Archive · 20 Jul 2026
JSW Steel Shares Rise Post Q1 Earnings
JSW Steel, a big steel company, just shared its earnings for the first three months of the year.
After this news, the price of its shares went up by 2.4%.
Two different groups that study stocks, Emkay Global and Motilal Oswal, both think the company is doing well and will keep doing well in the future.
They both said to buy the stock, but they have different ideas about how high the price could go.
The company made a lot of money, but it also had to spend more on something called coking coal.
The company is working on some big projects that will help it make even more steel in the future.
The price of the company's shares has gone up and down a bit recently, but it's still higher than it was a year ago.
JSW Steel's shares rose 2.4% to Rs 1,266.60 on NSE post Q1 earnings.
Consolidated EBITDA of Rs 9,380 crore exceeded brokerage estimates.
Emkay Global maintained a 'Buy' rating with a target of Rs 1,237 (13.2% upside).
Motilal Oswal retained a 'Buy' rating with a target of Rs 1,470 (19% upside).
Company's debt reduced to Rs 46,200 crore, improving balance sheet.
- Who
- JSW Steel
- What
- Reported Q1 earnings, shares rose 2.4%
- When
- After Q1 earnings release
- Where
- NSE (National Stock Exchange)
- Why
- Strong EBITDA, brokerage ratings, and future growth prospects
Emkay Global
Motilal Oswal
Price Target
Emkay Global
Rs 1,237, implying a 13.2% upside
Motilal Oswal
Rs 1,470, implying a 19% upside
Sales Volume Growth
Emkay Global
8% CAGR over FY26-29
Motilal Oswal
Over 30 MT by FY28
EBITDA per Tonne
Emkay Global
Recovery expected in H2 FY27
Motilal Oswal
Rebound to Rs 14,000 by FY28
- Consolidated EBITDA
- Rs 9,380 crore
- Sales Volume Decline
- 11.6%
- Coking Coal Costs
- Higher
- Net Debt to EBITDA Ratio
- 1.46x in Q1 FY27
- Share Price Change (1 Year)
- 22% increase
- Share Price Change (6 Months)
- 8.7% increase
- Share Price Change (1 Month)
- 1.7% decrease
- Share Price Change (5 Days)
- 1.2% increase