JSW STEEL SHARE PRICE TARGET 2024, 2025 to 2030

JSW Steel Limited, a prominent Indian multinational steel producer headquartered in Mumbai, holds a significant position as the flagship company of the JSW Group. Since its establishment in 1982 by founder Sajjan Jindal, JSW Steel has emerged as India’s second-largest private sector steel company, following the successful merger of Bhushan Power & Steel, Ispat Steel, and Jindal Vijayanagar Steel Limited. With a workforce of approximately 27,000 employees as of 2024, JSW Steel has established itself as a major player in the steel industry.

As of February 6th, 2024, JSW Steel is trading at Rs. 810 with a market cap of Rs. 1,98,045 Cr.

How to purchase JSW Steel shares?

Below are the trading platforms that you can use to purchase JSW Steel shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

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JSW Steel Share Price Target: 2024, 2025 to 2030

JSW Steel Share Price Target 2024

When Maximum Price Minimum Price
February 2024 825.00 717.39
March 2024 841.84 732.03
April 2024 817.32 710.71
May 2024 805.24 700.21
June 2024 834.23 725.41
July 2024 825.88 718.16
August 2024 858.92 746.89
September 2024 893.28 776.76
October 2024 875.76 761.53
November 2024 902.03 784.38
December 2024 924.59 803.99

In 2024, JSW Steel is projected to witness varying price ranges. In February, the prices are expected to fluctuate between a maximum of 825.00 and a minimum of 717.39. As the months progress, similar fluctuations are anticipated, with March seeing a range of 841.84 to 732.03, and April with a projected range of 817.32 to 710.71. The trend continues, with expected maximum and minimum prices for May, June, July, August, September, October, November, and December 2024

JSW Steel Share Price Target 2025

When Maximum Price Minimum Price
January 2025 ₹1,082.37 ₹832.59
February 2025 ₹1,110.13 ₹853.94
March 2025 ₹1,153.42 ₹887.25
April 2025 ₹1,130.81 ₹869.85
May 2025 ₹1,097.87 ₹844.51
June 2025 ₹1,147.27 ₹882.52
July 2025 ₹1,124.78 ₹865.21
August 2025 ₹1,159.56 ₹891.97
September 2025 ₹1,200.15 ₹923.19
October 2025 ₹1,231.35 ₹947.19
November 2025 ₹1,262.14 ₹970.87
December 2025 ₹1,293.69 ₹995.15

In 2025, JSW Steel’s share price is anticipated to exhibit a notable range, with January witnessing a maximum of ₹1,082.37 and a minimum of ₹832.59. The trend continues throughout the year, culminating in December with a projected maximum of ₹1,293.69 and a minimum of ₹995.15. Investors should remain attuned to market dynamics as these fluctuations suggest potential opportunities and risks in the steel sector throughout 2025.

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JSW Steel Share Price Target 2026-2030

Year Maximum Price Minimum Price
2026 ₹1,358.38 ₹950.86
2027 ₹1,494.21 ₹1,045.95
2028 ₹2,091.90 ₹1,045.95
2029 ₹1,811.17 ₹905.58
2030 ₹2,354.52 ₹1,648.16

Over the period from 2026 to 2030, JSW Steel’s share price is projected to demonstrate a significant range. Starting at ₹1,358.38 in 2026, it is expected to reach its peak at ₹2,354.52 in 2030, with corresponding minimum values ranging from ₹950.86 to ₹1,648.16. These forecasts suggest dynamic market conditions, emphasizing the importance for investors to carefully navigate the evolving landscape and adapt their strategies accordingly.

Financial Condition of JSW Steel: Last 5 years

JSW Steel
Financial Years
Mar
2019
Mar
2020
Mar
2021
Mar
2022
Mar
2023
Sales (Rs. Crores) 84,757 73,326 79,839 146,371 165,960
Expenses (Rs. Crores) 65,827 61,513 59,661 107,257 147,550
Operating Profit (Rs. Crores) 18,930 11,813 20,178 39,114 18,410
OPM % 22% 16% 25% 27% 11%
Other Income (Rs. Crores) 196 -289 473 1,600 1,621
Interest (Rs. Crores) 3,917 4,265 3,957 4,968 6,902
Depreciation (Rs. Crores) 4,041 4,246 4,679 6,001 7,474
Profit before tax (Rs. Crores) 11,168 3,013 12,015 29,745 5,655
Tax % 33% -30% 34% 30% 27%
Net Profit (Rs. Crores) 7,524 3,919 7,873 20,938 4,139
EPS (Rs.) 31.60 16.67 32.73 85.49 17.14
Dividend Payout % 16% 15% 25% 25% 25%

