🔔 Acquisition Alert
JSW Steel to acquire 100% equity interest in Thyssenkrupp Electrical Steel India for ₹4,051.40 crore through subsidiary Jsquare Electrical Steel Nashik.
JSW Steel Ltd Analyst Rating
based on 31 analysts
54.84%
Buy
22.58%
Hold
22.58%
Sell
Based on 31 analysts offering long term price targets for JSW Steel Ltd. An average target of ₹976.77
Source: S&P Global Market Intelligence
JSW Steel Ltd Share analysis
JSW Steel Ltd price forecast by 31 analysts
Downside of
High
₹1220
Target
₹976.77
Low
₹650
JSW Steel Ltd target price ₹976.77, a slight downside of -1.59% compared to current price of ₹981.45. According to 31 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
JSW Steel Ltd revenue growth forecast
Expected growth rate Q1, FY2026:22.77%
Forecast
Actual
Including amortisation and stock based compensations
JSW Steel Ltd EPS growth forecast
EPS estimate Q1, FY2026:138.04%
Forecast
Actual
Source: S&P Global Market Intelligence
JSW Steel Ltd Performance
Day's Low
Day's High
₹980.05₹1,00552 Week's Low
52 Week's High
₹723₹1,063
| Returns % | |
| 1 Month Return | + 1.07 % |
| 3 Month Return | + 11.71 % |
| 1 Year Return | + 32.53 % |
| Market Stats | |
| Previous Close | ₹992.60 |
| Open | ₹997.00 |
| Volume | 9.53L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,42,735.76Cr |
JSW Steel Ltd Key Statistics
| P/E Ratio | 32.98 |
| PEG Ratio | 4.97 |
| Market Cap | ₹2,42,735.76 Cr |
| P/B Ratio | 3.37 |
| EPS | 29.42 |
| Dividend Yield | 1.1 |
| Sector | Steel |
| ROE | 11.57 |
JSW Steel Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹2,42,735.76 Cr | 70.36% | 0.73 | ₹8,973 Cr | ₹1,75,006 Cr | |
| BUY | ₹1,69,327.77 Cr | 61.13% | 0.57 | ₹10,155 Cr | ₹2,15,962 Cr | |
| HOLD | ₹1,93,981.53 Cr | 67.67% | 0.64 | -₹4,910 Cr | ₹2,29,170 Cr | |
| BUY | ₹1,88,031.01 Cr | 44.48% | 0.74 | ₹7,537 Cr | ₹1,43,727 Cr | |
| ₹53,296.17 Cr | 52.49% | 0.73 | ₹3,066 Cr | ₹1,05,378 Cr |
About JSW Steel Ltd
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: ₹981.45 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹2,42,735.76Cr as of today
Revenue: ₹42,337.00Cr as on June 2024 (Q2 24)
Net Profit: ₹867.00Cr as on June 2024 (Q2 24)
Listing date: 14 Jun, 1995
Chairperson Name: Sajjan Jindal
| Organisation | JSW Steel Ltd |
| Headquarters | |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for JSW Steel Ltd
JSW Steel Acquires Thyssenkrupp, Raises Rebar Prices - 21 Oct, 2024
JSW Steel's subsidiary signed an agreement to acquire Thyssenkrupp Electrical Steel India for ₹4,051.40 crore. The company also raised rebar prices by ₹1,000 per tonne.
JSW Steel Subsidiary Acquires Thyssenkrupp Stake - 20 Oct, 2024
Jsquare Electrical Steel Nashik, a subsidiary of JSW JFE Electrical Steel, has entered a share purchase agreement to acquire Thyssenkrupp Electrical Steel India for Rs 4,051.4 crore.
JSW Steel Acquires Thyssenkrupp Electrical Steel - 19 Oct, 2024
JSW Steel, in partnership with JFE Steel, has entered a share purchase agreement to acquire 100% of thyssenkrupp Electrical Steel India for Rs 4,051.40 crore, enhancing its value-added steel product portfolio.
JSW Steel Acquires Thyssenkrupp Electrical Steel Stake - 18 Oct, 2024
JSW Steel, in collaboration with JFE Steel, will acquire a 100% stake in thyssenkrupp Electrical Steel India for Rs 4,051 crore. This acquisition aims to enhance JSW's portfolio of value-added steel products and includes technology transfer agreements. The deal is subject to regulatory approvals and is expected to complete within eight months.
JSW Steel Positioned for Growth Amid Challenges - 16 Oct, 2024
JSW Steel is anticipated to outperform competitors as it expands capacity and secures key orders, despite analysts predicting a drop in EBITDA due to weak steel prices.
JSW Steel Partners for Carbon Capture Technology - 11 Oct, 2024
JSW Steel has partnered with BHP and Carbon Clean to advance carbon capture technology in steelmaking. Shares traded flat following the announcement, with a focus on sustainability.
JSW Steel Reports Production Rise Amid Profit Forecast Drop - 10 Oct, 2024
JSW Steel has partnered with BHP and Carbon Clean to explore carbon capture technology. The company reported a 6% rise in Q2FY25 crude steel production, but net profit is expected to drop over 85% YoY. Shares ended positively, reflecting investor interest in sustainability initiatives.
JSW Steel Enhances Capacity Amid Mixed Trading Performance - 07 Oct, 2024
JSW Steel has commissioned a new 4.5 MTPA blast furnace at Vijayanagar, boosting production capacity. Despite recent declines, shares are up 1.7% over six sessions.
JSW Steel Competes for Jharkhand Copper Mines - 06 Oct, 2024
JSW Steel, alongside Hindalco Industries, is competing to acquire two copper mines in Jharkhand, with a combined capacity of 3 million tonnes per annum, to enhance domestic production and lessen import dependency.
