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JSW Steel Soars to ₹1,221.6, Setting New 52-Week Benchmark

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Construction 6 hours ago Economic Times

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.