JSW Steel: Kotak Institutional Equities on JSW Steel Upgrades to Buy with Target Price of ₹1,450 as Q1FY27 EBITDA beat estimates on higher realizations and India steel margins expanded to ₹15,110/ton, while despite expected Q2 seasonal softness and higher coal costs, capacity expansion to 49 mtpa by FY30, margin-accretive projects and the recent correction make the risk-reward attractive.

 20 Jul 2026 09:15 AM

JSW Steel: Kotak Institutional Equities on JSW Steel Upgrades to Buy with Target Price of ₹1,450 as Q1FY27 EBITDA beat estimates on higher realizations and India steel margins expanded to ₹15,110/ton, while despite expected Q2 seasonal softness and higher coal costs, capacity expansion to 49 mtpa by FY30, margin-accretive projects and the recent correction make the risk-reward attractive.

JSW Steel: JPMorgan on JSW Steel Maintains Overweight with Target Price raised to ₹1,500 as Q1 consolidated EBITDA rose 32% YoY on strong India, US Ohio and Italy performance, net debt/EBITDA improved to ~1.5x, the company remains JPM's top India metals pick, and margins are expected to recover in 2HFY27 as raw material costs peak despite Q2 spread moderation.

 20 Jul 2026 09:15 AM

JSW Steel: JPMorgan on JSW Steel Maintains Overweight with Target Price raised to ₹1,500 as Q1 consolidated EBITDA rose 32% YoY on strong India, US Ohio and Italy performance, net debt/EBITDA improved to ~1.5x, the company remains JPM's top India metals pick, and margins are expected to recover in 2HFY27 as raw material costs peak despite Q2 spread moderation.

JSW Steel: Morgan Stanley on JSW Steel Maintains Overweight with Target Price of ₹1,470 as Q1 standalone and consolidated EBITDA beat estimates despite weaker volumes, driven by better realizations and cost control, while BPSL slump sale proceeds aided deleveraging and the brokerage advises looking beyond seasonally weak Q2FY27.

 20 Jul 2026 09:15 AM

JSW Steel: Morgan Stanley on JSW Steel Maintains Overweight with Target Price of ₹1,470 as Q1 standalone and consolidated EBITDA beat estimates despite weaker volumes, driven by better realizations and cost control, while BPSL slump sale proceeds aided deleveraging and the brokerage advises looking beyond seasonally weak Q2FY27.

JSW Steel: Goldman Sachs on JSW Steel Maintains Buy with Target Price of ₹1,525 as Q1 volumes rose 5.5% YoY despite furnace shutdowns, BF-3 commissioning should lift Q2 volumes, net debt/EBITDA improved to 1.46x after the BPSL divestiture, and ongoing capacity expansion is expected to drive higher volumes and margins despite near-term spread softness.

 20 Jul 2026 09:16 AM

JSW Steel: Goldman Sachs on JSW Steel Maintains Buy with Target Price of ₹1,525 as Q1 volumes rose 5.5% YoY despite furnace shutdowns, BF-3 commissioning should lift Q2 volumes, net debt/EBITDA improved to 1.46x after the BPSL divestiture, and ongoing capacity expansion is expected to drive higher volumes and margins despite near-term spread softness.

JSW Steel: Jefferies on JSW Steel Maintains Buy with Target Price of ₹1,650 as Q1 EBITDA beat estimates by 20% with a fifth straight quarter of double-digit EBITDA growth, FY27–28 EPS estimates are raised by 1–4%, EBITDA is expected to strengthen through FY27, and capacity is targeted to double to 80 mt by FY32, supporting a sharp earnings upcycle.

 20 Jul 2026 09:16 AM

JSW Steel: Jefferies on JSW Steel Maintains Buy with Target Price of ₹1,650 as Q1 EBITDA beat estimates by 20% with a fifth straight quarter of double-digit EBITDA growth, FY27–28 EPS estimates are raised by 1–4%, EBITDA is expected to strengthen through FY27, and capacity is targeted to double to 80 mt by FY32, supporting a sharp earnings upcycle.

JSW Steel: Citi on JSW Steel Maintains Sell with Target Price of ₹1,100 as Q1 EBITDA beat on higher realizations and India margins improved to ₹15,110/ton, leverage declined to 1.5x, but the brokerage expects EBITDA/ton to peak in Q1 with Q2 facing price corrections and higher coking coal costs despite better operating leverage and lower iron ore costs.

 20 Jul 2026 09:16 AM

JSW Steel: Citi on JSW Steel Maintains Sell with Target Price of ₹1,100 as Q1 EBITDA beat on higher realizations and India margins improved to ₹15,110/ton, leverage declined to 1.5x, but the brokerage expects EBITDA/ton to peak in Q1 with Q2 facing price corrections and higher coking coal costs despite better operating leverage and lower iron ore costs.

