JSW Steel Share Price Target 2024-2040: Long-term Forecast & Analysis
JSW Steel Limited is an Indian multinational steel producer and flagship company of the JSW Group. It is the India’s second-largest private-sector steel company. It is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
This detailed post will explore JSW Steel’s share price targets from 2024 to 2040. We will use different technical analysis approaches for long-term forecasts to predict targets up to 2040.
Overview of JSW Steel Limited
It is the flagship company of JSW Group. JSW Steel is one of India’s leading integrated steel manufacturers and one of the fastest-growing companies in India, with a footprint in over 100 countries. After the merger of Bhushan Power & Steel, Ispat Steel, and Jindal Vijayanagar Steel Limited, JSW Steel became India’s second-largest private-sector steel company. JSW offers a wide gamut of steel products that include hot-rolled, cold-rolled, bare and pre-painted galvanized and galvalume®, TMT rebars, wire rods, and special steel.
| Company Name | JSW Steel Limited |
| Industry | Steel |
| Founded | 1982 |
| Country | India |
| Official Website | www.jswsteel.in |
JSW Steel Share Price Targets: 2024 to 2040 Snapshot
Projected JSW Steel share price targets are estimated to reach ₹939 in 2024, ₹1,029 in 2025, ₹1,120 in 2026, ₹1,211 in 2027, ₹1,301 in 2028, ₹1,410 in 2029, ₹1,767 in 2030, and ₹10,859 by 2040.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2024 | ₹ 910 | ₹ 939 |
| 2025 | ₹ 935 | ₹ 1,029 |
| 2026 | ₹ 1,026 | ₹ 1,120 |
| 2027 | ₹ 1,117 | ₹ 1,211 |
| 2028 | ₹ 1,208 | ₹ 1,301 |
| 2029 | ₹ 1,299 | ₹ 1,410 |
| 2030 | ₹ 1,404 | ₹ 1,767 |
| 2040 | ₹ 5,009 | ₹ 10,859 |
- 2024 Price Forecast: In 2024, JSW Steel’s share price is expected to range between ₹910 and ₹939, reflecting a stable growth outlook for the year.
- Significant Growth in 2025: The share price target for 2025 shows significant growth, with a minimum of ₹935 and a maximum of ₹1,029, indicating strong bullish trends.
- Steady Rise in 2026: For 2026, the share price is projected to continue its upward trajectory, ranging from ₹1,026 to ₹1,120, as the company builds on its previous year’s momentum.
- Further Growth in 2027: JSW Steel’s share price in 2027 is forecasted to be between ₹1,117 and ₹1,211, suggesting a steady rise in investor confidence and market performance.
- Continue growth maintained in 2028: In 2028, the share price target ranges from ₹1,208 to ₹1,301.
- Substantial Increase by 2029: The 2029 share price target shows a substantial increase, with a minimum of ₹1,299 and a maximum of ₹1,410, indicating robust growth potential.
- Close to ₹2,000 in 2030: By 2030, JSW Steel’s share price is expected to range from ₹1,404 to ₹1,767, approaching the ₹2,000 mark and showcasing the company’s strong long-term growth prospects.
- Long-term Outlook for 2040: Looking further ahead, the share price target for 2040 is projected to be between ₹5,009 and ₹10,859, reflecting the company’s potential for substantial long-term growth and market expansion.
Important Note: These “JSW Steel Limited” price targets are for reference purposes only. Short-term and long-term JSW Steel stock price predictions may vary due to the time series that were analyzed differently. This prediction assumes positive market sentiments, and this analysis does not cover any uncertainties in the company or global market conditions.
JSW Steel Share Price Target 2024
If we look at the monthly forecast share price of JSW Steel Limited, the bullish sentiment is likely to continue. According to technical data, by the end of this year, the share price for JSW Steel is expected to reach a maximum of ₹939.
| Months | Minimum Price | Maximum Price |
|---|---|---|
| September 2024 | ₹ 911 | ₹ 916 |
| October 2024 | ₹ 910 | ₹ 918 |
| November 2024 | ₹ 918 | ₹ 929 |
| December 2024 | ₹ 930 | ₹ 939 |
- The initial price target for JSW Steel Limited in 2024 is estimated to be ₹916.
