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HomePRICE TARGETJindal Steel (JSPL) Share Price Target 2023, 2024, 2025, 2026, 2030

Jindal Steel (JSPL) Share Price Target 2023, 2024, 2025, 2026, 2030

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Jindal Steel Share Price Target: Hello, and welcome to this article. Today, we’ll review Jindal Steel’s operations, how it earns profits, potential growth areas, and all sorts of information regarding this business to gain a better understanding of the trend in price targets of Jindal Steel shares.

In addition, after analyzing the company’s stock, we will share the results with you, so that you will have an idea about this stock.

The company has good growth potential, and it is a great investment option for the long term. This article will discuss Jindal Steel Share Price Target 2023, 2024, 2025, to 2030.

Before diving into Jindal Steel stock price targets let’s look at the Jindal Steel company background, the technical basics, fundamental analysis, shareholders, future potential, etc.

It will help you in making a final decision about your next investment. However, first, let’s examine company’s history and its complete business structure.

Jindal Steel fundamentals

  • Market Cap ₹ 60,889 Cr.
  • Current Price ₹ 597
  • Stock P/E 14.1
  • High / Low ₹ 723 / 471
  • Book Value ₹ 407
  • Dividend Yield 0.34 %
  • ROCE 14.2 %
  • ROE 10.6 %
  • Face Value ₹ 1.00
  • Price to book value 1.47
  • Price to Earning 14.1
  • OPM 18.6 %
  • EPS ₹ 39.8
  • Debt ₹ 13,467 Cr.
  • Debt to equity 0.32
  • Return on equity 10.6 %
  • Return on assets 6.75 %

Jindal Steel & Power Share

Jindal Steel and Power Ltd. has consistently performed well on the Indian stock exchange. What is the target share price for JSPL over the next few years? Investors are always looking for high-growth companies.

Investors looking for a good stock to buy have noticed JSPL because of forecasts that demand for steel will increase and infrastructure development will continue in the near future.

This article will examine the historical performance of Jindal Steel, the current market trends, and the opinions of experts to determine the share price targets for the years 2023- 2030.

About Jindal Steel & Power Limited

Jindal Steel & Power Limited is a leading Indian company that has a dominant position in the mining, steel, and power sectors. Om Prakash, the father of Naveen Jindal, founded it in 1979.

JSPL is also present in Australia, Mozambique, and South Africa.

The company’s main focus is steel production (9.6 million tonnes of capacity per year) and power generation (1634 MW CPP), although it also operates coal mining operations and recently entered the renewable sector, with a particular focus on solar and wind power.

Jindal Steel Share Price Target 2023

Jindal Steel Share Price Target For 2023 As Follows:

20231st Target- Rs.575
2nd Target- Rs.610

Jindal Steel Share Price Target 2024

Jindal Steel Share Price Target For 2024 As Follows:

20241st Target- Rs.630
2nd Target- Rs.694

Jindal Steel Share Price Target 2025

Jindal Steel Share Price Target For 2025 As Follows:

20251st Target- Rs.715
2nd Target- Rs.786

Jindal Steel Share Price Target 2026

Jindal Steel Share Price Target For 2026 As Follows:

20261st Target- Rs.825
2nd Target- Rs.850

Jindal Steel Share Price Target 2027

Jindal Steel Share Price Target For 2027 As Follows:

20271st Target- Rs.904
2nd Target- Rs.975
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Jindal Steel Share Price Target 2028

Jindal Steel Share Price Target For 2028 As Follows:

20281st Target- Rs.1030
2nd Target- Rs.1095

Jindal Steel Share Price Target 2030

Jindal Steel Share Price Target For 2030 As Follows:

20301st Target- Rs.1260
2nd Target- Rs.1325

Shareholding Pattern of Jindal Steel

The following are its major shareholders:

  • Promoters – 61.2%
  • FIIs – 13.42%
  • Mutual Funds – 10.55%
  • The public – 9.99%
  • Other – 3.35%

JSPL Share price history

Looking at historical share prices, the share price of the company in March 2020 ranged from Rs 90.70 to Rs 140.50. It will increase to Rs 622 by the start of 2023. This is a 320% growth in one year.

Last 5 Years of Jindal Steel & Power Limited Financial Condition

Jindal Steel and Power Ltd. (JSPL) has been a leader in the steel and energy sector for many years. JSPL’s financial performance has fluctuated over the past five years. 

In 2019, JSPL reported sales of Rs. In 2019, the company reported sales of Rs. 38,553 crores.

