JSW Steel Limited is one of India’s largest steel producers and a key player in the global steel industry. It is part of the JSW Group, known for its focus on innovative, sustainable, and eco-friendly steel manufacturing. JSW Steel Share Price on NSE as of 28 October 2024 is 972.15 INR. Here will provide you more details on JSW Steel Share Price Target 2024, 2025, 2026 to 2030.
JSW Steel Limited: Market Overview
- Open Price: ₹936.00
- High Price: ₹972.45
- Low Price: ₹909.00
- Previous Close: ₹943.85
- Volume: 1,737,402
- Value (Lacs): ₹16,805.02
- VWAP: ₹958.22
- UC Limit: ₹1,038.20
- LC Limit: ₹849.50
- P/E ratio: ₹47.56
- Div yield: 0.75%
- 52-wk high: ₹1,063.00
- 52-wk low: ₹723.00
- Mkt cap: ₹2.37LCr
- Face Value: ₹1
JSW Steel Limited Competitors
Here are four competitor companies of JSW Steel Limited along with their approximate market capitalizations:
- Tata Steel Limited
- Market Capitalization: Approximately ₹1.25 lakh crore
- Steel Authority of India Limited (SAIL)
- Market Capitalization: Approximately ₹54,000 crore
- Hindalco Industries Limited
- Market Capitalization: Approximately ₹59,000 crore
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Vedanta Limited
- Market Capitalization: Approximately ₹1.05 lakh crore
JSW Steel Share Price Chart
JSW Steel Share Price Target Tomorrow 2024 To 2030
| JSW Steel Share Price Target Years | Share Price Target |
| 2024 | ₹1065 |
| 2025 | ₹1225 |
| 2026 | ₹1405 |
| 2027 | ₹1640 |
| 2028 | ₹1870 |
| 2029 | ₹2060 |
| 2030 | ₹2405 |
JSW Steel Share Price Target 2024
JSW Steel share price target 2024 Expected target could be ₹1065. Here are three points of risks and challenges for JSW Steel’s share price target in 2024:
- Volatility in Raw Material Prices: The prices of key raw materials like iron ore and coking coal can fluctuate significantly. Any sharp increase in these costs can impact profitability and pricing strategies, potentially leading to a decline in share prices.
- Global Economic Conditions: Changes in global economic conditions, such as recessions or slowdowns in major markets, can reduce demand for steel products. A slowdown in construction and infrastructure development can adversely affect sales and revenue.
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Regulatory Challenges: JSW Steel operates in a heavily regulated environment. Changes in government policies, environmental regulations, and trade tariffs can pose challenges. Compliance with stricter regulations may increase operational costs and affect overall profitability.
JSW Steel Share Price Target 2025
JSW Steel share price target 2025 Expected target could be ₹1225. Here are three points of risks and challenges for JSW Steel’s share price target in 2025:
- Competition and Market Share Pressure: The steel industry is highly competitive, with both domestic and international players. Increased competition could lead to price wars, reducing profit margins and potentially impacting JSW Steel’s market share.
- Technological Advancements: Rapid advancements in steel manufacturing technologies and alternative materials could pose a challenge. If JSW Steel fails to innovate or adopt new technologies, it may struggle to maintain its competitive edge and profitability.
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Environmental and Sustainability Issues: As the world moves towards more sustainable practices, steel manufacturers face pressure to reduce carbon emissions and adopt greener processes. Failing to comply with environmental standards or not meeting sustainability goals could result in regulatory penalties and damage to the company’s reputation, affecting share prices.
JSW Steel Share Price Target 2030
JSW Steel share price target 2030 Expected target could be ₹2405. Here are three points of risks and challenges for JSW Steel’s share price target in 2030:
- Economic Cycles and Demand Fluctuations: The steel industry is closely tied to economic growth. Economic downturns, geopolitical tensions, or changes in government policies could lead to decreased demand for steel, impacting revenues and share prices.
- Raw Material Price Volatility: JSW Steel’s profitability is heavily influenced by the prices of raw materials like iron ore and coal. Fluctuations in these commodity prices due to global supply chain issues or changes in trade policies can significantly affect production costs and profit margins.
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Regulatory and Compliance Challenges: Stricter environmental regulations and sustainability requirements may pose significant challenges. Non-compliance or the need for substantial investment in eco-friendly technologies could lead to increased operational costs, impacting overall financial performance and share value.
JSW Steel Limited Shareholding Pattern
- Promoters: 44.84%
- FII: 25.66%
- Retail: 18.96
- DII: 6.97%
- Mutual Funds: 3.57%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.jswsteel.in/
JSW Steel Limited Financials
| (INR) | 2024 | Y/Y change |
| Revenue | 1.75T | 5.45% |
| Operating expense | 504.11B | 1.00% |
| Net income | 88.12B | 112.64% |
| Net profit margin | 5.04 | 101.60% |
| Earnings per share | 34.55 | 69.19% |
| EBITDA | 283.70B | 40.14% |
| Effective tax rate | 32.94% | — |
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