JSW Steel is set to establish a new ₹1 trillion steel plant in Odisha, taking over the abandoned site previously earmarked for POSCO. The new facility will be constructed near Paradip.
JSW Steel Limited
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JSW Steel maintains industry-leading P/E ratio at 41.9 compared to the industry average of 26.4, reflecting robust institutional interest and cementing its position among Nifty 50 companies, despite Mojo Grade being adjusted to Hold.
Experts advise investors to maintain their positions in Apollo Tyres and Siemens, while considering purchases of JSW Steel, Hero MotoCorp, and NMDC. Vodafone Idea requires careful profit booking due to ongoing challenges like the impact of crude prices on tyre makers and debt issues. However, JSW Steel and NMDC are seen with upside potential, while Siemens shows resilience in the market.
JSW Energy has reduced its ownership in JSW Steel by selling 1.02%, or 25 million shares, as of May 18, 2026. This move now leaves JSW Energy with a 44.29% stake in the company, compared to the previous 45.32%.
JSW Energy has sold a Rs 3,150 crore stake in JSW Steel as part of an effort to decrease its outstanding debt. Financial analyst Jefferies is evaluating the potential impact this sale may have on JSW Energy's financial health.
SBI Mutual Fund has invested in 10 million shares of JSW Steel, with an average purchase price of Rs. 1260 per share.
Notable purchase observed in JSW Steel, suggesting increased demand for their offerings in the market. Keep an eye on this steel manufacturer for potential growth opportunities.
JSW Energy has offloaded 25 million shares of JSW Steel at an average price of Rs. 1260 each in a block trade on the National Stock Exchange. This move suggests potential strategic adjustments within the conglomerate's shareholding structure.
JSW Steel has executed a significant share transaction worth roughly 31.5 billion INR, with each of the 2.5 million shares trading hands at 1,260 INR per share, marking a sizable chunk (approximately 1%) of equity traded.
JSW Steel solidifies its status as a leading global steel producer, excluding China, through strategic joint ventures. These collaborations have significantly bolstered the company's international presence.
JSW Energy has offloaded a ₹3,150 crore stake in JSW Steel as part of a strategic move to raise funds. This action signifies the company's efforts to monetize some of its holdings.
JSW Steel outperformed in Q4, earning it a spot as GoIndiaStock's top choice. Yet, investors should exercise caution due to the optimistic market trends surrounding steel companies.
It appears that JSW Energy could offload a significant portion (approximately 2.86%) of its shares in JSW Steel, according to reports today. However, JSW Energy has yet to confirm or provide details about this potential block deal.
John Cockerill India has landed a significant order worth between 440 and 470 crore rupees from JSW Steel Coated Products for the installation of pickling, cold rolling, and galvanizing lines. This comes after they also secured a 300 crore rupee contract for a continuous galvanizing line at JSW's Khopoli plant, with completion slated for May 2028.
Motilal Oswal has positively endorsed JSW Steel and Radico Khaitan for potential significant gains due to impressive earnings. They also expect growth in Adani Ports and Adani Power, while HPCL looks promising following a ₹3 hike increase. However, gold jewellery stocks are currently under pressure.
Macquarie upholds an optimistic view on JSW Steel, setting a target price of ₹1353, due to a robust quarter, a stable financial position, and positive factors such as capacity growth, enhanced demand, and policy-driven profit margin improvements driving cash flows.
Despite the increasing input costs due to currency devaluation, JSW Steel managed to shine in Q4, demonstrating their resilience and adaptability.
JSW Steel reports a robust demand for steel in Q4, attributed to favorable Indian economic conditions, with steel prices and coking coal costs being key points of discussion in the results announcement.
JSW Steel targets doubling its steel production capacity to 80 million tonnes per annum (MTPA) by 2031, driven by brownfield expansion and joint ventures. The company's net profit for FY26 skyrocketed nearly six times to INR 22,316 crore, fueled by gains from asset sales, with revenue increasing 10% year-on-year to INR 1,85,470 crore.
JSW Steel plans to produce 29.75 million metric tons (MMT) of crude steel and sell 28.6 MMT by fiscal year 2027, with Indian operations accounting for approximately 28.75 MMT production and 27.6 MMT sales towards these targets.
JSW Steel achieves its goals, making it a potential buy with a stop loss at 1277 and targeting prices around 1313, 1326, and 1340. Tata Motors and United Spirits also report strong performances, suggesting they could be worth buying at their respective set targets.
