20-07-2025
New Sell Rating for JSW Steel Limited (JSWSTEEL), the Basic Materials Giant
Citi analyst Raashi Chopra maintained a Sell rating on JSW Steel Limited today and set a price target of INR880.00. The company's shares closed last Friday at INR1,034.40.
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Chopra covers the Basic Materials sector, focusing on stocks such as Hindustan Zinc Limited, ACC Limited, and Ambuja Cements Limited. According to TipRanks, Chopra has an average return of 16.1% and a 63.64% success rate on recommended stocks.
Currently, the analyst consensus on JSW Steel Limited is a Moderate Buy with an average price target of INR1,088.57.
Based on JSW Steel Limited's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR448.19 billion and a net profit of INR15.03 billion. In comparison, last year the company earned a revenue of INR462.69 billion and had a net profit of INR12.99 billion
