|
09 Sep 2025 |
JSW Steel
|
Consensus Share Price Target
|
1104.50 |
1063.76 |
- |
-3.69 |
hold
|
|
|
|
|
25 Oct 2023
|
JSW Steel
|
SMC online
|
1104.50
|
|
748.30
(47.60%)
|
|
Results Update
|
|
|
|
|
23 Oct 2023
|
JSW Steel
|
BOB Capital Markets Ltd.
|
1104.50
|
840.00
|
748.95
(47.47%)
|
Target met |
Hold
|
|
|
Q2 result beat estimates on higher cost savings in standalone operations beyond coking coal reduction
|
|
21 Oct 2023
|
JSW Steel
|
ICICI Securities Limited
|
1104.50
|
775.00
|
769.40
(43.55%)
|
Target met |
Hold
|
|
|
JSW Steel (JSTL)’s Q2FY24 performance was ahead of our estimates. Key points: 1) Standalone EBITDA/te at INR 12,750 surpassed estimates on lower iron ore and coking coal cost. 2) Overseas subsidiaries posted mixed performance. 3) Enhanced focus on more profitable domestic market and increased sales to value added segments. 4) Net debt rose to INR 692bn due to the JISPL merger.
|
|
21 Oct 2023
|
JSW Steel
|
Prabhudas Lilladhar
|
1104.50
|
903.00
|
769.40
(43.55%)
|
Target met |
Buy
|
|
|
|
|
20 Oct 2023
|
JSW Steel
|
Sharekhan
|
1104.50
|
700.00
|
748.95
(47.47%)
|
|
Sell
|
|
|
|
|
31 Jul 2023
|
JSW Steel
|
Motilal Oswal
|
1104.50
|
730.00
|
816.75
(35.23%)
|
Target met |
Neutral
|
|
|
|
|
28 Jul 2023
|
JSW Steel
|
Geojit BNP Paribas
|
1104.50
|
842.00
|
804.15
(37.35%)
|
Target met |
Hold
|
|
|
|
|
25 Jul 2023
|
JSW Steel
|
BOB Capital Markets Ltd.
|
1104.50
|
840.00
|
800.55
(37.97%)
|
Target met |
Hold
|
|
|
Q1 ahead of consensus with Indian operations limiting the decline in margin and overseas business seeing improvement
|
|
24 Jul 2023
|
JSW Steel
|
SMC online
|
1104.50
|
|
775.65
(42.40%)
|
|
Results Update
|
|
|
|
|
23 Jul 2023
|
JSW Steel
|
ICICI Securities Limited
|
1104.50
|
755.00
|
786.45
(40.44%)
|
Target met |
Hold
|
|
|
JSW Steel’s (JSTL) consolidated EBITDA of INR 70.4bn (up 63.5% YoY) was 38-40% ahead of our and street’s estimates led by better than expected exports realisation, performance of overseas subsidiaries and higher volume. Key points: 1) Standalone EBITDA/t at INR 9,860 owing to higher realisation; 2) standalone volume at 4.93mt (up 22% YoY) was 4% ahead of our estimates; and 3) net debt rose by INR 74.5bn QoQ, mirroring working capital build up.
|