INSUBCONTINENT EXCLUSIVE:
CK Narayan of Chart Advise has a buy call on JSW Steel Ltd
with a target price of Rs 258
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
CK Narayan recommended to keep stoploss at Rs 244
JSW Steel Ltd., incorporated in 1994, has a market cap of Rs 60418.42 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 30-09-2019, the company has reported a Consolidated sales of Rs 17203.00 Crore, down -11.36 % from last quarter Sales
of Rs 19407.00 Crore and down -17.65 % from last year same quarter Sales of Rs 20891.00 Crore Company has reported net profit after tax of
Rs 2551.00 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.Harsh
Charandas Mariwala, Mr.Hiroyuki Ogawa, Mr.Jayant Acharya, Mr.M V S Seshagiri Rao, Mr.Malay Mukherjee, Mr.Sajjan Jindal, Mr.Seturaman
Mahalingam, Mrs.Nirupama Rao, Mrs.Savitri Devi Jindal
As on 30-09-2019, the company has a total of 2,417,220,440 shares outstanding.