Over the last 5 years, JSW Steel, a prominent steel manufacturing company, has witnessed significant fluctuations in its financial performance over the last five years. Sales figures have shown an upward trend, with revenues increasing from Rs. 84,757 crores in March 2019 to Rs. 165,960 crores in March 2023. However, the company faced challenges in managing expenses, which rose steadily from Rs. 65,827 crores to Rs. 147,550 crores during the same period. This resulted in varying operating profits, reaching a peak of Rs. 39,114 crores in March 2022.

Nevertheless, JSW Steel’s operating profit margin (OPM %) experienced fluctuations, ranging from 16% to 27%. The company’s financial performance was influenced by other income sources, interest expenses, and depreciation costs. Despite facing periods of low profitability, JSW Steel demonstrated resilience, with a net profit of Rs. 4,139 crores in March 2023.

The company’s earnings per share (EPS) also showed considerable growth, reaching Rs. 17.14 in the same year. Throughout this period, the dividend payout percentage remained stable at 25%, indicating a commitment to rewarding shareholders. JSW Steel’s financials reflect both the challenges and successes experienced by the steel industry, highlighting the company’s ability to adapt and thrive in a dynamic market environment.

FAQS

What is JSW Steel’s current share price?

As of February 6th, 2024, JSW Steel’s share price is 810 INR.

What is the share price target for JSW Steel in 2024-2030?

Based on various analyst reports, JSW Steel’s share price target for 2023-2030 ranges from 924.59 to ₹2,354.52.

Can JSW Steel reach a share price of ₹5,000 by 2025?

While JSW can reach Rs.5000 in the future, as per our analysis, by 2025 it does not look like JSW Steel can reach Rs. 5000. It is also important to consider various market factors and potential risks that could affect the company’s stock performance.

What is JSW’s steel share price target for 2025?

In 2025, JSW Steel Limited is expected to trade in between ₹869.85 and ₹1,293.69 with an average price of ₹1,081.77..

What is JSW’s steel share price target for 2030?

In 2030, JSW Steel Limited is expected to trade in between ₹1,648.16 and ₹2,354.52 with an average price of ₹2,001.34.

What factors could impact JSW Steel’s share price in the future?

Factors that could impact JSW Steel’s share price include global steel demand, raw material prices, government policies, and competition.

How has JSW Steel’s financial performance been in recent years?

JSW Steel’s financial performance has been strong in recent years, with steady revenue growth and increasing profits.

What are some potential risks for investing in JSW Steel?

Some potential risks for investing in JSW Steel include volatility in global steel markets, fluctuating raw material prices, and regulatory changes.

What are some reasons to consider investing in JSW Steel?

JSW Steel has a strong market position, a diversified product portfolio, and a track record of solid financial performance.

What is the dividend history of JSW Steel?

JSW Steel has a history of paying dividends to its shareholders, with a current dividend payout ratio of around 25%.

Which Mutual Fund companies hold JSW Steel?

Kotak Equity Arbitrage Direct-G, UTI Nifty 50 Index Fund Direct-G, and ICICI Pru Equity Savings Direct-G are some of the mutual fund companies holding JSW Steel in their portfolio

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Conclusion

In conclusion, JSW Steel has exhibited consistent sales growth over the past decade, with the last three years showing particularly robust expansion. However, the company has experienced varying levels of profitability, with a decline in profit growth over the past five years and a significant drop in the trailing twelve months.

On the other hand, the stock price has displayed positive CAGR figures, indicating appreciation and investor confidence. JSW Steel’s return on equity has generally remained stable, although there was a slight decrease in the most recent year.

Disclaimer: Connect with a SEBI-registered financial advisor for any investment advice. Whatever is mentioned in this article, is for educational purposes only and is my opinion. This is not to be taken as any financial advice.

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Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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