Bengaluru, July 18 -- One of India's top steel producers attracted market attention today following the release of its Q1 FY26 results. Despite a sequential decline in revenues, the company delivered a sharp improvement in profitability both quarter-on-quarter and year-on-year, supported by higher production and better operating efficiencies. Recent strategic decisions, including a joint venture and a land acquisition in Odisha, are also expected to bolster its future growth prospects.

The company in focus is JSW Steel Limited, with a market capitalization of Rs. 2,55,501 crore. The stock opened today at Rs. 1,039, slightly higher than its previous close of Rs. 1,034.20, and touched an intraday high of Rs. 1,053.50, reflecting a gain of ...