JSW Steel Results & Valuation

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JSW Steel has come out with its FY11 numbers and the company has registered net sales of Rs 23,900 crore versus Rs 18,957 crore. Net profit of the company during the period stands at Rs 1754 crore versus Rs 1597 crore.

The current market price of the company is Rs. 926 and is trading at a PE multiple of 11.80.

52 week High/low for the stock is 1400 / 752.

Three year return from the stock as on 16th May 2011 is -3%.

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