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.
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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.
JSW SHARE PRICE TARGET 2023
|JSW SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
The JSW STEEL share price is expected to show a bullish uptrend throughout 2023. In March, the minimum price is predicted to be ₹522.81, with the maximum price increasing by more than 29% to ₹679.65. The trend is expected to continue in April, with a minimum price of ₹575.09 and a maximum price of ₹747.62, showing a growth percentage of over 23%.
In May, although there is a dip in prices, with the minimum price being ₹479.24 and the maximum price being ₹623.01, the overall trend remains positive. This is further supported by the subsequent months of June, July, and August, where the maximum prices are predicted to reach ₹747.62, ₹897.14, and ₹986.85, 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|
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.
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JSW SHARE PRICE TARGET 2025
|JSW SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
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|
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.
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FINANCIAL STRENGTH OF JSW STEEL (2018 TO 2022)
|ANNUAL||FY 2022||FY 2021||FY 2020||FY 2019||FY 2018|
|Total Revenue Growth (%)||83.89||8.88||-13.05||20.70||26.25|
|Total Expenses Growth (%)||73.17||-2.33||-5.15||17.98||23.49|
|Profit after Tax (PAT)||20,665.00||7,911.00||4,030.00||7,639.00||6,214.00|
|PAT Growth (%)||161.22||96.30||-47.24||22.93||76.38|
|Operating Profit Margin (%)||23.59||20.10||11.14||17.83||16.48|
|Net Profit Margin (%)||14.11||9.90||5.49||9.01||8.84|
|Basic EPS (₹)||85.96||32.91||16.78||31.77||25.85|
Looking at JSW STEEL’s financial bank statement over the past five years, it’s evident that the company has seen substantial growth. The total revenue increased by 83.89% in FY 2022 compared to the previous year, reaching ₹1,47,902.00 crore. The company’s profit after tax (PAT) also saw an impressive growth of 161.22% in the same period, reaching ₹20,665.00 crore. The basic earnings per share (EPS) of the company have also increased significantly over the years, with the FY 2022 EPS standing at ₹85.96, which is more than double the previous year.
Moreover, JSW STEEL has been able to maintain a healthy operating profit margin of 23.59% in FY 2022, indicating efficient cost management. Additionally, the net profit margin of the company has also seen a steady increase over the years, reaching 14.11% in FY 2022. On the other hand, total expenses have also increased with the growth of the company, but at a lower rate than revenue.
Although there have been some fluctuations in revenue and profit growth over the years, with a significant decrease in FY 2020, JSW STEEL has managed to bounce back strongly. The company’s maximum and minimum revenue and profit targets over the past five years have been quite impressive, with a revenue range of ₹70,392.00 crore to ₹1,47,902.00 crore and PAT range of ₹4,030.00 crore to ₹20,665.00 crore. Overall, JSW STEEL has shown a commendable growth trajectory in the last five years, backed by its efficient cost management and steady expansion plans.
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Emergency Credit Line Guarantee Scheme
The maximum share price target of JSW Steel in 2026 is Rs. 1445.34
The maximum share price target of JSW Steel in 2027 is Rs. 1288.54
The maximum share price target of JSW Steel in 2028 is Rs. 2211.36
The maximum share price target of JSW Steel in 2029 is Rs. 4542.48
The maximum share price target of JSW Steel in 2030 is Rs. 5058.67
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.