Tuesday, March 04, 2025 | 12:55 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

JSW Steel gears up for next phase of growth, plans to raise Rs 250 bn

JSW is also investing in iron ore and coking coal mines, as part of a de-risking strategy

graph
Premium

T E Narasimhan Chennai
With Rs 450 billion in capital expenditure (capex) planned over the next 30-odd months, JSW Steel, the country’s largest in the segment by market value, is gearing up for the next phase of growth.

The levers would be higher volume, better product mix, backward integration and de-risking by entering newer markets.

All these should help the JSW Steel stock (which is to enter the National Stock Exchange's benchmark Nifty index, dislodging pharma maker Lupin), sustain its outperformance. As compared to a seven per cent rise in the benchmark Sensex on the BSE and a flat-to-declining growth for its peers, the JSW stock

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in