INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on JSW Steel Ltd
with a target price of Rs 430
The current market price of JSW Steel Ltd
is Rs 416.6 Time period given by the analyst is Intra Day when JSW Steel Ltd
price can reach the defined target
Kunal Bothra recommended to keep stoploss at Rs 408
JSW Steel Ltd., incorporated in 1994, is a largecap company with a market cap of Rs
100701.40 crore.
JSW Steel Ltd
key Products/Revenue Segments include Hot Rolled Coils/Plates/Sheets which contributed Rs 29903.01 Crore to Sales Value (52.54 % of Total
Sales), Rolled Product which contributed Rs 10709.37 Crore to Sales Value (18.81 % of Total Sales), Coils (Cold Rolled) which contributed Rs
8231.56 Crore to Sales Value (14.46 % of Total Sales), Others which contributed Rs 3236.01 Crore to Sales Value (5.68 % of Total Sales),
Coils Sheets (Galvanised) which contributed Rs 2054.47 Crore to Sales Value (3.60 % of Total Sales), Billets Blooms which contributed Rs
1488.88 Crore to Sales Value (2.61 % of Total Sales), Other Operating Revenue which contributed Rs 669.28 Crore to Sales Value (1.17 % of
Total Sales), M S/S S Slabs which contributed Rs 620.67 Crore to Sales Value (1.09 % of Total Sales)for the year ending 31-Mar-2017
For the quarter ended 30-06-2018, the company has reported a Consolidated sales of Rs 19950.00 Crore, down -.38 % from last quarter Sales
of Rs 20027.00 Crore and up 37.79 % from last year same quarter Sales of Rs 14479.00 Crore Company has reported net profit after tax of Rs
2318.00 Crore in latest quarter
The company’s 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 Deloitte Haskins Sells LLP as its auditoRs As on 30-06-2018, the company has a total of 2,417,220,440 shares outstanding.
