JSW Steel Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

In India, there is a steel maker known as JSW Steel Limited. The flagship company of JSW Group was established in 1994. It manufactures a variety of steel products, including Galvanized Steel, Cold Rolled Steel, Pre-painted Galvanized Steel, and Hot Rolled Steel. These goods have reached a variety of nations, including Africa, South America, and the United States. The company has manufacturing facilities all over India, including those in Karnataka, Tamil Nadu, and Maharashtra, as well as a registered office in Mumbai.

JSW Steel Share Price Target 2024-2030

Iron and steel products are the primary focus of JSW Steel’s operations. It will be the main organization of expanded JSW Gathering which is esteemed at US$23 billion. The Group manages money from investors who are interested in starting new businesses and includes businesses like energy, infrastructure, cement, paint, and sports. The price of a JSW Steel share on the NSE is 675.40INR, and the price of a JSW Steel share on the BSE is 676.55INR.

JSW Steel Share Price Target Today Update

JSW Steel is a multinational corporation. The current price of a JSW Steel share is 825.95INR. This price fluctuates, but it is mostly going up. The share price of JSW Steel is the same as the price of the stock. Only the alternative words for each other are present. The JSW Ispat Steel ltd share cost is 9.98INR, it is the auxiliary organization subsequently its portion cost is lower than that of a holding organization. JSW Steel is a holding company that has several subsidiaries, one of which is JSW Stainless steel.

What Is JSW Steel Limited Company?

The central command of the organization is arranged in Mumbai. India’s second-largest private steel manufacturer company was JSW Steel. JSW Steel Offer generally gives great re-visitations of financial backers. The share will generate long-term profits for anyone who chooses to invest in it.

History Of JSW Steel Share Price Target

The bullish trend in the stock market is JSW Steel Share. JSW Steel Offer is under the both Indian Stock Trade BSE (Bombay Stock Trade) and NSE (Public Stock Trade). The company’s share price has increased by +115.20 (13.76%) in the last six months, by +156.00 (19.53%) in the last one year, by +686.15 (257.25%) in the last five years, and by +913.68 (2,341.06%). In the last three months, the share price return percentage for JSW Steel was 10.19 percent, while it was 20.12 percent in the previous year, 41.58 percent in the previous three years, and 245.52 percent in the previous five years.

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JSW Business Profile

Hot-dipped galvanized and galvalume products, pre-painted hot-dipped galvanized and galvalume products, gold standard thermo mechanically treated bars (TMT), wire rods, and unique steel bars are also offered by the company. Steel for this company is produced by a variety of manufacturing facilities, including Vijayanagar Works (ISP), Dolvi Works (ISP), Salem Works (ISP), Bhushan Power & Steel Ltd., Salav Works, and Mivaan Steels Ltd. In addition, JSW Steel serves a variety of markets, including construction, infrastructure, auto parts, electrical applications, and appliances.

  • Product Portfolio: The range of things that the firm has contains hot-rolled, cold-rolled, galvanneal, aroused/galvalume, pre-painted, tinplate, electrical steel, TMT bar, wire pole, unique steel bar and round and sprout classifications.
  • Distribution Network: The company currently operates roughly 17,500 retail establishments in over 530 districts across India. It has 2,025 branded stores and 2,475 points of distribution, including 450 distributors. JSW Privilege Club is affiliated with more than 82,000 partners and 14 experience centers nationwide.
  • JSW One: One of the most well-known B2B transaction networks in India that caters to MSME purchasing requirements. Mitsui & Co. purchased an 8.2% stake in JSW One, while JSW Steel owns a 69.01% stake. As of Q3FY24, there were approximately 43,000 registered users, who visited the website approximately 155,000 times and had a repeat customer ratio of approximately 68%.
  • NCDs: The company decided to issue Secured/Unsecured Redeemable Non-convertible Debentures totaling approximately Rs. on January 24.

JSW Steel Fundamentals & Quarterly Results

Metric Value
Market Cap ₹ 2,22,157 Cr.
Current Price ₹ 908
High / Low ₹ 959 / 723
Stock P/E 31.9
Book Value ₹ 318
Dividend Yield 0.80 %
ROCE 13.3 %
ROE 11.8 %
Face Value ₹ 1.00
FCF Prev Ann ₹ 8,574 Cr.
Debt to Equity 1.13
Debt Preceding Year ₹ 80,853 Cr.
Reserves ₹ 77,364 Cr.
Quick Ratio 0.40
Current Ratio 0.98
Free Cash Flow ₹ -3,469 Cr.

