Are you looking the share price target/prediction of JSW Steel Ltd for the upcoming years 2022, 2022, 2023, 2024, 2025, and 2030? so it is the better article for you I expected that after reading this article you may know more about this share.
According to the research, I included fundamental & technical analysis such as share price target from 2022 to 2030, company management, market cap, strengths, limitations, and price movement that has been explained in this article.
JSW Steel Ltd is an Indian Multinational Company that deals in the sector of steel production. It is one of the Subsidiaries of JSW Group. It is one of the fastest-growing company in India which have a client and business in 140+ Countries in the World. The founder and chairman of JSW Steel are Mr. Sajjan Jindal. Its headquartered in Maharashtra, Mumbai.
JSW Steel Ltd Quarterly Report Analysis
JSWSTEEL In the June quarter of the financial year 2021, the company made sales of Rs.25,959 Cr. in which they made a loss of about Rs.5,258 Cr. after paying taxes. In the September quarter of the financial year 2021, Company made sales of Rs.28,000 Cr. through which they make a profit of around Rs.5,383 Cr. after paying all the essential taxes to government bodies.
In the December quarter of 2021, the company made sales of around Rs.28,850 Cr. in which they made a profit of about Rs.3,424 Cr. after paying all the taxes. In the March quarter of 2022, the company made sales of around Rs.36,011 Cr. In which they made a profit of about Rs.2,637 Cr. after paying all the taxes. In the June quarter of the financial year 2022, the company made sales of around Rs.31,105 Cr. By which they made a profit of about Rs.956 Cr. after paying all the taxes to government bodies.
JSW Steel Ltd Annual Report Analysis
JSW Steel Ltd made net sales of around Rs.52,290 Cr. in 2017 till the month of March through which the company make a profit of about Rs.3,577 Cr. In the following year which is 2018 till the month of March Company makes net sales of Rs.66,464 Cr. through which the company makes a profit of Rs.4,625 Cr. after paying all the taxes.
In the year 2019 till March Month Company’s net sales are around Rs.77,187 Cr. by which the company makes a profit of about Rs.8,121 Cr. In the following year, 2020 till the month of March Company’s net sales is around Rs.64,262 Cr. through which the Company makes a profit of about Rs.5,291 Cr. In the year 2021, till the month of March Company make net sales of around Rs.70,727 Cr. by which they made a loss of around Rs.8,393 Cr. in the same year 2022, it made net sales of around Rs.1,18,820 Cr. and net profit was Rs.16,702 Cr.
JSW Steel Ltd Balance Sheet Analysis
The company In the year 2017 Company invested around Rs.4,750 Cr. and the Current Assets of JSWSTEEL are about Rs.17,798 Cr. and total assets of the company available at that time is around Rs.80,959 Cr. in the following year, 2018 Company invested around Rs.4,878 Cr. and Current Assets of JSW Steel Ltd are about Rs.19,253 Cr. and total assets of the company available at that time in 2018 is around Rs.85,551 Cr. In the year 2019 Company invested around Rs.5,397 Cr. and Current Assets of JSW Steel Ltd are about Rs28,398 Cr. and the total assets of the company available at that time are around Rs.1,07,425 Cr.
In the year 2020 Company invest around Rs.5,999 Cr. And Current Assets of JSWSTEEL in the year 2020 are about Rs.29,375 Cr. And total assets of the company available at that time in 2020 are around Rs.1,22,042 Cr. In the financial year, 2021 Company invest around Rs.12,458 Cr. And Current Assets of JSW Steel Ltd. are about Rs.29,703 Cr. And total assets of the company available at that time is around Rs.1,33,232 Cr. in the session 2022, JSWSTEEL invested Rs.18,028 Cr. whether the total assets were Rs.1,62,870 Cr.
We are trying to predict the possible target for the shares of JSWSTEEL in future years to come. Our prediction is based on the Fibonacci retracement, support, and resistance. So, here we go with the possible targets for the upcoming years.
| Year | Target Of JSW Steel Ltd |
|---|---|
| 2022(Target-1) | Rs.795 |
| (Target-2) | Rs.953 |
| 2023(Target-1) | Rs.1,183 |
| (Target-2) | Rs.1,423 |
| 2024(Target-1) | Rs.1,611 |
| (Target-2) | Rs.1,836 |
| 2025(Target-1) | Rs.2,080 |
| (Target-2) | Rs.2,254 |
| 2030(Target-1) | Rs.5,982 |
| (Target-2) | Rs.6,593 |
For the year which is 2022, we will predict two possible targets which the share of JSWSTEEL can attain first is around Rs.795 and the second possible target which they can surpass in the same year is about Rs.953 and its all will happens because of the increasing demand of their products in the market.
For the year 2023, we can predict a possible target which the shares of JSWSTEEL will beat easily first is around Rs.1,183 and the second is about Rs.1,423 as I told earlier company share prices will always be in a positive direction in the future and share prices of this company share are increasing day by day in upcoming years.
We can predict the first possible target for the financial year 2024, for this share is around Rs.1,611 and after getting these value of share price they will show some downtrend in the price of the share of JSWSTEEL but after some time they again move in a positive direction which is an uptrend and we can set a second possible target which the share of this company finds is about Rs.1,836.
We can predict first target share price for the financial year 2025 is around Rs.2,080 and after attaining that value they also show a similar trend as they show in the year 2025 show some downward trend again for a while as it is the true characteristic of a share and after recovering from this downfall we can predict the second target for the same year is about Rs.2,254.
By the end of this decade, JSW Steel Ltd will emerge as one of the finest and best Companies in that sector in India and in the World too. So, we predict the first target is around Rs.5,982 and the second possible target which they can cross is about Rs.6,593 as we see through the share price we can say this will be the lifetime high of JSWSTEEL at the end of this decade.
Conclusion
In this article, we have done a detailed analysis of JSW Steel Ltd share price target, Here we tried to include every aspect in our article which is really essential like company management, share price growth, and strengths to know before investing in any specific share if you think it can helpful for you so kindly share this post.
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