JSW Steel Limited
JSWSTEEL.NS
₹1273.40
▲ 0.34%
JSW Steel edged up 0.34% to ₹1,273.40, holding not far off the 52-week high of Rs 1,335 it touched on August 6, even as the stock has stayed largely range-bound over the past six months. July production data showed consolidated crude steel output rising 3% year-on-year to 24.02 lakh tonnes with capacity utilisation at 87%, while EBITDA margins improved 230 basis points to 19.81%. Brokerages remain constructive on the counter, with Nomura setting a target of Rs 1,340 and Jefferies at Rs 1,400, both maintaining Buy calls. The stock, up roughly 20-23% over the past year, continues to trade at an elevated P/E near 43-47 times.
CAGR Performance
| 1 Year | 2 Years | 5 Years | 10 Years |
|---|---|---|---|
| 20.91% | 18.46% | 11.20% | 22.09% |
No comments:
Post a Comment