|
08 Oct 2025 |
JSW Steel
|
Consensus Share Price Target
|
1145.20 |
1091.06 |
- |
-4.73 |
buy
|
|
|
|
|
31 Jul 2023
|
JSW Steel
|
Motilal Oswal
|
1145.20
|
730.00
|
816.75
(40.21%)
|
Target met |
Neutral
|
|
|
|
|
28 Jul 2023
|
JSW Steel
|
Geojit BNP Paribas
|
1145.20
|
842.00
|
804.15
(42.41%)
|
Target met |
Hold
|
|
|
|
|
25 Jul 2023
|
JSW Steel
|
BOB Capital Markets Ltd.
|
1145.20
|
840.00
|
800.55
(43.05%)
|
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
|
1145.20
|
|
775.65
(47.64%)
|
|
Results Update
|
|
|
|
|
23 Jul 2023
|
JSW Steel
|
ICICI Securities Limited
|
1145.20
|
755.00
|
786.45
(45.62%)
|
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
|
1145.20
|
700.00
|
786.45
(45.62%)
|
|
Sell
|
|
|
|
|
30 Jun 2023
|
JSW Steel
|
Chola Wealth Direct
|
1145.20
|
940.00
|
784.80
(45.92%)
|
Target met |
Buy
|
|
|
|
|
22 May 2023
|
JSW Steel
|
SMC online
|
1145.20
|
|
704.60
(62.53%)
|
|
Results Update
|
|
|
|
|
22 May 2023
|
JSW Steel
|
ICICI Direct
|
1145.20
|
740.00
|
704.60
(62.53%)
|
Target met |
Hold
|
|
|
|
|
21 May 2023
|
JSW Steel
|
ICICI Securities Limited
|
1145.20
|
675.00
|
693.85
(65.05%)
|
|
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.
|