JSW STEEL LIMITED SHARE PRICE TARGET 2023 TO 2030: CAN JSW REACH 5000 INR?

One of India’s top steel producers, JSW Steel Ltd., places a strong emphasis on ethical and ecological production methods. JSW Steel has established itself as a significant participant in the steel sector with a strong presence in both home and foreign markets. Investors and analysts are therefore very interested in the company’s share price development.

This article examines the share price performance of JSW Steel over the subsequent seven years, from 2023 to 2030. We will try to offer a reasonable and knowledgeable forecast of JSW Steel’s share price trajectory in the upcoming years by looking at the company’s financials, market trends, and industry prospects.

Currently, on July 10th, 2023, JSW Steel is being traded at Rs. 811 with a market capitalization of Rs. 1.95 lakh Cr. Over the past two years, the share price of JSW Steel has remained in the range of Rs. 750. Now the question arises: Can it surpass the Rs. 1,000 mark in 2023? Additionally, what can be predicted for the share price of JSW Steel in the years 2023, 2024, 2025, and all the way up to 2030? Let’s delve into these predictions and projections.

CLICK HERE TO KNOW:

UCO BANK SHARE PRICE TARGET 2023 TO 2030: CAN UCO REACH 100 INR?

Contents

 HOW TO BUY JSW STEEL SHARE PRICE:

Here are some trading platforms that you can utilize to purchase JSW Steel shares:

– Zerodha
– Upstox
– Groww
– AngelOne
– ICICIDirect

JSW STEEL IN RECENT NEWS

  • In February, there was a 10% increase in crude steel production recorded by JSW Steel.
  • Ayena Innovations, a Ranchi-based startup, has now become 31% owned by JSW Steel following its acquisition.
  • JSW Steel USA has implemented Smart EPD to assess the environmental impact of its products.
  • According to Motilal Oswal, JSW Steel is strategically expanding its capacity to align with the robust demand, indicating a well-timed move by the company.

JSW SHARE PRICE TARGET 2023

JSW SHARE PRICE TARGET 2023 Maximum Price Minimum Price
July 2023 ₹838.14 ₹620.11
August 2023 ₹946.85 ₹729.12
September 2023 ₹1,016.19 ₹777.07
October 2023 ₹986.85 ₹759.12
November 2023 ₹1,085.54 ₹835.03
December 2023 ₹1,215.80 ₹935.23

The JSW STEEL share price is expected to show a bullish uptrend throughout 2023. In July , the minimum price is predicted to be₹620.11 , with the maximum price increasing by more than 29% to ₹838.14. The trend is expected to continue in August, with a minimum price of ₹729.12 and a maximum price of ₹946.85, showing a growth percentage of over 23%.

Inctober, although there is a dip in prices, with the minimum price being₹759.12  and the maximum price being ₹986.85, the overall trend remains positive. This is further supported by the subsequent months of November,December where the maximum prices are predicted to reach ₹1,085.54 and ₹1,215.80  respectively.

September is predicted to see the highest maximum price of ₹1,036.19 and a minimum price of ₹797.07. The bullish trend is expected to continue in October, with a maximum price of ₹986.85 and a minimum price of ₹759.12.

In November, the predicted maximum price is ₹1,085.54, with a minimum price of ₹835.03, while December is expected to see the highest maximum price of the year, reaching ₹1,215.80, with a minimum price of ₹935.23. Overall, a growth percentage is expected to be seen in the share price of JSW STEEL, making it a potentially profitable investment opportunity for investors in 2023.

JSW SHARE PRICE TARGET 2024

JSW SHARE PRICE TARGET 2024 Maximum Price Minimum Price
January 2024 ₹1,279.79 ₹1037.03
February 2024 ₹1,437.97 ₹1,198.31
March 2024 ₹1,513.65 ₹1,230.61
April 2024 ₹1,376.05 ₹1,058.50
May 2024 ₹1,146.70 ₹882.08
June 2024 ₹1,376.05 ₹1,058.50
July 2024 ₹1,169.64 ₹906.70
August 2024 ₹1,286.60 ₹1,021.11
September 2024 ₹1,350.93 ₹1,039.18
October 2024 ₹1,589.33 ₹1,222.56
November 2024 ₹1,668.80 ₹1,283.69
December 2024 ₹1,702.17 ₹1,309.37

The JSW STEEL share price is expected to continue its upward trend in 2024, with a maximum price target of ₹1,702.17 and a minimum price target of ₹882.08. In January, the predicted maximum price is ₹1,279.79, with a minimum price of ₹1037.03.

