.172.15. Volumes stood at 1.6 lakh shares in the last session.IndusInd Bank Ltd clocked volume of 10.28 lakh shares by 10:46 IST on BSE, a 6.29 times surge over two-week average daily volume of 1.63 lakh shares. The stock lost 0.70% to Rs.1,020.00. Volumes stood at 98832 shares in the last session.Punjab National Bank notched up volume of 45.36 lakh shares by 10:46 IST on BSE, a 5.41 fold spurt over two-week average daily volume of 8.39 lakh shares. The stock rose 4.11% to Rs.110.15. Volumes stood at 4.2 lakh shares in the last session.Apollo Hospitals Enterprise Ltd clocked volume of 71002 shares by 10:46 IST on BSE, a 4.22 times surge over two-week average daily volume of 16821 shares. The stock gained 0.44% to Rs.8,860.00. Volumes stood at 14875 shares in the last session.

Total expenses for the period under review rose 3.7% YoY to Rs 41,830 crore from Rs 40,325 crore in the same period last year. This rise in raw material costs (up 18.4% YoY) more than offset the decline in finance costs (down 22.8% YoY), depreciation charges (down 15.8% YoY) and other expenses (down 7.3% YoY). EBITDA improved by 38% YoY to Rs 9,383 crore in Q1 FY27 from Rs 6,816 crore in Q1 FY26. Profit before tax in Q1 FY27 stood at Rs 6,160 crore, up by 100.5% from Rs 3,072 crore in Q1 FY26. The company's consolidated production for the quarter was 6.59 million tonnes, higher by 3% YoY and 2% QoQ. Steel Sales for the quarter were best ever for Ql at 6.25 million tonnes, up 4% YoY, with focus on flat steel sales & value-added special products (VASP). JSW Steel is engaged in the manufacture and sale of iron and steel products and is the flagship business of the diversified JSW Group, which has interests across energy, infrastructure, cement, paints, sports, and venture capital. The scrip had advanced 1.43% to end at Rs 1238.35 on the BSE today. Powered by Capital Market - Live

Net profit of JSW Steel rose 112.96% to Rs 4651.00 crore in the quarter ended June 2026 as against Rs 2184.00 crore during the previous quarter ended June 2025. Sales rose 9.90% to Rs 46662.00 crore in the quarter ended June 2026 as against Rs 42460.00 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales46662.0042460.00 10 OPM %19.9017.61 - PBDT8297.005609.00 48 PBT6160.003072.00 101 NP4651.002184.00 113 Powered by Capital Market - Live

Production from Indian operations stood at 6.35 MnT in Q1 FY27, compared with 6.14 MnT in Q1 FY26, marking a 3% YoY increase. Production at JSW Steel USA - Ohio was recorded at 0.24 MnT during the quarter. On a sequential basis, consolidated crude steel production increased 2% from 6.48 MnT in Q4 FY26. JSW Steel said YoY growth was impacted by the shutdown of Blast Furnace 3 (BF3) at its Vijayanagar facility for capacity upgradation. The furnace resumed hot metal production on June 23, 2026. Excluding the impact of the BF3 shutdown from the previous year's base, Q1 FY27 crude steel production grew around 15% YoY, supported by the full ramp-up of JSW Vijayanagar Metallics (JVML) operations and improved utilisation at the Dolvi unit. The capacity utilisation of Indian operations stood at around 94% during Q1 FY27, excluding the BF3 capacity that remained under shutdown. The company noted that production figures for previous periods have been adjusted following the transfer of the steel business undertaking of Bhushan Power and Steel (BPSL) to JSW-JFE Steel, a joint venture company, in March 2026. JSW Steel is engaged in the manufacture and sale of iron and steel products and is the flagship business of the diversified JSW Group, which has interests across energy, infrastructure, cement, paints, sports, and venture capital. JSW Steel had reported a consolidated net profit of Rs 16,370 crore in Q4 FY26, compared with Rs 1,503 crore in the corresponding period last year. Revenue from operations increased 14.19% YoY to Rs 51,180 crore for the quarter ended March 31, 2026. Shares of JSW Steel rose 0.23% to Rs 1,222.25 on the BSE. Powered by Capital Market - Live

JSW Steel reported consolidated Crude Steel production for the first quarter of FY 2026-27 at 6.59 million tonnes, higher by 2% on QoQ basis and 3% on YoY basis. Blast Furnace 3 (BF3) of Vijayanagar, was under shutdown for upgradation of capacity, started hot-metal production from 23rd June 2026. The Crude steel production growth for the quarter remained at 3% YoY, mainly due to the BF3 shutdown. Excluding BF3 production impact from last year's base, Q1 FY27 volumes grew ~15% YoY, driven by full ramp-up of JVML operations and improved utilisation at Dolvi Unit. The capacity utilisation for Indian operations for Q1 FY27 (excluding BF3 capacity under shutdown) was at ~94%.

JSW Steel has received credit ratings from CARE Ratings as under: Long term bank facilities - CARE AA+; Stable (rating upgraded) Long term / short term bank facilities - CARE AA+; Stable / CARE A1+ (LT rating upgraded/ ST rating reaffirmed) Short term bank facilities - CARE A1+ (rating reaffirmed) Issuer ratings - CARE AA+; Stable (rating upgraded) Non convertible debentures - CARE AA+; Stable (rating upgraded) Commercial paper - CARE A1+ (rating reaffirmed)

JSW Steel announced that Fitch Ratings has upgraded the company's  Long-Term Issuer Default Rating (IDR) and the rating on its outstanding bonds to 'BB+', from 'BB'. All ratings have been removed from Rating Watch Positive (RWP). The Outlook is Positive

JSW Steel today marked the commencement of development activities for its integrated steel project in the Rayalaseema region of Andhra Pradesh, reaffirming its long-term commitment to India's manufacturing growth and the industrial transformation of the state of Andhra Pradesh. The project is to set up a 2 million tonne steel plant by JSW Rayalaseema Steel, a 100% subsidiary of JSW Steel., in phases. The 1st phase, with a planned investment of Rs 4,500 crore, would be a 1-MTPA Integrated Steel Plant to manufacture low carbon emission steel products. The 2nd phase, with an additional planned investment of upto Rs 11,850 crore, will expand capacity to 2 MTPA, taking the total project investment upto Rs 16,350 crore.

JFE Steel Corporation, Japan (JFE) has on 30 June 2026 acquired a further 25% stake (on a fully diluted basis) in JSW JFE Kalinga Steel for a consideration of Rs. 7,875 crore. Consequently, JFE now holds 50% of the shareholding in JSW JFE Kalinga Steel.

JSW Steel will hold a meeting of the Board of Directors of the Company on 17 July 2026.