JSW Steel Ltd. is an Indian multinational steel making company based in Mumbai, Maharashtra. It is a subsidiary of JSW Group. It is one of the fastest growing companies in India with a global footprint in over 140 countries.[2] After the merger of ISPAT steel, JSW Steel has become India’s second largest private sector steel company. The current installed capacity of the company stands at 18 MTPA.[3] A $13 billion conglomerate, with presence across India, USA, South America & Africa, the JSW Group is a part of the O.P. Jindal Group with strong footprints across core economic sectors, namely, Steel, Energy, Infrastructure, Cement, Ventures and Sports.[4] JSW’s history can be traced back to 1982, when the Jindal Group acquired Piramal Steel Limited, which operated a mini steel mill at Tarapur in Maharashtra and renamed it as Jindal Iron and Steel Company (JISCO). Soon after the acquisition the group set up its first steel plant in 1982 at Vasind near Mumbai. Jindal Vijayanagar Steel Ltd. (JVSL) was set up in 1994, with its plant located at Toranagallu in the Ballari-Hospet area of Karnataka and External Areas of Andra Pradesh, the heart of the high-grade iron ore belt and spread over 3,700 acres (15 km2) of land. Located 340 kilometers from Bengaluru, it is well connected to both the Goa and Chennai Port. In 2005, JISCO and JVSL merged to form JSW Steel Ltd. Soon after the acquisition the group set up its first steel plant in 1982 at Vasind near Mumbai. Jindal Vijayanagar Steel Ltd. (JVSL) was set up in 1994, with its plant located at Toranagallu in the Ballari-Hospet area of Karnataka and External Areas of Andra Pradesh, the heart of the high-grade iron ore belt and spread over 3,700 acres (15 km2) of land. Located 340 kilometers from Bengaluru, it is well connected to both the Goa and Chennai Port. In 2005, JISCO and JVSL merged to form JSW Steel Ltd.
Script Name –JSWSTEEL
Expire Date-AUGUST
Buy Price –748
Profit Target-780/800
Stop Loss-730
Call Duration-CARRY FORWARD
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November 18, 2021
November 18, 2021
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