Manas Jaiswal of manasjaiswal.com has a buy call on JSW Steel Ltd.
with a target price of Rs 295.0 .
The current market price of JSW Steel Ltd.
is Rs 280.45.
Time period given by the analyst is Intra Day when JSW Steel Ltd.
price can reach the defined target.
Manas Jaiswal recommended to keep stoploss at Rs 272.
JSW Steel Ltd., incorporated in 1994, is a largecap company with a market cap of Rs 67790.95 crore.JSW Steel Ltd.
key Products/Revenue Segments include Hot Rolled Coils/Plates/Sheets which contributed Rs 33336.00 Crore to Sales Value (50.33 % of Total Sales), Rolled Product which contributed Rs 13623.00 Crore to Sales Value (20.56 % of Total Sales), Coils (Cold Rolled) which contributed Rs 9588.00 Crore to Sales Value (14.47 % of Total Sales), Others which contributed Rs 3226.00 Crore to Sales Value (4.87 % of Total Sales), Coils Sheets (Galvanised) which contributed Rs 2361.00 Crore to Sales Value (3.56 % of Total Sales), Billets Blooms which contributed Rs 1779.00 Crore to Sales Value (2.68 % of Total Sales), Other Operating Revenue which contributed Rs 1188.00 Crore to Sales Value (1.79 % of Total Sales), M S/S S Slabs which contributed Rs 1133.00 Crore to Sales Value (1.71 % of Total Sales)for the year ending 31-Mar-2018.
For the quarter ended 31-12-2018, the company has reported a Consolidated sales of Rs 19821.00 Crore, down -5.12 % from last quarter Sales of Rs 20891.00 Crore and up 12.18 % from last year same quarter Sales of Rs 17669.00 Crore Company has reported net profit after tax of Rs 1619.00 Crore in latest quarter.
The companys top management includes Dr.Vinod Nowal, Dr.(Mrs.)Punita Kumar Sinha, Mr.Haigreve Khaitan, Mr.Hiroyuki Ogawa, Mr.Jayant Acharya, Mr.M V S Seshagiri Rao, Mr.Malay Mukherjee, Mr.N Jayaram, Mr.Sajjan Jindal, Mr.Seturaman Mahalingam, Mrs.Savitri Devi Jindal.
Company has S R B C Co.
LLP as its auditoRs As on 31-12-2018, the company has a total of 2,417,220,440 shares outstanding.