JSW Steel Ltd share price logo

JSW Steel Ltd Share Price (JSWSTEEL)

₹828.250.86%

bell
Get free price alerts. Set up your Free investment account to get Live Prices. >
Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of JSW Steel Ltd

Key events for JSW Steel Ltd

  • JSW Steel Plans Capacity Expansion with Borrowing - 21 Feb, 2024

    JSW Steel Ltd is set to expand its operations and increase its capacity to 50 million tonnes per annum by 2030 using acquisitions to secure raw materials. The company has submitted bids for commercial coal mines auction and plans to borrow $750 million for capital expenditure purposes.

  • JSW Steel Explores Stake Acquisition in Australian Mine, JV Talks with VW - 20 Feb, 2024

    JSW Steel is conducting due diligence to acquire over 20% stake in Australia's Blackwater coal mine and exploring a separate JV with Volkswagen for EV manufacturing in India. JSW Group already has a JV with SAIC Motor Corp.

  • JSW Group Announces Major Investments in Odisha - 19 Feb, 2024

    JSW Group is set to invest Rs 1.65 trillion in Odisha, including a greenfield steel manufacturing complex, EV battery project, cement plant, power plant, jetty port, and model villages. JSW Steel will invest Rs 65,000 crore in an integrated manufacturing complex in Jagatsinghpur district, generating over 30,000 jobs.

  • JSW Steel's Retail Sales Drop Due to Higher Imports - 18 Feb, 2024

    JSW Steel's retail sector sales dropped in the last quarter due to higher imports from China and FTA countries. The Ebitda margin contracted nearly 57 basis points sequentially during the December quarter to 17.1%.

  • JSW Steel to Invest Rs 65,000 Crore in Odisha Plant - 17 Feb, 2024

    JSW Group is investing about Rs 2 lakh crore in Odisha in steel, cement and electric vehicles among other businesses, aiming to establish one of India's largest industrial complexes by leveraging the state's abundance of natural resources such as iron ore. The investment includes Rs 65,000 crore for setting up an integrated steel manufacturing complex at Jagatsinghpur in the state.

  • JSW Steel Plans Major Investment in Odisha - 16 Feb, 2024

    JSW Group is set to invest ₹65,000 crore in a new integrated steel manufacturing complex in Odisha, which will include a steel plant, cement factory, and captive power facility. The project is expected to generate around 30,000 jobs and drive economic growth in the region. Additionally, JSW has signed an MoU to establish a Rs 40,000 crore EV project in the state.

  • India's Steel Industry Sees Investments Under PLI Scheme - 15 Feb, 2024

    The Ministry of Steel has announced that investments of INR 12,900 crore have been made in the domestic steel sector under the PLI scheme for specialty steel. The Centre has also classified iron and steel as a public utility for the next six months to restrict workers' ability to strike.

  • JSW Steel Plans New Manufacturing Facility; Reports Increase in Production - 14 Feb, 2024

    JSW Steel announces plans to set up a new manufacturing facility and reports a 7% YoY increase in consolidated crude steel production for January 2024. The company also reported a steep rise in net profit and revenue from operations in Q3 FY24.

  • JSW Steel Forms JV for Electrical Steel Production - 13 Feb, 2024

    JSW Steel has formed a 50:50 joint venture with Japan's JFE Steel Corporation to produce grain-oriented electrical steel in India. The newly-formed entity, JSW Electrical Steel Private Limited, will establish its manufacturing base in Bellary, Karnataka, with a planned investment of ₹5,500 crore. The facility aims to commence production in fiscal year 2027 and plans capacity expansion to meet the demand for grain-oriented electrical steel in India.

  • JSW Steel Granted Relief; JSW Group Signs Deal for EV Manufacturing Project - 12 Feb, 2024

    JSW Steel has been granted relief from paying service tax on minerals auctioned. Meanwhile, the JSW Group has signed a Rs 40,000 crore deal with the Odisha government to establish an integrated electric vehicle and battery manufacturing project.

  • JSW Group's Rs 40,000 Crore EV Project in Odisha - 11 Feb, 2024

    JSW Group signed an MoU with the Odisha government for a Rs 40,000 crore EV and battery manufacturing project that will create over 10,000 jobs. Promoters increased their pledged shares while the group aims to revolutionize the auto industry.

  • JSW Group to Invest $4.82 Billion in EV Manufacturing Project - 10 Feb, 2024

    JSW Group has signed an MoU with the government of Odisha to set up a massive electric vehicle and battery manufacturing project worth $4.82 billion. The project includes a 50 GWH EV battery plant, lithium refinery, copper smelter, and related component manufacturing units, creating over 11,000 jobs.

