Premium
This is an archive article published on January 28, 2011

JSW Steel stock hits 52-week low

Shares of JSW Steel fell more than 5% to a 52-week low as institutions were unwinding positions.

google-preferred-btn

Shares of JSW Steel fell more than 5 percent to a 52-week low as institutions were unwinding positions after the company reported weak Q3 financial results for the December quarter.

JSW Steel stock slipped another 5 percent on Thursday soon after it announced a 32 percent drop in its net profit.

According to analysts,higher coking coal and iron ore costs continue to threaten profitability. At 10.41 a.m.,shares of the company were down 4.48 percent at 922.30 rupees.

Latest Comment
Post Comment
Read Comments
Advertisement
Live Blog
PHOTOS
In pics: From concept supercars to electronic SUV's: Bharat Mobility Global Expo 2025 was all about innovation
In Pics: From Concept Supercars to Electric SUVs – Innovation at Bharat Mobility Global Expo 2025
Top Stories
Arya’s death has now put renewed focus on the events of the past year, during which he accused the department of not only withholding dues but also “robbing” his concept. (Express photo by Sankhadeep Banerjee)
CitiesWhy Rohit Arya held 17 kids hostage in Mumbai? A long fight with Maharashtra Dept holds the key
Harmanpreet Kaur India knockouts
SportsWomen's World Cup: What makes Harmanpreet Kaur a knockout sensation?
The Taj Story movie review
EntertainmentThe Taj Story movie review: This Paresh Rawal-led courtroom drama argues loudly but proves little
The heartbreak from the failure of her movies was exacerbated when she learned about her husband's infidelity, and she eventually sought solace in liquor.
EntertainmentStar Telugu actress was involved in a scandalous marriage with married co-star; his infidelity broke her; she died an 'alcoholic'
Sam Altman tesla Roadster Elon musk
TrendingSam Altman shares email showing $50,000 Tesla booking still undelivered after 7 years with no refund: ‘I understand delays but…’
Kerala man wears Paytm QR code at daughter’s wedding
TrendingKerala man goes viral for wearing Paytm QR code at daughter’s wedding, invites guests to send digital ‘shagun’
Harmanpreet Kaur India knockouts
SportsWomen's World Cup: What makes Harmanpreet Kaur a knockout sensation?
A day before the FIDE World Cup kicks off in earnest, a small battalion of about 200 people is working tirelessly at the Resort Rio Convention Centre. (Express Photo by Amit Kamath)
SportsGrandmasters’ getaway: India’s vacation capital Goa turns into chess arena as it prepares to host the World Cup
Sardar Vallabhbhai, What we owe Sardar Patel, Sardar Patel, Sardar Vallabhbhai Patel, M Venkaiah Naidu, Venkaiah Naidu, editorial, Indian express, opinion news, current affairs
OpinionWhat we owe Sardar Patel
NHAI KYV process 2025: NHAI said that provisions will be made to automatically fetch RC details from the government's VAHAN database when the user enters the Vehicle Number, Chassis Number, or Mobile Number.
ExplainedNHAI simplifies Know Your Vehicle (KYV) process for FASTag users: What has changed?
Javed Akhtar opened up about handling failures
What Javed Akhtar’s view on failure teaches us about not letting struggles define us: ‘Hum kya karte hain, jo hamare dard hain, unko medal bana ke laga lete hain’
Sahil, 26, says his Apple Watch alerted him to a dangerously high heart rate - prompting a doctor visit that may have saved his life. (Image for representation: FreePik)
‘Apple Watch saved my life’: Madhya Pradesh man credits smartwatch after health scare
Advertisement
Must Read
SportsWomen's World Cup: What makes Harmanpreet Kaur a knockout sensation?
Harmanpreet Kaur India knockouts
SportsGrandmasters’ getaway: India’s vacation capital Goa turns into chess arena as it prepares to host the World Cup
A day before the FIDE World Cup kicks off in earnest, a small battalion of about 200 people is working tirelessly at the Resort Rio Convention Centre. (Express Photo by Amit Kamath)
SportsIND vs AUS: Indian batsmen know about Josh Hazlewood's skills but they still fail to counter him
Josh Hazlewood vs India
‘Apple Watch saved my life’: Madhya Pradesh man credits smartwatch after health scare
Sahil, 26, says his Apple Watch alerted him to a dangerously high heart rate - prompting a doctor visit that may have saved his life. (Image for representation: FreePik)
TechnologyTop 5 smartphones coming this November: OnePlus 15, Find X9 Pro, Phone (3a) Lite and more
Here are some of the best smartphones coming in November.
TechnologySystem changes are being made in how organisations hire, train, and incentivise employees: Microsoft’s Jay Parikh on AI's impact on tech industry
Jay Parikh (center) leads Microsoft's new CoreAI group, which is responsible for building Microsoft's artificial-intelligence platform and developer tools, created in January. Parikh also oversees GitHub. (Image credit: Anuj Bhatia/Indian Express)
What Javed Akhtar’s view on failure teaches us about not letting struggles define us: ‘Hum kya karte hain, jo hamare dard hain, unko medal bana ke laga lete hain’
Javed Akhtar opened up about handling failures
Advertisement
Buzzing Now
TrendingSam Altman shares email showing $50,000 Tesla booking still undelivered after 7 years with no refund: ‘I understand delays but…’
Sam Altman tesla Roadster Elon musk
TrendingKerala man goes viral for wearing Paytm QR code at daughter’s wedding, invites guests to send digital ‘shagun’
Kerala man wears Paytm QR code at daughter’s wedding
TrendingSridhar Vembu says employees barred from praising the leadership at Zoho, reveals 1 spiritual principle he swears by
Zoho founder Sridhar Vembu spiritual principle
TrendingNvidia’s Jensen Huang shares a ‘love shot’ with Samsung and Hyundai chiefs; the Internet can’t get enough: ‘They are literally getting married’
nvidia Jensen Huang shares a ‘love shot’ with Samsung and Hyundai chiefs
TrendingIndian fans troll Aussie supporter with ‘sand paper’ chants after historic win in ICC Women’s World Cup semi-final: ‘Itna nahi chidhana tha’
India women vs Australia women ICC Women’s World Cup semi-final
Oct 31: Latest News
Advertisement