Jindal Saw Limited Share Price Target 2023, 2024, 2025 2026, 2030, 2040 | Apkacyber Finance

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Jindal Saw Limited Share Price Target 2023, 2024, 2025 2026, 2030, 2040; Jindal Steel Company is a well-known steel producing company of India. This company is the second largest steel making company in India.

Jindal Steel Company is a core company of JWS Group. JWS Company is a multinational company. This company produces many types of products in steel production, such as hot rolled coils, cold rolled coils, galvanized, color coated, wire rod etc.

Jindal Steel Company was established on 15 March 1994. The chairman of this company is Mr. Sajjan Jindal. This company has manufacturing plants in many states of India.

If you are thinking of investing in the shares of Jindal Steel Company, then we will provide you all the information related to the market position of the company. We will tell you the target price of Jindal Company’s shares for 2023, 2024, 2025, 2026, 2030, 2040.

Jindal Saw Limited

Jindal Saw Limited Share Price Target 2023?

Currently the company is trying to increase the production of steel. All the companies were closed at the time of lockdown. Due to which all the work had also stopped. Now after the lockdown has been lifted, construction work is going on at a very fast pace, due to which the demand for steel has increased significantly in the market.

Due to demand for steel, steel prices are also skyrocketing. There is huge demand for steel even in a country like America. If we talk about the market value of the company, its market value is Rs 1,78,000 crore. Apart from this, stock market experts have said that the current P/E ratio of the company is 23.60. Which means that the company’s stock is currently trading at a good price. The target share price of the company this year will be as follows.

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Jindal Saw Limited Share Price Target 2024?

After Tata Steel Company, if any company has earned name in the steel market in India, it is Jindal Steel Company. It is one of the best steel producing companies in India. The manufacturing capacity of this company is much more than other companies.

Presently JWS Company is engaged in expanding its business. JWS Steel Company’s products are used in both domestic and international markets. Last year in 2022, this company had produced 19.5 million Tonnes of crude steel.

Along with this, the company also exported 4.6 million Tonnes of steel from India to other countries last year. The manufacturing capacity of the company is quite good, which can be of great benefit in the future.

Jindal Saw Limited Share Price Target 2025?

To perform well in future, the company needs to increase its revenue now. If we talk about the last few years, there has not been much increase in the revenue of the company. The company is continuously running on the same revenue, due to which the value of the company’s staff is currently decreasing.

JW Company currently has 13 automatically operated iron ore mines. Out of which 4 mines are present in Orissa and the remaining treasures are present in Karnataka. The company will never face shortage of raw materials for making steel.

Presently 47% of iron ore requirement for stand-alone operation was met from these mines. The company has complete arrangement of raw materials due to which the company can generate good revenue in future.

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Jindal Saw Limited Share Price Target 2026?

Since the company has its own mines, it is the only company in the world which produces steel at low cost. Despite being a low-cost company, the company has a debt of Rs 77,737 crore. As the construction work is going to increase rapidly in the coming times, the company is likely to get orders for steel production in large quantities.

Apart from this, Jindal Steel Company also has to send steel to many foreign countries. The company is continuously producing steel, due to which the company is running well on financier parameters. In financial parameters, the company’s sales growth and profit growth are looking quite good.

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Jindal Saw Limited Share Price Target 2030?

The company has many manufacturing plants in India. The company is continuously increasing its manufacturing capacity and producing more and more steel. EWS is earning good revenues by building a well-diversified portfolio of steel products.

The company is currently more dependent on coking coal imports. Apart from this, the company is more dependent on foreign currency loans. Due to which the company may have to take some risk. If there is any change in government regulation, it may create problems for the company.

Jindal Saw Limited Share Price Target 2040?

With time, construction work will increase as per the government scheme. The company will keep getting good orders for steel production. Apart from India, JWS Steel Company has to meet the demand for steel in 10 countries like America.

If we talk about the share price of the company, in the coming time foreign currency transactions can have a great impact on the share price of the company. If the company increases its manufacturing capacity, it can get huge benefits and the company can generate a good amount of revenue.

Jindal Saw Limited Future?

If we talk about future, Jindal Steel Company can perform well in future. The company has 14 iron mines in India, due to which the company will have no shortage of raw materials. As the demand for steel increases in the market, the manufacturing capacity of the company will also increase.

In the coming time, apart from India, big construction projects are to be started in foreign countries also, which can benefit Jindal Steel Company. Apart from Tata Steel, if any company in India can meet the demand of steel, then it is only Jindal Steel Company.

Jindal Saw Limited Strength?

The company has made good profits in the last 3 years. The company has shown an increase in profit of 21.97%.
The ROE of the company has remained at 20.09% for the last 3 years.
The company has shown good profit growth of 21.97% in the last 3 years.
The company has been maintaining a healthy ROE of 20.08% over the last 3 years.
The company’s return on capital employed is 16.88%.
Jindal Steel Company’s PEG ratio is only 0.15.

Jindal Saw Limited Weakness?

Jindal Steel Company has a debt of Rs 77,737 crore.
The company showed a poor growth of 2.09% in revenue in the last 3 years.
The promoters have pledged 15.82% shares of the company.

Conclusion?

My opinion to you is that if you want to invest money for a long time, then Jindal Steel can be the best option for you. If you want to invest money in it for a short time, then you may have to suffer some loss, because at present the company has a huge debt. Apart from this, many of the company’s mines are on the verge of closure. If you want to invest money for long term, you can do it.

Disclaimer?

Dear valued viewers,

I would like to remind you that I do not have SEBI (Securities and Exchange Board of India) permission to provide any financial advice or recommendation. The information and updates shared on this website are for educational and informational purpose only.

Do not construe it as investment advice, stock recommendations, or financial guidance. Although I aim to provide timely updates of the information contained herein, I cannot be held responsible for any financial loss incurred based on this information.

My desire is to provide periodic updates on the stock market, cryptocurrencies, and financial products with a human touch, to help you make informed investment decisions.

FAQ: –

(Q) What does the Jindal Saw do?

Ans. This company produces many types of products in steel production, such as hot rolled coils, cold rolled coils, galvanized, color coated, wire rod etc.

(Q) Jindal Saw where is located?

Ans. Maharashtra, India

(Q) When was the company established?

Ans. 1984

 

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