This holding company of JSW Group zoomed by 11 per cent; do you own it?

Shares of the company rose from an opening price of Rs 4700 and hit a high of Rs 5250.

Shares of JSW Holding Limited opened at Rs 4700 and peaked at Rs 5250 on up by approximately 11 per cent today. Yesterday, JSW holding limited stock hit a high of Rs 4525.95 and has a 52-week high of Rs 5499 and its 52-week low is Rs 2806. The market cap of the company is Rs 5512 crore. On BSE, the shares volumes rose by more than 10.26 times today.  

JSW Holdings Ltd is a core investment company (CIC), which invests and finances most of the time. In FY21, about 53 per cent of income came from interest on loans, 39 per cent from dividends, and 8 per cent from pledge fees. The company has equity investments in both listed and unlisted companies, as well as mandatory and optionally convertible preference shares in different group companies. 

As of FY21, 63 per cent of the company's total investments were in JSW Steel Ltd. The company helps out other enterprises in the JSW Group that are related to it. As of FY21, it had given loans to different group companies totalling Rs 485 crore. It has also given Rs 1,550 crore worth of security to different group companies by pledging shares of JSW Steel Ltd. 

As of March 2022, the fair value of a company's total equity instruments was Rs 16544.7 crore, of which Rs 13518.54 crore was invested in associates and other investments and Rs 3026.16 crore was in unquoted investments. Sun Investments and JindalCcoated Steel are two of its investment in associates. Its biggest investment in other assets is in JSW steel.