Buy JSW Steel, target price Rs 958: Prabhudas Lilladher
JSW Steel with a target price of Rs 958. The current market price of JSW Steel Ltd. is Rs 783.2.
JSW Steel Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 192811.82 Crore) operating in Metals — Ferrous sector.
JSW Steel Ltd. key Products/Revenue Segments include Hot Rolled Coils/Plates/Sheets, Rolled Product, Coils (Cold Rolled), Coils & Sheets (Galvanised), Others, Iron Ore, Billets & Blooms, Other Operating Revenue, M S/S S Slabs, Color Coated Coil/Sheets for the year ending 31-Mar-2023.
Financials For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 42134.00 Crore, down -5.99 % from last quarter Total Income of Rs 44821.00 Crore and up 7.15 % from last year same quarter Total Income of Rs 39322.00 Crore. Company reported net profit after tax of Rs 2466.00 Crore in latest quarter.
Promoter/FII Holdings Promoters held 44.81 per cent stake in the company as of 31-Dec-2023, while FIIs owned 26.33 per cent, DIIs 9.46 per cent.
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