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JSW Steel Ltd

(JSWSTEEL)

₹968.30.48%

as on 06:59PM, 01 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

JSW Steel Ltd Analyst Rating

based on 31 analysts

HOLD

51.61%

Buy

22.58%

Hold

25.81%

Sell

Based on 31 analysts offering long term price targets for JSW Steel Ltd. An average target of ₹975.39

Source: S&P Global Market Intelligence

JSW Steel Ltd Share analysis

JSW Steel Ltd price forecast by 31 analysts

Upside of0.73%

High

₹1220

Target

₹975.39

Low

₹700

JSW Steel Ltd target price ₹975.39, a slight upside of 0.73% compared to current price of ₹968.3. According to 31 analysts rating.

Source: S&P Global Market Intelligence

JSW Steel Ltd Performance

  • Day's Low

    Day's High

    ₹965
    ₹978
  • 52 Week's Low

    52 Week's High

    ₹723
    ₹1,063
1 Month Return-6.81 %
3 Month Return+ 7.64 %
1 Year Return+ 32.04 %
Previous Close₹963.65
Open₹968.00
Volume14.46L
Upper Circuit-
Lower Circuit-
Market Cap₹2,35,656.17Cr

JSW Steel Ltd Key Statistics

P/E Ratio47.19
PEG Ratio-2.64
Market Cap₹2,35,656.17 Cr
P/B Ratio3.37
EPS29.42
Dividend Yield1.1
SectorSteel
ROE11.57

JSW Steel Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹2,35,656.17 Cr57.4%0.73₹8,973 Cr₹1,75,006 Cr
BUY₹1,54,170.29 Cr49.81%0.57₹10,155 Cr₹2,15,962 Cr
HOLD₹1,85,455.28 Cr53.19%0.64-₹4,910 Cr₹2,29,170 Cr
BUY₹1,81,461.56 Cr39.31%0.74₹7,537 Cr₹1,43,727 Cr
SELL₹47,810.83 Cr38.44%0.73₹3,066 Cr₹1,05,378 Cr

About JSW Steel Ltd

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: ₹968.30 per share as on 01 Nov, 2024 06:59 PM
Market Capitalisation: ₹2,35,656.17Cr as of today
Revenue: ₹39,104.00Cr as on September 2024 (Q3 24)
Net Profit: ₹404.00Cr as on September 2024 (Q3 24)
Listing date: 14 Jun, 1995
Chairperson Name: Sajjan Jindal
OrganisationJSW Steel Ltd
Headquarters
IndustrySteel
E-voting on sharesClick here to vote

Key events for JSW Steel Ltd

  • JSW Steel Faces Customs Demand, Partners with Posco - 01 Nov, 2024

    JSW Steel received a customs demand notice for ₹18 lakh but plans to appeal. Additionally, it announced a joint steel venture with Posco in India.

  • DAM Capital Bullish on JSW Steel's Prospects - 31 Oct, 2024

    DAM Capital has a bullish outlook on JSW Steel, maintaining a BUY rating with a target price of Rs 1,255, suggesting a potential return of 14%. The firm is optimistic about the steel sector overall, predicting significant returns for top steel stocks.

  • JSW and Posco to Build Steel Plant in India - 30 Oct, 2024

    JSW Group and Posco have announced plans to establish a steel plant in India with an initial capacity of five million tonnes per year, focusing on electric vehicle battery materials and renewable energy.

  • JSW Steel Partners with POSCO for New Plant - 29 Oct, 2024

    JSW Group has signed a MoU with POSCO to establish a 5 million tonnes per annum integrated steel plant in India, emphasizing sustainability and collaboration on battery materials and renewable energy projects.

  • JSW Steel Faces Profit Decline Amid Challenges - 28 Oct, 2024

    JSW Steel's Q2 FY25 results show an 85.43% drop in net profit, attributed to lower income. CEO Jayant Acharya anticipates higher volumes in H2 to boost profitability despite ongoing legal hurdles in Mozambique acquisition.

  • JSW Steel Reports Significant Profit Decline - 26 Oct, 2024

    JSW Steel's net profit for Q2 FY25 plummeted 85% to Rs 404 crore due to declining revenues and a one-time exceptional cost. Revenue fell 11% to Rs 3,964 crore, while EBITDA decreased 31%. Despite a 7% increase in crude steel production, exports dropped significantly. The company anticipates a reduced capex for FY25 due to project adjustments and increased net debt.

  • JSW Steel Faces Significant Profit Decline in Q2 - 25 Oct, 2024

    JSW Steel's Q2 FY25 results show an 85% decline in net profit to ₹404 crore, driven by lower sales realization and a one-time loss. Revenue fell 11% to ₹39,684 crore, missing estimates. Despite improved production, the stock fell over 3% intraday following the earnings report.

  • JSW Steel Faces Profit-Taking Amid Support Levels - 24 Oct, 2024

    JSW Steel has experienced profit-taking after a price peak, approaching key support zones near the 100-day and 20-week SMAs. Mixed technical indicators suggest uncertainty, with strong support in the Rs 945-930 range. If this holds, a short-term rebound to Rs 990 may occur, though significant upside momentum appears limited.

  • JSW Steel Q2 Preview Indicates Significant Decline - 23 Oct, 2024

    JSW Steel's Q2FY25 results are expected to show a dramatic decline in PAT by up to 96% YoY, driven by lower volumes and prices amid seasonal challenges. Analysts predict a drop in revenue and Ebitda, with cautious forecasts reflecting ongoing market pressures.

  • 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.

