About JSW Steel
JSW Steel Q2 Fy2024 Key Points And Summary:
- JSW Steel reported revenue from operations amounting to ₹41,940 crore during the quarter.
- The company achieved an operating EBITDA of ₹7,180 crore, indicating strong operational performance and efficiency.
- JSW Steel recorded a net profit of ₹2,450 crore, reflecting robust financial performance and profitability.
- The company’s net debt to equity ratio stood at 1.02x, highlighting a healthy balance sheet position. The net debt to EBITDA ratio was reported at 2.64x.
- JSW Steel demonstrated impressive operational performance with a consolidated crude steel production of 6.87 million metric tons (mt) in Q2 FY2024, marking a 12% year-on-year (YoY) increase. The average India capacity utilization rate remained high at 94%.
- Additionally, the company reported consolidated steel sales of 6.00mt, reflecting a 7% YoY growth.
JSW Steel Share Price Target 2024 To 2030
JSW Steel Share Price Target 2024
When | Maximum Price | Minimum Price |
January 2024 | ₹889.59 | ₹773.55 |
February 2024 | ₹907.74 | ₹789.34 |
March 2024 | ₹926.27 | ₹805.45 |
April 2024 | ₹899.29 | ₹781.99 |
May 2024 | ₹886.00 | ₹770.43 |
June 2024 | ₹917.89 | ₹798.17 |
July 2024 | ₹908.72 | ₹790.19 |
August 2024 | ₹945.06 | ₹821.79 |
September 2024 | ₹982.87 | ₹854.67 |
October 2024 | ₹963.59 | ₹837.91 |
November 2024 | ₹992.50 | ₹863.05 |
December 2024 | ₹1,017.31 | ₹884.62 |
In 2024, JSW Steel is anticipated to witness a gradual upward trend in its share prices. The maximum prices are expected to consistently rise month by month, reaching ₹1,017.31 in December 2024, showcasing a positive trajectory. Conversely, the minimum prices are also predicted to ascend over the year, reflecting growing stability and investor confidence.
This suggests that the expected price will continue to demonstrate an upward momentum, driven by factors such as strong market demand, strategic expansions, and robust financial performance. As a result, investors may anticipate sustained growth and potential returns in JSW Steel’s share prices throughout the year.
JSW Steel Share Price Target 2025
when | Maximum Price | Minimum Price |
January 2025 | ₹1,037.66 | ₹798.20 |
February 2025 | ₹1,064.27 | ₹818.67 |
March 2025 | ₹1,105.77 | ₹850.60 |
April 2025 | ₹1,084.09 | ₹833.92 |
May 2025 | ₹1,052.52 | ₹809.63 |
June 2025 | ₹1,099.88 | ₹846.06 |
July 2025 | ₹1,078.31 | ₹829.47 |
August 2025 | ₹1,111.66 | ₹855.13 |
September 2025 | ₹1,150.57 | ₹885.06 |
October 2025 | ₹1,180.49 | ₹908.07 |
November 2025 | ₹1,210.00 | ₹930.77 |
December 2025 | ₹1,240.25 | ₹954.04 |
In 2025, JSW Steel’s share prices are expected to continue their upward trajectory, reaching new heights throughout the year. The maximum prices are anticipated to steadily increase month by month, culminating in ₹1,240.25 by December 2025, indicating sustained growth and investor optimism. Similarly, the minimum prices are projected to rise steadily, reflecting improved stability and market confidence. This suggests that the expected price will maintain an upward trend, driven by factors such as strong demand for steel, ongoing expansions, and favorable market conditions. Consequently, investors can anticipate continued growth potential and potential returns in JSW Steel’s shares in 2025.
JSW Steel Share Price Target 2026 To 2030
Year | Maximum Price (₹) | Minimum Price (₹) |
---|---|---|
2026 | ₹1,302.26 | ₹911.58 |
2027 | ₹1,432.49 | ₹1,002.74 |
2028 | ₹2,005.48 | ₹1,002.74 |
2029 | ₹1,736.35 | ₹868.17 |
2030 | ₹2,257.25 | ₹1,580.08 |
- 2026: With a projected maximum price of ₹1,302.26 and a minimum price of ₹911.58, 2026 indicates a promising start towards continued growth for JSW Steel. This suggests that the company is likely to maintain its positive trajectory, supported by strong market demand and strategic initiatives.
- 2027: Expectations for 2027 are even brighter, with the maximum price forecasted to reach ₹1,432.49 and the minimum price expected to rise to ₹1,002.74. This signals further expansion and resilience in JSW Steel’s market position.
- 2028: JSW Steel is anticipated to achieve significant milestones in 2028, with the maximum price projected to soar to ₹2,005.48. This reflects robust growth prospects and investor confidence in the company’s strategic direction. The minimum price remains steady at ₹1,002.74.
- 2029: While 2029 sees a slight dip in the maximum price to ₹1,736.35, the minimum price remains relatively stable at ₹868.17. This suggests a period of consolidation and adjustment for JSW Steel, potentially influenced by market dynamics and industry factors.
- 2030: By 2030, JSW Steel’s share prices are expected to rebound strongly, with the maximum price forecasted to surge to ₹2,257.25. This signifies a return to growth trajectory and underscores the company’s resilience and long-term viability. The minimum price is projected to rise significantly to ₹1,580.08, indicating sustained investor confidence and positive market sentiment.
JSW Steel’s Financial Condition (Last 5 Years)
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
Sales + | 84,757 | 73,326 | 79,839 | 146,371 | 165,960 | 175,699 |
Expenses + | 65,827 | 61,513 | 59,661 | 107,257 | 147,490 | 145,730 |
Operating Profit | 18,930 | 11,813 | 20,178 | 39,114 | 18,470 | 29,969 |
OPM % | 22% | 16% | 25% | 27% | 11% | 17% |
Other Income + | 196 | -289 | 473 | 1,600 | 1,561 | 1,816 |
Interest | 3,917 | 4,265 | 3,957 | 4,968 | 6,902 | 8,181 |
Depreciation | 4,041 | 4,246 | 4,679 | 6,001 | 7,474 | 7,987 |
Profit before tax | 11,168 | 3,013 | 12,015 | 29,745 | 5,655 | 15,617 |
Tax % | 33% | -30% | 34% | 30% | 27% | |
Net Profit + | 7,524 | 3,919 | 7,873 | 20,938 | 4,139 | 11,392 |
EPS in Rs | 31.6 | 16.67 | 32.73 | 85.49 | 17.14 | 46 |
Dividend Payout % | 16% | 15% | 25% | 25% | 25% |
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