February is predicted to see a higher maximum price of ₹1,437.97, with a minimum price of ₹1,198.31. The bullish trend is expected to continue in March, with a maximum price of ₹1,513.65 and a minimum price of ₹1,230.61.

Although April is predicted to have a lower maximum price of ₹1,376.05, the minimum price target remains above ₹1,000 at ₹1,058.50. Similarly, May is predicted to have a minimum price target of ₹882.08, but a higher maximum price of ₹1,146.70.

The bullish trend is expected to continue in June, with a maximum price of ₹1,376.05 and a minimum price of ₹1,058.50. July is predicted to see a minimum price of ₹906.70 and a maximum price of ₹1,169.64. In August, the predicted maximum price is ₹1,286.60, with a minimum price of ₹1,021.11.

The maximum price target for September is ₹1,350.93, with a minimum price target of ₹1,039.18. The bullish trend is expected to continue in October, with a maximum price of ₹1,589.33 and a minimum price of ₹1,222.56. November is predicted to see a maximum price of ₹1,668.80 and a minimum price of ₹1,283.69.

Finally, in December, the maximum price target for JSW STEEL shares is predicted to reach ₹1,702.17, with a minimum price of ₹1,309.37. These targets suggest that JSW STEEL shares are expected to remain a profitable investment opportunity in 2024.

CLICK HERE:

ICICI BANK SHARE PRICE TARGET 2023 TO 2030: CAN ICICI REACH 3000 INR?

JSW SHARE PRICE TARGET 2025

JSW SHARE PRICE TARGET 2025 Maximum Price Minimum Price
January 2025 ₹1,736.22 ₹1,335.55
February 2025 ₹1,827.60 ₹1,405.84
March 2025 ₹1,918.98 ₹1,476.14
April 2025 ₹1,713.37 ₹1,317.98
May 2025 ₹1,557.61 ₹1,198.16
June 2025 ₹1,713.37 ₹1,317.98
July 2025 ₹1,631.78 ₹1,255.22
August 2025 ₹1,699.78 ₹1,307.52
September 2025 ₹1,784.76 ₹1,372.90
October 2025 ₹1,891.85 ₹1,455.27
November 2025 ₹2,024.28 ₹1,557.14
December 2025 ₹2,064.76 ₹1,588.28

JSW STEEL share price target 2025 seems to be on a bullish trend with a gradual increase in the maximum share price target throughout the year. The maximum price for January 2025 is predicted to be ₹1,736.22 and it is expected to increase to ₹2,064.76 by December 2025. The minimum price target for January 2025 is ₹1,335.55 and it is expected to rise to ₹1,588.28 by the end of the year. With a consistent growth percentage, the year 2025 is expected to be positive for JSW STEEL, with investors being more inclined towards buying and holding onto the stock. Overall, the projections for 2025 seem to be promising, and investors can look forward to a profitable year with JSW STEEL.

JSW SHARE PRICE TARGET 2026 TO 2030

JSW SHARE PRICE TARGET BY Maximum Price Minimum Price
2026 ₹1,445.34 ₹1,011.73
2027 ₹1,228.54 ₹859.97
2028 ₹2,211.36 ₹1,547.95
2029 ₹4,542.48 ₹3,179.74
2030 ₹5,058.67 ₹3,541.07

Looking ahead, the JSW STEEL share price target for the years 2026 to 2030 shows a mix of fluctuations and growth potential. The year 2026 is expected to have a maximum share price of ₹1,445.34 and a minimum of ₹1,011.73, with a possible downward trend. However, the year 2028 is expected to see a significant bullish trend, with a maximum share price of ₹2,211.36 and a minimum of ₹1,547.95. The following year, 2029, shows even greater potential, with a maximum share price of ₹4,542.48 and a minimum of ₹3,179.74, indicating a robust uptrend in the company’s performance. The year 2030 is predicted to have a maximum share price of ₹5,058.67 and a minimum of ₹3,541.07, further reinforcing JSW STEEL’s potential for growth in the long term.

CLICK HERE:

BANDHAN BANK SHARE PRICE TARGET 2023 TO 2030: CAN BANDHAN BANK REACH 1000 INR?

