JSW Steel Ltd.
JSW Steel Ltd is an Indian multinational steel-making company based in Mumbai and a part of the JSW Group. After the merger of ISPAT Steel, JSW Steel became India's second-largest private sector steel company. The current installed capacity of the company stands at 18 MTPA.
JSW's history can be traced back to 1982 when the Jindal Group acquired Piramal Steel Limited, which operated a mini steel mill at Tarapur in Maharashtra and renamed it as Jindal Iron and Steel Company (JISCO). Soon after the acquisition, the group set up its first steel plant in 1982 at Vasind near Mumbai. Jindal Vijayanagar Steel Ltd. (JVSL) was set up in 1994, with its plant located at Toranagallu in Ballari, Karnataka, the heart of the high-grade iron ore belt and spread over 10,000 acres (40 km²) of land. Located 340 kilometers from Bangalore, it is well connected to both the Goa and Chennai Port. In 2005, JISCO and JVSL merged to form JSW Steel Ltd. The JSW Ballari plant is the world's sixth-largest steel plant.
TECHNICAL ANALYSIS.
Time Frame - 1D
1. Stock gives the breakout of lower high lower low.
2. Next resistance is near 770.
3. Supertrend is positive.
4. Alligators are in uptrend.
5. Stock trading above 20/50/100/200 DMA.
FUNDAMENTAL ANALYSIS.
SECTOR: Steel & Iron Products
1. MARKET CAP - ₹ 1,74,366.20 Cr.
2. P/E - 9.64
3. P/B - 2.84
4. ROE - 19.75 %
5. ROCE - 16.89%
6. EPS - ₹ 74.81
7. CASH - ₹ 11,746 Cr.
8. DEBT - ₹ 49,000 Cr.
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
#education #markets #equities #stockmarket #technicalanalysis #stocks #investment #trading #india #finance #fundamentalanalysis #nse #bse #supertrend #alligator #education #investing #investments #financialmarkets #learningeveryday #learning
JSW Steel Ltd is an Indian multinational steel-making company based in Mumbai and a part of the JSW Group. After the merger of ISPAT Steel, JSW Steel became India's second-largest private sector steel company. The current installed capacity of the company stands at 18 MTPA.
JSW's history can be traced back to 1982 when the Jindal Group acquired Piramal Steel Limited, which operated a mini steel mill at Tarapur in Maharashtra and renamed it as Jindal Iron and Steel Company (JISCO). Soon after the acquisition, the group set up its first steel plant in 1982 at Vasind near Mumbai. Jindal Vijayanagar Steel Ltd. (JVSL) was set up in 1994, with its plant located at Toranagallu in Ballari, Karnataka, the heart of the high-grade iron ore belt and spread over 10,000 acres (40 km²) of land. Located 340 kilometers from Bangalore, it is well connected to both the Goa and Chennai Port. In 2005, JISCO and JVSL merged to form JSW Steel Ltd. The JSW Ballari plant is the world's sixth-largest steel plant.
TECHNICAL ANALYSIS.
Time Frame - 1D
1. Stock gives the breakout of lower high lower low.
2. Next resistance is near 770.
3. Supertrend is positive.
4. Alligators are in uptrend.
5. Stock trading above 20/50/100/200 DMA.
FUNDAMENTAL ANALYSIS.
SECTOR: Steel & Iron Products
1. MARKET CAP - ₹ 1,74,366.20 Cr.
2. P/E - 9.64
3. P/B - 2.84
4. ROE - 19.75 %
5. ROCE - 16.89%
6. EPS - ₹ 74.81
7. CASH - ₹ 11,746 Cr.
8. DEBT - ₹ 49,000 Cr.
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
#education #markets #equities #stockmarket #technicalanalysis #stocks #investment #trading #india #finance #fundamentalanalysis #nse #bse #supertrend #alligator #education #investing #investments #financialmarkets #learningeveryday #learning