  • JSW Steel and JFE form 50:50 joint venture - 09 Feb, 2024

    JSW Steel and JFE have been allotted equity shares of JSW Electrical Steel Pvt Ltd, making it a 50:50 joint venture between the two companies.

  • JSW Steel Signs Green Power Contract with JSW Energy - 05 Feb, 2024

    JSW Steel is set to source green power from a 3,800-tonne hydrogen plant being set up by JSW Energy. The company also plans to bid for the iron ore mines and steel plant of ESL Steel.

  • JSW Steel Reports Strong Q3 Performance Despite Weak Domestic Demand - 02 Feb, 2024

    Despite weak domestic demand in Q3, JSW Steel reported a strong consolidated operating performance aided by subsidiaries. The company reaffirmed its FY24 production and sales volume targets and is expected to deliver over 15% volume CAGR from FY23-26E. JSW Steel expects domestic prices to rise as global pricing remains strong and China takes steps to revive its economy. Analysts have cut EBITDA estimates due to weak steel pricing.

  • Mixed Outlook for JSW Steel as Valuation Concerns Arise - 31 Jan, 2024

    Sharekhan has maintained its Reduce rating on JSW Steel due to rich valuation and elevated debt levels. The steel sector's margins are expected to come under pressure in the near term due to rising coking coal and iron ore prices. However, AUM Capitals Kochar is neutral on the sector and expects JSPL to perform well. Shares of JSW Steel settled higher ahead of results.

  • JSW Steel Sees Strong Demand for Steel in India Despite Chinese Exports - 30 Jan, 2024

    JSW Steel sees strong demand for steel in India despite concerns about Chinese steel exports. The company remains confident in achieving its production and sales targets, while also looking for coal assets to acquire.

  • JSW Steel Reports Strong Q3 Results Amid Cost Pressures - 29 Jan, 2024

    JSW Steel reports a five-fold surge in consolidated net profit for Q3 FY23 YoY, while actively seeking acquisition opportunities to secure raw materials amid rising costs.

  • JSW Steel Reports Strong Q3 Results - 28 Jan, 2024

    JSW Steel beats EPS estimates by 9.8% in Q3 with revenues of Rs 419.4bn. Cons. adjusted EBITDA of Rs 71.8 billion is above estimate due to strong performance.

  • JSW Steel Q3 FY24 Results: Profit Up 392.86% YoY - 27 Jan, 2024

    JSW Steel's Q3 FY24 profit increased by 392.86% YoY, while revenue declined by 5.93% QoQ. EPS for Q3 FY24 was ₹9.88, up 386.7% YoY. The consensus recommendation as of Jan 27, 2024, was to Hold. JSW Steel delivered a 1.5% return in the last week and has a market cap of ₹198667 Cr.

Analyst Rating for JSW Steel Ltd stock

based on 27 analysts

HOLD
40.74%
Buy
33.33%
Hold
25.93%
Sell

Based on 27 analysts offering long term price targets for JSW Steel Ltd. An average target of ₹832.81

Source: S&P Global Market Intelligence

JSW Steel Ltd share Performance

  • ₹820.95
    ₹850
    ₹828.25
    downward going graph

    0.88%

    Downside

    Day's Volatility:3.51%

    Upside

    2.63%

    downward going graph
  • ₹649.05
    ₹895.75
    ₹828.25
    downward going graph

    21.64%

    Downside

    52 Weeks Volatility:29.79%

    Upside

    8.15%

    downward going graph
1 Month Return3.9 %
3 Month Return5.85 %
1 Year Return14.04 %
Previous Close₹821.20
Open₹821.00
Volume64.20L
Market Cap₹2,00,820.68Cr

JSW Steel Ltd Company Information

JSW Steel Ltd is an Indian steel-making company founded in 1982. It is headquartered in Mumbai, and is a part of the JSW Group.

JSW Steel Ltd is India's leading integrated steel manufacturer, with operations across the steel value chain, from mining to manufacturing and distribution. It has a diverse portfolio of products, including flat and long steel products, galvanised and colour-coated products, and value-added products. Its top products are hot-rolled coils, cold-rolled coils, galvanised coils, colour-coated coils, and bars and rods.

JSW Steel Ltd also owns popular brands such as JSW NeoSteel, JSW Colouron+, JSW Vishwas, JSW Pragati, JSW Pristine, JSW Neosteel TMT, JSW Neosteel Structural, JSW Neosteel High Strength, JSW Neosteel High Performance, JSW Neosteel Ultra High Strength, and JSW Neosteel Ultra High Performance. These brands are renowned for their superior quality and performance.

