42.8500 0.32 (0.75%)
BSE Apr 29, 2025 15:31 PM
Volume: 1,792
 

42.85
0.75%
HDFC Securities
Our NEUTRAL stance is premised on adequate valuations, more than any concerns on fundamental goodness of the business. JSW Steel (JSTL) reported a strong 3QFY18, beating our EBITDA/t estimate of Rs 7,920 handsomely at Rs 9,000 (27.2/20.5% YoY/QoQ), driven by stronger realisations (Rs 41,055/t, 30.9/8.6% YoY/QoQ). Volumes remained strong (3.97 mT, 3.4% YoY) as JSTL increased exports to 30% (from 26% in 2QFY18).
Jeevan Scientific Technology Ltd. is trading above its 30 day SMA of 42.0
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