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Jindal Steel & Power by biswaranjanjena4080 is a document available to read on EtoBox.
Jindal Steel & Power reported strong operational performance in Q3FY26 with a 25% increase in production and a 22% rise in sales volumes, but faced declining profitability due to margin pressures from weak steel prices and high input costs. Recent government measures to impose safeguard duties on select steel imports have improved the outlook for domestic prices, potentially supporting margins in the future. The stock has shown positive technical strength, prompting a Hold rating with a target price of ₹1,4
- Author
- biswaranjanjena4080
- Language
- EN