Today, on March 10th 2025, Jindal South West Steel Company experienced a steady surge in its stock prices since the opening bell. Analysts and market experts say that the price spike could be attributed to the growing demand for steel, prompting a positive investor sentiment. Today, the share prices recorded a new high in four months.
Today, JSW Steel opened its shares to the market at Rs. 1,011.15, which is currently up by approximately 2% compared to the opening bell and previous session close.
JSW Steel Share Price in Today’s Market
At 12:00 p.m., JSW Steel is selling at 1,030.2 a piece, nearly 1.86% higher than the opening and previous session close rates. According to the reports and estimates on Money Control, the current market capitalization shows 251,955 cores; the UC Limit is 1,112.25, and the LC Limit is 910.05.
Company Financials
JSW Steel reported its third-quarter financials on January 24th. The company’s crude steel production achieved a quarterly record-high output of 7.03 million tonnes; their revenue from operations resulted in Rs. 41,378 crores. And operating EBITDA stood at Rs. 5,579 crore. JSW Steel reported Rs. 719 crore in net profit after tax.
Recent News About JSW Steel
- In January 2025, a JSW Steel group entity initiated plans to raise Rs 2,600 crore through a three-year zero-coupon bond to finance its Rs 3,900 crore acquisition of Thyssenkrupp Electrical Steel India from Germany’s Thyssenkrupp Group.
- This project enhances JSW’s capabilities in producing cold-rolled grain-oriented (CRGO) electrical steel, a specialized product with limited global manufacturers.
- The investment can reinforce JSW’s position in the electrical steel market.
JSW Share Price Target
According to Trendlyne’s analysts, JSW Steel Ltd. has an average target of 1020.62. The consensus estimates a downside of -0.60% from the last price of 1026.80.
Should You Buy, Sell, Or Hold?
Market experts and investors on Trendlyne are split between buying and holding JSW shares. Experts on Miney Control, however, also support selling. 38% of experts recommend buying, 19% suggest holding, and 13% suggest selling. Before investing in JSW, consider its long-term performance and consult your analyst to make the perfect move.