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

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 10.52% to 10.66% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, JSWSTEEL stock has moved up by 0.1%

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 44.81% to 44.84% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jindal Steel & Power Ltd has given 57.7% return, outperforming this stock by 25.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Jindal Steel & Power Ltd has given 121.9% return, outperforming this stock by 78.0%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 5 quarters, 2.76K Cr → 439.0 Cr (in ₹), with an average decrease of 35.4% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 18.30% to 18.21% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 46.51K Cr → 39.83K Cr (in ₹), with an average decrease of 7.5% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 3.58% to 3.57% in Sep 2024 quarter

News

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JSW Steel Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹43,834.00Cr (-)₹41,337.00Cr (↓5.70%)₹45,646.00Cr (↑10.42%)₹42,337.00Cr (↓7.25%)₹39,104.00Cr (↓7.64%)
Net Income₹2,773.00Cr (-)₹2,450.00Cr (↓11.65%)₹1,322.00Cr (↓46.04%)₹867.00Cr (↓34.42%)₹404.00Cr (↓53.40%)
Net Profit Margin6.33% (-)5.93% (↓6.32%)2.90% (↓51.10%)2.05% (↓29.31%)1.03% (↓49.76%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,38,690.00Cr (-)₹1,66,233.00Cr (↑19.86%)₹1,75,895.00Cr (↑5.81%)₹1,87,133.00Cr (↑6.39%)
Total Liabilities₹91,713.00Cr (-)₹1,02,732.00Cr (↑12.01%)₹1,12,236.00Cr (↑9.25%)₹1,11,850.00Cr (↓0.34%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹14,110.00Cr (-)₹17,557.00Cr (↑24.43%)₹23,335.00Cr (↑32.91%)₹20,444.00Cr (↓12.39%)₹5,449.00Cr (↓73.35%)

Index Inclusions

Nifty Commodities

₹8,962.55

0.84 (74.7%)

S&P BSE Metal

₹31,496.42

0.69 (215.99%)

Nifty Metal

₹9,385.80

0.63 (58.95%)

S&P BSE Dividend Stability

₹1,039.19

0.56 (5.82%)

Nifty 500

₹22,816.55

0.56 (127.2%)

Nifty 200

₹13,688.35

0.52 (70.15%)

NIFTY 100

₹25,181.00

0.48 (121.5%)

BSE 100

₹25,648.76

0.48 (122.46%)

S&P BSE Largecap

₹9,446.88

0.48 (45.56%)

S&P BSE Commodities

₹7,590.38

0.64 (48.63%)

BSE MFG

₹1,045.05

0.74 (7.7%)

BSE 200

₹11,176.94

0.5 (56.11%)

S&P BSE 100 ESG

₹400.59

0.47 (1.87%)

Nifty100 Eq Weig

₹32,598.45

0.61 (198.4%)

SENSEX

₹79,692.62

0.38 (303.56%)

S&P BSE AllCap

₹10,538.44

0.6 (63.25%)

S&P BSE 250 LargeMidCap

₹10,607.15

0.52 (55.2%)

Nifty LargeMidcap 250

₹15,881.25

0.57 (90.7%)

BSE 500

₹35,939.38

0.56 (201.27%)

NIFTY 50

₹24,300.55

0.39 (95.2%)

S&P BSE SENSEX 50

₹25,553.96

0.4 (102.36%)

S&P BSE 100 LargeCap TMC

₹9,070.59

0.48 (43.66%)

JSW Steel Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
44.84%
0.08
Foreign Institutions
10.66%
1.33
Mutual Funds
3.57%
-0.32
Retail Investors
18.21%
-0.46
Others
22.72%
-0.35

JSW Steel Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)13.0226.0769.5613.7529.42
Details20202021202220232024
Return On Equity %17.4219.6730.247.7711.57
Details20202021202220232024
Return On Assets %3.35.712.432.364.71
Details20202021202220232024
Book Value Per Share (₹)121.59154.85223.58218.26254.65

JSW Steel Ltd Valuation

JSW Steel Ltd in the last 5 years

  • Overview

  • Trends

Lowest (6.15x)

May 25, 2022

Industry (25.07x)

November 1, 2024

Today (47.19x)

November 1, 2024

Highest (63.07x)

December 28, 2020

LowHigh

JSW Steel Ltd Earnings and Dividends

  • JSW Steel Ltd Earnings Results

    JSW Steel Ltd’s net profit fell -84.09% since last year same period to ₹439Cr in the Q2 2024-2025. On a quarterly growth basis, JSW Steel Ltd has generated -48.05% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • JSW 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 1.11%.

    Read More about Dividends

JSW Steel Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

JSW Steel Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on JSW Steel Ltd

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JSW Steel Ltd (JSWSTEEL) share price today is ₹968.3

JSW Steel Ltd is listed on NSE

JSW Steel Ltd is listed on BSE

  • Today’s highest price of JSW Steel Ltd is ₹978.
  • Today’s lowest price of JSW Steel Ltd is ₹965.

PE Ratio of JSW Steel Ltd is 47.19

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 14.46L.

Today’s market capitalisation of JSW Steel Ltd(JSWSTEEL) is ₹235656.17Cr.

JSW Steel Ltd(JSWSTEELPrice
52 Week High
₹1063
52 Week Low
₹723

JSW Steel Ltd(JSWSTEEL) share price is ₹968.3. It is down -8.91% from its 52 Week High price of ₹1063

JSW Steel Ltd(JSWSTEEL) share price is ₹968.3. It is up 33.93% from its 52 Week Low price of ₹723

JSW Steel Ltd(JSWSTEELReturns
1 Day Returns
4.65%
1 Month Returns
-6.81%
3 Month Returns
7.64%
1 Year Returns
32.04%