JSW Steel Achieves Milestones and Receives Buy Ratings - 04 Oct, 2024
JSW Steel has made significant advancements, including commissioning a new blast furnace and completing a merger. Analysts have issued positive ratings, indicating strong growth potential.
JSW Steel Sees Upgrades Amid Mozambique Acquisition Challenges - 03 Oct, 2024
JSW Steel's stock performance is bolstered by analyst upgrades and strong market momentum, despite facing legal hurdles in its Mozambique acquisition. The company continues to expand its operations and capacity.
JSW Cement Expands Capacity to 6 MTPA in Karnataka - 01 Oct, 2024
JSW Cement has successfully commissioned an additional 2 MTPA capacity at its Vijayanagar plant in Karnataka, raising total capacity to 6 MTPA. This expansion, costing Rs 461 crore, contributes to JSW Cement's goal of reaching 40.85 MTPA capacity through further expansions across India.
JSW Steel Hits Record High Above Rs 1,000 - 30 Sep, 2024
JSW Steel shares reached a record high of Rs 1,030, closing above Rs 1,000 for the third consecutive session. Analysts maintain positive outlook with price targets up to Rs 1,140.
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.
POSITIVE IMPACTPromoter Holding Up
Promoters have increased holdings from 44.81% to 44.84% in Sep 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 10.52% to 10.66% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Jindal Steel & Power Ltd has given 50.7% return, outperforming this stock by 18.1%
- NO EFFECT
Against Peers
In the last 3 years, Jindal Steel & Power Ltd has given 122.3% return, outperforming this stock by 75.1%
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 46.51K Cr → 43.10K Cr (in ₹), with an average decrease of 7.3% per quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 4 quarters, 2.76K Cr → 845.0 Cr (in ₹), with an average decrease of 31.2% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 3.58% to 3.57% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 18.30% to 18.21% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, JSWSTEEL stock has moved down by -2.0%
News
Stock Alert: Coal India, Bank of Baroda, Tata Steel, Sonata Software, Aster DM Healthcare
Upcoming Result: Tata Motors, ITC, Sun Pharmaceutical Industries, Aditya Birla Capital, Adani Enterprises, Adani Ports and Special Economic Zone, Dabur India, Arvind Fashions, Escorts Kubota, Emami, Zomato, Kalyan Jewellers, Akzo Nobel India, Alkyl Amines Chemicals, Aptus Value Housing Finance, Cleans Science and Technology, Great Eastern Shipping, GHCL, Godrej Agrovet, G R Infraprojects, Indegene, Max Healthcare Institute, Neuland Laboratories, Orient Electric.01 Aug, 2024 08:38 AMBuy Coal India, target price Rs 600: Motilal Oswal
Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 321817.67 Crore) operating in Mining sector.01 Aug, 2024 09:25 AMHot stocks: Brokerage view on Coal India, Tata Steel, Maruti Suzuki and M&M
CLSA has reiterated its 'Outperform' rating on Coal India and increased the target price to Rs 580 from Rs 480. The firm noted that the first quarter was robust operationally, driven by lower costs. It anticipates continued resilient volume growth in the near term and, with a 5% dividend yield, considers the risk-reward profile to be compelling.01 Aug, 2024 09:43 AMJSW Steel Ltd Financials
Index Inclusions
JSW Steel Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 44.84% | 0.08 | |
| Foreign Institutions | 10.66% | 1.33 | |
| Mutual Funds | 3.57% | ||
| Retail Investors | 18.21% | ||
| Others | 22.72% |
JSW Steel Ltd Key Indicators
JSW Steel Ltd Valuation
JSW Steel Ltd in the last 5 years
Lowest (6.15x)
May 25, 2022
Industry (25.87x)
October 18, 2024
Today (32.98x)
October 18, 2024
Highest (63.07x)
December 28, 2020
JSW Steel Ltd Earnings and Dividends
JSW Steel Ltd Earnings Results
JSW Steel Ltd’s net profit fell -63.86% since last year same period to ₹845Cr in the Q1 2024-2025. On a quarterly growth basis, JSW Steel Ltd has generated -34.95% fall in its net profits since last 3-months.
Read More about Earnings ResultsJSW Steel Ltd Dividends May,2024
In the quarter ending March 2024, JSW Steel Ltd has declared dividend of ₹7.30 - translating a dividend yield of 1.09%.
Read More about Dividends
JSW Steel Ltd Technicals Summary
Bearish
Neutral
Bullish
JSW Steel Ltd is currently in a Bullish trading position according to technical analysis indicators.
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JSW Steel Ltd (JSWSTEEL) share price today is ₹981.45
JSW Steel Ltd is listed on NSE
JSW Steel Ltd is listed on BSE
- Today’s highest price of JSW Steel Ltd is ₹1005.
- Today’s lowest price of JSW Steel Ltd is ₹980.05.
PE Ratio of JSW Steel Ltd is 32.98
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 9.53L.
Today’s market capitalisation of JSW Steel Ltd(JSWSTEEL) is ₹242735.76Cr.
| JSW Steel Ltd(JSWSTEEL | Price |
|---|---|
52 Week High | ₹1063 |
52 Week Low | ₹723 |
JSW Steel Ltd(JSWSTEEL) share price is ₹981.45. It is down -7.67% from its 52 Week High price of ₹1063
JSW Steel Ltd(JSWSTEEL) share price is ₹981.45. It is up 35.75% from its 52 Week Low price of ₹723
| JSW Steel Ltd(JSWSTEEL | Returns |
|---|---|
1 Day Returns | -11.15% |
1 Month Returns | 1.07% |
3 Month Returns | 11.71% |
1 Year Returns | 32.53% |