JSW Steel Share Price Jumps 18% In Six Months! Is There More Steam Left? Target Price Revealed

JSW Steel Share Price Today: Shares of JSW Steel Limited surged during Wednesday's intraday trading session. The metal stock has delivered an impressive 18% return over the past six months. Its robust growth outlook, coupled with strong revenue prospects, is expected to support further gains in the coming months, according to a report by Motilal Oswal.

JSW Steel share price was trading 0.74% higher at Rs 1283.85 per share on BSE with a market capitalisation of Rs 3,13,959.61 crore at 1:50 pm on Wednesday. The stock had touched an intraday high of Rs 1,288.75 per share and an intraday low of Rs 1,269.15 per share.

JSW Steel Share Price Outlook

JSW Steel is well-placed with new capacities coming on stream, strong domestic demand, and a rising share of value-added proportion in the sales mix. According to a Motilal Oswal report, "The recent sale of BPSL stake positions the company well to execute its various projects. Its focus on increasing the captive share of iron ore and improving coal linkages will support earnings."

The company is estimated to attain double-digit revenue growth over financial year 2027-28 (FY 28), driven by the ramp-up of new capacity and price recovery led safeguar duty.

"Despite input cost volatility, we believe EBITDA/t will rebound to ~INR14,000/t by FY28E on account of domestic steel price recovery, led by the safeguard duty." added the brokerage in its report.

JSW Steel Share Price Recommendation, Target Price

Motilal Oswal maintained a 'Buy' recommendation with JSW Steel stock with a target price of Rs 1,520 per share. "At CMP, JSTL trades at 7.5x FY28E EV/EBITDA, and we reiterate our BUY rating on the stock with a TP of INR1,520, valued on SoTP," read the Motilal Oswal report.

JSW Steel Share Price Trend

The stock touched its 52-week high mark of Rs 1,327.35 per share on May 27, 2026. The stock dipped to tis 52-week low mark of Rs 984 per share on June 23, 2025. JSW Steel has a return on equity (RoE) of 8.33%. The stock value has surged 9.51% since the beginning of the year 2026. The stock has delivered 28% return in one year.

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