What is the capacity of JSW Steel?
JSW Steel has grown from a single manufacturing unit in early '80s to become India's leading integrated steel company with a steel-making capacity of 28 MTPA in India & the USA, including capacities under joint control & new capacity to be commissioned at Dolvi during this year.
Though Tata Steel's total revenue is nearly twice that of JSW Steel, its revenue has grown at a CAGR of 17.2% against 23.5% of JSW Steel in the last five years.
VALUATION OF JSW STEEL
JSWSTEEL is one of the potential top 27% undervalued companies !
With 14 locations in India and a strong international presence in the USA and Europe, we're striving towards the strongest technological empowerment.
Welcome to the world's sixth largest steel plant.
Located at Toranagallu village in the Ballari-Hospete iron ore belt, our 10,000-acre, fully integrated Vijayanagar steelworks is well-connected to both Goa and Chennai ports.
|Analysis Area||Score (0-6)|
- Tata Steel Ltd.
- Adani Enterprises Ltd.
- JSW Steel Ltd.
- Steel Authority of India Ltd.
- Jindal Steel & Power Ltd.
|S.No.||Name||Qtr Profit Var %|
|2.||P I Industries||45.82|
shareholding. Tata Steel Ltd. outperforms JSW Steel Ltd. on 5 out of 6 shareholding parameters.
1. Tata Steel Ltd. One of India's biggest steelmakers, Tata Steel, was founded in 1907 by Jamshed Ji Tata.
What is India's biggest steel plant?
Eleven times winner of Prime Minister's Trophy for Best Integrated Steel Plant in the country, Bhilai Steel Plant (BSP) is India's sole producer & supplier of world class rails for Indian Railways including 260 metre long rails, and a major producer of large variety of wide and heavy steel plates and structural steel.
Tata Steel is currently the world's second-most geographically diversified steel producer with an annual crude steel capacity of 34 million tonnes per annum (MTPA). The company one of the few steel operations that is fully integrated – from mining to the manufacturing and marketing of finished products.
View 23 reports from 8 analysts offering long term price targets for JSW Steel Ltd.. JSW Steel Ltd. has an average target of 592.14. The consensus estimate represents a downside of -22.75% from the last price of 766.50.
Tata Steel Limited is a subsidiary of the Tata Group and with an annual capacity of 13 million tonnes, it is the second largest steel company in India after SAIL.
We currently possess 13 iron ore mines (nine in Karnataka and four in Odisha), which can significantly support our raw material requirements.
Companies that rely on export markets were hit hard by falling steel prices around the world. JSW Steel, one of India's largest steel producers, said in its latest earnings release that the export duty imposed in May 2022 has reduced the company's exports by 62% year-on-year and 37% quarter-on-quarter. "
Merger and acquisitions
In 2010, JSW Steel acquired 3 MTPA Hot Rolling Plant in Dolvi, Maharashtra (formerly Ispat Industries Limited). in 2012, JSW Ispat Steel was merged with JSW Steel, 20 months after the latter acquired a controlling stake in Ispat Industries.
JSW Steel logs 17% yoy growth in crude steel production volumes in Q3FY23; stock jumps ~2% JSW Steel Indian Operations logged crude steel production of 6.06 million tonnes.
|1||China Baowu Group (1)||119.95|
|3||Ansteel Group (3)||55.65|
|4||Nippon Steel Corporation (4)||49.46|
Future Of Steel Stocks In India
In the financial year 2022, the demand for Steel is expected to see a growth of 17% to 110 million tonnes, and the leading cause of this rise is the rising construction activities all across the Indian map. In May 2022, Tata Steel came up with a CAPEX of Rs 12,000 Crores.
Is steel a good long term investment?
Since U.S. Steel will be highly profitable this year, which will increase its book value, and since X will repurchase shares at a strong pace this year, which will boost value further (due to them trading below book value), investors can expect that book value per share will continue to rise throughout 2022.
|2.||Tata Consultancy Services|
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