The report states that JSL reported healthy Q2FY27 performance with consolidated topline up 43% YoY to ₹16,679 crore and PAT up 21% YoY to ₹771 crore, and maintains a BUY rating with a target price of ₹1,220 based on 9x FY28E EV/EBITDA, citing capacity-led volume expansion, richer product mix, cost optimisation and low leverage as support.
Read this note →JINDAL STEEL LIMITED
NSE JINDALSTEL BSE 532286 INE749A01030
0 filings · 0 analysed
1,146.00
+12.72%
over 1 month
-
The report states that JSL reported healthy Q2FY27 performance with consolidated topline up 43% YoY to ₹16,679 crore and PAT up 21% YoY to ₹771 crore, and maintains a BUY rating with a target price of ₹1,220 based on 9x FY28E EV/EBITDA, citing capacity-led volume expansion, richer product mix, cost optimisation and low leverage as support.
-
HSIE Results Daily 26 Oct 26 HSIE
The report says Jindal posted 27% YoY volume growth in Q2FY27 with unit EBITDA declining ~INR1.1k/MT QoQ due to higher coking coal and freight costs, and maintains BUY with an unchanged TP of INR1,210 based on 7.5x FY28E consolidated EBITDA.
-
The report notes Jindal Steel commissioned a 12.5-million-tonne cargo terminal at Paradip, Odisha, as part of a broader Rs 3,400 crore investment project.
-
Metals Q2FY27 Results Preview HSIE
The note expects Jindal Steel to deliver strong 25% YoY volume growth from recent expansion ramp-ups, while estimating the largest margin contraction among coverage companies, and maintains its BUY rating and target price.
Prices from Yahoo Finance, NSE close, delayed — indicative only, not for dealing. Solid markers sit on the exchange's own timestamp.
Targets, and what happened next
What each house published, and where the price has gone since. Orivam issues no calls of its own and takes no view on these.
| House | Published | Call | Entry | Target | Now | Progress | Standing |
|---|---|---|---|---|---|---|---|
| ICICI Direct Research (ICICI Securities Limited) | 26 Oct 2026, 10:02 | long | 1,039.90 | 1,220.00 | 1,165.00 | 69% | open by 2027-10-26 |
| HDFC Securities | 13 Oct 2026, 11:09 | long | 1,031.70 | 1,210.00 | 1,165.00 | 75% | open by 2027-10-13 |
Deadlines: 0 stated by the house, the rest set by Orivam’s convention — ten trading days for a technical call, twelve months for a price target. A target with no date cannot be judged, so one has to be chosen.
What the desks said
The report says Jindal posted 27% YoY volume growth in Q2FY27 with unit EBITDA declining ~INR1.1k/MT QoQ due to higher coking coal and freight costs, and maintains BUY with an unchanged TP of INR1,210 based on 7.5x FY28E consolidated EBITDA.
Read this note →The report notes Jindal Steel commissioned a 12.5-million-tonne cargo terminal at Paradip, Odisha, as part of a broader Rs 3,400 crore investment project.
Read this note →The note expects Jindal Steel to deliver strong 25% YoY volume growth from recent expansion ramp-ups, while estimating the largest margin contraction among coverage companies, and maintains its BUY rating and target price.
Read this note →The note flags a put-to-call volume ratio of 1.2 and put OI at 95.1% of its record high.
Read this note →The note lists Jindal Steel under short buildup with OI up 16.15% and price down 1.03% at 1,086.70.
Read this note →The note lists Jindal Steel among stocks showing weakness in the derivatives segment.
Read this note →Announcement timeline
No filings stored for this company yet.
Never miss the next one.
Orivam emails what the research desks published each trading morning, attributed and linked to the original notes. Free.
Get the daily brief