Jindal Steel & Power Share Price Target 2022 2023 2025 2030 Prediction

Jindal Steel & Power Share Price Target

Mkt cap 43.30TCr

 

About Jindal Steel & Power :

Jindal Steel & Power Ltd. was incorporated in the year 1979. Its today’s share price is 424.35. Its current market capitalisation stands at Rs 43103.82 Cr. In the latest quarter, company has reported Gross Sales of Rs. 475966.5 Cr and Total Income of Rs.341803.2 Cr. The company’s management includes Shivani Wazir Pasrich, Kanika Agnihotri, Anoop Singh Juneja, Anil Wadhwa, Sunjay Kapur, Bhaskar Chatterjee, D K Saraogi, VR Sharma, Shallu Jindal, Naveen Jindal.

 

52-wk high 501.70
52-wk low 192.35
P/E ratio 12.40
Div yield 1.76%

 

About Jindal Steel & Power Share :

  • Jindal Steel & Power Ltd., incorporated in the year 1979, is a Mid Cap company (having a market cap of Rs 43,103.82 Crore) operating in Metals – Ferrous sector.
  • Jindal Steel & Power Ltd. key Products/Revenue Segments include Iron & Steel Items, Other Operating Revenue, Export Incentives and Scrap for the year ending 31-Mar-2020.
  • For the quarter ended 30-09-2021, the company has reported a Consolidated Total Income of Rs 13,615.49 Crore, up 27.93 % from last quarter Total Income of Rs 10,643.17 Crore and up 49.01 % from last year same quarter Total Income of Rs 9,137.43 Crore.
  • Company has reported net profit after tax of Rs 2,678.43 Crore in latest quarter.
  • The company’s top management includes Mrs.Savitri Jindal, Dr.(Mrs.)Aruna Sharma, Mr.Sudershan K Garg, Mr.Hardip Singh Wirk, Mr.Arun Kumar Purwar, Mr.R V Shahi, Mrs.Shallu Jindal, Mr.D K Saraogi, Mr.V R Sharma, Mr.Naveen Jindal, Mr.Anjan Barua.

 

Jindal Steel & Power Share Price Target 2021 Q4

  • November 2021 – 425.20 Rs
  • December 2021 – 428.50 Rs

Jindal Steel & Power share price target 2022

  1. 2022 Jan – 435.00 Rs
  2. 2022 Feb – 415.10 Rs
  3. 2022 Mar – 454.50 Rs
  4. 2022 Apr – 436.10 Rs
  5. 2022 May – 442.65 Rs
  6. 2022 Jun –  458.35 Rs
  7. 2022 Jul –  462.15 Rs
  8. 2022 Aug – 470.05 Rs
  9. 2022 Sep –  480.89 Rs
  10. 2022 Oct – 486.35 Rs
  11. 2022 Nov –  484.95 Rs
  12. 2022 Dec –  490.26 Rs

Jindal Steel & Power share price target 2023  – 510.25 Rs 

Jindal Steel & Power share price target 2024 –  550.15 Rs

Jindal Steel & Power share price target 2025 –  620.50 Rs

Jindal Steel & Power share price target 2026 –  687.30 Rs

Jindal Steel & Power share price target 2027 –  770.35 Rs

Jindal Steel & Power share price target 2028 – 845.20 Rs

Jindal Steel & Power share price target 2029 – 920. 80 Rs

Jindal Steel & Power share price target 2030 – 1065.00 Rs

Jindal Steel & power share price target 2022

All the companies as well as the steel production work of Jindal Steel Power Company were closed due to Corona epidemic. And due to this, as soon as the demand for steel started increasing after the lockdown opened, but due to less supply, there was a rise in the price of steel. Along with this, there was also a jump in the share price of steel companies.

And the share price of Jindal Steel also started rising. According to our technical analysis, you can get the first target of Jindal Steel 2022 to see Rs 550. And the second target can be seen around Rs 600. Which you should hold.

Jindal Steel & power share price target 2023

At present, the company is focusing more on steel production. But some experts believe that it is going to take about 2 years to produce maximum production. At the same time, countries like America have increased the demand for steel. But supply is becoming difficult due to low production.

Due to which the prices of steel are touching the sky. For this reason, you can see Jindal Steel’s first target of 2023 is Rs 640. And the second target is expected to be seen around Rs 710.

Jindal Steel & power share price target 2025

Keeping in view the future, the company has made some plans. The company has planned to race a fund of $1 billion. Also, the company wants to invest 2.4 billion-dollar in its business in 6 years. The company is also planning to increase steel capacity and sales by 2025. If the company starts doing this. So you can get the first target of 2025 to see 930. And there is every possibility to see the second target around 1000 rupees.

Jindal Steel & power share price target 2030

The company is very serious about its business. In the company’s plan, it wants to be debt free in the next two-three years. This is also included, in the present time the company is engaged in building its plants. If we talk about investing in this stock by 2030, then the way the company is making its plans keeping in view the future. From this it seems that by 2030 you can see the first target of this stock at Rs 1430. And the second target is likely to be seen at Rs 1560.

 

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Jindal Steel & power share price Future 

Talking about the steel sector in the future, its demand for construction and automobile sector is going to increase more. Big companies like Tata Steel, Jindal Steel, and SAIL are working in India. Whose share price seems to be rising rapidly.

Just as Jindal Steel is working towards the future. Looking at that and our estimation future, you should invest in this stock for a long time. Because the demand for steel is going to be high in the coming times. And supply, therefore, may increase the price of steel. Also, the share price of the company can be seen to rise.

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