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JSW Steel planning to invest over Rs 48,000 crore in next three years

08 Aug 2022 Evaluate

JSW Steel is planning to invest over Rs 48,000 crore in the next three years as part of its capital expenditure (capex) plan. Out of Rs 48,700, Rs 20,000 crore capex is for the 2022-23 financial year. Besides, the company is also eyeing to amalgamate JSW Ispat Special Products with it by the end of the ongoing fiscal.

JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.

Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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