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53% Buy

JSW Steel Share Price

JSWSTEEL

₹999.85-₹5.95 (-0.59%) TodayLast updated on 13 Dec, 2024 | 15:58 IST

JSW Steel Share Price Chart

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  • About JSW Steel
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About JSW Steel

JSW Steel Financials

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Market cap
Market Cap Switch₹2,45,373 Crs
Open
₹995.00
Close
₹1,005.80
Circuit range
₹1,099.80 - ₹899.90
Day range
₹973.05 - ₹1,003.50
Year range
₹761.75 - ₹1,063.00
Volume
24,44,182
Avg. traded
₹988.63
Revenue (12m)
₹1,70,836 Crs
JSW Steel

JSW Steel operates within the JSW Group, engaging in diversified sectors such as energy, infrastructure and cement. The JSW Group boasts a substantial $23 billion in revenue across crucial sectors.

In 1982, the JSW group ventured into the steel industry by acquiring Piramal Steel Limited, setting the foundation for JSW Steel's emergence. This initial move led to the formation of Jindal Vijayanagar Steel Limited (JVSL) in 1994. This strategic step expanded production capacity and solidified JSW's position in the Indian steel market.

A pivotal moment unfolded in 2005 when JISCO and JVSL merged, giving rise to JSW Steel Limited. This consolidation brought the entire Jindal Steel legacy under a unified entity.

On March 25, 2005, it became a listed public company on the National Stock Exchange (NSE) and the BSE.

JSW Steel is India's foremost integrated steel producer, with an annual production capacity exceeding 18 million tonnes. The market capitalisation of JSW Steel is close to ₹200,000 crore as of February 1st, 2024. JSW Steel share price has gained over 110% in three years.

Business operations

JSW Steel specialises in the manufacturing and distribution of iron and steel products. It has diverse steel production facilities at Vijayanagar in Karnataka, Dolvi in Maharashtra and Salem in Tamil Nadu. It secures its raw material base with ownership of 13 captive iron ore mines, positioning itself as a stalwart in the global steel market.

JSW Steel has a crude steel capacity of 27.7 million tonnes per annum (MTPA), inclusive of Bhushan Power and Steel Limited (BPSL) and JSW Ispat Special Products Limited. Its domestic downstream steel capacity is approximately 13.5 MTPA, including entities like JSW Coated Products and the Vijayanagar CRM Complex.

The company operates across over 100 countries. It has a formidable presence in the USA where it maintains a capacity of 1.5 MNTPA through JSW Steel USA. In FY23, it added 394 new branded stores.

To maintain a leading position in technological advancement, JSW has forged a technological collaboration with JFE Steel Corp, Japan, focusing on producing high-strength and advanced high-strength steel for the automotive sector. A joint venture with Marubeni-Itochu Steel Inc. Tokyo has also been established to create cutting-edge steel processing centres.

Further expanding its global presence, JSW Steel acquired a pipe and plate-making steel mill in Baytown in the US state of Texas. JSW Steel aims to achieve an annual steel production of 40 million tons by the end of the next decade.

JSW Steel recorded a 12 per cent year-on-year surge in crude steel production during the third quarter of FY24. The company achieved a production milestone of 6.87 million tonnes, reflecting an 8 per cent increase from the preceding quarter, primarily fueled by heightened demand stemming from increased infrastructure projects.

Financial highlights

– The total revenue from operations of JSW Steel stood at ₹165,960 crore for FY23 as against the previous financial year’s ₹146,371 crore. – The profit after tax (PAT) for FY23 stood at ₹4,139 crore, which was ₹20,938 crore in the previous financial year. – The EBITDA (earnings before interest, taxes, depreciation, and amortisation) increased to ₹18,547 crore from ₹39,007 crore in FY22. – The earnings per share (EPS) stood at ₹17.25 in FY23 compared to ₹85.96 in FY22.

Jsw Steel Key indicators

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52 week high
₹1,063.00
52 week low
₹761.75
P/E ratio
49.2
P/B ratio
3.07
ROE
11.66%
ROCE
14.4%
Dividend yield
0.73%
Debt/Equity ratio
0.79
EPS
32.95

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Investment checklist: (4/6)
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Equity returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

53%

Hold

20%

Sell

27%

This analysis is based on the reviews of 30 experts in the last 7 days

Brands by JSW Steel

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JSW Galvos

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JSW Steel

JSW Steel Fundamentals

JSW Steel Financial Ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

17.52%

Net profit margin

5.95%

ROE

11.66%

ROA

4.49%

ROCE

14.4%

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Revenue statement

All values are in ₹ Crores (Cr)
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  • Revenue

  • Operating profit

  • Net profit

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Cash flow

All values are in ₹ Crores (Cr)
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  • Operating

  • Investing

  • Financing

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Balance sheet

All values are in ₹ Crores (Cr)
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Total assets

Total liabilities

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Jsw Steel Share Price history

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DayOpenCloseChange %
Fri, Dec 13 2024
₹995.00
₹999.85
-0.59%
Thu, Dec 12 2024
₹1,005.00
₹1,005.80
+0.56%
Wed, Dec 11 2024
₹1,015.90
₹1,000.20
-1.26%
Tue, Dec 10 2024
₹1,021.00
₹1,012.95
+0.10%
Mon, Dec 9 2024
₹1,005.50
₹1,011.90
+0.81%
Fri, Dec 6 2024
₹999.90
₹1,003.80
+0.46%
Thu, Dec 5 2024
₹991.00
₹999.20
+0.44%
Wed, Dec 4 2024
₹996.10
₹994.85
-0.40%

JSW Steel Shareholding Pattern

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Promoters (44.84%)

Mutual Funds (3.57%)

Retail and other (18.46%)

Foreign institutions-FII (25.65%)

Other domestic institutions (7.49%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹7.3/share

    Ex date 09 Jul 2024

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  • Dividend • ₹3.4/share

    Ex date 11 Jul 2023

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  • Dividend • ₹17.35/share

    Ex date 04 Jul 2022

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FAQs on JSW Steel

What is the Jsw Steel share price today?

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Jsw Steel share price is ₹ 999.85 today.

What is today’s high & low share price of Jsw Steel?

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Jsw Steel share price high: ₹ 1,003.50 and low: ₹ 973.05

What is the Jsw Steel share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 1,063.00 and Low Price is ₹ 761.75

What is the Jsw Steel Stock Symbol?

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The Jsw Steel Stock symbol is JSWSTEEL.

Can I buy Jsw Steel shares on Holidays?

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No, shares of Jsw Steel or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Jsw Steel shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.