Jayaswal Neco Industries Limited is a prominent Indian company with expertise in manufacturing and engineering. Founded in 1972, the company operates in iron and steel, foundries, and mining sectors. It is one of the leading producers of pig iron and castings, supplying high-quality products to industries such as automotive, construction, and infrastructure. Jayaswal Neco Share Price on NSE as of 30 December 2024 is 39.92 INR. Here are more details on Jayaswal Neco Share Price Target 2024, 2025, 2026 to 2030.
Jayaswal Neco Industries Limited: Market Overview
- Open: ₹39.45
- High: ₹40.22
- Low: ₹38.94
- Previous Close: ₹38.94
- Volume: 60,646
- Value (Lacs): ₹24.20
- VWAP: ₹39.62
- UC Limit: ₹46.72
- LC Limit: ₹31.15
- 52 Week High: ₹65.40
- 52 Week Low: ₹36.42
- Mkt Cap (Rs. Cr.): ₹3,874
- Face Value: ₹10
Jayaswal Neco Share Price Chart
Jayaswal Neco Share Price Target Tomorrow 2024 To 2030
| Jayaswal Neco Share Price Target Years | Share Price Target |
| 2024 | ₹67 |
| 2025 | ₹75 |
| 2026 | ₹82 |
| 2027 | ₹90 |
| 2028 | ₹98 |
| 2029 | ₹108 |
| 2030 | ₹120 |
Jayaswal Neco Share Price Target 2024
Jayaswal Neco share price target 2024 Expected target could be ₹67. Here are four key factors that could affect Jayaswal Neco Industries Ltd’s share price target for 2024:
- Steel Demand in Key Sectors: Growth in industries like construction, automotive, and infrastructure could drive higher demand for steel and pig iron, positively impacting the company’s revenue.
- Raw Material Availability: Efficient management of raw materials like iron ore and coal, coupled with cost-effective sourcing, can improve profitability and market competitiveness.
- Government Infrastructure Initiatives: Policies promoting infrastructure development in India could boost the demand for Jayaswal Neco’s products, creating opportunities for business expansion.
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Global and Domestic Steel Prices: Fluctuations in steel prices will play a significant role in influencing profitability and, consequently, the company’s share price performance.
Jayaswal Neco Share Price Target 2025
Jayaswal Neco share price target 2025 Expected target could be ₹75. Here are four key factors that could affect Jayaswal Neco Industries Ltd’s share price target for 2025:
- Capacity Expansion Plans: Any efforts to expand production capacity or modernize facilities can enhance the company’s ability to meet increasing demand, positively influencing its market position and revenue.
- Export Opportunities: Growing international demand for steel and castings, along with favorable trade policies, could open new revenue streams and boost the company’s financial performance.
- Technological Upgradation: Investments in advanced manufacturing technologies and automation can improve efficiency, reduce costs, and enhance product quality, strengthening the company’s competitive edge.
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Sustainability Initiatives: Emphasizing environmentally friendly practices and adopting energy-efficient production processes may attract investors and align the company with global industry trends, driving long-term growth.
Jayaswal Neco Share Price Target 2030
Jayaswal Neco share price target 2030 Expected target could be ₹120. Here are four key factors that could affect Jayaswal Neco Industries Ltd’s share price target for 2030:
- Long-Term Infrastructure Growth: India’s continued focus on large-scale infrastructure projects, urbanization, and industrialization could sustain high demand for steel and iron products, driving consistent growth for the company.
- Global Market Expansion: Successful entry into new international markets and building a strong export presence can contribute significantly to the company’s revenue streams and market valuation over the long term.
- Sustainable Practices and Green Steel Production: Adopting eco-friendly manufacturing methods and investing in green technologies to meet global sustainability standards can improve market appeal and investor confidence.
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Economic Cycles and Industry Consolidation: The company’s ability to navigate economic downturns and benefit from potential consolidation in the steel and mining industries could enhance its market position and resilience, supporting long-term growth.
Shareholding Pattern For Jayaswal Neco Industries Limited
- Promoters: 53.02%
- FII: 0.02%
- Public: 46.96%
Jayaswal Neco Industries Limited Financials
| (INR) | 2024 | Y/Y change |
| Revenue | 59.35B | -6.45% |
| Operating expense | 25.82B | 12.97% |
| Net income | 2.10B | -7.45% |
| Net profit margin | 3.54 | -1.12% |
| Earnings per share | — | — |
| EBITDA | 10.26B | 27.73% |
| Effective tax rate | 27.85% | — |
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