Jindal Steel Q2 EBITDA Rises 34% to Rs 2,504 Cr
Jindal Steel reported second-quarter EBITDA of Rs 2,504 crore, up 34%. Elara Securities reiterated its Accumulate rating and raised its target price to Rs 1,212.
Elara Securities reiterates its ‘Accumulate’ rating on Jindal Steel and raises its target price to Rs 1,212, citing higher sales volumes, improved steel realisations and potential logistics cost savingsJindal Steel reported a strong operating performance in the second quarter of the 2026-27 financi…