- However, by the end of 2024, the price target is expected to rise, potentially reaching ₹939 due to bullish market trends.
JSW Steel Share Price Target 2025
Based on technical data, the minimum target share price for JSW Steel is anticipated to be ₹941, with a maximum potential value of ₹1,029 per share.
| Months | Minimum Price | Maximum Price |
|---|---|---|
| January 2025 | ₹ 936 | ₹ 941 |
| February 2025 | ₹ 936 | ₹ 940 |
| March 2025 | ₹ 935 | ₹ 950 |
| April 2025 | ₹ 952 | ₹ 974 |
| May 2025 | ₹ 966 | ₹ 973 |
| June 2025 | ₹ 969 | ₹ 979 |
| July 2025 | ₹ 978 | ₹ 989 |
| August 2025 | ₹ 990 | ₹ 1,000 |
| September 2025 | ₹ 1,002 | ₹ 1,007 |
| October 2025 | ₹ 1,001 | ₹ 1,009 |
| November 2025 | ₹ 1,009 | ₹ 1,019 |
| December 2025 | ₹ 1,020 | ₹ 1,029 |
- The initial price target for JSW Steel Ltd. in 2025 is projected to be ₹941.
- With favorable market conditions, the mid-year price target for JSW Steel Ltd. could reach ₹979.
- By the end of 2025, the price target for JSW Steel Ltd. is expected to reach ₹1,029, considering bullish market trends.
JSW Steel Share Price Target 2026
Based on technical data, the minimum target share price for JSW Steel is anticipated to be ₹1,032, with a maximum potential value of ₹1,120 per share.
| Months | Minimum Price | Maximum Price |
|---|---|---|
| January 2026 | ₹ 1,027 | ₹ 1,032 |
| February 2026 | ₹ 1,027 | ₹ 1,030 |
| March 2026 | ₹ 1,026 | ₹ 1,041 |
| April 2026 | ₹ 1,042 | ₹ 1,065 |
| May 2026 | ₹ 1,057 | ₹ 1,064 |
| June 2026 | ₹ 1,059 | ₹ 1,070 |
| July 2026 | ₹ 1,069 | ₹ 1,080 |
| August 2026 | ₹ 1,082 | ₹ 1,092 |
| September 2026 | ₹ 1,093 | ₹ 1,098 |
| October 2026 | ₹ 1,092 | ₹ 1,099 |
| November 2026 | ₹ 1,100 | ₹ 1,111 |
| December 2026 | ₹ 1,111 | ₹ 1,120 |
- The initial price target for JSW Steel Ltd. in 2026 is projected to be ₹1,032.
- With favorable market conditions, the mid-year price target for JSW Steel Ltd. could reach ₹1,070.
- By the end of 2026, the price target for JSW Steel Ltd. is expected to potentially reach ₹1,120, considering bullish market trends.
JSW Steel Share Price Target 2027
Based on technical data, the minimum target share price for JSW Steel is anticipated to be ₹1,123, with a maximum potential value of ₹1,211 per share.
| Months | Minimum Price | Maximum Price |
|---|---|---|
| January 2027 | ₹ 1,118 | ₹ 1,123 |
| February 2027 | ₹ 1,117 | ₹ 1,121 |
| March 2027 | ₹ 1,117 | ₹ 1,131 |
| April 2027 | ₹ 1,132 | ₹ 1,156 |
| May 2027 | ₹ 1,148 | ₹ 1,155 |
| June 2027 | ₹ 1,150 | ₹ 1,161 |
| July 2027 | ₹ 1,160 | ₹ 1,170 |
| August 2027 | ₹ 1,173 | ₹ 1,183 |
| September 2027 | ₹ 1,183 | ₹ 1,189 |
| October 2027 | ₹ 1,183 | ₹ 1,190 |
| November 2027 | ₹ 1,191 | ₹ 1,202 |
| December 2027 | ₹ 1,202 | ₹ 1,211 |
- The initial price target for JSW Steel Ltd. in 2027 is projected to be ₹1,123.
