INSUBCONTINENT EXCLUSIVE:
Sacchitanand Uttekar of Tradebulls Securities Private Limited has a sell call on JSW Steel Ltd
with a target price of Rs 310.0
The current market price of JSW Steel Ltd
is Rs 327.55 Time period given by the analyst is Intra Day when JSW Steel Ltd
price can reach defined target
Sacchitanand Uttekar recommended to keep stoploss at Rs 334.3
JSW Steel Ltd., incorporated in 1994, is a largecap company with a market cap of Rs 79176.06 crore.
JSW Steel Ltd
key Products/Revenue Segments include Hot Rolled Coils/Plates/Sheets which contributed Rs 29903.01 Crore to Sales Value (52.54 % of Total
Sales), Rolled Product which contributed Rs 10709.37 Crore to Sales Value (18.81 % of Total Sales), Coils (Cold Rolled) which contributed Rs
8231.56 Crore to Sales Value (14.46 % of Total Sales), Others which contributed Rs 3236.01 Crore to Sales Value (5.68 % of Total Sales),
Coils Sheets (Galvanised) which contributed Rs 2054.47 Crore to Sales Value (3.60 % of Total Sales), Billets Blooms which contributed Rs
1488.88 Crore to Sales Value (2.61 % of Total Sales), Other Operating Revenue which contributed Rs 669.28 Crore to Sales Value (1.17 % of
Total Sales), M S/S S Slabs which contributed Rs 620.67 Crore to Sales Value (1.09 % of Total Sales)for the year ending 31-Mar-2017
For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 20027.00 Crore, up 13.35 % from last quarter Sales of
Rs 17669.00 Crore and up 22.96 % from last year same quarter Sales of Rs 16287.30 Crore Company has reported net profit after tax of Rs
2872.00 Crore in latest quarter
Mr.Jayant Acharya, Mr.Kannan Vijayaraghavan, Mr.M V S Seshagiri Rao, Mr.Malay Mukherjee, Mr.N Jayaram, Mr.Sajjan Jindal, Mr.Seturaman
Mahalingam, Mrs.Savitri Devi Jindal
Company has Deloitte Haskins Sells LLP as its auditoRs As on 31-03-2018, the company has a total of 2,417,220,440 shares outstanding
