More about JSW Steel Limited
Fundamentals for JSW Steel Limited
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Fundamentals for JSW Steel Limited
Business Operations:
Sector: Basic MaterialsIndustry: Steel
JSW Steel Limited engages in the manufacture and sale of iron and steel products in India and internationally. It provides color coated steel products, color-coated roofing sheets, galvalume coil and sheets, aluminum-zinc sheets, galvanized corrugated sheets, tin plate products, lead-free coils and sheets, Al-Zn-Mg coated galvanized steel, multi-utility steel sheets, hot rolled and cold-rolled coils, cold rolled close annealed, electrical, coated steel products, TMT bars, wire rods, alloy steel products, and steel doors under the JSW Silveron+, JSW Radiance, JSW Everglow, JSW Colouron+, JSW Pragati+, JSW Vishwas, JSW Vishwas+, JSW Galvos, JSW Galveco, JSW Platina, JSW Neosteel, JSW Trusteel, JSW Avante, and JSW Magsure brands. The company is also involved in trades in steel and allied products, and iron ore products; logistic infrastructure, real estate, and mining; manufactures forged steel ball, slabs, plates, pipes, and double jointing; production of gaseous and liquid form of oxygen, nitrogen, argon, and other products recoverable from separation of air; scrap shredding; and operation of coke oven and pellet plant, and steel plant. Its products are used in automotive, general engineering, machinery, and projects and construction sectors. The company was formerly known as Jindal Vijayanagar Steel Limited and changed its name to JSW Steel Limited in June 2005. JSW Steel Limited was founded in 1982 and is based in Mumbai, India.
Revenue projections:
Investors may react cautiously to news that JSWSTEEL's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 20.900578 |
| debtToEquity | 118.740000 |
| earningsGrowth | 1.986000 |
| revenueGrowth | 0.111000 |
| grossMargins | 0.421310 |
| operatingMargins | 0.089890 |
| trailingEps | 30.470000 |
| forwardEps | 60.424170 |
JSW Steel Limited's Forward PE ratio suggests the stock price is reasonable in relation to earnings. It's not overpriced, providing room for future growth, making the stock a potentially valuable investment for those seeking long-term gains.
JSWSTEEL's high debt-to-equity ratio signals that the company is heavily leveraged. This suggests JSWSTEEL may be relying more on debt than equity to finance its operations, which could expose the company to greater financial risk in challenging economic conditions.
JSW Steel Limited's positive earnings and revenue growth signal that the company is expected to expand its business. This healthy financial trend reflects an optimistic outlook, suggesting continued growth in both sales and profits for JSW Steel Limited.
JSW Steel Limited's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that JSW Steel Limited's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.
Price projections:
Over time, price projections for JSWSTEEL have been gradually revised upward, reflecting increasing optimism about the company's future performance. This trend suggests analysts are growing more confident in JSWSTEEL's ability to deliver strong results and achieve higher market value.
Insider Transactions:
JSWSTEEL stock was sold in 132 transactions, with market price at 1108.444698449337.10 separate purchases of JSWSTEEL stock were made, while market price was at 1140.1250061035157 per share.There is no discernible trend in insider transactions, making it hard to determine whether these actions signal positive or negative developments within the company.
Recommendation changes over time:
Analysts have been favoring JSWSTEEL with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning JSWSTEEL as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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