Name: Latest research reports of Jindal Steel Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Jindal Steel Ltd.
Rating: 5
Author: ICICI Securities Limited

Low leverage to help cope with cyclical downturn

Buy: Jindal Steel Ltd.

Recommendation Target

ICICI Securities Limited

Jindal Steel and Power’s (JSPL) Q2FY23 performance missed consensus estimates mainly on negative price-cost spread.