JSW Steel Shows Strong Market Resilience Amid Broader Index Declines

JSW Steel, a prominent player in the Ferrous Metals industry, has shown notable activity today, reflecting its strong market position. The stock is currently trading at Rs 1,044.45, just 4.33% away from its 52-week high of Rs 1,089.65. Over the past three days, JSW Steel has experienced a consecutive gain, rising by 1.71%.
In terms of performance metrics, the stock's price is higher than its 5-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 20-day moving average. The company's market capitalization stands at Rs 2,54,682.00 crore, categorizing it as a large-cap stock.

JSW Steel has demonstrated resilience with a one-year performance of 12.78%, significantly outperforming the Sensex, which has declined by 3.07% during the same period. Year-to-date, the stock has gained 16.50%, while the Sensex has only increased by 2.41%. Over the longer term, JSW Steel's performance remains robust, with a remarkable 258.24% increase over the past five years, compared to the Sensex's 105.22%.