JSW Steel Quarterly Results

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Sales + 38,086 41,778 39,134 46,962 42,213 44,584 41,940 46,269 42,943
Expenses + 33,794 40,082 34,643 39,031 35,201 36,722 34,776 40,243 37,445
Operating Profit 4,292 1,696 4,491 7,931 7,012 7,862 7,164 6,026 5,498
OPM % 11% 4% 11% 17% 17% 18% 17% 13% 13%
Other Income + 189 779 188 465 331 826 194 242 164
Interest 1,422 1,523 1,819 2,138 1,963 2,084 1,996 2,062 2,073
Depreciation 1,778 1,805 1,882 2,009 1,900 2,019 2,059 2,194 2,209
Profit Before Tax 1,281 -853 978 4,249 3,480 4,585 3,303 2,012 1,380
Tax % 34% 7% 52% 12% 30% 40% 26% 34% 37%
Net Profit + 839 -915 474 3,741 2,428 2,773 2,450 1,322 867
EPS in Rs 3.47 -3.51 2.03 15.16 9.67 11.29 9.88 5.31 3.46

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CAGR Report

Metric 10 Years 5 Years 3 Years TTM / 1 Year
Compounded Sales Growth 13% 16% 30% 3%
Compounded Profit Growth 38% 2% 2% 36%
Stock Price CAGR 22% 32% 7% 15%
Return on Equity 17% 17% 17% 12%

JSW Steel Shareholding Pattern

Metric Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Jun 2024
Promoters + 41.75% 42.66% 42.71% 44.07% 45.01% 45.41% 44.81% 44.81%
FIIs + 19.86% 18.58% 17.13% 12.69% 11.58% 26.01% 26.06% 25.52%
DIIs + 17.78% 2.87% 4.39% 7.11% 7.94% 9.47% 9.81% 10.52%
Government + 0.51% 0.51% 0.51% 0.51% 0.51% 0.51% 0.51% 0.51%
Public + 19.65% 34.74% 34.65% 35.15% 34.65% 18.07% 18.44% 18.30%
Others + 0.45% 0.64% 0.61% 0.47% 0.31% 0.53% 0.37% 0.34%
No. of Shareholders 5,98,406 5,90,514 6,01,150 5,63,121 6,59,879 6,05,019 6,71,779 6,35,680

JSW Steel Share Price Target 2024-2030 Forecast

Year Initial Target Mid-Year Target Year-End Target
2024 ₹1054.03 ₹1191.69 ₹1274.29
2025 ₹1300 ₹1222 ₹1460
2026 ₹1489 ₹1399 ₹1670
2027 ₹1703 ₹1601 ₹1911
2028 ₹1949 ₹1832 ₹2186
2029 ₹2230 ₹2097 ₹2503
2030 ₹2553 ₹2399 ₹2864

JSW STEEL Share Price Target 2025

Month Target
January ₹1300
February ₹1326
March ₹1353
April ₹1308
May ₹1264
June ₹1222
July ₹1271
August ₹1322
September ₹1375
October ₹1403
November ₹1431
December ₹1460

JSW STEEL Share Price Target 2026

Month Target
January ₹1489
February ₹1519
March ₹1549
April ₹1497
May ₹1447
June ₹1399
July ₹1455
August ₹1513
September ₹1574
October ₹1605
November ₹1637
December ₹1670

JSW STEEL Share Price Target 2027

Month Target
January ₹1703
February ₹1737
March ₹1772
April ₹1713
May ₹1656
June ₹1601
July ₹1665
August ₹1732
September ₹1801
October ₹1837
November ₹1874
December ₹1911

JSW STEEL Share Price Target 2028

Month Target
January ₹1949
February ₹1988
March ₹2028
April ₹1960
May ₹1895
June ₹1832
July ₹1905
August ₹1981
September ₹2060
October ₹2101
November ₹2143
December ₹2186

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JSW STEEL Share Price Target 2029

Month Target
January ₹2230
February ₹2275
March ₹2321
April ₹2244
May ₹2169
June ₹2097
July ₹2181
August ₹2268
September ₹2359
October ₹2406
November ₹2454
December ₹2503

JSW STEEL Share Price Target 2030

Month Target
January ₹2553
February ₹2604
March ₹2656
April ₹2568
May ₹2482
June ₹2399
July ₹2495
August ₹2595
September ₹2699
October ₹2753
November ₹2808
December ₹2864

Points Before investing in The JSW Steel ltd:-

  • It is necessary to examine the company’s financials, including sales, growth, and revenue, as well as the growth opportunities in the stock you are investing in.
  • The company’s fund should be categorized, and all relevant information, including type, category, and performance, should be recorded. Because the risk factors in stocks are extremely high, it is necessary to manage them.
  • The investor ought to be content with the return on their investment, which ought to be greater than the amount initially invested.
  • Always pay attention to how much you are willing to invest in shares. In the event that the offer you will put is as of now performing great in the stock trade there are chances of development as well as loss of the asset.

Final Words

JSW Steel ltd is a multinational company with its headquarters in Mumbai, the company also has a number of subsidiaries. Since it is a company that makes steel, it makes more than one million tons of steel every year. This shows that people want steel, so the company makes more money. Regardless of the stock exchange, whether national or international, the business is doing well. But the analysts had predicted that the company’s revenue and earnings would grow, so the earnings statement and net profit are different.

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