- With favorable market conditions, the mid-year price target for JSW Steel Ltd. could reach ₹1,161.
- By the end of 2027, the price target for JSW Steel Ltd. is expected to reach ₹1,211, considering bullish market trends.
JSW Steel Share Price Target 2028
Based on technical data, the minimum target share price for JSW Steel is anticipated to be ₹1,214, with a maximum potential value of ₹1,251 per share.
| Months | Minimum Price | Maximum Price |
|---|---|---|
| January 2028 | ₹ 1,209 | ₹ 1,214 |
| February 2028 | ₹ 1,208 | ₹ 1,212 |
| March 2028 | ₹ 1,208 | ₹ 1,223 |
| April 2028 | ₹ 1,227 | ₹ 1,247 |
| May 2028 | ₹ 1,239 | ₹ 1,246 |
| June 2028 | ₹ 1,241 | ₹ 1,251 |
| July 2028 | ₹ 1,251 | ₹ 1,263 |
| August 2028 | ₹ 1,263 | ₹ 1,274 |
| September 2028 | ₹ 1,275 | ₹ 1,280 |
| October 2028 | ₹ 1,274 | ₹ 1,282 |
| November 2028 | ₹ 1,281 | ₹ 1,293 |
| December 2028 | ₹ 1,293 | ₹ 1,301 |
- The initial price target for JSW Steel Ltd. in 2028 is projected to be ₹1,214.
- With favorable market conditions, the mid-year price target for JSW Steel Ltd. could reach ₹1,251.
- By the end of 2028, the price target for JSW Steel Ltd. is expected to reach ₹1,301, considering bullish market trends.
JSW Steel Share Price Target 2029
Based on technical data, the minimum target share price for JSW Steel is anticipated to be ₹1,305, with a maximum potential value of ₹1,342 per share.
| Months | Minimum Price | Maximum Price |
|---|---|---|
| January 2029 | ₹ 1,299 | ₹ 1,305 |
| February 2029 | ₹ 1,299 | ₹ 1,303 |
| March 2029 | ₹ 1,299 | ₹ 1,312 |
| April 2029 | ₹ 1,317 | ₹ 1,337 |
| May 2029 | ₹ 1,330 | ₹ 1,337 |
| June 2029 | ₹ 1,332 | ₹ 1,342 |
| July 2029 | ₹ 1,342 | ₹ 1,350 |
| August 2029 | ₹ 1,352 | ₹ 1,360 |
| September 2029 | ₹ 1,362 | ₹ 1,383 |
| October 2029 | ₹ 1,387 | ₹ 1,396 |
| November 2029 | ₹ 1,396 | ₹ 1,408 |
| December 2029 | ₹ 1,407 | ₹ 1,410 |
- The initial price target for JSW Steel Ltd. in 2029 is projected to be ₹1,305.
- With favorable market conditions, the mid-year price target for JSW Steel Ltd. could reach ₹1,342.
- By the end of 2029, the price target for JSW Steel Ltd. is expected to reach ₹1,410, considering bullish market trends.
