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JSW Steel stock rises 36% from 52-week low; how far it can go?

Shares of JSW Steel have surged over 36% from their 52-week low in nearly six months. Currently, the shares of JSW Steel trade at Rs 708.10 against the yearly low of Rs 520.10 hit on May 26, 2022, implying a gain of 36.19% during the period. The rally in the JSW Steel stock can be attributed to a growth in healthy steel demand globally as well as domestically during FY23.  A strong recovery in the Indian market since May-end has also led to positive sentiment around the stock. The 30-stock Sensex has surged 13.73% or 7,451 points since May 26 this year. Similarly, the BSE metal index has climbed 12% or 2124 points from 17,751 on May 26 to 19,875 in the current session. ....

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JSW Steel shares rise 36% from 52-week low; more upside likely?

Shares of JSW Steel have surged over 36% from their 52-week low in nearly six months. Currently, the shares of JSW Steel trade at Rs 708.10 against the yearly low of Rs 520.10 hit on May 26, 2022, implying a gain of 36.19% during the period. The rally in the JSW Steel stock can be attributed to a growth in healthy steel demand globally as well as domestically during FY23.  A strong recovery in the Indian market since May-end has also led to positive sentiment around the stock. The 30-stock Sensex has surged 13.73% or 7,451 points since May 26 this year. Similarly, the BSE metal index has climbed 12% or 2124 points from 17,751 on May 26 to 19,875 in the current session. ....

Manoj Dalmia , Girish Sodani , Tata Steel , Jindal Steel , Proficient Equities , Equity Market , Swastika Investmart , Shares Of Jsw Steel , Sw Steel Stock Rises , Jsw Steel Shares , Sw Group Firm , Sw Steel Stock Target Price , Jsw Steel Q2 Earnings , Jsw Steel Net Profit , Sw Steel Revenues , Jsw Steel Share Price Today , Sw Steel Revenue , Indal Steel Stock , Indal Steel Stock Rises , Tata Steel Stock , Indal Steel Stock Gains , Ail Share Rise ,