Jindal Steel generated an operating profit worth Rs. 8,412 crores. It experienced a negative effect due to the other income of Rs. 1,470 crores. 

Interest and depreciation costs further impacted the company’s profitability, leading to a loss of -Rs. 2,802 crores.

In 2019, the net profit was Rs. 2,412 crores, negative earnings per share (EPS) of Rs. 17.00. JSPL’s performance fluctuated over the years with fluctuations in sales, costs, and profits.

Jindal Steel must continue to focus on its strategies and market analysis to improve its financial position in the steel and energy industry.

Factors influencing Jindal Steel & Power share price

Different factors can influence the share prices of Jindal Steel. When attempting to predict the future price target, it is important to consider these factors.

Global Steel Demand

The price of Jindal Steel shares is closely linked to the steel demand. Factors such as construction, infrastructure development and industrial production influence the steel demand. 

The global steel market can have a direct impact on the performance and stock price of a company. 

If concerns over a possible economic recession continue, the company’s performance may be negatively affected.

Company Financial Performance

Jindal Steel’s financial performance is an important factor that determines its share price. Investors pay attention to metrics like revenue growth, profitability, and debt levels. 

A strong financial performance can boost the confidence of investors, which could lead to an increase in share prices.

The company’s plans for expansion can also have a positive impact on the stock price.

Industry Trends & Competition

The steel industry is marked by fierce competition as many companies compete to gain market share. Share prices of Jindal Steel can be affected by changes in the industry dynamics, technological advances, and market trends. 

Investors must stay informed on the current state of the industry to make educated decisions. JSPL is up against established players such as Tata Steel and SAIL.

Policies and Regulations of the Government

The steel industry is impacted by government policies and regulations. Changes in trade policies, tariffs on imports and exports, and environmental regulations may directly impact the profitability and operations of Jindal Steel. 

Investors must be aware of any regulatory changes that could affect the share price.

Technological Advancements

Technological advancements in the steel-making process can lead to improved efficiency, reduced costs, and better product quality.

The ability of Jindal Steel to integrate and adopt these new technologies can influence its competitiveness, and in turn its share price. 

Investors need to pay attention to how the company emphasizes innovation and technological advances.

Economic Factors

Share prices for Jindal Steel can be affected by economic factors such as GDP growth, interest rates and inflation rates. 

A strong economy and favorable macroeconomic conditions may stimulate an increase in demand for steel, which can have a positive effect on the financial performance of the company.

what is the future of Jindal Steel Share?

Jindal Steel Company will perform better in the future, but only after it has paid off all of its debt. It has 13 mines for raw materials. The company can sell the raw materials further if it wants to increase its profit rate. 

The company’s growth can be boosted if it meets the demand for steel on the market. Share prices can increase in value.

Risk factors

You should always be aware of the risks involved before investing in stocks.

Management decision: A wrong decision can have a negative effect on the revenue and profits of a company.

Competition: This is a problem that all companies have to deal with, as the competition between companies can impact revenues and profits.

Government Financial Laws: If laws were against the company, it could affect future growth.

Global crisis: Although rare, it can occur and affect the financial structure of a company.

Final Words

Indal Steel and power Ltd (JSPL), has had a mixed performance in the financial sector over the past five years. The company, despite facing challenges and fluctuations has demonstrated resilience and growth in some areas. 

JSPL has shown a 10% compounded increase in sales over the last 10 years. This indicates a steady growth. Over the last 5 years, the growth rate of sales has been consistent at 10%.

It has increased to 12% in the past three years. In the latest trailing twelve months (TTM), however, the sales growth has slowed down to 3%.

These numbers indicate that Jindal Steel must focus on strategies to maintain and improve its growth. 

The company must analyze market trends and adapt to the changing dynamics of the industry. It should also explore new sales opportunities.

JSPL’s resilience is evident in its ability to maintain a positive operating margin and minimize losses despite the challenges it has faced. 

The ability of the company to generate an operating profit during times of economic uncertainty is a testament to its cost management and operational abilities.

JSPL must continue to focus on efficiency, innovation and strategic investments to maximize the growth potential of the steel and energy sector. 

Jindal Steel’s sustainable and profitable future growth can be achieved by leveraging its strengths, addressing challenges and investing in strategic investments.

It is important to keep in mind that the equity markets are unpredictable. Be vigilant with your investments.

Also Read: Buy 10 Shares, Get 40 Shares Free; 458% Profit In 3 Months, Record Date Announced

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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