JSW Steel Share Price Target 2030
Based on technical data, the minimum target share price for JSW Steel is anticipated to be ₹1,417, with a maximum potential value of ₹1,767 per share.
| Months | Minimum Price | Maximum Price |
|---|---|---|
| January 2030 | ₹ 1,404 | ₹ 1,417 |
| February 2030 | ₹ 1,431 | ₹ 1,431 |
| March 2030 | ₹ 1,446 | ₹ 1,449 |
| April 2030 | ₹ 1,465 | ₹ 1,470 |
| May 2030 | ₹ 1,490 | ₹ 1,497 |
| June 2030 | ₹ 1,518 | ₹ 1,527 |
| July 2030 | ₹ 1,550 | ₹ 1,562 |
| August 2030 | ₹ 1,581 | ₹ 1,601 |
| September 2030 | ₹ 1,610 | ₹ 1,639 |
| October 2030 | ₹ 1,642 | ₹ 1,676 |
| November 2030 | ₹ 1,681 | ₹ 1,719 |
| December 2030 | ₹ 1,723 | ₹ 1,767 |
- The initial price target for JSW Steel Ltd. in 2030 is projected to be ₹1,417.
- With favorable market conditions, the mid-year price target for JSW Steel Ltd. could reach ₹1,527.
- By the end of 2030, the price target for JSW Steel Ltd. is expected to reach ₹1,767, considering potential bullish market trends.
JSW Steel Share Price Target 2040
Based on technical data, the minimum target share price for JSW Steel is anticipated to be ₹5,009, with a maximum potential value of ₹10,859 per share.
| Months | Minimum Price | Maximum Price |
|---|---|---|
| January 2040 | ₹ 5,009 | ₹ 9,587 |
| February 2040 | ₹ 5,019 | ₹ 9,625 |
| March 2040 | ₹ 5,044 | ₹ 9,702 |
| April 2040 | ₹ 5,110 | ₹ 9,746 |
| May 2040 | ₹ 5,135 | ₹ 9,804 |
| June 2040 | ₹ 5,171 | ₹ 9,883 |
| July 2040 | ₹ 5,218 | ₹ 9,981 |
| August 2040 | ₹ 5,280 | ₹ 10,111 |
| September 2040 | ₹ 5,354 | ₹ 10,263 |
| October 2040 | ₹ 5,440 | ₹ 10,437 |
| November 2040 | ₹ 5,538 | ₹ 10,636 |
| December 2040 | ₹ 5,649 | ₹ 10,859 |
- The initial price target for JSW Steel Ltd. in 2040 is projected to be ₹9,587.
- With favorable market conditions, the mid-year price target for JSW Steel Ltd. could reach ₹9,883.
- By the end of 2040, the price target for JSW Steel Ltd. is expected to reach ₹10,859, considering bullish market trends.
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Recommendations: Invest in JSW Steel Limited stock or sell it?
It is a good idea to invest in a company that has strong financial performance, good cash flows, steady growth, and a good reputation in the industry. JSW Steel is one such company, and it is a well-known brand in the steel sector. JSW Steel shares are fundamentally strong for long-term investment. There is no doubt about it.
The stock price has shown steady growth over nearly one and a half decades. And according to our forecast, it is likely to remain like this in the future as well. If you have shares, you can continue to hold them. And if you are planning to invest in JSW Steel shares for the long term, then this option may be right for you.
However, before reacting to these recommendations for any stock, you should do your research and analysis. Trading and investing involve a significant level of risk, so consult a financial expert before making any decisions.
Frequently Asked Questions (FAQ’s)
What is the JSW Steel share price target for 2025?
As per our stock forecast, JSW Steel’s share price target can be up to ₹1,029 in 2025.
What is JSW Steel stock projected to be worth in 5 years?
Our estimates show that JSW Steel’s stock price could reach ₹1,410 in the next 5 years.
What is the JSW Steel share price target for 2030?
As per our stock forecast, JSW Steel’s share price target can be up to ₹1,767 in 2030.
What is JSW Steel stock projected to be worth in 10 years?
Our estimates show JSW Steel’s stock price could reach ₹5,207 in the next 10 years.
What is the JSW Steel share price target for 2035?
As per our stock forecast, JSW Steel’s share price target can be up to ₹5,876 in 2035.
What is the JSW Steel share price target for 2040?
As per our stock forecast, JSW Steel’s share price target can be up to ₹10,859 in 2040.
