Nomura on JSW Steel | Nomura maintains 'reduce' on the shares of JSW Steel with a target price of Rs 548. As per the brokerage house, reversal of export duty can change the situation of the company.
JPMorgan on JSW Steel | JPMorgan maintains 'neutral' on the shares of JSW Steel with a target price of Rs 610. The brokerage house says margin should improve from the second quarter.
Citi on JSW Steel | Citi maintains 'neutral' on the shares of JSW Steel with a target price of Rs 600. The brokerage house says that any positive news flow from China would drive the stock.
CLSA on JSW Steel | CLSA maintains 'sell' on the shares of JSW Steel with a target price of Rs 500. CLSA notes that the company's EBITDA (earnings before interest, taxes, depreciation, and amortisation) are below expectations due to several one-off provisions.