Here's why Shrikant Chouhan of Kotak Neo is bullish on JSW Steel, Groww
JSW Steel set out an expansion in a quarterly results development.
· Business Standard Mkts
The structural earnings outlook for JSW Steel remains positive given it's focus on cost optimization, captive raw material integration, and scale expansion, says Shrikant Chouhan of Kotak Neo.
The analysis
Against that, the stock is +1.5% on the day at ₹1,259.40, and has returned +0.3% over three months. It sits 6% below its 52-week high. The metals & mining sector has moved -3.8% over the same period, so JSW Steel is running 4.1 points ahead of its peers.
For JSW Steel, the question is how much of this is already reflected in the price and how much re-rates the metals & mining peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- The company directly in focus is JSWSTEEL.
- Sector exposure: Metals & Mining, Capital Markets.
- The immediate tone of coverage reads positive.
In this story
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