INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on JSW Steel Ltd
with a target price of Rs 290
The current market price of JSW Steel Ltd
Time period given by the analyst is Intra Day when JSW Steel Ltd
price can reach defined target
Manas Jaiswal recommended to keep stoploss at Rs 270
JSW Steel Ltd., incorporated in 1994, has a market cap of Rs 66944.92 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 31-03-2019, the company has reported a Consolidated sales of Rs 21837.00 Crore, up 10.17 % from last quarter Sales of
Rs 19821.00 Crore and up 9.04 % from last year same quarter Sales of Rs 20027.00 Crore Company has reported net profit after tax of Rs
1528.00 Crore in latest quarter
The company’s top management includes Dr.Vinod Nowal, Dr.(Mrs.)Punita Kumar Sinha, Mr.Ganga Ram Baderiya, 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
LLP as its auditoRs As on 31-03-2019, the company has a total of 2,417,220,440 shares outstanding.