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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