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

Marginal miss in EBITDA in 4Q; outlook remains bright

Buy: Jindal Steel Ltd.

Target

Motilal Oswal

JSP reported revenue of INR135b (-1.5% YoY/ +15% QoQ) in 4QFY24, which
was above our est. of INR122b. ASP stood at INR67,099/t (flat YoY/ +4%
QoQ) vs. our est. of INR62,821/t.