JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
JSW Steel surged to a new 52-week high of ₹1,221.6 on October 29, 2025, continuing its strong upward momentum in the stock market. The stock has gained over 7% in the past four trading sessions, outperforming many of its peers in the steel sector.
With a market capitalisation approaching ₹2.89 lakh crore, JSW Steel maintains a leading position in India’s ferrous metals industry, commanding nearly 25% market share by both revenue and volume. This reinforces its role as a key player in India’s infrastructure and manufacturing growth story.
Technically, the stock is showing strong signals. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages — a bullish alignment that suggests continued investor confidence and potential for further upside.
The rally is driven by strong fundamentals, steady demand, and favorable industry dynamics. However, analysts caution that investors should monitor global steel prices, raw material costs, and macroeconomic conditions, which could impact future performance.
JSW Steel’s latest breakout adds to its long-term growth narrative, making it a stock to watch as India’s industrial expansion gains pace.
Also Read : Odisha CM, Vedanta Chief Unveil ₹1 Lakh Crore Investment Roadmap Tata Steel wins extended interim protection in mining dispute
The Ministry of Coal has begun the monetisation process for Bharat Coking Coal Limited's (BBCL) 2-MT...
Ferrous 14-Mar-2024
The Supreme Court on February 5 reserved its judgment in an appeal by the Indian Oil Corporation Lim...
Large Corporate 05-Feb-2024
India is stepping up efforts to expand its steel exports by targeting the Middle East and Asia...
Asia 10-Feb-2026
In alignment with the Prime Minister's ‘Panchamrit’ announcement during COP-26 and to pr...
Energy 12-Mar-2024
Sale of immovable property in India owned by a Non-resident (NR) individual is a more tedious affair...
Taxation 11-Jan-2024
German Vice Chancellor Lars Klingbeil has called for a complete halt to Russian steel imports, urgin...
Raw Material 04-Nov-2025