FINANCIAL STRENGTH OF JSW STEEL (2019 TO 2023)

Annual Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales 84,757 73,326 79,839 146,371 165,960
Expenses 65,827 61,513 59,661 107,257 147,490
Operating Profit 18,930 11,813 20,178 39,114 18,470
OPM % 22% 16% 25% 27% 11%
Other Income 196 -289 473 1,600 1,561
Interest 3,917 4,265 3,957 4,968 6,902
Depreciation 4,041 4,246 4,679 6,001 7,474
Profit before tax 11,168 3,013 12,015 29,745 5,655
Tax % 33% -30% 34% 30% 27%
Net Profit 7,524 3,919 7,873 20,938 4,139
EPS in Rs 31.60 16.67 32.73 85.49 17.14
Dividend Payout % 16% 15% 25% 25% 25%

Looking at JSW STEEL’s financial bank statement over the past five years, it’s evident that the company has seen substantial growth. 

  • JSW Steel has experienced fluctuations in sales, expenses, and profitability over the past five years.
  • Sales showed a mixed trend, reaching a peak of 165,960 in March 2023.
  • Expenses varied, with a notable increase in March 2022 and March 2023.
  • Operating profit displayed volatility, with a significant decline in March 2020 and a substantial increase in March 2022.
  • Other income contributed positively to profits, despite a dip in March 2020.
  • Interest and depreciation expenses increased over time, reflecting higher borrowing costs and investments in assets.
  • Net profit experienced fluctuations, with a notable increase in March 2022.
  • Earnings per share (EPS) followed a similar pattern, reaching its highest point in March 2022.
  • Dividend payout percentage remained relatively stable throughout the years.
  • JSW Steel’s financial performance showcased both challenges and opportunities, demonstrating the company’s ability to navigate market conditions.

Overall, the financial data highlights the dynamic nature of JSW Steel’s performance, reflecting the company’s resilience in adapting to changing market dynamics.

CLICK HERE FOR MORE:

Emergency Credit Line Guarantee Scheme

FAQ’s

What is the maximum share price target of JSW Steel in 2025?

The maximum share price target of JSW Steel in 2026 is Rs. 2,064.76

What is the maximum share price target of JSW Steel in 2027?

The maximum share price target of JSW Steel in 2027 is Rs. 1288.54

What is the maximum share price target of JSW Steel in 2028?

The maximum share price target of JSW Steel in 2028 is Rs. 2211.36

What is the maximum share price target of JSW Steel in 2029?

The maximum share price target of JSW Steel in 2029 is Rs. 4542.48

What is the maximum share price target of JSW Steel in 2030?

The maximum share price target of JSW Steel in 2030 is Rs. 5058.67

In recent years,how has the financial performance of JSW Steel been?

SW Steel has demonstrated robust financial performance in recent years, characterized by consistent revenue growth and a continual rise in profitability.

 SHARE PRICE TARGET BY EXPERTS:

Sharekhan has provided a “reduce” rating for JSW Steel Ltd, with a target price of Rs 620.

According to a report released on May 20, 2023, by Motilal Oswal, JSW Steel Ltd has been assigned a “neutral” rating, with a target price of Rs 700.

Morgan Stanley has assigned an “overweight” rating to JSW Steel Ltd and set a target price of Rs 580.

POINTS TO NOTICE WHILE INVESTING IN JSW STEEL SHARE PRICE:

  • JSW Steel has consistently achieved sales growth over the past 10 years, with a compounded annual growth rate of 16%.
  • The sales growth rate increased to 18% over the last 5 years, indicating a positive trend.
  • In the last 3 years, JSW Steel experienced significant sales growth, with a compounded annual growth rate of 31%.
  • Profit growth for JSW Steel has been a mixed bag. Over the past 10 years, the company achieved a compounded annual growth rate of 13%.
  • However, there was a decline of 10% in profit growth over the last 5 years, suggesting a decrease in profitability.
  • The trailing twelve months (TTM) data indicates a substantial decline of 83% in profit growth, indicating a significant downturn in profitability.
  • Over the past 10 years, JSW Steel’s stock price showed a compound annual growth rate (CAGR) of 28%.
  • The 5-year CAGR remained at a healthy rate of 18%, indicating sustained growth in the stock price.
  • The 3-year period witnessed a surge in stock price, with a CAGR of 58%, indicating strong performance in recent years.

 

CONCLUSION: JSW STEEL

According to JSW STEEL’s financial statements for the previous five years, the company has seen a tremendous increase in its overall revenue, PAT, and profit. In comparison to the prior year, the company’s sales climbed by 83.89% in FY 2022, while PAT growth increased by 161.22%. The business has also consistently maintained strong operating profit margins and net profit margins, which reflect effective management and spending control.

Overall, JSW STEEL’s recent financial performance has been encouraging. It is crucial to remember that investing in the stock market entails risks and uncertainties, and that past success may not be a reliable predictor of future outcomes.