Citi continues to advise against investing in JSW Steel due to a raised price target of ₹1165, following improved financial leverage from the BPSL divestment. While expansion capacity and potential EBITDA increases are recognized, steel prices are anticipated to remain stable, as per management's expectations.
JSW Steel is planning to maintain its net debt-to-EBITDA ratio below 2.5, with optimism for profit growth in the fiscal year 2027. The company's operations in the US and Italy have contributed significantly to the EBITDA in the previous financial year, setting a promising foundation for future profits.
Nuvama maintains its advice to investors to be cautious with JSW Steel, yet increases its target price to ₹1,129.
Emkay maintains a positive outlook on JSW Steel, increasing their target price to ₹1,400 and recommending it as an add to the portfolio, suggesting a possible 7.8% growth.
JSW Steel's board has given the green light for a ₹14,000 crore fundraising plan, primarily through non-convertible debentures and equity-linked instruments. This announcement led to a 1.7% increase in JSW Steel's share price to ₹1,297.05, with the company seeking shareholder approval for the fundraising initiative.
JSW Steel reached a new 52-week high of ₹1,314 following impressive Q4 results, driven by record sales, better pricing, and the BPSL transaction. Analysts like Macquarie and Morgan Stanley are bullish due to expansion plans and cost savings, but Citi remains cautious about the valuations.
JSW Steel reported a record Q4 profit of over INR 16,000 crores, primarily driven by a one-time gain. The company also announced a dividend payout, with the record date yet to be disclosed in their recent update.
JSW Steel plans to merge BMM Ispat with a share exchange ratio of 1:18, aiming to bolster its capacity in Karnataka. The move follows a strong Q4FY26 performance for JSW Steel, with revenue at ₹51,180 crore and an EBITDA margin of 16.9%, leading to a 31% increase in the stock price over the past year.
JSW Steel anticipates an increase of $12-$15 per tonne in coking coal costs for Q1 FY27. This rise could potentially impact profit margins due to higher raw material expenses. On a positive note, the company predicts a robust growth of 7%-9% in India's steel demand for FY27, adding approximately 12-14 million tonnes to the market.
Notable companies such as Tata Steel, Godrej, SAIL, Cochin Shipyard, Power Grid, NHPC, Deepak Nitrite, ITC Hotels, and Hindustan Copper are set to disclose their Q4FY26 financial results on May 15. Investors will eagerly await these announcements for insights into the companies' performance during this period.
JSW Steel anticipates a robust Q1 FY27, thanks to recovering steel prices offsetting increased coking coal costs. Improved EBITDA per ton is expected, and no plans for QIP fundraising have been announced. The company aims to expand its steel capacity to 80 MT by FY32.
JSW Steel shares a promising outlook with a proposed dividend of INR 7.1 per share and plans to raise INR 14,000 crore in capital. Shareholders can also look forward to Fiona Paulus' continued service as an independent director, confirmed until the AGM in July 2026.
JSW Steel's Q4 performance has sparked differing opinions among analysts, with some recommending a buy, others advocating for selling, and some suggesting a hold stance. Investors may want to closely examine the company's quarterly results before making a decision.
JSW Steel's recent performance is robust, with a P/E ratio higher than the industry average, indicating strong investor confidence and sector support. The stock is currently trading near its 52-week high, outperforming competitors due to institutional interest and favorable market conditions.
Today, Tata Motors, JSW Steel, HAL, Apollo Tyres, United Spirits, and Voltas are set to release their Q4 results. Investors will be closely watching these companies' revenue, margins, demand trends, challenges faced, and future strategies across various sectors.
The forthcoming quarterly results of JSW Steel and United Spirits are generating buzz on the financial platform, #AwaazMarket. Investors eagerly await these figures to gain insights into the companies' performance and future prospects.
Today, the GIFT Nifty index climbed by 90 points to reach 23,550, indicating a positive market trend. The upcoming results for JSW Steel and Tata Motors are eagerly awaited. Meanwhile, global oil prices dipped slightly, with Brent crude falling nearly 2% to approach $106 per barrel.
JSW Steel's April production of crude steel saw a slight decline by 1%, reaching 20.4 lakh tonnes, with Indian output dropping by the same percentage compared to last year. Additionally, US production experienced a more significant decrease of 7% in the same period.