Shares of JSW Steel rose 2 percent and scaled a 4-month high of Rs 1,032.75 on March 10. The company reported a 12 percent year-on-year spike in consolidated crude steel production for February 2025, hitting 24.07 lakh tonnes, up from 21.49 lakh tonnes in the same period last year. Despite the production growth, J SWS’s Q3 FY25 net profit dropped over 70 percent YoY to Rs 719 crore, compared to Rs 2,450 crore in Q3FY24. JSW’s shares have gained 8.1 percent in the past week, largely driven by a weaker US dollar index, China’s economic stimulus measures, and production cuts announced by Beijing. The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Money Control.com advises users to check with certified experts before taking any investment decisions. Follow our market blog to catch all the live action.