Share of JSW Steel Limited is currently trading at around Rs.910/-. Investors are asking for the JSW Steel Share Price Target 2025, 2030, 2035 and 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the JSW Steel Share Price Target 2025, 2030, 2035 and 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of JSW Steel Ltd:
JSW Steel Limited, India’s largest steelmaker by market capitalization, has experienced a challenging financial performance recently. In the second quarter ending October 2024, the company reported a significant profit decline to ₹4.39 billion ($52.23 million), a six-fold decrease from the previous year, exceeding analysts’ expectations of a 78% drop. This downturn was primarily due to weak domestic prices and an influx of inexpensive imports from countries like China, South Korea, and Vietnam. Consequently, JSW Steel revised its capital expenditure for fiscal year 2025 to ₹160-170 billion, down from the initially planned ₹200 billion, attributing the reduction to project transfers and rescheduling.
Despite these setbacks, JSW Steel is proactively positioning itself for future growth. In November 2024, the company, in partnership with South Korea’s POSCO, announced a joint investment of ₹650 billion ($7.73 billion) to establish a steel plant in Odisha, India. The facility is set to commence operations next year with an initial capacity of 5 million metric tons annually, with plans to expand to 18 million metric tons within three years. This strategic move aims to capitalize on the increasing steel demand driven by India’s rapid economic growth and substantial infrastructure projects.
Further diversifying its portfolio, JSW Steel has ventured into the electric vehicle (EV) market. In December 2024, the company announced plans to launch its own EV brand, supported by a $1.5 billion joint venture with SAIC Motor to build and sell MG-brand EVs. A new manufacturing plant in Aurangabad, Maharashtra, will focus on producing JSW’s EV brand, emphasizing domestic manufacturing and value addition. This initiative aligns with the growing demand in India’s EV market and reflects JSW’s commitment to sustainable growth.
Additionally, JSW Group is exploring expansion into other metals, including copper and aluminium, to leverage the increasing demand from electrification trends. The company has engaged consultants to assess the financial viability of such diversification, indicating a strategic move to broaden its business horizons.
In summary, while JSW Steel has faced recent financial challenges due to market pressures and import competition, its strategic initiatives in expanding production capacity, entering the EV market, and exploring diversification into other metals position the company for potential growth. These efforts reflect JSW Steel’s adaptability and commitment to aligning with India’s evolving economic landscape.
Share Price Targets:
JSW Steel Share Price Target 2025
Based on the above discussion and analysis, the share price of JSW Steel Ltd may touch the level of around Rs.1000-1100 in 2025.
JSW Steel Share Price Target 2030
Based on the above discussion and analysis, the share price of JSW Steel Ltd may touch the level of around Rs.1750-1850 in 2030
JSW Steel Share Price Target 2035
Based on the above discussion and analysis, the share price of JSW Steel Ltd may touch the level of around Rs.2800-3000 in 2035.
JSW Steel Share Price Target 2040
Based on the above discussion and analysis, the share price of JSW Steel Ltd may touch the level of around Rs.4750-5000 in 2040
Disclaimer: Investments in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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