NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
Considering its keen focus on capacity augmentation, raw material integration, cost-control measures and enhanced value added and special products, we initiate coverage on JSW Steel Ltd. with a Buy recommendation and a target price of Rs 1,080, 7.5 times FY26E enterprise value/Ebitda.
Risks:
Delay in capex execution could impact performance.
delays/restrictions on coal and iron ore mining could impact raw material linkages, which would hurt margins.
Lower international prices and slowing domestic consumption.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
JSW Steel - Muted Steel Prices A Near-Term Headwind; Motilal Oswal Reiterates 'Buy', Revises Target Price
Sep 16, 2024
PG Electroplast - Room AC Outlook Remains Strong: Nirmal Bang
Sep 01, 2024
.jpg?rect=0%2C0%2C3500%2C1969&auto=format%2Ccompress&format=webp&w=75)
JSW Cement - An Emerging Force To Reckon With: ICICI Securities
Aug 28, 2024
Metals Q1 Results Review - Stable Performance; Spread Is The Key Monitorable: ICICI Securities
Aug 26, 2024
POPULAR