|
20 Sep 2025 |
JSW Steel
|
Consensus Share Price Target
|
1122.80 |
1063.64 |
- |
-5.27 |
hold
|
|
|
|
|
31 Jul 2023
|
JSW Steel
|
Motilal Oswal
|
1122.80
|
730.00
|
816.75
(37.47%)
|
Target met |
Neutral
|
|
|
|
|
28 Jul 2023
|
JSW Steel
|
Geojit BNP Paribas
|
1122.80
|
842.00
|
804.15
(39.63%)
|
Target met |
Hold
|
|
|
|
|
25 Jul 2023
|
JSW Steel
|
BOB Capital Markets Ltd.
|
1122.80
|
840.00
|
800.55
(40.25%)
|
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
|
1122.80
|
|
775.65
(44.76%)
|
|
Results Update
|
|
|
|
|
23 Jul 2023
|
JSW Steel
|
ICICI Securities Limited
|
1122.80
|
755.00
|
786.45
(42.77%)
|
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.
|
|
21 Jul 2023
|
JSW Steel
|
Sharekhan
|
1122.80
|
700.00
|
786.45
(42.77%)
|
|
Sell
|
|
|
|
|
30 Jun 2023
|
JSW Steel
|
Chola Wealth Direct
|
1122.80
|
940.00
|
784.80
(43.07%)
|
Target met |
Buy
|
|
|
|
|
22 May 2023
|
JSW Steel
|
SMC online
|
1122.80
|
|
704.60
(59.35%)
|
|
Results Update
|
|
|
|
|
22 May 2023
|
JSW Steel
|
ICICI Direct
|
1122.80
|
740.00
|
704.60
(59.35%)
|
Target met |
Hold
|
|
|
|
|
21 May 2023
|
JSW Steel
|
ICICI Securities Limited
|
1122.80
|
675.00
|
693.85
(61.82%)
|
|
Hold
|
|
|
JSW Steel’s (JSTL) Q4FY23 EBITDA surpassed consensus estimates. Key points: 1) consolidated EBITDA surged 75% QoQ to Rs.79.4bn (down 14% YoY) owing to positive price-cost effect, mainly at standalone operations; 2) both shipments and EBITDA/te at the standalone level were ahead of estimates.
|