Jindal steel & power share price target 2022, 2023, 2025, 2030 : Hello friends, today we are going to talk about what will happen in future in jindal steel limited Share Price Target 2022, 2023, 2025, 2030.
Contents
Jindal Steel Introduction:
The US$ 22 billion JSW Group is ranked among India’s leading business houses. JSW’s innovative and sustainable presence across diverse sectors including steel, energy, infrastructure, cement, paints, venture capital and sports is helping the group play a key role in driving India’s economic growth. The group strives for excellence by leveraging its strengths and capabilities, which include a successful track-record of executing large capital-intensive and technically complex projects, differentiated product-mix, state-of-the-art manufacturing facilities and sustainable development There is a greater focus on moving forward.
With a culturally diverse workforce spread across India, USA, Europe and Africa, JSW Group directly employs approximately 40,000 people. It also has a strong social development focus aimed at empowering the local communities living around its plant and port locations. JSW Group is known for creating value for all its stakeholders through a combination of its growth roadmap, superior execution capabilities and a relentless drive to be #BetterEveryDay.
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Current price = ₹ 524.30
52 week high = ₹577.80
52 week low = ₹304.20
Jindal Steel & Power Limited Company Essential Data :
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Jindal Steel Financial Track record data :
| Year | Profit/Loss | Total Asset |
|---|---|---|
| 2018 | 63044.55 Cr | -3.74 Cr |
| 2019 | 60640.19 Cr | -2.72 Cr |
| 2020 | 61801.17 Cr | 6.06Cr |
| 2021 | 69437.04Cr | 70.14 Cr |
| 2022 | 77788.22 Cr | 81.96Cr |
Promoter = 61.2%
FII = 11.02%
DII = 14.87%
Public = 12.9%
Others = 0%
Jindal Steel Peer Comparison :
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The fundamental technical analysis, market cap and all the data of the company is very good, due to which we discuss about Jindal steel Share Price Target 2022, 2023, 2025, 2030.
Jindal Steel & Power share price target 2022 :
The steel production work of Jindal Steel Power Company was closed along with all the companies in the Corona epidemic. And due to this, as soon as the demand for steel started increasing after the lockdown opened, but due to less supply, there was a rise in the price of steel. Along with this, a jump was also seen in the share price of steel companies. And the share price of Jindal Steel also started increasing. According to our technical analysis, the first target of Jindal Steel 2022 is Rs.525. And the second target is likely to be seen around Rs.530. Which you should hold on to.
Jindal Steel & Power share price target 2022
First Target Price = ₹ 525
Second Target = ₹530
Jindal Steel & Power share price target 2023 :
In recent times, the company is focusing more on steel production. But some experts believe that it is going to take about 2 years to produce maximum. Along with this, countries like America have increased the demand for steel. But due to low production, it is becoming difficult to supply. Due to which steel prices are skyrocketing. For this reason, you can see the first target of Jindal Steel for 2023 at Rs.640. And the second target is expected to be seen around Rs.710.
Jindal Steel & Power share price target 2023
First Target Price = ₹680
Second Target = ₹700
jsw steel share price target 2024
JSW Steel derives its revenue from a well diversified portfolio of products. Due to its high dependence on imports for its coking coal as well as foreign currency-denominated debt, the company remains exposed to foreign exchange risks.
jsw steel share price target 2024
First Target = ₹780
Second Target = ₹885
JSW Steel Share Price Target 2025 :
The company needs to increase its revenue growth to post good results in future. The revenue growth of the company is below par in the last 3 years. The stock is currently undervalued and can be bought for the long term.
JSW Steel has 13 operational iron ore mines, nine in Karnataka and four in Odisha. Presently, about 47% of the iron ore requirement for standalone operations is met through captive sources. Though these mines have been acquired at a premium, it ensures raw material security for the company. In this way the management is working very aggressively to grow its business.
jsw steel share price target 2025
First Target = ₹880
Second Target = ₹905
Jindal Steel & Power share price target 2030 :
The company is very serious about its business. In the company’s plan, it wants to be debt free in the next two-three years. It is also included, at the present time the company is engaged in building its plants. Talk about investing in this stock till 2030, the way the company is making its plans keeping in view the future. From that it seems that by 2030, you can see the first target of this stock at Rs.1430. And the second target is likely to be seen at Rs.1560.
jsw steel share price target 2030
First Target = ₹1430
Second Target = ₹1560
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Talking about steel sector in the future, the demand for construction and automobile sector is going to increase more. And it is increasing even today, if we talk about steel production then the name of China comes first in it, then it is the name of India. Big companies like Tata Steel, Jindal Steel, and SAIL are working in India. Whose share prices are seen increasing rapidly. The way Jindal Steel is working towards the future. Looking at the future of that and our estimation, you should invest in this stock for long term. Because the demand for steel is going to be high in the coming times. And supply, that’s why the price of steel can increase. Along with this, the share price of the company can be seen to rise.
Expert opinion:
It will be our opinion and request that no matter which company you invest in, first of all you should do complete research about that company. Never invest at once, invest little by little. And investing in the stock market by taking a loan or taking out a loan can be very harmful for you and your family.
Conclusion :
After reading the article, you must have got an idea of how the company can show in future with business details. If you still have any question in your mind, then you must ask in the comment. I regularly share information related to the stock market with your readers.
Disclaimer: In this post we have just evaluated the company. We have not recommended any investment on this stock. Consult a financial advisor before making any investment.