JSW Steel: Co. Sets Leverage Target Under 2.5X, With Maximum Allowance of 3X, Anticipates Dolvi Phase 3 Asset Will Be Ready By September 2027 for Next Financial Year.

 20 Jul 2026 08:33 AM

JSW Steel: Co. Sets Leverage Target Under 2.5X, With Maximum Allowance of 3X, Anticipates Dolvi Phase 3 Asset Will Be Ready By September 2027 for Next Financial Year.

JSW Steel: Co. Pipeline To Carry 20 Million Tonnes Aims For INR 1,000 Cost Savings Per Tonne, But Rising Input Costs From Middle East Conflict Increase Steel Production Costs By About $20 Per Tonne.

 20 Jul 2026 08:35 AM

JSW Steel: Co. Pipeline To Carry 20 Million Tonnes Aims For INR 1,000 Cost Savings Per Tonne, But Rising Input Costs From Middle East Conflict Increase Steel Production Costs By About $20 Per Tonne.

JSW Steel: Co. Expects Higher Volumes in Q2 Due to BF-3 Ramp-Up, Coking Coal Costs Up By $12-$15 Per Tonne But Will Likely Decrease in Q3.

 20 Jul 2026 08:35 AM

JSW Steel: Co. Expects Higher Volumes in Q2 Due to BF-3 Ramp-Up, Coking Coal Costs Up By $12-$15 Per Tonne But Will Likely Decrease in Q3.

JSW Steel: Reports Iron Ore Prices Rose By Over INR 200 Per Tonne

 17 Jul 2026 06:03 PM

JSW Steel: Reports Iron Ore Prices Rose By Over INR 200 Per Tonne

JSW Steel: Executive Predicts Coking Coal Prices Will Rise By $12 To $15 Per Ton In Q2.

 17 Jul 2026 05:54 PM

JSW Steel: Executive Predicts Coking Coal Prices Will Rise By $12 To $15 Per Ton In Q2.

JSW Steel: Executive Indicates Domestic Steel Demand Expected to Increase by 7-9% Moving Forward.

 17 Jul 2026 05:39 PM

JSW Steel: Executive Indicates Domestic Steel Demand Expected to Increase by 7-9% Moving Forward.

JSW Steel: Company Executive Reports Coking Coal Prices Rose By $17 Per Ton, Exceeding Company's $15 Per Ton Estimate.

 17 Jul 2026 05:43 PM

JSW Steel: Company Executive Reports Coking Coal Prices Rose By $17 Per Ton, Exceeding Company's $15 Per Ton Estimate.

JSW STEEL: Q1 NET DEBT DOWN 14% QOQ AT 461.6B RUPEES

 17 Jul 2026 02:47 PM

JSW STEEL: Q1 NET DEBT DOWN 14% QOQ AT 461.6B RUPEES

JSW Steel: Approves Joining IPO Of JSW One Platforms Limited As Promoter Selling Shareholder; Equity Shares Worth Up To ₹811 Crores Offered.

 17 Jul 2026 02:50 PM

JSW Steel: Approves Joining IPO Of JSW One Platforms Limited As Promoter Selling Shareholder; Equity Shares Worth Up To ₹811 Crores Offered.

JSW STEEL: Q1 CONS NET PROFIT 47B RUPEES VS 22B (YOY); EST 35.5B

 17 Jul 2026 02:41 PM

JSW STEEL: Q1 CONS NET PROFIT 47B RUPEES VS 22B (YOY); EST 35.5B

JSW STEEL: Q1 REVENUE 474B RUPEES VS 432B (YOY); EST 468.2B

 17 Jul 2026 02:42 PM

JSW STEEL: Q1 REVENUE 474B RUPEES VS 432B (YOY); EST 468.2B

JSW STEEL: Q1 EBITDA 93.8B RUPEES VS 75.76B (YOY); EST 83.98B || Q1 EBITDA MARGIN 19.8% VS 17.56% (YOY); EST 17.74%

 17 Jul 2026 02:42 PM

JSW STEEL: Q1 EBITDA 93.8B RUPEES VS 75.76B (YOY); EST 83.98B || Q1 EBITDA MARGIN 19.8% VS 17.56% (YOY); EST 17.74%

JSW Steel: Company Reports 6.59 Million Tonnes Of Crude Steel Production For Q1 FY27, Up By 3% Year-Over-Year.

 09 Jul 2026 09:49 AM

JSW Steel: Company Reports 6.59 Million Tonnes Of Crude Steel Production For Q1 FY27, Up By 3% Year-Over-Year.

JSW Steel: Reports 94% Capacity Utilization In Indian Operations For Q1 FY27, Excluding Shutdown BF3 Capacity.

 09 Jul 2026 09:53 AM

JSW Steel: Reports 94% Capacity Utilization In Indian Operations For Q1 FY27, Excluding Shutdown BF3 Capacity.