JSW Steel fell 1.66% to Rs 198.70 at 14:44 IST on BSE, with the stock sliding on profit booking after recent rally.
Meanwhile, the S&P BSE Sensex was down 190.92 points, or 0.61% at 31,071.14.
On the BSE, 2.30 lakh shares were traded on the counter so far as against the average daily volumes of 9.09 lakh shares in the past one quarter. The stock had hit a high of Rs 201.80 and a low of Rs 198.10 so far during the day. The stock had hit a record high of Rs 209.35 on 17 May 2017 and a 52-week low of Rs 133.20 on 24 June 2016.
The stock had outperformed the market over the past one month till 9 June 2017, advancing 4.93% compared with the Sensex's 4.44% rise. The scrip had also outperformed the market over the past one quarter gaining 14.31% as against the Sensex's 8.06% rise. The scrip had also outperformed the market over the past one year advancing 42.66% as against the Sensex's 16.81% rise.
The large-cap company has equity capital of Rs 241.72 crore. Face value per share is Rs 1.
JSW Steel had rallied 6.06% in the preceding four trading sessions to settle at Rs 202.05 on Friday, 9 June 2017, from its closing of Rs 190.50 on 5 June 2017.
JSW Steel's consolidated net profit spurted 235.4% to Rs 1008.58 crore on 57.1% increase in net sales to Rs 16287.30 crore in Q4 March 2017 over Q4 March 2016.
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JSW Steel is the leading integrated steel company in India.
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