Share Price: ₹828.25 per share as on 21 Feb, 2024 04:01 PM
Market Capitalisation: ₹2,00,820.68Cr as of today
Revenue: ₹41,337.00Cr as on December 2023 (Q4 23)
Net Profit: ₹2,450.00Cr as on December 2023 (Q4 23)
Listing date: 14 Jun, 1995
Chairperson Name: Sajjan Jindal
OrganisationJSW Steel Ltd
Headquarters
IndustrySteel
E-voting on sharesClick here to vote

Fundamentals of JSW Steel Ltd

Insights on JSW Steel Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 44.80% to 44.81% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 2.54% to 2.85% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 11.13% to 11.33% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, JSWSTEEL stock has moved up by 3.3%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, NMDC Ltd has given 102.0% return, outperforming this stock by 87.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Jindal Steel & Power Ltd has given 136.3% return, outperforming this stock by 34.1%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 18.62% to 18.47% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 45.41K Cr → 42.13K Cr (in ₹), with an average decrease of 7.2% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 2.76K Cr → 2.41K Cr (in ₹), with an average decrease of 12.5% per quarter

JSW Steel Ltd Valuation

JSW Steel Ltd in the last 5 years

  • Overview

  • Trends

Lowest (6.15x)

May 25, 2022

Today (17.75x)

February 20, 2024

Industry (24.38x)

February 20, 2024

Highest (63.07x)

December 28, 2020

LowHigh

JSW Steel Ltd Mutual Fund Holdings

Funds Holdings
ICICI Prudential Equity & Debt Fund Direct Plan GrowthICICI Prudential Equity & Debt Fund Direct Plan Growth0.72%
ICICI Prudential Commodities Fund Direct GrowthICICI Prudential Commodities Fund Direct Growth8.28%
UTI Nifty 50 Index Fund-Growth Option- DirectUTI Nifty 50 Index Fund-Growth Option- Direct0.82%
SBI Arbitrage Opportunities Fund Direct GrowthSBI Arbitrage Opportunities Fund Direct Growth0.46%
HDFC Index Fund Nifty 50 Plan-Direct PlanHDFC Index Fund Nifty 50 Plan-Direct Plan0.82%

JSW Steel Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
44.81%
0.03
Foreign Institutions
11.33%
1.78
Mutual Funds
2.85%
12.07
Retail Investors
18.47%
-0.85
Others
22.55%
-1.56

Technicals of JSW Steel Ltd share

News & Events of JSW Steel Ltd

News

TETHER+Cultos at MWC 2024

Join Tata Elxsi & Cultos in Fira Gran Via Barcelona from 26-29 Feb to learn how we can help you improve engagement and enhance monetization.

20 Feb, 2024 07:57 PM

Tata Elxsi Share Price Live blog for 21 Feb 2024

Tata Elxsi stock price went up today, 21 Feb 2024, by 0.9 %. The stock closed at 7707.6 per share. The stock is currently trading at 7776.95 per share. Investor... Read more

21 Feb, 2024 08:07 AM

Tata Elxsi shares decline 0.32% as Sensex climbs

A total of 7,590 shares changed hands on the counter till 11:46AM (IST)

21 Feb, 2024 11:46 AM
View More

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy JSW Steel Ltd shares.

JSW Steel Ltd (JSWSTEEL) share price today is ₹828.25

JSW Steel Ltd is listed on NSE

JSW Steel Ltd is listed on BSE

  • Today’s highest price of JSW Steel Ltd is ₹850.
  • Today’s lowest price of JSW Steel Ltd is ₹820.95.

PE Ratio of JSW Steel Ltd is 17.75

PE ratio = JSW Steel Ltd Market price per share / JSW Steel Ltd Earnings per share

Today’s traded volume of JSW Steel Ltd(JSWSTEEL) is 64.20L.

Today’s market capitalisation of JSW Steel Ltd(JSWSTEEL) is ₹200820.68Cr.

JSW Steel Ltd(JSWSTEELPrice
52 Week High
₹895.75
52 Week Low
₹649.05

JSW Steel Ltd(JSWSTEEL) share price is ₹828.25. It is down -7.54% from its 52 Week High price of ₹895.75

JSW Steel Ltd(JSWSTEEL) share price is ₹828.25. It is up 27.61% from its 52 Week Low price of ₹649.05

JSW Steel Ltd(JSWSTEELReturns
1 Day Returns
7.05%
1 Month Returns
3.9%
3 Month Returns
5.85%
1 Year Returns
14.04%