What’s powering Nuvama’s bullish call on Jindal Steel & Power? 3 reasons are…
- Posted on June 24, 2025
- By Financial Express
- 5 Views
What’s powering Nuvama’s bullish call on Jindal Steel & Power? 3 reasons are…
Nuvama Institutional Equities maintains a ‘Buy’ rating on Jindal Steel & Power with a target price of Rs 1,193. The brokerage sees EBITDA doubling by FY27 due to the commissioning of blast furnaces. Jindal Steel is expected to commission a 4.6 mtpa blast furnace and a 3 mtpa BoF by Q2 FY26, leading to a […]
